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SOURCE iGATE Corporation
The NASDAQ-listed company will present sessions with customers Rexel and Black & Veatch; business outcomes-based Oracle solutions to be demonstrated
FREMONT, California, September 19, 2013 /PRNewswire/ --
iGATE Corporation, (NASDAQ: IGTE) the first integrated technology and operations company providing Business Outcomes based solutions, today announced that it is participating as a Gold Sponsor at Oracle OpenWorld 2013, a premier business technology conference to be held at the Moscone Center in San Francisco from September 22-26th 2013. iGATE, an Oracle Platinum partner, is also an exclusive sponsor of the 'Game Zone' at the event.
iGATE will also conduct live demonstrations of their key solutions including Integrated Technology and Operations (iTOPS) for Oracle HCM; Outside Processing (OSP) Xpress; Global Client Billing solution and Actionable Social Analytics solution. The demonstrations will give attendees an opportunity to learn from iGATE experts on the company's valuable offerings.
"We are very excited to meet directly with Oracle customers and present our offerings, especially the iTOPS-based solutions, which have been gaining increased acceptance in the marketplace," said Navin Gupta, Vice President and Head of Oracle Practice, iGATE. "This is also a great opportunity for us to build on our Platinum partnership with Oracle."
Oracle OpenWorld brings together the largest congregation of Oracle users and partners. This year the key focus of the event will be on how simplifying Information Technology is transforming enterprises around the world. The conference is expected to bring together more than 60,000 attendees from over 122 countries.
In addition to the live demonstrations, iGATE is also participating in two customer-led speaking sessions:
Topic: Reduce collection time and improve your cash flow with Oracle Receivables
Presenters: Ken Wilson, Rexel; Navin Gupta, iGATE
Date/Time: 23rd September 2013, 1:00PM
Venue: Scene & Be Heard Theater
Topic: Transforming complex application landscape for driving business outcomes
Presenters: Loretta Mentzer and Donald Macek, Black & Veatch; Navin Gupta, iGATE
Date/Time: 24th September 2013, 10:30AM
Venue: Moscone West-2010
iGATE Corporation is the first integrated technology and operations (iTOPS) company providing full-spectrum consulting, technology and business process outsourcing, and product and engineering solutions on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS platform, iGATE's multi-location global organization has a talent pool of more than 28,000 employees and consistently delivers effective solutions to over 300 companies including Fortune 1000 clients spanning verticals such as: banking and financial services; insurance and healthcare; life sciences; manufacturing, retail, distribution and logistics; media, entertainment, leisure and travel; energy and utilities; public sector; and independent software vendors. Please visit http://www.iGATE.com for more information. iGATE Corporation is listed on NASDAQ under the symbol "IGTE."
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Statements contained in this press release regarding the business outlook, the demand for the products and services, and all other statements in this release other than recitation of historical facts are forward-looking statements. Words such as "expect", "potential", "believes", "anticipates", "plans", "intends" and other similar expressions are intended to identify such forward-looking statements. Forward-looking statements in the press release include, without limitation, forecasts of market growth, future revenues, future expectations concerning growth of business, cost competitiveness and expansion of global reach following the acquisition, and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating business; whether certain market segments grow as anticipated; the competitive environment in the information technology services industry and competitive responses to the Company's acquisition of iGATE Computer; and whether iGATE can successfully provide services/products and the degree to which these gain market acceptance. Furthermore, in connection with the iGATE Computer acquisition, the Company has borrowed significant amounts, including through the issuance of high yield notes, and will need to use a significant portion of its cash flows to service such indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past. Additional risks relating to the Company are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as well as the Company's other reports filed with the Securities and Exchange Commission. Actual results may differ materially from those contained in the forward-looking statements in this press release. Any forward-looking statements are based on information currently available to the Company and it assumes no obligation to update these statements as circumstances change. This document does not constitute an offer to purchase or to sell securities in any jurisdiction.
Prabhanjan Deshpande "PD"
Corporate Communication and Media Relations,
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