June 20, 2007 - Bangalore, India — MindTree Consulting Limited
The CoE will serve as a technology incubation hub for MindTree’s customers.
Bangalore, India - June 20, 2007 - MindTree Consulting Limited, an international IT and R&D Services Company, today announced its strategic alliance with Borland Software India Private Limited, a subsidiary of Borland Software Corporation (NASDAQ: BORL, www.borland.com), the global leader in Open Application Lifecycle Management (ALM), to launch state-of–the-art Centre of Excellence (CoE) in India. As part of this alliance, MindTree and Borland will jointly set up the next generation software testing CoE lab at the MindTree development center in Bangalore.
The CoE will serve as a technology incubation hub and provide training, evaluation software, online learning, technical seminars and solution demonstration to Testing professionals at MindTree Consulting. It will be fully operational by June 30, 2007.
MindTree Consulting President and Chief Executive Officer, IT Services, Krishnakumar Natarajan said, “The Borland Testing CoE at MindTree development center in Bangalore will help our customers rely on industry leading solutions for their performance testing and test automation needs.”
MindTree Consulting President and Chief Executive Officer, R&D Services, Janakiraman S said, “As many technology products now require test automation and performance testing using third party tools, the COE will enable us to offer faster time to market testing solutions to our R&D Services customers.”
MindTree provides Independent Testing Solutions to its IT Services and R&D Services customers. The solutions include Test Strategy Consulting, Functional Testing, Test Automation and Performance Testing. The combination of frameworks, industry leading tools & infrastructure and domain-experienced professionals has helped our customers reduce time to market and drive higher quality. MindTree’s Testing Practice has set up dedicated offshore Testing CoEs for many of its customers.
Commenting on the partnership, Borland Software Vice President of Strategic Accounts Dave Martin said, “The CoE lab at MindTree would feature award-winning solutions from Borland that enable global organizations to deliver high-quality software in a predictable manner. The facility will also represent an active “proof of concept” for Borland’s Open ALM approach, supporting quality testing practices across multiple platforms, tools and processes.”
Borland Software India Pvt Ltd. Managing Director, SAARC Region, Satyen Parikh also pointed out that this facility would allow MindTree, its customers and partners to demonstrate, cost-effectively pilot and evaluate Borland Lifecycle Quality solutions, product integrations and implementations.
Founded in 1999, MindTree Consulting is an international IT and R&D services company with development centers in India and the U.S. The Company provides end-to-end project execution through OneShore™, a hybrid delivery model.
MindTree has grown to a team of over 4,400 professionals, and offers IT services in application development and maintenance, business intelligence solutions, ERP and supply chain management, testing, Mainframe and iSeries support and enhancement. MindTree also provides R&D Services in the areas of product and semiconductor design, operating systems, protocol engineering, embedded applications, product testing and licensing of intellectual property.
In 2006, MindTree was a recipient of the MAKE award for excellence in the area of Knowledge Management, and was named the leading service provider in the “Human Capital Development” category by Global Services magazine. In 2007, MindTree has been rated among the world’s top 100 outsourcing service providers by the International Association of Outsourcing Professionals. MindTree has consistently been chosen as one of the best employers in several independent surveys during the last three years. For more information, please visit www.mindtree.com
Founded in 1983, Borland (NASDQAQ: BORL) is a global leader in application lifecycle management (ALM), providing solutions that make software delivery a more manageable, efficient and predictable business process. Borland provides the software, services and training that enable companies to achieve Software Delivery Optimization and maximize the business value of software. To learn more about delivering quality software, on time and within budget, visit http://www.borland.com .
Borland and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation or its subsidiaries in the United States and other countries. All other marks are the property of their respective owners.
This release contains "forward-looking statements" as defined under the U.S. Federal Securities Laws, including the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited to, the features available in, and the potential benefits to be derived from, Borland products and solutions, and the release dates, plans and market acceptance of such products and solutions, including the Borland Silk product line. Such forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: rapid technological change that can adversely affect the demand for Borland products, shifts in customer demand, shifts in strategic relationships, delays in Borland's ability to deliver its products and services, software errors or announcements by competitors. These and other risks may be detailed from time to time in Borland periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K and its latest Quarterly Report on Form 10-Q, copies of which may be obtained from www.sec.gov . Borland is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release.