SOURCE: Kovair Software, Inc.

October 09, 2006 18:47 ET

Kovair Software Expands Its Market Reach to South America

MILPITAS, CA -- (MARKET WIRE) -- October 9, 2006 -- Kovair Software, Inc. today announced that Argentina-based ACCION POINT S.A. has signed an agreement to use Kovair Global Lifecycle for their CMMI initiative implementing Application Lifecycle Management solutions for distributed software development.

"Kovair Global Lifecycle provides an industry leading single repository Application Lifecycle Management solution," said Kovair Vice President of Sales, Shyamal Chaudhury. "With the help of Kovair Global Lifecycle's 100% browser-based interface ACCION POINT will be able to streamline and automate their development processes among their offices and their customer base all over South America."

"We intend to use the power of Kovair Global Lifecycle's Lifecycle management capability as well as its superior Workflow technology to implement ACCION POINT's Enterprise wide CMMI program covering our Southern Cone operations," said ACCION POINT's CEO, Ricci Marcelo.

Kovair Software, Inc.'s flagship product, Kovair Global Lifecycle, is a feature-rich, configurable global development and integration platform that offers a complete set of integrated tools and processes for managing the entire application lifecycle. Architected with a common user interface and a single shared repository to ease the complexities of "any time, anywhere" development, Kovair Global Lifecycle has been adopted rapidly in market sectors where there is a critical need for automated workflow and reliable, predictable application lifecycle management processes.

About Kovair Software, Inc.

Kovair Software, Inc. is the innovation leader in global application lifecycle management solutions, supporting globally distributed application development and management of offshore outsourcing. With adaptive workflow and highly configurable process management, Kovair solutions are designed from the ground up as an integrated web-based platform enabling anytime, anywhere access. Founded in 1999, Kovair Software has offices in Silicon Valley, California and Kolkata, India, and employs its own unique software products to manage its globally distributed software development operations.

For more information, visit www.kovair.com or call 408-262-0200 x2007.

About ACCION POINT S.A.

ACCION POINT is an Argentina-based company specialized in the configuration and implementation of Information Technology Tools and Solutions. It's been providing effective solutions to its customers for more than 15 years.

ACCION POINT is GeneXus Master Distributor in Argentina. GeneXus is a powerful, multi-platform software design and development tool that enables truly incremental development of business critical applications. It has a community of more than 1.200 developers just in Argentina. ACCION POINT also distributes Bantotal, a GeneXus developed banking core solution.

Some of their customers are: Scania, Berkley, Banco Banex-Supervielle, Banco Patagonia, Sodexho Pass, DHL, BICE, Cervecería y Maltería Quilmes, Fiat Auto Argentina, Milkaut, Nuevo Central Argentino, Páginas Doradas, Sancor Coop. Unidas Ltda.

For more information, visit: www.accionpoint.com or call +54-11-4021-7600

Kovair and the Kovair logo are registered trademarks of Kovair Software, Inc. Kovair Global Lifecycle is a trademark of Kovair Software, Inc. All other trademarks are the property of their respective owners.

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