Wednesday, January 28, 2009

IT Consulting Firm Neoris Reports Significant Increase in its International Business

Neoris, a proven leader in business and IT consulting in Latin America, today announced that its international division has grown over 25% in 2008 fueled by significant new client wins and an expanded presence in the US, Europe and Middle East/Africa.

During the year, Neoris secured several key contracts with major companies
in these geographies including:

-- A multi-year contract to develop, implement and run, on a 5-year
outsourcing mode, all IT systems and operations for a major European virtual
network operator. Deployment will take place in both Spain and France.

-- The deployment of a state of the art human resources system for two
Comunidades Autonomas in Spain.

-- Key business consulting engagement for one of the largest
telecommunication operators in the Middle East.

-- Nearshore outsourcing services for one of the largest US based
semiconductor manufacturers.

-- An expanded e-commerce software development and support for a large
home improvement retailer in the US.

In 2008, Neoris was ranked among the Top 10 Best Performing IT Service
Providers in the Global Services 100 and made it to the Top 50 list of Best
Managed Global Outsourcing Vendors published by Brown & Wilson, in a ranking
that is based strictly on responses from client surveys.

Neoris achieved several milestones with SAP throughout the year:

SAP AG awarded Neoris' ActiveSuite(TM) Direct Store Delivery solution with
its Powered by SAP NetWeaver status. Neoris was also recognized with the
Strategic Reference Award for its work managing a MDM implementation for one
of the leading companies in the world serving the automotive and construction
industries. Neoris also received the ASUG Impact Award for a MII integration
project for one of the largest fertilizer companies in the world.

Industry analysts have also acknowledged Neoris for its recent
achievements. Forrester Research recognized Neoris as a "strong performer" in
a report, titled "Forrester Wave: SAP Implementation Providers", which
evaluated the top 16 global vendors.

Neoris once again ranked among Latin America's top IT consultancies.
Neoris remained in the number two spot in IT consulting and jumped to the
number two spot in Systems Integration, according to IDC research, outpacing
Latin America's overall growth.

"We continue to improve upon our core strengths and remain focused on our
client's needs," said Claudio Muruzabal, Neoris' CEO. "Even under the current
market circumstances we were able to achieve good results in terms of revenue
and also in cost reduction. This allowed us to uphold our financial
commitments to our shareholders, which will be essential to continue our
expansion in the U.S. and European markets," stated Muruzabal.

About Neoris

Neoris is a global business and IT consulting company that specializes in
nearshore outsourcing, value-added consulting, and emerging technologies.
Neoris is the largest IT consulting and systems integration company in Mexico
and the second largest in Latin America. Neoris offers systems integration,
custom application development, IT consulting, and software deployment and
support solutions. The company is a leading provider of nearshore outsourcing
services through a global delivery model leveraging six worldwide software
development centers. In 2008, Neoris was ranked among the Top 10 Best
Performing IT Service Providers in the Global Services 100. Headquartered in
Miami (FL), Neoris has operations in the US, Europe, Latin America, Africa,
and the Middle East. For more information, visit www.neoris.com.

No comments: