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04 March 2008

Quintegra adds 70,000 sq ft IT space in Chennai

Quintegra Solutions Limited has announced the addition of 70,000 sq ft of IT space in Chennai to meet growing IT business as well as for foraying into the KPO space with an initial investment of Rs. 27 crore.

The Economic Times (Tuesday, March 04, 2008)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, Africa, India, Malaysia and Singapore, with development centers in India, Singapore and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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15 January 2008

Quintegra enters the KPO segment

Quintegra Solutions Limited has announced the launch of its Knowledge Process Outsourcing (KPO) Services with an initial investment of Rs. 27 crores to start with. The company plans to hire about 170 to 200 highly skilled manpower by the end of March 2008, in addition to its own knowledge pool, which will mark the beginning of the new facility to be housed in the new office premises. The company plans to provide KPO services to industries like telecommunication, healthcare and BSFI to begin with.

Online links:

Moneycontrol

Business Standard

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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19 October 2007

Quintegra buys US-based PAC for $49 Million

Quintegra has acquired US-based PA Corporation (PAC) for $49 Million (Rs. 198 Crores) in an all-cash deal. Quintegra will pay $20 Million upfront and the rest over a period of 3 years, depending on PAC meeting certain performance milestones.

Founded in 2002 and based in Virginia, PAC has 350 employees and has built core competencies in high-end IT consulting and leadership in middle space IT services. PAC has major clients such as Charles Schwab, NASD, Amex, Washington Mutual and Wells Fargo. The management team headed by CEO LeRoy Pingho and President & COO Wally Kulesza will continue in the organization for three more years, driving its business from the US. PAC will be renamed Quintegra and will be integrated with the Indian company.

The deal will help Quintegra gain an entry into high-end consulting business and attract new customers. "The acquisition is part of our strategy to grow inorganically. In this business, you need size to attract Fortune 100 customers. With this deal, we will achieve a milestone of over $100 Million revenue this year." said Shankarraman Vaidyanathan, Chairman and Managing Director of Quintegra.

The acquisition would help Quintegra take its headcount to over 1000 from 600 at present, and also cross a revenue of Rs. 400 Crores ($100 Million) and net profit of Rs. 50 Crores in the year ending March 31 2008. Quintegra has raised a $20 Million loan from SBI for the initial payment and will meet the balance from expected cash flow every year.

Here are select press releases on the deal.

The Economic Times (Friday, October 19, 2007)

The Hindu Business Line (Friday, October 19, 2007)

The Financial Express (Friday, October 19, 2007)

The New Indian Express (Friday, October 19, 2007)

Trinity Mirror (Friday, October 19, 2007)

Business Standard (Saturday, October 20, 2007)

The Hindu (Tuesday, October 23, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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04 September 2007

Quintegra aiming at Rs. 160 crore sales

Here is a press release on Quintegra's sales plans.

The New Indian Express (Tuesday, September 04, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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30 July 2007

Quintegra's Q1 net profits zoom by 376%

Quintegra has released its unaudited financial results for the quarter ended June 30, 2007 in all major newspapers including The Hindu, The Economic Times, Trinity Mirror and The Hindu Business Line.

Here are select press releases.

The Economic Times (Monday, July 30, 2007)

The Financial Express (Tuesday, July 31, 2007)

The Economic Times (Tuesday, July 31, 2007)

The Hindu (Thursday, August 02, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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05 July 2007

Quintegra to list on Bombay Stock Exchange (BSE)

Quintegra Solutions Ltd will list its shares in Bombay Stock Exchange (BSE) and the trading in the stock will commence from July five (Scrip Code: 532866).

BSE had already issued circulars to all its members that Quintegra would be admitted to dealings on the exchange in the list of 'T' Group Securities. "This would provide greater access and liquidity to our shareholders," said Mr Shankarraman Vaidyanathan, Chairman and Managing Director, Quintegra Solutions Ltd. The company is already listed on National Stock Exchange (NSE) and Madras Stock Exchange (MSE).

Here is a press release covering Quintegra's listing on BSE.

Business Standard (Friday, July 06, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE. For additional information browse through our website at www.quintegrasolutions.com.

