AgreeYa Achieves CMMI Level 5 Assessment Within Two Years of Operations

AgreeYa Achieves CMMI Level 5 Assessment Within Two Years of Operations

Plans foray into CMMI-based Quality consulting

New Delhi, July 31, 2006: AgreeYa Solutions, the California-based leading Business and Technology Solutions provider with its Global Delivery Center based out of Noida, India, today announced that it has been successfully assessed at SEI-CMMI Level 5. The Carnegie Mellon University Software Engineering Institute’s (SEI) Maturity Level 5 signifies the highest process maturity of an organization, based on Capability Maturity Model Integration (SEI CMMI) framework.

“Adoption of CMMI framework demonstrates AgreeYa’s strong commitment to maintain the highest quality standards and successfully deliver measurable business benefits to its clients. AgreeYa’s Quality journey has been a manifestation of corporate vision, commitment and customer focus. CMMI Level 5 marks an important milestone in this journey, as it links these attributes with our process capability”, says Arun Sinha, Managing Director, AgreeYa Solutions.

“AgreeYa’s CMMI Level 5 assessment comes just seven months after its ISO 9001:2000 certification, and within two years of starting operations at the Noida GDC. Moreover, we decided to aim for Level 5 assessment at the first instance itself, without opting for the comparatively easier Level 3 or Level 4 assessment first. Our next step is to further leverage our processes vis-à-vis Total Quality Management” said Teenu Puri, Quality Head, AgreeYa Solutions, who spearheaded the CMMI level 5 initiative in the company.

Ajay Kaul, Managing Partner of AgreeYa Solutions said, “With this AgreeYa has become one of the very few mid-market software services firms globally to achieve the CMMI Level 5. Having achieved this level of maturity in our development and delivery processes, AgreeYa has established itself as a strong player in the Product Development, Systems Integration, and Outsourcing market place. Leveraging the quality expertise we have ambitious plans to turn it into a CMMI-based Quality Consulting practice. This service will be offered to our clients globally and will encompass training, consulting and assessments.”

AgreeYa Solutions had also recently announced major marketing and delivery enhancements in its India operations. The company had stated aggressive plans to expand market penetration globally with a target of reaching US$100M by 2007-2008. While its focus so far in India had been as a delivery hub, AgreeYa in India is now expanding its reach into the corporate market in the country, Asia Pacific and Middle East Region with its products and solutions. AgreeYa is committed to invest around US$15 Million in India businesses over the next three years.

About AgreeYa Solutions:

Founded in 1999, AgreeYa Solutions provides an industry leading blend of technology, business consulting, and outsourcing services to its customers with flexibility, agility, and expertise required to excel in today’s business environment. Headquartered in Folsom, California and with its global operations from Noida, India, AgreeYa provides services to all major industry segments of the global economy, including consumer business, energy, health care, government, manufacturing, telecommunications, banking and financial services.

AgreeYa has been providing high quality solutions and services to clients such as Acer, Alcoa, Daimler Chrysler, Deloitte, Franklin Templeton, Fujitsu, Gap, HP, Kaiser Permanente, Lucent, Mitsubishi, Nissan, State of California, North Carolina and Washington, and Verizon.

For more information about AgreeYa Solutions please visit www.agreeya.com