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Press Release

November 8, 2005

Vista International Announces Strategic Alliance With Virtusa Corporation123

New V2 initiative offers a complete range of offshore IT services for publishersVISTA International, a leading provider of software solutions and services to the publishing industry, and Virtusa Corporation, a global provider of software development and IT services , have established an alliance called V2 ('V-squared') to provide tailor made IT services specifically for the publishing industry. V2 leverages VISTA domain knowledge of publishing and Virtusa's engineering rigor and global offshore model to deliver cost effective business solutions. Key areas of service include product development and implementation, support, maintenance, quality assurance and IT infrastructure services. This new services delivery model takes advantage of global cost differentials and skills provision, three time zones, distributed teams, effective communications and years of accumulated publishing and technology best practices.

George Lossius, VISTA's executive responsible for offshore initiatives said, "Our alliance with Virtusa enables publishers of all sizes to capitalize on the offshore delivery model. By doing so they can increase the quality, bandwidth of expertise and leverage the cost of ownership advantages across the entire range of IT services".

"This partnership with VISTA is a significant milestone for Virtusa, and underlines our mission to develop IT solutions and services with world class partners on a global basis," said Dan Smith , Virtusa's President & COO.

V2 provides publishers with diverse skill sets to augment their full-time or part-time staff by calling on the 3,000+ consultants of the combined businesses. The result is high quality services at lower hourly/daily costs, managed by experts in their respective fields.

One strand of V2 specialises in publishing application development, customisation and integration, building custom software platforms and solutions for clients by integrating a client's existing IT assets, consolidating redundant software applications and taking advantage of open source and off-the-shelf software assets.

The second strand of V2 specializes in providing publishers with a diverse set of skills to augment their staff on a full-time or part-time basis. By calling on the extensive skill sets of the consultants of the combined businesses, high quality at lower hourly/daily costs can be expected.

V2 in Action

V2 is already working with several publishers and distributors on projects such as new application development, upgrading applications and functionality, ISBN-13 migration, IT workshops and infrastructure integration. A full list of services is available from VISTA International.

Worldwide Locations

V2 services are currently operational with worldwide offices in New York, Boston,Los Angeles, London, Reading, Hyderabad, Chennai, Colombo and Sydney.To find out more, visit www.vistacomp.com

About VISTA International

VISTA International is the leading worldwide provider of software solutions and services for the publishing industry. VISTA is a committed business partner to publishers, distributors and booksellers supported by our systems throughout the world. Our solutions fit all aspects of the publishing value chain, from author care through production, rights and royalties to warehouse and fulfillment - all integrated in an e-business environment, with full access to the analytical power of Publishing Intelligence.To complement our comprehensive enterprise solutions, the full range of VISTA services include applications implementation, applications management and hosting services, offshore IT services and publishing-specific business consulting, together with lifetime customer support.VISTA was founded in 1977 and has offices in Europe, North America and the Asia -Pacific region. Visit us on the web at www.vistacomp.com

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Matt Berry
Conversion Marketing
(201) 370-9133
matt@conversionam.com

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