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Sigma Software Solutions Gather Momentum going into 2005: Achieves 55% growth in Revenues, expands operations, sign new relationship

Pune India, 05 January 2005 -Sigma Software Solutions, an offshore IT Service company, announced that 2004 was its most successful year ever: the company grew its revenues 55 percent compared to 2003, it acquired major clients in the United States and Canada, it expanded its robust suite of products and services, and it formed key business development partnerships. The company expects to build on this success in 2005 with the introduction of new services; expanded operations and a greater marketing push in strategic markets.

Sigma's success comes at a time when growing number of Enterprises & ISV's have found offshore IT development an effective tool for improving productivity, increasing efficiency, lowering costs, and focusing on their core competencies.

Sigma's other achievements in 2004 was moving to a new state-of-the-art 42,000 Sq. Ft Development Center in Pune India; forming business development partnerships and opening up of UK/European markets.

Sigma anticipates growth in 2005 and beyond as a result of a stepped up marketing push targeted to key vertical markets, including Telecom, financial, Utilities, Retail and Manufacturing. "The acceptance of Offshore Outsourcing as a mature part of IT Software Supply chain is the beginning of another profitable era for the company," says Natarajan Diwakar, COO of Sigma Software Solutions. "We are strategically positioned to capture the next wave of opportunities in the Global Software Services market."



About Sigma Software Solutions:
Sigma Software Solution is an India-based offshore IT Outsourcing Services Provider. Our Services are targeted to Independent Software Vendor's (ISV) and Enterprises, helping them to build applications, deploy it globally and maintain them from right location/s. Our value proposition to our customers is Business Acceleration, Cost Containment and Financial Risk Management. Our customers and ISV Partners are in the areas of: Telecommunications, Cable, Utilities, Finance, and related industries. Sigma has its Offshore Delivery Center in Pune, India, a Near Shore center in Toronto - Canada, and sales presence across the globe.

More details: http://www.sigma-solutions.com

Media Contact:
Ketan H Momaya
Head Business Development
+91-20-25661992 extn. 226
ketanm@sigmasoft.biz

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