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CoreMatrix and Persistent Systems Partner to Deliver End-to-End Solutions and Services for the Social Revolution

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Addresses Immediate Demand for Consulting and Implementation Expertise 

Red Bank, N.J., September 13, 2012CoreMatrix®, a leading cloud computing consulting company and  Persistent Systems (BSE & NSE: PERSISTENT), a leader in outsourced software product development (OPD) services, today announced they have joined forces to deliver a complete set of solutions to help organizations successfully drive and operate their businesses in the cloud.

Enterprises today are leveraging social, mobile and open cloud technologies to bring their customers, partners and employees closer to the heart of their businesses. CoreMatrix and Persistent Systems both have developed a full suite of consulting services around social media, social collaboration, analytics and mobile applications to help companies build social expertise, refine social strategies and transform their business for the social revolution.  In addition, CoreMatrix leverages Radian6® to provide services for its social media monitoring and engagement platform. 

Persistent Systems brings product development expertise on the Salesforce Platform and strong enterprise consulting practices around collaboration—with Salesforce Chatter®, analytics and mobility – to the partnership. Persistent also has a successful track record of building winning applications on Heroku®. CoreMatrix, which has implemented more than 1,400 cloud computing solutions, has established a dedicated practice and a full suite of consulting services designed to accelerate customers’ transition to social and mobile cloud technologies.

“As partners, CoreMatrix and Persistent Systems offer a greater breadth and depth of services and expertise that can dramatically accelerate a company’s success in the cloud ,” said Ernie Megazzini, vice president of Cloud Technology Strategy for CoreMatrix. “Our customers will now have a trusted partner with skilled resources poised to meet tactical and strategic needs in an era of pervasive social adoption and meet their critical business goals.”

“By partnering with CoreMatrix, we have combined our strength to bring a powerful and immediate set of services to the market that allows enterprises to connect with customers, partners and employees in entirely new ways,” said Ranga Puranik, executive vice president and Head - New Initiatives Group, Persistent Systems. “Now companies can get started right away no matter where they are in their social transformation.”  

About CoreMatrix Systems

CoreMatrix (www.corematrix.com) is a leading provider of cloud computing consulting, systems integration, social strategy development and managed services for mid-sized to Fortune 500 companies. With experience gained from more than 1,400 cloud computing engagements, CoreMatrix is dedicated to helping customers achieve their objectives and obtain the greatest value from their investments. Customer examples include: American Express® Travel Management Services, 20/20 Companies®, PharmaNet, Wells Real Estate Funds®, State Bank & Trust®, Transocean, GTECH®, Citrix® and WebMD®.

About Persistent Systems

Established in 1990, Persistent Systems (BSE & NSE: PERSISTENT) is a global company specializing in software product development services.  For more than two decades, Persistent has been an innovation partner for the world’s largest technology brands, leading enterprises and pioneering start-ups. With a global team of 6,600+ employees, Persistent has 350+ customers spread across North America, Europe, and Asia. Today, Persistent focuses on developing best-in-class solutions in four key next-generation technology areas: Cloud Computing, Mobility, Analytics and Collaboration, for telecommunications, life sciences, consumer packaged goods, banking & financial services and healthcare verticals. For more information, please visit: http://www.persistentsys.com. Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: www.persistentsys.com/Portals/0/forward_looking_cautionary_statement.shtml

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Press contact:
Joan Rothman
jrothman@corematrix.com
(914) 391-8406

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