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NewswireToday - /newswire/ -
New Delhi, Delhi, India, 05/10/2006 - Visesh Infotecnics Limited today announced that its US-based Joint Venture for Knowledge Process Outsourcing & BPO Services - "Cyberworks Visesh LLC", has been awarded a contract by UK-based SMH Marketing Ltd. for its BPO requirements.
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It may be recalled that Visesh had announced its KPO JV on the 8th of October, 2005 with Cyberworks Software Inc. (CSI) headquartered in Cleveland USA, a high-end IT contract consulting services Company catering to the specialized needs of several Fortune 1000 companies in America. The two Companies had agreed to work together, through a new Joint Venture Company established in USA, as “Cyberworks Visesh LLC”, which is owned 50% each by Cyberworks & Visesh. This new entity, combined the ISO certified infrastructure and management of Delhi-based, Visesh Infotecnics Ltd, one of India’s fastest growing publicly traded technology companies with the resources of Cyberworks Software Inc, a US based corporation and leading edge 21 year old technology company. The first contract bagged by this JV was a $20 million contract from the US-based Fortune 500 Company, EchoStar Communications Corporation.
Commenting on the development, Mr. Sanjiv Bhavnani, CEO & Managing Director of Visesh Infotecnics said, "We are excited about this new contract, as it is our maiden entry into the UK market and helps leverage the infrastructure that we have built for our KPO division operating under the name, V-Connect. We are starting order fulfillment though a second shift from our Gurgaon-based Call Centre, initially with 65 seats which will be ramped-up to 200 seats over a period of four months."
Mr. Burhanpurkar, CEO of Cyberworks Software Inc stated that this marks an important initial entry into a key market for Cyberworks Visesh which will lead to rapid geographical penetration.
About Cyberworks Software Inc (Cleveland, Ohio)
Cyberworks provides consulting services to mid to large size corporations in the USA, Canada, Europe and Japan in the fields of Business Intelligence, Mobile Enterprise Applications, Enterprise Solutions, Systems Programming, and Quality Assurance Testing.
About Visesh Infotecnics Ltd (New Delhi, India)
Starting its operations in 1989, Visesh Infotecnics Ltd. (VIL) is a Delhi-based public company listed on the National Stock Exchange and the Mumbai Stock Exchange. Software development processes at Visesh conform to ISO 9001:2000 Standards. The company currently has operations in India, Singapore and Thailand and has catered to the requirements of over 1000 customers globally.
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