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Innova Solutions Announces Successful Development of Advanced Product Lifecycle Management Software.

Publication: Business Wire
Date:Monday, July 22 2002

Business Editors & High Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--July 22, 2002

Innova Solutions, a Global IT services and solutions provider, today announced that it has successfully completed a large-scale contract for Novare Software Inc. to provide dedicated development support for Novare's new enterprise-class Product Lifecycle Management (PLM) solution. In accordance with the terms of their development support agreement, Innova leveraged its onsite/offshore capabilities and delivered a significant cost-savings to Novare. According to a January, 2002 report by analyst firm Gartner, more and more companies are looking for ways to shift spending to outsourcing based on a desire to reduce current costs, speed time to market, and focus on their own core competencies while outsourcing the rest.

Novare, a leading worldwide supplier of PLM solutions to Global 2000 companies, chose Innova Solutions based on its engineering expertise, proven development methodology, commitment to quality, and excellent track record on past projects. Innova was a significant participant in the development of Novare's N3 product, an Internet-based, real-time Product Lifecycle Management solution that uses business rules and intelligence to define relevant information that supports performance tuning, strategic planning and financial growth for businesses. Innova's understanding of PLM and Novare's business needs, as well as Innova's unique solution development methodology called URAD (User-centric Rapid Application Development) ensured significant development time savings for this new project, based on Novare's desired product specifications.

"Innova effectively delivered on our earlier project collaboration and they successfully delivered again on our newest generation product," said Les McNeill, president and CEO of Novare. "We benefited greatly from the relationship with Innova in terms of enhanced product functionality and reduced development time and costs," stated McNeill.

"We are very excited with the results we provided to Novare for its new enterprise-class PLM solution," said Rich Marino, Chief Strategy Officer of Innova. "We believe this solution will revolutionize product lifecycle management for today's Global 2000 enterprises. Besides being a fully committed engineering partner, we are enthusiastic about deploying the solution internally at Innova," stated Marino.

About Innova Solutions

Innova Solutions, a Global IT services and solutions company, provides integration, strategic outsourcing, and specific client engineering support across a wide range of industries. The Company enables customers to quickly adapt new technologies to their business advantage by using Innova's unique, "rapid time-to-market" approach. With operations in North America, Singapore, Australia and India, Innova Solutions develops and deploys cost-effective, value-added solutions for a distinguished list of customers worldwide. For more information about Innova Solutions, visit www.innova-usa.com, or contact our sales department at 408/980-8646, extension 310.

All Company names, terms and marks mentioned in this document are property of their respective holders.

SOURCE: Innova Solutions

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