Geometric Software Solutions and IBM Strengthen Partnership

Geometric Software Solutions Co. Ltd. (MUMBAI:532312) (NSI:GEOMETRIC) has signed a new agreement with IBM to expand their collaboration in providing Product Lifecycle Management (PLM) solutions to clients. The partnership aims to accelerate the deployment of PLM solutions, leveraging IBM's global customer engagement experience and Geometric's expertise in building PLM technologies to suit specific market needs. The agreement is a natural progression of their existing partnership, which began in 2002.

Key Takeaways:

• Geometric Software Solutions Co. Ltd. has signed a new agreement with IBM to strengthen their partnership in providing PLM solutions to clients.
• The partnership aims to accelerate the deployment of PLM solutions, utilizing IBM's global customer engagement experience and Geometric's expertise in building PLM technologies.
• The agreement provides a framework for driving tighter collaboration between IBM and Geometric's sales management and services capabilities on a global basis.
• Geometric will build skills and technologies based on IBM's suite of middleware to meet IBM customers' PLM enterprise and supply chain integration needs.
• The partnership has been instrumental in serving clients in the PLM space for several years, with Geometric employing over 1600 software professionals and having presence in multiple countries.
• Geometric Software Solutions Co. Ltd. is traded on both the Bombay (BSE) and the National (NSE) stock exchanges in India.
• Manu Parpia, Managing Director, Geometric Software Solutions Ltd., stated that the agreement is a logical next step in deepening the relationship between IBM and Geometric.
• Mark Wilterding, GBS Partner, Global PLM Service Leader, believes that the expanded agreement will provide numerous opportunities for expanding value to clients in solving complex PLM and supply chain requirements.

Statistics:

• Geometric Software Solutions Co. Ltd. has been working with IBM since 2002.
• The company has presence in USA, Germany, France, UK, Singapore, and Japan.
• Geometric employs over 1600 software professionals.
• The company is traded on both the Bombay (BSE) and the National (NSE) stock exchanges in India.

Sources:

• Business Wire, "Geometric Software Solutions Co. Ltd. and IBM Sign Agreement" (June 19, 2006)
• Geometric Software Solutions Ltd., "About Us" section
• Geometric Software Solutions Ltd., news release on Business Wire's website