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Polaris enters into agreement with Ementor Denmark A/S

May 23, 2007

Polaris Software and Ementor Denmark A/S have entered into a partnership agreement to offer joint-value propositions and deliver globally recognized IT solutions tailor-made to the Nordic market needs.

Polaris, a market leader in Specialty Application Development in the Financial Services sector, views this strategic partnership as key to its focus in fulfilling the increasing opportunities in the Nordic market.

Polaris and Ementor Denmark have over the last 2 years built up a successful collaboration. The formalization of the partnership underlines the maturity and success of the combined services offered to their clients.

Commenting on this partnership agreement, Bikash Mathur, Executive Vice President & Business Head, Polaris Europe said, “We are delighted to announce that the Polaris and Ementor Denmark partnership will primarily help Nordic companies benefit from 20 years of Polaris' global IT solutions experience and Ementor Denmark 's in-depth local market knowledge. Polaris Europe already contributes one third of Polaris' overall revenues and our partnership with Ementor Denmark will provide the required thrust to expand our customer landscape in the Nordic. Like our wide base of customers, we believe that Nordic companies can benefit significantly from our Global technical know-how, specialized products and consulting experience."

Niels Henrik Sodemann, CEO, Ementor Denmark said, “We welcome Polaris as our strategic partner and look forward to an intensive collaboration which will ensure strong technical resources in our deliveries – both on-site in Denmark and offshore in India. The Nordic market has been experiencing strong growth and the partnership with Polaris is key in terms of value-addition in collaboration with our clients. Polaris has been an ideally suited choice as a strategic partner in development projects for us due to the increased demands of highly tailor-made service offerings to suit customers ever increasing business needs.”

 
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