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04 July 2007

Quintegra to expand its presence in Europe using the inorganic route

Here is a press release covering Quintegra's plans for expanding its presence in Europe using the inorganic route.

The New Indian Express (Wednesday, July 04, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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10 May 2007

Quintegra to spend Rs 60 cr to improve its infrastructure

Here is a press release covering Quintegra's plans for improving its infrastructure

The Financial Express (Thursday, May 10, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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06 May 2007

Press release of Quintegra's European Plans

Here is a press release covering Quintegra's European plans:

The Financial Express (Sunday, May 06, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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28 April 2007

Press releases of Quintegra's financial results for 2006-07

Here are certain press releases covering Quintegra's financial results for 2006-07:

The Hindu (Saturday, April 28, 2007)

The Economic Times (Saturday, April 28, 2007)

Business Standard (Saturday, April 28, 2007)

The Financial Express (Saturday, April 28, 2007)

The New Sunday Express (Sunday, April 29, 2007)

Deccan Chronicle (Thursday, May 10, 2007)

Trinity Mirror (Tuesday, May 08, 2007)

News Today (Wednesday, May 02, 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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22 March 2007

Press releases of Quintegra's acquisitions

Here are certain press releases covering Quintegra's acquisitions of ValleyUS and JadeLite Technologies:

The Economic Times has covered Quintegra's acquisitions in its online edition on 21st March 2007. It can be found in this link.

The Economic Times (Thursday, 22nd March 2007)

The Hindu (Thursday, 22nd March 2007)

The Hindu Business Line (Thursday, 22nd March 2007)

The New Indian Express (Thursday, 22nd March 2007)

Business Standard (Thursday, 22nd March 2007)

The Financial Express (Thursday, 22nd March 2007)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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21 March 2007

Quintegra Acquires ValleyUS, US and JadeLite Technologies, Singapore for a total of Rs. 46.50 Crores (US$ 10.5 Million)

Chennai, 21 March 2007

Quintegra Solutions Limited, a leading software services company, has acquired ValleyUS of United States, a software development and consultancy company and JadeLite Technologies of Singapore, a software products company, for a total of Rs.46.50 crores (US$ 10.5 Million).

The acquisition of ValleyUS will substantially strengthen Quintegra’s US presence with strong clientele in domains like client-server, legacy, CRM, and e-Commerce. Whereas, the acquisition of JadeLite, which has award winning ERP for educational sector, will improve Quintegra’s market share in the education and training management software sector.

Quintegra acquired 100% stock in ValleyUS at US $ 9.5 million and JadeLite at US $ 1 million. The due diligence of the take over of these companies was done by Ernst & Young.

“The acquisitions are in line with the company’s organic and inorganic strategy to become one of the top IT companies in India with revenue of US $ 100 million by the year 2010,” said Mr. Shankarraman Vaidyanathan, Chairman and Managing Director of Quintegra.

He said that the company would leverage all the synergies in the line of services of ValleyUS and move up the value chain. ValleyUS registered a revenue of Rs.53 Crores (US$ 12 Million) for the calendar year ended 31 December 2006. It is projected to achieve the revenue target of Rs.80 Crores (US$ 18 Million) and Rs.106 Crore (US$ 24 million) by 2007-08 and 2008-09 respectively.

JadeLite has three award winning products viz., EduCampus, EduCorp and EduLAS. The acquisition is expected to result in the Singapore Company achieving the revenue targets of Rs.80 to Rs.90 Crores (US$ 18-20 million) in next three years.

Mr. Vaidyanathan said that Quintegra will adhere to the five keys to success: quality products, quality partners, advance research & development, quality management team and customer satisfaction.

The company’s range of services comprises of customized application development and maintenance, software product support and testing, SAP (ERP) implementation & support and Siebel (CRM) implementation & support. The company’s domain expertise lies across various industries like financial services, insurance, telecommunications, healthcare, engineering services and ERP implementation.

The Company is focusing on Health Care Sector in a big way and making forays into specialized engineering services.

