Wednesday, December 12, 2007

Zanett Secures 2nd Place in 3 Categories at Oracle Open World

Wednesday December 12, 9:54 am ET

Zanett Secures Second Place in 3 Categories:

Mid Size Business Solutions, Integration and SOA Solution, and PeopleSoft Solution

NEW YORK--(BUSINESS WIRE)--Zanett, Inc. (NasdaqCM: ZANE), a leading information technology (IT) consulting firm serving Fortune 500 corporations, mid-market companies, and highly classified federal agencies involved in Homeland Defense and Homeland Security, today announced that three times it secured 2nd place in 3 distinct categories at the annual Oracle Titan Awards held recently at Oracle OpenWorld in San Francisco.

Zanett was recognized in the categories of Mid Size Business Solutions (where it tied with DAZ Systems, Inc.), Integration and SOA Solution (where Accenture also was recognized), and PeopleSoft Solution (NasdaqCM: ZANE). Competing for the 2007 Titan Awards this year included such notable entities as Deloitte Consulting, BearingPoint, Fujitsu, and IBM Global Business Services, among others.

Twenty awards were presented on behalf of the Oracle PartnerNetwork to 17 Oracle partners in 19 different categories. Partners were recognized for their success in developing and implementing solutions based on various Oracle technologies, including: Oracle(r) Database 10g, Oracle Fusion Middleware, Oracle SOA Suite, along with the Oracle E-Business Suite, Oracle's PeopleSoft Enterprise, JD Edwards and Siebel application families.

Partners submitted a record number of nominations covering Oracle technology, applications, and industries, and competed in both solution and momentum categories. Award recipients were selected by an esteemed group of 65 judges, comprising individuals from the media and analyst community, including CMP Media, IDC, TechTarget and Ziff Davis Media, along with Oracle sales, marketing, and development executives.

"The Oracle North American Titan Awards recognize the innovative solutions and business achievements of partners within the Oracle PartnerNetwork. The record breaking number of partner nominations this year is evidence of the enthusiasm, success, and pride Oracle partners have for their solutions delivered on Oracle technology," said Rauline Ochs, Oracle senior vice president of North America Alliances and Channels. "The Oracle PartnerNetwork remains a valuable asset to Oracle, its partners, and our customers, and we will continue to work closely with partners to deliver solutions that customers need."

Claudio Guazzoni, Chief Executive Officer of Zanett, said, ?We are every excited and honored to have received this recognition by Oracle. Last year, we received one 2nd place award for our INRANGE subsidiary, and this year, we have broadened our honor to have placed 3 times in 3 different categories; being recognized along with the likes of BearingPoint, Deloitte, and IBM puts Zanett in extremely good company. This is a tribute to the hard work of everyone at Zanett, and I want to take this opportunity to thank our employees for their devotion to Zanett and their tireless work.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to their customers, leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels. Partners who are able to demonstrate the highest level of product knowledge, technical expertise and a commitment to business with Oracle qualify for the Oracle Certified Advantage Partner level. These partners receive a higher level of service, support, training and certification from Oracle. http://oraclepartnernetwork.oracle.com.

About Oracle

Oracle (NASDAQ: ORCL - News) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com

About Zanett, Inc.

Zanett is an information technology company that provides customized, mission-critical IT solutions to Fortune 500 corporations, mid-market companies, and classified government agencies involved in Homeland Defense and Homeland Security. The company operates in two segments, Government Solutions and Commercial Solutions.

Zanett's Government Solutions segment specializes in providing advanced software and satellite engineering services with domain area expertise in the realm of classified geospatial data exploitation and representation as well as IT infrastructure related to Homeland Defense and Homeland Security.

The Commercial Solutions segment provides Management Consulting services and delivers custom business solutions that integrate and implement Oracle's full suite of product offerings - Oracle, JD Edwards, PeopleSoft, Seibel, together with associated Oracle Fusion technologies. A wide range of delivery expertise is provided to clients, including Managed Services, Enterprise Applications, Business Intelligence, Web and Portal Development, and Middleware Technologies. Zanett also provides full infrastructure and application hosting, utilizing local and international resources, remote and onsite DBA support, all on a 24x7 basis.

Zanett currently employs over 234 people nationwide, is headquartered in New York City, and operates out of 9 offices (Atlanta, Boston, Cincinnati, Denver, Detroit, Indianapolis, Jacksonville, New York City and the Philippines). For more information, please visit http://www.zanett.com.


Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as ``forward-looking statements'' within the meaning of the Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause Zanett, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Zanett currently is considering, but in reality may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.

Circumstances do change, and if and when the landscape changes, Zanett shall endeavor to remain as flexible as possible, and adjust its strategy accordingly. Zanett, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The abovementioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect Zanett, Inc., see Zanett, Inc.'s filing with the Securities and Exchange Commission, including its Annual Report on Form 10-K, for the fiscal year ended December 31, 2006 and its Quarterly Report on Form 10-Q for the quarter ended June 30th 2007 and March 31st 2007.

Neither Zanett, Inc. nor Zanett Oracle Solutions is a part of, a division of, nor a subsidiary of, nor in any other manner connected with, Oracle Corporation, and no implication is made what-so-ever to suggest as such.




For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com

No comments: