Global Alliance Blends Stateside Savvy with Offshore Production

Charlotte, NC — January 14, 2008

As the next logical step in rolling out its long-term strategic plan, meta-consultancy HyNote today announced a major accord with Thirdware, an India-based enterprise consulting firm that specializes in application development and maintenance. The partnership will focus on blending HyNote's stateside business savvy with Thirdware's application and process expertise to deliver affordable enterprise solutions.

"Our business model focuses specifically on building a global value added network of tightly coupled partners that collaborate to deliver best-of-breed solutions," notes Mike Dayton, founder and CEO of HyNote. "Consequently, we're very keen to make sure that the alliances we create not only add value, but in fact play a critical role in the success of our network. Thirdware fits perfectly within this framework because they understand today's market dynamics; they recognize that a network approach is optimal for both the customer and service provider. We're delighted to have them onboard."

Dayton says several key factors make Thirdware an ideal partner: they have a decade of experience delivering enterprise applications, including enterprise resource planning (ERP) and analytical solutions; they understand the importance of process-oriented application development; and they recognize the value of local consultants taking the lead in certain phases or aspects of engagement, including account management, customer relations and iterative solutions design.

As a veteran of enterprise software giant Hyperion Solutions, where he led efforts to foster strategic alliances with an array of industry players, Dayton also lauds Thirdware's mature corporate culture, as well as its customer-centric approach: "We were very impressed with Thirdware's professionalism. They've achieved a level of maturity that's on par with some of the best consultancies in the world. That's particularly apparent in the way they approach client work: they're never afraid to ask probing questions, and they recognize the value of and focus on building long-term relationships."

Prashanth Rai, Thirdware's US Business Manager, explains his company's rationale in moving forward with this alliance: "HyNote complements our delivery capabilities with a solid mix of domestic domain expertise and transparent client and project management. This combination gives clients the best of both worlds: strong, affordable offshore delivery with the capacity to scale, plus a familiar client-facing team that can quickly identify opportunities and gaps. It's a classic win-win, and we're quite confident that customers will experience the value and benefit from this partnership."

Nonetheless, clients will have questions about just how well this blended model will work. Rai explains Thirdware's methodology, and how it will interface with HyNote's delivery model. "Thirdware teams are a usually built with a mix of business and technical consultants. For example, within our Hyperion practice we hire chartered accountants (CPAs) and put them through our rigorous product training schedule. This is unique in our industry and equips the project teams with significant business and product knowledge. We have also taken steps to identify and train our offsite coordinators who will interface with the customer and/or onsite team."

HyNote is one of the world's first true meta-consultancies, designed to leverage a global Value Added Network of specialized IT consulting firms, mature offshore application development, and Web-based collaboration technologies. For more info, go to www.HyNote.com.