22 September 2011- TUV Rheinland Cert GmbH certifies (Re Certification Audit) Quintegra for ISO 9001-2008
16 November 2010 - TUV Rheinland Cert GmbH certifies Quintegra for ISO 9001:2008
16 October 2008 - Quintegra wins Export Performance Award
19 August 2008 - Quintegra's growth plans
08 August 2008 - Quintegra recommended for ISO 9001:2000 certification
23 June 2008 - Quintegra chants green mantra
05 June 2008 - Quintegra awarded ISO 27001:2005 certification
05 June 2008 - Quintegra awarded copyrights for its propreitary products
02 June 2008 - Diversification is the mantra
21 May 2008 - Quintegra assessed for ISO 27001:2005 and SCAMPI B
10 May 2008 - Quintegra targets $1 billion revenue in 3 - 5 years
25 April 2008 - Quintegra’s Consolidated Full Year Net Profit Up by 402%
24 April 2008 - Quintegra sees FY08 topline at $100 mn
21 April 2008 - Quintegra's major talent acquisition
04
March 2008 - Quintegra adds 70,000 sq ft IT space in Chennai
15
January 2008 - Quintegra enters the KPO segment
19
October 2007 - Quintegra buys US-based PAC
04
September 2007 - Quintegra aiming at Rs. 160 crore sales
30
July 2007 - Quintegra's Q1 net profits zoom by 376%
05
July 2007 - Quintegra to list on Bombay Stock Exchange (BSE)
04
July 2007 - Quintegra to expand its presence in Europe using the inorganic route
10
May 2007 - Quintegra to spend Rs 60 cr to improve its infrastructure
06
May 2007 - Press release of Quintegra's European Plans
28
April 2007 - Press releases of Quintegra's financial results for 2006-07
22
March 2007 - Press releases of Quintegra's acquisitions
21
March 2007 - Quintegra Acquires ValleyUS, US and JadeLite Technologies, Singapore for a total of Rs. 46.50 Crores (US$ 10.5 Million)
23
November 2006 - Press clippings of Quintegra's H1 results and expansion plans
17
November 2006 - Quintegra to buy 2 foreign IT firms; plans $ 15-m FCCB
07
November 2006 - Quintegra showcases HMIS Powered by SAP NetWeaver at SAP TechEd '06 in Bangalore
29
March 2006 - Highlights of
press release on Quintegra's IT unit in Chennai
29
March 2006 - Highlights of
press release on Quintegra's pact with MTU Aero Engines
GmbH
28
March 2006 - Online articles
cover Quintegra's pact with MTU Aero Engines GmbH
28
March 2006 - Quintegra picks
up 2 US firms for $ 6 million
14
March 2006 - Online article
covers Quintegra's plans for seeking SAP companies
03
February 2006 - Online articles
cover Quintegra's Malaysia plans
02
February 2006 - Economic Times
article covers Quintegra's growth plans
25
January 2006 - Quintegra Solutions
accorded MSC status in Malaysia
23
January 2006 - Highlights of
press releases on Quintegra's Board reconstitution
28
November 2005 - Highlights of
press releases on Quintegra's SRMC contract
09
November 2005 - Quintegra forms
subsidiary in Kuala Lumpur, Malaysia, for expansion
19
September 2005 - Quintegra ties-up
with a leading Harvard Medical International associated
institution
Archive
- 2004
16 November 2010
TUV Rheinland Cert GmbH certifies Quintegra for ISO 9001:2008
We are ISO 9001:2008 certified for design, development, maintenance, testing and support of customized business application software services.
The certificate copy is provided below:
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16 October 2008
Quintegra wins Export Performance Award
Here's a snapshot of Quintegra winning the CONNECT 2008 Export Performance Award held in September. CONNECT 2008 was organized by the Electronics Corporation of Tamil Nadu (ELCOT). The award was received by Dr. Murali Subrahmanyam - Chief Operating Officer and Mr. Srinivasan K - Senior Vice President.
