PLANS LAUNCH OF CMMI-BASED QUALITY CONSULTING PRACTICE

Folsom – July 28, 2006: AgreeYa Solutions, a 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 . 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.

Ajay Kaul, Managing Partner of AgreeYa Solutions said, “With this achievement AgreeYa has become one of the very few mid-market software services firms globally to achieve CMMI . By achieving 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.”

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 marks an important milestone in this journey,” said Arun Sinha, Managing Director, AgreeYa India.

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

The CMMI assessment for AgreeYa was conducted by Rakesh Soni, an SEI authorized SCAMPI Lead Appraiser, and Executive Vice President, Tech Mahindra Ltd. DQS India was involved as an associate during AgreeYa’s CMMI assessment activities. ”AgreeYa’s process orientation and level of clarity of process improvement principles is of very high order,” says Rajendra Khare, Managing Director, DQS India.

In addition to using strong quality practices to help deliver solutions its clients, AgreeYa plans to leverage its quality expertise to develop a new CMMI-based Quality consulting practice focused on helping other organizations achieve high levels of process maturity. “This service will be offered to our clients globally and will encompass training, consulting and assessments,” Kaul said.

About AgreeYa Solutions

Founded in 1999, AgreeYa Solutions provides an industry leading blend of technology, business consulting, and outsourcing services to provide 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 customers such as Acer, Alcoa, Allergan, Daimler Chrysler, Deloitte, 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.

About SEI

The Carnegie Mellon ® Software Engineering Institute (SEI) is a federally funded research and development center in US. The SEI works actively on software engineering principles and practices, and has contributed significantly in the areas of software engineering, computer security, and process improvement. As part of Carnegie Mellon University, which is well known for its highly rated programs in computer science and engineering, the SEI operates at the leading edge of technical innovation. The SEI works closely with defense and government organizations, industry, and academia to continually improve software-intensive systems. SEI’s core purpose is to help organizations improve their software engineering capabilities and to develop or acquire the right software, defect free, within budget and on time, every time.