October 31, 2007

IQMS Software strategic alliance

IQMS Software Ltd has announced that as a part of its business restructuring and strengthening process has decided to enter into a strategic alliance with Object Xperts Inc, USA.

Object Xperts Inc. a corporation organized under the laws of the State of New Jersey and having its principal place of business located at New Jersey. It was established in 1995 by seasoned IT Professionals.

The primary Business is IT Services & IT Consulting, Project Development and IT Resources Management. Object Xperts mc, specializes in the Financial Services industry.

From 1995 to 2000 the Company had a fast growth in its revenues and in the year 2000, the Company sold its some of the Accounts to ICICI InfoTech , U.S.A (now called 3i InfoTech).

After successful demonstration of pedigree with the kind of capabilities that the Company possesses, the Company has remodeled its business verticals and has been showing a steady growth trend since then on stand-alone basis.

Some of the clients to whom Object Xperts Inc has served include "Dow Jones, Merrill Lynch, Home Insurance Company and Pfizer".

The Company under a stratetegic alliance intends to pursue offshore activities and also collaborate with the Company for on-site project jobs. The nature of strategic alliance involves the presence of an off-shore and to market for projects in the BPO area. Overall the strategic alliance is expected to endeavor for revenue of USD 3 M during 2007-08.

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