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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19 August 2008
Quintegra's growth plans
Here's an article from the Times of India regarding Quintegra's Chairman and Managing Director's views on Quintegra's growth plans:
Times of India (Tuesday, August 19, 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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08 August 2008
Quintegra recommended for ISO 9001:2000 certification
Quintegra Solutions Limited has been recommended for ISO 9001:2000 certification by the Lead Auditors from TUV who conducted a thorough audit of its processes in line with ISO 9001:2000 standard requirements and the implementation of the same in the projects running at Quintegra and all support functions. Quintegra has attained another milestone in terms of Quality Management System implementation.
This certification is testimony to Quintegra's demonstrated record in its ability to consistently provide offerings that meets customer and applicable regulatory requirements, and aims to enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and the assurance of conformity to customer and applicable regulatory requirements.
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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23 June 2008
Quintegra chants green mantra
thainidan.com, Yahoo! India News, India eNews, Leadership Blog and Netindia123.com have covered Quintegra's steps towards contributing to the environment. Excerpts -
For Quintegra Solutions, even an employee motivation programme is part of its pro-environment campaign. Instead of taking its employees to any picnic spot, the city-based IT services company arranged a 20-km cycle ride as a day-out programme on June 21. At 7 a.m. more than 70 employees of Quintegra assembled near the East Coast Road (ECR) toll plaza.
On the roadside, 75 cycles were lined up by TI Cycles, the cycles division of the city-based Tube Investments of India Ltd, which organised the event.
“We declare one day in a week as `no vehicles day’. Employees are expected to reach office using public transport or any other mode but not fuel-powered personal vehicles,” said Sriram Narasimhan, senior vice president (human resources) of Quintegra.
For many Quintegra employees accustomed to sitting before the computers and commuting in their own vehicles, the cycle ride initially seemed to be a strenuous exercise. “The last time I rode a cycle was eight years ago,” said Nirmala, an employee.
However, riding Hercules mountain terrain bikes and BSA racer bikes the employees happily pedalled their way enjoying the scenic view of the Bay of Bengal, farm houses and the casurina plantations. After a one-and-a-half hour ride, the employees reached the destination - Hotel Shelters Resorts. “It is really nice to have participated in this trip. Cycling to office is not a bad idea after all,” a participant said.
Ergo has also covered an article titled "Green Offices campaign launched". Excerpts -
It’s environment month and there could have been no better time to campaign for a green earth. Chennai-based Quintegra Solutions, a global IT services and consulting company, decided to go green and spread awareness through a 15 km cycle rally from the ECR toll gate. Nothing works without an incentive, so the company awarded gifts to those who cycle to office as well.
“If the temperature of the earth goes up by even 1.5 degrees, the sea level will increase by 13 meters. This will submerge half of Chennai. As I understand it, if we do not reverse the global warming by 2015, it will be too late. That is only seven years away. For the sake of our children, we need to act now,” said Shankarraman Vaidyanathan, Chairman of Quintergra, in a release.
The company has also taken other green steps by encouraging its employees to get more sensitive to environmental concerns. Keeping in mind, the threat of plastic waste, it has stopped the usage of plastic cups and has provided personalised cups. “It costs Rs. 172, 000 to process and recycle 1000 kg of plastic,” said Sriram Narasimhan, Senior Vice-President.
The company has also declared the last Friday of every month as “no parking day”, where each employee is encouraged to use public transport to work. In turn they would use the parking space for a corporate function like Quintergra Rock Band or an all-day employees’ family fair.
Apart from this, they would also allow parking of only those vehicles that have a pollution-free certificate. Quintegras has also teamed up with several petrol pumps to provide subsidised pollution checks.
