Nucleus Software Joins hands with Trilobita to Expand Reach in Hungary
Partnership enables Nucleus Software to promote products and facilitate world class solutions to the Banks in East European region
(firmenpresse) - India, New Delhi, April 4, 2011: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global provider of software products for banks and financial institutions today announced its partnership with Trilobita Informatics, a leading provider of custom developed business solutions to corporate clients. This collaboration will enable Nucleus Software to strengthen the reach of its products and services to the Banking and Financial industry of Hungary.
Trilobita will be the sales and implementation partner of the company and will also offer the first level of support to Nucleus’ customers in the region. Trilobita has an existing customer base in the Banking Industry of Hungary and have many ongoing as well as implemented projects at some of the biggest banks of the region.
Zsolt Koltai, Chief Executive Officer, Trilobita Informatics said, “We are pleased to be chosen as a channel partner by Nucleus Software. Trilobita looks forward to introduce and promote the company offerings in the Hungarian market and thereby facilitate world class solutions to the Banks in the region. We look forward to a long and fruitful relationship with Nucleus Software.”
Niraj Vedwa, Chief Operating Officer, Nucleus Software said, “We are glad to partner with Trilobita Informatics, a well-known brand name in the Hungarian corporate sector. Europe has always been a key market for Nucleus Software and has offered great opportunities for company’s products. Under this mutually beneficial partnership, Trilobita will not only endorse Nucleus products but will also act as our implementation partner. We also look forward to leverage their local knowledge and experience specific to Hungarian market.”
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About Nucleus Software Export Limited:
Nucleus Software is a leading software powerhouse providing innovative and pioneering software solutions for Banks and Financial organizations globally. Nucleus Software offers a host of competitive IT solutions and consultancy services designed to support the whole spectrum of business offerings across retail banking, corporate banking, cards and cash management. With over 150 customers across the globe, the company is consistently innovating with cutting edge and industry driven products in the domain. Nucleus Software is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit www.nucleussoftware.com
About Trilobita:
Trilobita Informatics was founded in 1997 and is based in Budapest, Hungary. In the last 13 years Trilobita has implemented more than 150 custom developed systems in Hungarian and international projects for customers like Procter&Gamble, TV2 (ProSiebenSat.1 Group), RTL Klub and Unicredit Bank.
In the project implementations Trilobita supports its customers even from the very first formulation of their business requirements using technologies from Oracle, HP and IBM. The banking sector is a key business field to Trilobita Informatics and together with Nucleus Software as partner and its leading banking software solutions, Trilobita will be able to serve its banking customers with a broader and specialized portfolio.
Safe Harbor:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, our ability to successfully implement our strategy, our research and development efforts, changes in the value of the Rupee and other currency changes, intense competition in IT and consulting services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Nucleus may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Board of India, Stock Exchange and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
For further information, please contact:
Diana Wagner
Trilobita Informatics Excl. Co.
Phone: +36 1 220 6458
Email: diana.wagner(at)trilobita.hu
Shruti Bhargava
Nucleus Software Exports Limited
Phone: +91 – 120 – 4031400
Mobile: +91 – 9990340977
Email: shruti.bhargava(at)nucleussoftware.com
Datum: 03.04.2011 - 14:45 Uhr
Sprache: Deutsch
News-ID 1022618
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