Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - INTELLIGROUP INC | intelligroup_8k.htm |
Exhibit
99.1
Intelligroup announces registration of Intelligroup
Saudi Arabia Co. Ltd, a
JV between Intelligroup and Al Tamimi group.
JV between Intelligroup and Al Tamimi group.
Princeton, NJ – May 3, 2010 Intelligroup,
Inc., (OTC BB: ITIG) a global ERP and extended ERP services company, today
announced that they have received certificate of registration for a new joint
venture company called Intelligroup Saudi Arabia Co. Ltd , a Joint Venture
between Intelligroup and Al Tamimi Group, a large and very well respected
business group in Saudi Arabia. This joint venture would serve customers in
Saudi Arabia to provide ERP and end-to-end IT Outsourcing services including new
implementations, upgrades, global rollouts, process integration, application and
infrastructure outsourcing and Business Process Outsourcing to Saudi customers.
The partners are in the process of finalizing the final terms of the joint
venture agreement and also in building local teams and expertise for pre-sales,
sales and delivery.
According to Vikram Gulati, CEO and President
of Intelligroup, "Tamimi Group's extensive presence and network in Saudi Arabia
and other Middle East countries gives Intelligroup a platform to enhance our
market presence and deliver our services in this fast growing region.
Intelligroup has already won customers and implemented ERP projects in the
Middle East and this partnership will act us a catalyst to grow our business in
this important region. We are very excited about this partnership".
"Al Tamimi is pleased to have Intelligroup as
a new partner in this joint venture," said Tariq Al Tamimi, Chairman of Al
Tamimi Group. "Intelligroup will provide global industry experience and
technical delivery expertise in the enterprise application space that will
benefit both customers and employees. Tamimi-Intelligroup is expected to provide
the Middle-East market with leading technology and customer support in
cooperation with Intelligroup’s Global Leadership in ERP market. We look forward
to a fruitful future collaboration."
About Tamimi Group
TAMIMI GROUP today
harnesses the very broad range of skills and talents of over 9000 people of some
28 different nationalities, distributed throughout several dozen companies
engaged in highly diversified activities. The TAMIMI GROUP, which consists of
some 30 companies or divisions, Is wholly owned Saudi Arabian entity, with its
head office in Damam and regional offices in all major cities of the Kingdom of
Saudi Arabia as well as in Bahrain, Qatar, Kuwait and UAE.
The highly
diversified Group is one of the leading organizations in the kingdom with such
varying activities as: Pipeline & Electro mechanical construction,
Thrustboring construction, Transportation, Catering &life support, Services,
Operations &Maintenance, Supermarkets, Real Estate, Commercial and
Industrial trading, Chemical and Oilfield Chemicals manufacturing, Power
generation manufacturing, Technical and logistical Support Services, Electrical
Transmission Line Construction, Corrosion inhibition, Tape Manufacturing, Tire
Retreading, Insulation, Fabrication, Hotel operations, Laundry operations,
Integrated Unified instrumentation&Safety Control systems
Website: http://www.al-tamimi.com/about.html
About Intelligroup
Intelligroup is an
ERP-focused enterprise applications systems integrator providing consulting,
implementation, testing, application management, infrastructure management, and
other IT services for global corporations. The Company possesses deep expertise
and proprietary tools in industry-specific enterprise solutions and has been
recognized by clients, partners including SAP and Oracle and IT industry
analysts for consistently exceeding expectations. Intelligroup won the 2009
global annual Pinnacle Award from SAP, was a finalist in Oracle 2009 Titan
Awards, and was recognized by NASSCOM as a Top 100 Innovator. Intelligroup’s
global service delivery model combines onsite teams and offshore development
capabilities to deliver solutions that accelerate results, reduce costs and
generate meaningful ROI for clients.
For more information
please visit our site www.intelligroup.com
For more information,
please contact:
| MARKETING CONTACT: | INVESTOR CONTACTS: |
| Pat Gray | Norberto Aja, David Collins |
| Intelligroup Inc. | Jaffoni & Collins |
| Incorporated | (212) 835-8500 |
| 646-810-7405 | itig@jcir.co |