The company adopts an onsite and/or offshore delivery model for application development and system maintenance. Besides saving substantial costs for the client, this delivery model adds value by adhering to stringent quality guidelines assessed as per CMM standards. The company’s clients consistently experience two-fold benefits of increased productivity and integrated quality processes. This has enabled Quintegra retain customers over a period of 5-6 years.

About Quintegra Solutions
Quintegra, a Chennai based software services company, has been operating out of Chennai for the last 12 years. The company’s shares are listed on The National Stock Exchange of India and The Madras Stock Exchange. The Company’s revenue for the current year is expected to be Rs.70 Crores (US$ 16 Million) against Rs.35 crores (US$ 8 million) in the last year. The Company is a SEI CMM Level 4 certified company.

About ValleyUS
ValleyUS Inc is a company incorporated under the laws of USA and is in the business of Software Development and Consultancy, serving the needs of various business houses in US since 1999 with headquarters at Cupertino, CA and branch offices in Sioux Falls, South Dakota and New Delhi, India. ValleyUS has been providing consulting services in various software areas with expertise in the area of J2EE/Java, QA, system programming, database development and SAP.

ValleyUS effectively provides services in the areas of client-server, legacy, CRM and e-Commerce. It is working with the leading publishing house CTB McGraw Hill and Silicon Valley technology companies for a very long time as direct vendor. It has partnership agreements with big 5 IT consulting firms in USA. These partnerships have helped ValleyUS enjoy a steady client base that has been doing regular, growing business for the last 5 years. CTB Mcgraw Hill, Ebay, Walmart, E-Trade, Wells Fargo Bank, Yahoo, Google, BEA systems are some of the key clients of ValleyUS.

ValleyUS also has been working in the area of product development and has developed a product to effectively manage the life cycle of a consulting company. This product allows ValleyUS to effectively work with the India and offsite teams very effectively and economically. ValleyUS is an approved vendor for undertaking IT projects in the areas of client/server, ERP, and e-Commerce areas.

About JadeLite Technologies
JadeLite Technologies Pte Ltd was founded in October 2002, and is incorporated as a private limited company in Singapore. JadeLite Technologies is a specialist software developer focused on delivering:
    • ERP products and solutions for education
    • Performance, appraisal, and training management products and solutions for large corporate & government        organizations
    • Professional examination, licensing and scheduling products to large issuing organizations in both the public        and private sectors
JadeLite has three main products namely EduCampus, EduCorp and EduLAS. All of JadeLite products are based on the Microsoft .NET platform resulting in a suite of applications which are fully web enabled, seamlessly and fully integrated, highly scalable in terms of users and new applications, and, most importantly, which are characterized by their significant ease of use, customization capabilities and lower total cost of ownership as compared with conventional solutions and what is currently available in the market place. JadeLite has clientele like NCS, LaSalle, SIA College of Singapore, Epson, Netroasia, Singapore science centre. etc.

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Media Contact: Mr. A. Viswanathan, Manager - Corporate Communications, Quintegra Solutions Ltd @ 99401 91174

23 November 2006

Press clippings of Quintegra's H1 results and expansion plans

Here are certain press clippings covering Quintegra's H1 results and expansion plans

The Hindu (Thursday, 23rd November 2006)

The Financial Express (Thursday, 23rd November 2006)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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17 November 2006

Quintegra to buy 2 foreign IT firms; plans $ 15-m FCCB

Economic Times has published an article covering Quintegra's plans to buy 2 foriegn IT firms. Here is the press clipping of the article.

The Economic Times (Friday, 17th November 2006)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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07 November 2006

Quintegra showcases HMIS Powered by SAP NetWeaver at SAP TechEd '06 in Bangalore

Quintegra Solutions Limited, a provider of IT services & consulting, today announced that it is showcasing its Hospital Management & Information System (HMIS) Powered by SAP NetWeaver® at SAP TechEd ’06 in Bangalore from November 8th – 10th.

SAP TechEd is the premier SAP educational event which enables visitors & participants to share the vision that's shaping the enterprise technology market of tomorrow. Flexibility, interconnectivity, analytics, and usability are key capabilities that companies need to succeed in today's competitive marketplace. And SAP TechEd '06 is the place to learn the skills and test the tools that enable the in-time enterprise. At SAP TechEd '06, people can learn how SAP NetWeaver Platform, the open standards-based architecture for the future, enables enterprise service-oriented architecture and provides an exceptional platform for modeling, developing and implementing state-of-the-art business processes.

