Imogo Announces Strategic Alliance with Newgen Software Technologies
Newgen to Develop Mobile Applications Software for Imogo to Address Broad Range of Markets; Expands Company's Global Footprint; Decreases Time to Market
SEATTLE, July 16, 2012 /PRNewswire/ -- Imogo Mobile Technologies Corp. (OTCBB: IMTC) today announced that it has entered into a strategic alliance with software service provider Newgen Software Technologies Limited under which Newgen will develop mobile applications software for Imogo for a variety of specialty markets including utilities, oil and gas, infrastructure and green initiatives.
Newgen, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) software solutions, is headquartered in New Delhi, India with additional offices in India, London, Dubai and McLean, VA.
Imogo President, Founder and CEO Stewart Irvine noted that Newgen has shown leadership in the software industry for more than 20 years, supporting multiple platforms and languages in more than 40 countries.
Irvine also noted that the relationship with Newgen yields a number of very important benefits for Imogo and its shareholders. "We believe it will increase the number of high quality, multi-platform applications we can bring to market, expand our reach into a larger number of geographic and specialty markets and significantly reduce our application development time. As a result, we expect to see the Company's time to revenue accelerated, and the number of addressable revenue opportunities expanded," Irvine said.
"We are excited to be working closely with a company like Newgen, which has an established global footprint, a high profile customer base and has already proven its ability to automate workflows and manage business processes in a variety of market segments," Irvine added. "Our plan is to leverage this and other strategic partnerships to launch mobile, scalable, multiplatform solutions for enterprise companies globally. This is another step toward our goal of becoming the industry-leading mobile office provider."
About Newgen Software Inc.
Newgen Software is a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM), with a global footprint of 850 installations in over 45 countries with large, mission-critical solutions deployed at the world's leading Banks, Insurance firms, BPO's, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.
Newgen Software has been positioned in the Magic Quadrant for Business Process Management (BPM) and Enterprise Content Management (ECM). The company has been recognized by distinguished analyst firms like Frost and Sullivan as A 'Hot Company to Watch for' in their global ECM Market report, 2009 and by IDC in its exclusive report "Newgen Software: Global Leader in Business Process Management and Document Management Solutions."
Newgen's Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2005. Newgen has been assessed at CMMi Level3.
About Imogo Mobile Technologies Corp.
Imogo Mobile Technologies Corp. is an innovative provider of cloud computing solutions for organizations seeking to securely integrate mobile devices such as tablets and smart phones into their enterprise ecosystem, increasing productivity and lowering their IT costs. The Company's solutions, including a Private Cloud Portal, enable mission critical businesses to connect, collaborate and communicate around the globe. Personal Private Cloud platform and application services include: High quality digital telephony for PCs and tablets, hosted exchange and unified messaging, hosted terminal services, and off-site secure data storage and backup services. Please visit www.Imogo.com for more details.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
With the exception of historical information, certain matters discussed in this press release are forward looking statements within the meaning of the Private Securities Litigation Reform Act including but not limited to the expectation that the relationship with Newgen yields a number of very important benefits for Imogo and its shareholders; that it will increase the number of high quality, multi-platform applications the Company can bring to market, expand its reach into a larger number of geographic and specialty markets and significantly reduce Imogo's application development time; and the expectation that the Company's will see its time to revenue accelerated, and the number of addressable revenue opportunities expanded. The actual future results of Imogo could differ from those statements. The Company refers you to those factors contained in the "Risk Factors" Section of Imogo's Annual Report on Form 10-K for the year ended December 31, 2011, Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K, and other Imogo filings with the Securities and Exchange Commission.
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