SOURCE: Stefanini IT Solutions

October 15, 2008 09:00 ET

Stefanini IT Solutions Continues Expansion of North American Operations

Brazil-Based IT Outsourcer Opens Offices in Canada, Plans Moves in Silicon Valley, Chicago

FORT LAUDERDALE, FL--(Marketwire - October 15, 2008) - Stefanini IT Solutions, a global provider of IT consulting, integration and development, and outsourcing services, announced today the continued expansion of its North American operations with the opening of its first location in Canada as well as plans to add locations in Silicon Valley and Chicago later this year. Stefanini, which operates in 16 countries with 35 offices on four different continents, launched its North American operations in Fort Lauderdale, Florida, in 2001. Since then, the company has added offices in Atlanta and New York to keep pace with the growth in its business.

One of Brazil's leading IT companies, Stefanini has established relationships with major U.S. companies in the automotive, consumer products, pharmaceutical, oil & gas, technology, mining and banking sector. Stefanini's founder and CEO, Marco Stefanini, is one of a select group of 10 Brazilian CEOs working with 10 representative U.S. CEOs to foster collaboration and integration between the countries through the Brazil-USA CEO Forum.

A reference for nearshore IT outsourcing and managed services, Stefanini will be attending the Gartner IT Expo in October, discussing Brazil's increasingly strategic role in the global outsourcing market and more specifically, Stefanini's contributions to Fortune 1000 and medium size companies in North America.

With a global presence, footprint, and capabilities, Stefanini enables its clients to participate in best business practices and best-of-breed developments based on its Global Application Distributed Development Model (GADD). Under this model, Stefanini can perform onshore in the U.S., while the core application can simultaneously be developed nearshore in Brazil and Latin America, with clear and timely response and scalability. In addition, for non-core applications support and maintenance, Stefanini also has offshore capabilities in India. The objective is to save clients' time and money so that they can invest it in what is core to their business.

"North America is a market that Stefanini is heavily investing and growing in," said Antonio Moreira, Stefanini's CEO of North America. "This year we have grown 70% in the U.S. as we leverage our local presence and capabilities as well as our Global Delivery Network Model. We believe that our delivery model fits well with the needs that companies are facing in Canada. While they experience growth, the market does not have enough internal resources to supply the demand. Therefore, our nearshore capabilities and high pool of internal resources are a great fit."

About Stefanini

Stefanini IT Solutions, a global leader in IT consulting, integration and development and outsourcing, offers onshore and nearshore custom application development and maintenance, ERP, and also infrastructure services. The company has 6,500 employees and more than 450 active customers across a broad spectrum of markets, including energy and utilities, insurance, manufacturing and distribution, oil and gas, financial services, and telecom. One of Brazil's leading IT companies, Stefanini IT Solutions is CMMI Level 5 and ISO 9001:2000 certified. Founded in 1987, Stefanini IT Solutions currently has operations worldwide, including North American offices in New York, Atlanta, Toronto, and Fort Lauderdale.