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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05 June 2008
Quintegra awarded ISO 27001:2005 certification
The certificate copies are provided below:
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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05 June 2008
Quintegra awarded copyrights for its propreitary products
Quintegra has been awarded copyrights for its propreitary products. The award covers:
Flexible Real Estate Sales (HBfx©)
Hospital Management Information System (HMIS©)
EduCampus©
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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02 June 2008
Diversification is the mantra
DNA publishing has covered Quintegra's profile and future plans. Here is the clipping -
DNA (Monday, June 02, 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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21 May 2008
Quintegra assessed for ISO 27001:2005 and SCAMPI B
Quintegra has completed the Initial Assessment of ISO 27001:2005 Information Security Management System of the organization with an external agency. The assessment has been positive and the organization Information Security framework meets all requirements and elements of ISO 27001:2005 standards. ISO 27001:2005 certification has been recommended. This certification stands testimony of top management commitment to implement international best practices enhancing customer confidence and excellent team effort of Information Security Forum, Administration, Project Teams, and all other Support Departments.
On its quality journey, Quintegra has also completed its SCAMPI B assessment with an external auditor and is moving closer to become a CMMi Level 5 company.
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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10 May 2008
Quintegra targets $1 billion revenue in 3 - 5 years
Here is a press release of Quintegra's revenue plans.
The Hindu Business Line (Saturday, May 10, 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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25 April 2008
Quintegra’s Consolidated Full Year Net Profit Up by 402%
Quintegra Solutions Ltd., (NSE: Quintegra; BSE: Quintegra, Scrip Code: 532866), a
global IT and Products company, has announced its financial results for the fourth
quarter and year ended 31 March 2008.
Fourth Quarter
On a consolidated basis, the Company has recorded a top line growth of 239.54% for the Fourth quarter ended 31 March 2008. The Company’s consolidated revenue for the
Fourth Quarter ended 31 March 2008 was Rs. 104.33 Crores as against Rs. 30.72 Crores
for the corresponding period of the previous year. The Net Profit for the Company on a
consolidated basis for the Fourth Quarter ended 31 March 2008 was Rs. 5.51 Crores as
against Rs. 2.86 Crores for the same period during the previous year posting an increase
of 92.65%.
On a stand alone basis, the Company has recorded a top line growth of 47.78% for the
Fourth quarter ended 31 March 2008. The Company’s stand alone revenue for the
fourth quarter ended 31 March 2008 stood at Rs. 25.67 Crores as against Rs. 17.37
Crores for the corresponding period of the previous year. The Net Profit for the
Company on a stand alone basis for the fourth quarter ended 31 March 2008 was
Rs.2.77 Crores as against Rs. 1.99 Crores for the same period during the previous year
posting an increase of 38.64%.
Full Year 2007 – 2008
On a consolidated basis, the Company has recorded a top line growth of 406.18% for
the twelve months ended 31 March 2008. The Company’s consolidated revenue for the
twelve months ended 31 March 2008 was Rs. 390.30 Crores as against Rs. 77.10 Crores
for the corresponding period of the previous year. The Net Profit for the Company on a
consolidated basis for the twelve months ended 31 March 2008 was Rs. 35.15 Crores as
against Rs. 7 Crores for the same period during the previous year posting a whopping
increase of 402.02%.
On a stand alone basis, the Company has recorded a top line growth of 43.73% for the
year ended 31 March 2008. The Company’s stand alone revenue for the year ended 31
March 2008 stood at Rs. 90.20 Crores as against Rs. 62.75 Crores for the corresponding
period of the previous year. The Net Profit for the Company on a stand alone basis for
the year ended 31 March 2008 was Rs.12.56 Crores as against Rs. 6.64 Crores for the
same period during the previous year posting an increase of 89.09%.
Business Highlights
Mr. Shankarraman Vaidyanathan, Chairman & Managing Director, Quintegra Solutions
Limited, said “During the Quarter, we focused on integrating with our acquisitions to
realize the benefits of the acquisitions. We have initiated a methodology to move our
customers up the value chain to more profitable fixed priced projects, and with more
offshore component. We also assembled a robust and an experienced management
team that will focus on executing the rapid growth strategy that we have charted out for
ourselves”.