Quintegra’s HMIS for the SAP NetWeaver platform is a next-generation solution that is powerful, flexible & easy to use and has been designed & developed to deliver real, conceivable benefits to hospitals through customizable end-to-end process automation, information & resource management and reporting.

SAP has certified that the Quintegra HMIS integrates with the SAP NetWeaver Exchange Infrastructure (SAP NetWeaver XI) component of the SAP NetWeaver platform and is accessible via the SAP NetWeaver Portal.

HMIS powered by SAP NetWeaver integrates people, information & processes in hospitals. The HMIS provides an effective solution to hospitals that plan to reduce the costs of administrative & clinical transactions, improve responsiveness to patient care, enhance decision making process and streamline operations, while increasing the user satisfaction of all stakeholders involved. Quintegra's HMIS not only provides an opportunity to hospitals to enhance their patient care but can also increase the profitability of the organization. The ROI coupled with an enhanced image & competitive advantage of the hospital act as drivers for healthcare providers to invest in the HMIS that will keep all their stakeholders satisfied. Leveraging upon SAP NetWeaver, Quintegra’s HMIS gives hospitals the winning edge to deliver superior patient care, while optimizing internal processes through the power of SAP.

Quintegra is showcasing the HMIS Powered by SAP NetWeaver at a pod and will also be participating in the live demo theatre on November 9th (3 PM – 3:45 PM).

Marketing material regarding the HMIS Powered by SAP NetWeaver are:

>> Brochure (PDF – 2 MB)

>> HMIS Introduction (Flash – 2 MB in ZIP format)

>> HMIS Demo Theatre Presentation (PDF – 2 MB)

>> Photographs of the event (click for actual size)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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29 March 2006

Highlights of press release on Quintegra's IT unit in Chennai

Economic Times has published an article covering Quintegra's plans to setup an IT unit in Chennai. Here is the press clipping of the article.

The Economic Times (Wednesday, 29th March 2006)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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29 March 2006

Highlights of press release on Quintegra's pact with MTU Aero Engines GmbH

The Hindu has published an article covering Quintegra's pact with MTU Aero Engines GmbH. Here is the press clipping of the article.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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28 March 2006

Online articles cover Quintegra's pact with MTU Aero Engines GmbH

The Economic Times has covered Quintegra's pact with MTU Aero Engines GmbH in its online edition on 28th March 2006. It can be found in this link - economictimes.indiatimes.com/articleshow/msid-1467230,curpg-1.cms

Excerpts from the article (© The Economic Times)

Quintegra Solutions Limited, Chennai based global IT services and consulting company, signed a Master Service Agreement with MTU Aero Engines GmbH, a 5.50 billion Euro company headquartered in Munich, Germany on Tuesday.

A company release said Quintegra expects to generate three to five million euros in the first year of this engagement.

The agreement will be for a period of five years. Quintegra is also expecting to grow this account from SAP to other opportunities available in MTU, the release said.

MTU is Germany's leading manufacturer of engine modules and components and complete aero engines and also develops, manufactures and provides service support for aircraft engines, military and civil.

MTU currently has operations in five locations-Hanover, Munich, Berlin, Zuhai in China and Vancouver in Canada. Quintegra would implement SAP rollouts across all the five locations and would also do Information Technology concept preparations and SAP realisations as part of this engagement, the release added.

"We are closely working on more than 30 large accounts as part of our growth strategy, which would generate revenue of USD 12-15 million in the next year," said Quintegra CMD Shankarraman Vaidyanathan.

The Hindu Business Line has also covered the news item in its online edition. It can be found in this link - www.thehindubusinessline.com/businessline/blnus/15281606.htm

Quintegra Solutions Limited on Tuesday signed a master service agreement (MTA) with MTU Aero Engines GmbH, a €5.50 billion company headquartered in Munich, Germany.

A company release said that Quintegra expects to generate € 3 to 5 million in the first year of this engagement.

