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Achievo Signs Consulting Agreement With Danish Pharmaceutical Company Nycomed


SAN RAMON, Calif., May 13 /PRNewswire/ -- Achievo(R) Corporation, a software outsourcing and information technology services provider, today announced it has signed a consulting agreement with Nycomed GmbH, a pharmaceutical company that provides medicines to hospitals, specialists and general practitioners. Under the agreement, Nycomed will outsource to Achievo the design, operation and maintenance of its validation management process for implementing a drug safety solution. Achievo offers its clients local account management and project delivery capabilities through its regional offices in Japan,North America,Europe andGreater China that are integrated with and supported by its offshore delivery centers inChina and its headquarters in the United States.

"In our daily business we see a tremendous demand in the pharmaceutical industry for the kind of structured requirement processes and IT development processes that Achievo can provide," said Wolfgang Zhang, president of Achievo Germany. "Achievo has clients in the German health care industry that have used the Achievo Development Process (ADP). ADP is a system which combines best practices in project management and software engineering processes (such as CMMI, PMBOK, Six Sigma and RUP), as well as lessons from Achievo's successful outsourcing projects. Deploying ADP in the pharmaceutical industry is the next logical step for Achievo and we are confident that ADP can be easily adapted for Nycomed, as well as other pharmaceutical companies, suppliers and partners."

"Achievo provides high quality, cost effective, IT services, software development and quality assurance to some ofGermany's most visible businesses. Achievo's proven track record and development processes offer the right combination of technical skill, cost competitiveness and quality assurance needed for a project of this scope."

According to the International Monetary Fund, in 2007Germany had the world's third largest national economy as measured by gross domestic product.

About Nycomed

Nycomed is a researching pharmaceutical company that provides medicines for hospitals, specialists, general practitioners, etc. The company delivers medicine for therapeutic areas, including cardiology, gastroenterology, osteoporosis, respiratory, pain and tissue management. Nycomed is an international company operating throughoutEurope and in fast-growing markets such asLatin America,Russia/CIS and theAsia-Pacific region and is represented worldwide in about 50 markets. More information is available at http://www.nycomed.com.

About Achievo Corporation

Achievo Corporation is a leading provider of software outsourcing and information technology services to a global client base primarily through its regional offices inJapan,North America,Europe andGreater China. Five of Achievo's delivery centers inChina are ISO-27001 certified, of which two are also ISO-9001:2000 certified and another is CMMI level 5 certified. In addition, Achievo's facilities inGermany are ISO 9001:2000 certified. With expertise in diverse technologies including Java/J2EE, .NET and embedded platforms, Achievo offers improved efficiencies, scale, diversification, and a skilled talent pool to deliver cost-effective, client-centric, and scalable IT outsourcing services to clients worldwide. Headquartered in theSan Francisco Bay Area, Achievo has offices inthe United States,Canada,Germany,China and Japan. For information on the company and its services, visit http://www.achievo.com.

(C) 2008 Achievo Corporation. All rights reserved. Achievo is a registered trademark of Achievo Corporation inthe United States and in other countries. All other trademarks are the property of their respective owners.

    CONTACT:
    Jayme Curtis, Public Relations
    Achievo Corporation
    +1 408.892.8661
    jayme.curtis@achievo.com

SOURCE Achievo Corporation

Tags: ,CPR,STW,CON,CA-Achievo-Nycomed
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