SOURCE: Symphony Services

Symphony Services

July 20, 2011 08:30 ET

Nuwaris, Inc. Selects Symphony Services to Develop First Generation Consumer Product Licensing Platform

PALO ALTO, CA--(Marketwire - Jul 20, 2011) - Symphony Services, the leader in global product engineering services, today announced it has signed Nüwaris as a client. Nüwaris is developing and launching a platform that will manage the entire consumer product licensing supply chain and has partnered with Symphony Services to engineer it.

Nüwaris appointed Symphony Services because of the depth and breadth of Symphony's expertise in the Product Development Lifecycle (PDLC), as well as its capabilities in bringing end-to-end solutions to market. Symphony Services developed a solution for Nüwaris by leveraging the Agile model and by providing a scalable, robust team to drive an aggressive ramp-up -- key requirements for Nüwaris. The company is leveraging Symphony's PDLC services for continued support across architecture design, product management, platform modernization, and quality engineering.

"After a thorough evaluation of major engineering services partners, we ultimately selected Symphony because of its long and successful history of engineering complex, highly scalable and strongly differentiated enterprise software solutions, using the latest trends in technology," said Arun Seetharaman, Chief Technology Officer, Nüwaris. "Symphony's commitment to delivering against agreed-upon outcomes -- combined with its legacy of strong coordination with in-house R&D talent -- will prove essential to meeting our very aggressive development goals."

According to Sanjay Dhawan, President and Chief Executive Officer, Symphony Services, "Welcoming Nüwaris to our fast-growing roster of global clients is especially exciting given the company's clear vision for innovation within the supply chain technology sector and our proven expertise in delivering complete, end-to-end software design, engineering and ongoing management. We're looking forward to a long and successful working relationship with the company."

About Symphony Services
Symphony Services is a leader in software product engineering services. The company's innovative Engineering Outcome Certainty™ engagement model offers a strict metrics-driven approach, ensuring complete alignment with clients' business objectives. This methodology is proven to help clients achieve a range of goals, from improving product line revenue to raising client satisfaction, increasing product innovations and reducing time-to-market.

The company's employees globally support over 1,200 product releases annually, helping clients drive unparalleled innovation while bringing predictability to costs, schedules and quality of the outsourced engineering process. Symphony Services' capabilities across the full Product Development Lifecycle maximize the ROI for client engineering organizations while delivering market-leading products in Telecom, Healthcare, Energy, Automotive, Consumer Electronics, Financial Services and Internet Commerce.

Symphony Services is headquartered in Palo Alto, Calif., with facilities in North America, India, Europe and China. For more information, please visit www.symphonysv.com.

About Nüwaris
Nüwaris, Inc. is the first Enterprise-scale provider of On-demand Intellectual Property Management software targeted at the Consumer Products Licensing industry that allows organizations to efficiently manage and license Intellectual Property assets. Nüwaris, Inc.'s Enterprise Consumer Products Licensing Platform (CPLM™) Platform addresses the growing need to streamline the Intellectual Property value chain for medium-sized businesses and large, multi-national corporations. The Nüwaris platform automates key business processes from sales and sales administration through royalty collection and statement processing. The Nüwaris platform provides an end-to-end licensing solution for licensors, licensees and licensing agencies and includes Intellectual Property, Deals Administration and Amendments, Availability Reporting, Revenue Recognition, Royalties Reconciliation and statement processing and Business Performance Management applications. The Software-as-a-Service deployment model ensures that organizations can realize the benefits of a complete life-cycle management solution with minimal upfront investment and reduced overall total cost of ownership.

Nüwaris, Inc. is headquartered in Austin, Texas with offices in North America and Europe.

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