To execute this rapid growth, Quintegra has restructured itself under profit based
business units. This will allow a greater control over the profitability of each line of
business, facilitate the evolution of leadership at the next level and also permit nimble
and decentralized decision making to obtain the rapid growth envisaged. Quintegra has
also invested in SAP to centralize its CRM and its accounting so that it has a better view
of the organizational health as well as allow it to use the data to make more proactive
decisions.
Unlike other companies its size, Quintegra solutions has also invested in creating
products in its chosen verticals. This underlines its business knowledge of those verticals
and allows it to provide value added services in those business domains. Furthermore
this improves its revenue per employee and creates a superior ROI than projects or staff
augmentation. These products are in the process of being deployed in a SaaS model,
allowing Quintegra to also tap the high volume market for creating an additional
revenue source.
“Furthermore, we are actively looking for acquisitions in Europe to increase our
revenues from Europe and improve our client base. The experience from our previous
two acquisitions will help in looking for the right companies that are the right strategic
fit”, he added.
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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24 April 2008
Quintegra sees FY08 topline at $100 mn
Here is the press release on Quintegra's FY08 topline expectation
Business Standard (Thursday, April 24, 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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21 April 2008
Quintegra's major talent acquisition
Here are press releases of Quintegra's major talent acquisition.
The Economic Times (Monday, April 21, 2008)
The Hindu (Friday, May 23, 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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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
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)
Online Links
Business Wire India
Indiainfo.com
Myiris
Rediff
XTV World
Retail Yatra
UNI
ItVarNews
WebIndia
AndhraNews
NewKerala.com
Yahoo! India Finance
Yahoo! India News
Business Standard
Reuters
CNBC
NASDAQ
Interactive Investor
Hemscott
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
* Conversion rate 1 $ = Rs.44.25
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.
The
Hindu (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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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.
________________________________________________________________________________________
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.
_________________________________________________________________________________________
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.
_________________________________________________________________________________________
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.
The
Economic Times (Thursday, 2nd February 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.
_________________________________________________________________________________________
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.
The
Hindu (Friday, 20th January 2006)
Business
Line (Saturday, 21st January 2006)
The
Economic Times (Chennai) (Monday, 23rd January 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.
_________________________________________________________________________________________
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.
The
Economic Times (Saturday, 12th November 2005)
The
Hindu (Wednesday, 16th November 2005)
Business
Standard (Saturday, 12th November 2005)
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.
_________________________________________________________________________________________
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 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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19
September 2005
Quintegra ties-up with
a leading Harvard Medical International associated
institution
Quintegra has partnered
with Sri Ramachandra Medical College and Research
Institute (SRMC & RI), Chennai, a Harvard Medical
International associated institution providing healthcare,
medical education and research services, for developing
value-based solutions for the healthcare industry
and cross-leverage upon respective competencies.
The partnership is a result of SRMC & RI's plans
to effectively utilize information technology to
facilitate decision support and ensure effective
governance of SRMC & RI's initiatives by
leveraging upon Quintegra's expertise.
As a first
step, Quintegra shall develop a full fledged Hospital
Management and Information System (HMIS), which
shall provide state-of-the-art comprehensive views
at different levels of management and shall enable
healthcare institutes in utilizing information technology
for effectively monitoring key parameters of their
operations such as patient administration, materials
management, finance and HR. The HMIS shall also
integrate with a number of applications and databases
for providing single enterprise-level architecture.
Quintegra
has also signed a Memorandum of Understanding (MOU)
with SRMC & RI, whereby SRMC & RI will provide
consultative services, industry knowhow and expertise
to Quintegra and Quintegra, using the aforesaid
facilities, will develop information technology
and software solutions in healthcare amd medical
education.
This partnership
shall enable Quintegra to further it's expertise
in the healthcare vertical and offer value-based
solutions to clients in the domain.
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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Archive - 2004
Quintegra ranked
141 in Dataquest's Top 200 Ranking for 2003 - 04
Dataquest, the market leader
in IT Industry-based news and commentary, has ranked
Quintegra Solutions at 141 in its annual list of
DQ Top 200 Ranking for Indian IT companies.