The agreement will be for a period of five years. Quintegra is also expecting to grow this account from SAP to other opportunities available in MTU, the release said.

MTU is Germany's leading manufacturer of engine modules and components and complete aero engines and also develops, manufactures and provides service support for aircraft engines, military and civil.

MTU currently has operations in five locations - Hanover, Munich, Berlin, Zuhai in China and Vancouver in Canada. Quintegra would implement SAP rollouts across all the five locations and would also do information technology concept preparations and SAP r ealisations as part of this engagement, the release added.

"We are closely working on more than 30 large accounts as part of our growth strategy, which would generate revenue of $12-15 million in the next year," Mr Shankarraman Vaidyanathan, CMD, Quintegra, said in a release.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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28 March 2006

Quintegra picks up 2 US firms for $ 6 million

Economic Times has published an article covering Mr Shankarraman Vaidyanathan's acquisition of 2 US firms. Here is the press clipping of the article.

The Economic Times (Tuesday, 28th March 2006)

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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14 March 2006

Online article covers Quintegra's plans for seeking SAP companies

The Hindu Business Line has covered Quintegra's plans for seeking SAP companies in its online edition on 13th March 2006. It can be found in this link - www.thehindubusinessline.com/2006/03/14/stories/2006031403470400.htm

Excerpts from the article (© The Hindu Business Line):

Quintegra Solutions Ltd has said that it is looking to acquire companies with expertise in SAP implementation and those with skills in the banking, financial services and insurance space.

Mr Shankar Raman V., Chairman and Managing Director, Quintegra, told Business Line, "We are looking at acquisitions in the range of $10-20 million. Revenues of target companies would be between $5 million and $10 million."

Since the open offer made by Quintegra late last year, the reconstituted board of directors, led by Mr Shankar Raman, has made some key changes. The company recently strengthened its management team by bringing in Ms Olivia Vaz as Head, Asia-Pacific region, and Head, global SAP initiatives.

Ms Vaz, with 24 years of experience in the IT industry, was earlier the member of SAP AG's global leadership team and Director on its Asia-Pacific board.

Quintegra has also brought on Mr William J. Hinz as advisor to the board. Mr Hinz was earlier President, AlliedSignal Aerospace, a $4.8-billion manufacturer of aerospace engines and components.

Mr Shankar Raman said Quintegra would end 2005-06 with about $20 million (or Rs 86 crore), up from $11 million for 2004-2005. He expects the manpower to grow from 370 to 1,650 by 2007.

He added that, in addition to acquiring companies, growth through inorganic means would include building channel partnerships with product vendors such as SAP, Navision and Oracle Financials; and, joint ventures with companies "to whom we can provide offshore support and who can provide us geographical leverage."

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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03 February 2006

Online articles cover Quintegra's Malaysia plans

As a follow up to the news article titled "Quintegra Solutions accorded MSC status in Malaysia", The Hindu Business Line has covered Quintegra's Malaysia plans in its online edition on 2nd February 2006. The same can be found in this link - www.thehindubusinessline.com/blnus/15021606.htm.

Excerpts from the article (© The Hindu Business Line):

In an effort to expand its business operations in the Asia Pacific region, Chennai-based software solutions firm Quintegra Solutions Ltd has set up its subsidiary in Malaysia.

The firm plans to develop the Malaysian facility, Quintegra Solutions (M) Sdn. Bhd., to serve as its regional development as well as customer relationship management centre, a company release said. Quintegra has invested about Malaysian ringitt 5,00,000 towards the venture. The Malaysian subsidiary would employ more than 100 people in the current year in the facility, it said. This would be Quintegra's third development centre apart from Chennai and Bangalore.

The firm said that Malaysia would become the hub for its managed services initiative and the disaster recovery site for its India development centres. The Malaysian subsidiary has been accorded multi-media super corridor (MSC) status by Multimedia Development Corporation Sdn .Bhd., a Malaysian government body promoting IT initiatives in Malaysia.

The MSC status would help Quintegra enjoy the benefits offered by the Malaysian Government. The Company is planning to partner with local firms and to create a near-shore development centre in Malaysia catering to the growing APAC region.

