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Systems America Acquires CollectiveGain, Inc.: Enhances Industry Focused SAP Capabilities
CAMPBELL, Calif. and SAN RAMON, Calif., Aug. 24 -- Systems America, Inc. (Pink Sheets: SMAR), a premier provider of business process outsourcing and information technology solutions, announced today that it has acquired CollectiveGain, Inc., provider of end-to-end Business Intelligence consulting for enterprise applications.
Systems America will leverage this acquisition to increase its stronghold as a leading provider of SAP-based solutions, and solidify its market position with FORTUNE 1000 and mid-market companies. CollectiveGain's services include SAP and Oracle Business Intelligence consulting services and specialize in the areas of ERP and Business Intelligence/Data Warehousing for vertical segments including information technology, finance and accounting, human resources, engineering, pharmaceutical, health care, and scientific. Systems America will also leverage CollectiveGain's client base to further enhance its BPO offerings and offshore-based consulting services specific to SAP and Oracle solutions.
"The acquisition of CollectiveGain furthers Systems America's ability to offer cost-effective, end-to-end IT outsourcing to the rapidly expanding mid-market," said Adesh Tyagi, Chief Executive Officer of Systems America, Inc. "By augmenting our existing SAP and Oracle solutions with advanced systems integration, strategic consulting, onshore & offshore custom application development, and robust hosting capabilities, we will enhance our position as a comprehensive provider of SAP and Oracle services across numerous markets."
Adesh Tyagi also cited CollectiveGain's strong relationship with clients as a deciding factor in the acquisition. Systems America will build on CollectiveGain's success in shaping what is considered SAP's most responsive and resourceful consulting alliance.
"CollectiveGain, as part of Systems America is committed to expanding the market for SAP and Oracle services. Systems America's and CollectiveGain's combined services, clients, and affiliation with SAP and Oracle have created a solid foundation for Systems America to offer a full spectrum of SAP solutions that will generate ongoing opportunities with existing customers and success in new markets," said Dhiraj Kumar, President of CollectiveGain. "The addition of our client base and employees will help Systems America build upon its already growing reputation in SAP, and broaden its overall capabilities as a pioneer in IT outsourcing."
About Systems America
Systems America is a premier provider of diversified business process and information technology outsourcing solutions to commercial and government clients worldwide. We are ranked one of the fastest growing companies with multiple locations around the world. It began when a group of extraordinary operations and information technology professionals formed a company dedicated to fulfilling client needs. From a single financial industry client, Systems America expanded into the energy, financial, government, health care, retail, and travel industries. Today, Systems America delivers superior business process outsourcing, information technology outsourcing, and systems and integration services to hundreds of clients worldwide. Building on a core competency of efficient technology infrastructure outsourcing, the company, headquartered in Campbell, California, United States now supports operations in nearly 20 countries. For additional information about Systems America, please visit http://www.systemsamerica.com.
About CollectiveGain
CollectiveGain, Inc. is a global IT solutions and services company that offers SAP and Oracle solutions in ERP, CRM, BI, SCM, SEM, SRM and Enterprise Portals, among others, with an emphasis on NetWeaver and emerging technologies. Systech has offices across the U.S. and development centers in San Ramon, India. For additional information about Systems America, please visit http://www.collectivegain.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Contact:
Adesh Tyagi, President/CEO
(408) 879-2600
Source: Systems America, Inc.
CONTACT: Adesh Tyagi, President/CEO of Systems America, Inc.,
+1-408-879-2600
Web Site: http://www.systemsamerica.com/
http://www.collectivegain.com/
Systems America Acquires CollectiveGain, Inc.: Enhances Industry Focused SAP Capabilities
CAMPBELL, Calif. and SAN RAMON, Calif., Aug. 24 -- Systems America, Inc. (Pink Sheets: SMAR), a premier provider of business process outsourcing and information technology solutions, announced today that it has acquired CollectiveGain, Inc., provider of end-to-end Business Intelligence consulting for enterprise applications.
Systems America will leverage this acquisition to increase its stronghold as a leading provider of SAP-based solutions, and solidify its market position with FORTUNE 1000 and mid-market companies. CollectiveGain's services include SAP and Oracle Business Intelligence consulting services and specialize in the areas of ERP and Business Intelligence/Data Warehousing for vertical segments including information technology, finance and accounting, human resources, engineering, pharmaceutical, health care, and scientific. Systems America will also leverage CollectiveGain's client base to further enhance its BPO offerings and offshore-based consulting services specific to SAP and Oracle solutions.
"The acquisition of CollectiveGain furthers Systems America's ability to offer cost-effective, end-to-end IT outsourcing to the rapidly expanding mid-market," said Adesh Tyagi, Chief Executive Officer of Systems America, Inc. "By augmenting our existing SAP and Oracle solutions with advanced systems integration, strategic consulting, onshore & offshore custom application development, and robust hosting capabilities, we will enhance our position as a comprehensive provider of SAP and Oracle services across numerous markets."
Adesh Tyagi also cited CollectiveGain's strong relationship with clients as a deciding factor in the acquisition. Systems America will build on CollectiveGain's success in shaping what is considered SAP's most responsive and resourceful consulting alliance.
"CollectiveGain, as part of Systems America is committed to expanding the market for SAP and Oracle services. Systems America's and CollectiveGain's combined services, clients, and affiliation with SAP and Oracle have created a solid foundation for Systems America to offer a full spectrum of SAP solutions that will generate ongoing opportunities with existing customers and success in new markets," said Dhiraj Kumar, President of CollectiveGain. "The addition of our client base and employees will help Systems America build upon its already growing reputation in SAP, and broaden its overall capabilities as a pioneer in IT outsourcing."
About Systems America
Systems America is a premier provider of diversified business process and information technology outsourcing solutions to commercial and government clients worldwide. We are ranked one of the fastest growing companies with multiple locations around the world. It began when a group of extraordinary operations and information technology professionals formed a company dedicated to fulfilling client needs. From a single financial industry client, Systems America expanded into the energy, financial, government, health care, retail, and travel industries. Today, Systems America delivers superior business process outsourcing, information technology outsourcing, and systems and integration services to hundreds of clients worldwide. Building on a core competency of efficient technology infrastructure outsourcing, the company, headquartered in Campbell, California, United States now supports operations in nearly 20 countries. For additional information about Systems America, please visit http://www.systemsamerica.com.
About CollectiveGain
CollectiveGain, Inc. is a global IT solutions and services company that offers SAP and Oracle solutions in ERP, CRM, BI, SCM, SEM, SRM and Enterprise Portals, among others, with an emphasis on NetWeaver and emerging technologies. Systech has offices across the U.S. and development centers in San Ramon, India. For additional information about Systems America, please visit http://www.collectivegain.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Contact:
Adesh Tyagi, President/CEO
(408) 879-2600
Source: Systems America, Inc.
CONTACT: Adesh Tyagi, President/CEO of Systems America, Inc.,
+1-408-879-2600
Web Site: http://www.systemsamerica.com/
http://www.collectivegain.com/