ISG NovaSoft Signs Strategic Partnership With SAP® India

Business Wire, Dec 1, 2005

NEW DELHI, India -- ISG NovaSoft (ISGN), a global Enterprise Application Management and Outsourced Product Development company, part of the US $2 Billion K.K.Birla group has entered into a strategic alliance with SAP(R) India to leverage the capabilities of SAP NetWeaver(R), mySAP? ERP and mySAP? Business Suite in its focus areas of discrete and continuous manufacturing companies in large and mid market segments.

The partnership comes at an opportune time when Indian companies are integrating into the world economy and adapting IT solutions to have an edge in the current competitive business scenario. With this partnership, ISGN will intensify its presence in the Indian market and further strengthen its position in the above mentioned industry segments.

"We are excited to announce our partnership with SAP(R) India. ISGN has been providing services around SAP solutions for the last 8 years and understands what it takes to realize the full advantage of SAP's software capabilities. We are confident, that this partnership will further enhance ISGN's unique positioning in the industry as a service provider with deep domain expertise , which is the need of the Indian market today, coupled with technologically superior software," said Krishna Srinivasan, Chief Executive Officer, ISG NovaSoft.

Commenting on the tie up Mr. Alan Sedghi, President & CEO, SAP South Asia said, "To reap the benefits of a fast growing Indian economy and thrive in this highly competitive market, organizations are looking at technology solutions as a key enabler. We are happy to work with ISGN, part of one of India's leading conglomerates; the K.K.Birla group in the Indian market and leverage their deep domain expertise and business consulting skills for enabling SAP Solution deployments for our joint customers."

SAP is the world's leading provider of business software solutions. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, mySAP? Business Suite solutions are helping enterprises around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 29 industry segments, including high tech, retail, public sector and financial services. ISGN has domain expertise in providing consulting services, system integration services, and support for evaluation, implementation and continuous improvement. ISGN focuses on driving rapid, focused SAP(R) deployment that scales through integration and on-going maintenance and support.

About ISG NovaSoft

ISG NovaSoft (ISGN) is an enterprise software products and services company providing value driven business solutions to customers worldwide. ISGN has over 12 years of industry experience and a network of over 350 skilled professionals.

ISGN is head quartered in Chennai, India and is part of the K. K. Birla group, a leading industrial group in India with annual sales of over US $2 billion. ISGN has three core business lines -- Application Management Outsourcing (AMO), Outsourced Software Product Development (OPD), and Enterprise Risk Management (Compliance solutions for SOX, Reg AB, Clause 49) -- which are supported by a strong consulting services experience on SAP(R) for Global 2000 companies worldwide. It has support offices in the US, EU and Asia Pacific.

ISGN has significant vertical domain expertise in Manufacturing, Banking & Financial Services, and Software Development. The core and supporting business lines for the ISGN portfolio is linked by a common theme of effective outsourcing of enterprise applications with relevant functional expertise and delivery capability. For further Information on ISG NovaSoft log on to www.isgnovasoft.com.