News Today has also covered Quintegra's Malaysia plans in its online edition on 3rd February 2006. The same can be found in this link - newstodaynet.com/03feb/bu8.htm

Excerpts from the article (© News Today):

Quintegra Solutions Limited (QSL), a Chennai-based IT solutions company, has set up its subsidiary firm in Malaysia in a bid to expand operations in the Asia Pacific region.

Quintegra Solutions (M) Sdn. Bhd., would serve as the company's regional development as well as customer relationship management centre. In the current year, the Malaysian subsidiary would employ more than 100 staff and would attract an investment of Malay Rupee 5 lakh from the parent company.

'The Malaysian subsidiary's target includes education and healthcare, as well as corporations in the public sector. It will also undertake R&D activities in those areas, with plans of adding more verticals in the future,' said V Shankarraman, CMD, QSL.

The subsidiary has been accorded MSC status by Multimedia Development Corporation Sdn. Bhd., a Malaysian government body which promotes IT initiatives in that country. The firm added that the MSC status would help Quintegra enjoy the benefits offered by the Malaysian government for many years to come. The company is planning to partner with local firms and to create a near-shore development centre in Malaysia catering to the growing APAC region.

The Malaysian centre would be the third development office, in addition to Chennai and Bangalore centres. Malaysian subsidiary would also become the hub for the company's managed services initiative and the Disaster Recovery Site for India development centres. Quintegra Solutions has offices in the US, UK, Malaysia, Singapore and India with development centres in Chennai and Bangalore. The company provides a full range of custom-built, software solutions and consultancy services.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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02 February 2006

Economic Times article covers Quintegra's growth plans

Economic Times, the leading business newspaper, has published an article covering Quintegra's proposed growth plans. Here is the press clipping of the article.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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25 January 2006

Quintegra Solutions accorded MSC status in Malaysia

Mr. Vaidyanathan Shankarraman, chairman and managing director of Quintegra, is pleased to announce that Quintegra's subsidiary - Quintegra Solutions (M) Sdn. Bhd., formed in Malaysia recently to expand Quintegra's business operations in the Asia Pacific region, has been accorded MSC status today by the Multimedia Development Corporation SDN. BHD., a Malaysian government body which promotes IT intiatives in Malaysia. The Company would enjoy all benefits given by the Malaysian Government for the next 10 years, which Includes Zero Tax Benefit, speedy and liberal immigration of IT professionals, etc.,. Quintegra would use and develop this opportunity to expand its offshore and near shore development centre in Malaysia to cater to the growing Asia Pacific Region.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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23 January 2006

Highlights of press releases on Quintegra's Board reconstitution

Quintegra has reconstituted its board with a new set of directors following its acquisition by Vaidyanathan Shankarraman and his associates a couple of weeks ago. Shankarraman and his associates acquired Quintegra by buying out 31.5 per cent of the paid-up capital, including shares acquired through an open offer to the public. Upon successful completion of the open offer formalities on 28 December 2005, V. Shankarraman, who comes with a decade of experience in various capacities such as finance, accounts and international banking, joined the board of Quintegra as its chairman and managing director. Here are various press clippings highlighting the deal.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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28 November 2005

Highlights of press releases on Quintegra's SRMC contract

As a follow-up to the news on Quintegra's tie-up with SRMC, here are various press clippings highlighting the deal.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra’s software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's National Stock Exchange (NSE) under the symbol QUINTEGRA. For additional information browse through our website at www.quintegrasolutions.com.

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09 November 2005

Quintegra forms subsidiary in Kuala Lumpur, Malaysia, for expansion

Quintegra has reached another milestone through the formation of a subsidiary by name Quintegra Solutions (M) Sdn. Bhd., in Malaysia to expand its business operations. The subsidiary is based out of Kuala Lumpur. Malaysia is a key market in the Asia-Pacific region. Quintegra, with its high-caliber work force and proven capabilities in IT services and consulting across the globe, will add tremendous value to Malaysian and other South-East Asian corporations through the subsidiary.

About Quintegra Solutions
Quintegra Solutions Ltd, a global IT services and consulting company, is one of India’s leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, India, Malaysia and Singapore, with development centers in Chennai & Bangalore, India and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on variou