Syntel and BEA Systems Form an Alliance to Provide E-Business Solutions
biz.yahoo.com
TROY, Mich., April 2 /PRNewswire/ -- Syntel (Nasdaq: SYNT - news), a leading e-Business and Applications Outsourcing firm today announced an alliance with BEA Systems, Inc., one of the world's leading e-Business infrastructure software companies, intended to deliver e-Business software to Global 2000 companies. In addition, Syntel has joined the BEA Star Partner Program.
Under the agreement, Syntel plans to provide implementation services for e-commerce solutions built on the BEA WebLogic® E-Business Platform, with the market-leading BEA WebLogic Server(TM). Presently, Syntel and BEA are working together to implement a BEA WebLogic-based solution for a Fortune 100 customer in the financial services industry. The relationship will enable BEA and Syntel to work together to develop highly scalable, Java-based solutions that allow businesses to design, build and run applications for enabling e-Business.
``We are pleased to add BEA's e-Business infrastructure products to Syntel's comprehensive suite of advanced technology solutions. Our integration expertise and Global Delivery Service combined with the market-leading BEA WebLogic Server platform will provide our customers with outstanding technology and service,'' said Rajiv Tandon, Syntel's Senior Vice President of North American Operations.
About Syntel
Syntel (Nasdaq: SYNT - news) is a global e-Business and applications outsourcing company that delivers real-world technology solutions to Global 2000 corporations. Syntel's portfolio of services includes e-Business development and integration, wireless solutions, data warehousing, eCRM, as well as complex application development and enterprise integration services. The company was the first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers. Syntel's 2,400 employees operate from centers in the US, Europe, and Asia. To learn more, visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Form 10-K document dated March 30, 2000. Factors that could cause results to differ materially from those set forth above include general trends and developments in the information technology industry, which is subject to rapid technological changes, and the Company's concentration of sales in a relatively small number of large customers, as well as intense competition in the information technology industry, which the Company believes will increase. |
