San Jose, Calif. (August 27, 2003) – Samsung Data System America (SDSA"), a leading IT Consulting Company with over $1B in worldwide revenues has acquired Zesati BPM, a leading Business Process Management (BPM") Application from B2B-Matrix, a San Jose, Calif.-based producer of enterprise software. Zesati BPM will strengthen SDSAs goal to establish itself as a leader in the Enterprise Consulting space by deploying cost cutting, performance driving, and process automation applications for its customers
San Jose, Calif. (August 27, 2003) – Samsung Data System America (SDSA"), a leading IT Consulting Company with over $1B in worldwide revenues has acquired Zesati BPM, a leading Business Process Management (BPM") Application from B2B-Matrix, a San Jose, Calif.-based producer of enterprise software. Zesati BPM will strengthen SDSAs goal to establish itself as a leader in the Enterprise Consulting space by deploying cost cutting, performance driving, and process automation applications for its customers
"This acquisition will enable us to offer value added services to the existing base of Zesati customers which spans over six different industry verticals. Further, we will expand upon a proven business model by leveraging our infrastructure. Zesati has provided an average of 72% in process efficiency gains and measurable return in terms of cost savings. We plan to grow the current user base of 1000 users to beyond 5000 within the next year by leveraging our sales and marketing force and our supply chain partners" said the CEO of SDSA, Mr. Park.
Just like the world class hardware products Samsung has come to be known for, Samsung Data System America is on its way to becoming a top 5 business solutions provider in the US", said Hiren Shah, CEO of B2B-Matrix. SDSAs acquisition of Zesati BPM represents their commitment to this goal and to differentiate themselves from other solution providers with a proven business solution offering. The existing Zesati BPM customers and the recently signed contracts gives SDSA a head-start and ensures that SDSA is recognized not only for its superior consulting services but also for world class software products "
About Samsung Data Systems America
Samsung SDS America, Inc. is an IT Consulting Company offering a wide range of services and products such as consulting, systems integration, packaged software, outsourcing, and technical training. Samsung SDS America has developed strategic alliances with some of the world's leading information technology companies such as Microsoft, Hewlett Packard, Silicon Graphics, and Computer Associates. Our venture business units located in Boston, Silicon Valley, Ridgefield Park, and Seoul help Samsung SDSA keep abreast of the latest trends and emerging technologies.
About B2B-Matrix
B2B-Matrix is the leading provider of software solutions for enterprise business process management. Its software solution, Zesati, is the only combination of a platform as well as out-of-the-box process templates that deliver a return within weeks. The Zesati suite of products allows companies to create new revenue opportunities, strengthen relationships with customers, substantially reduce supply chain inefficiencies and streamline internal business processes.
Founded in 1999, B2B-Matrix is based in San Jose, CA and will continue to offer solutions in the area of managing Product Profitability for Engineering and Manufacturing companies.
For further information, contact:
SDSA
Joohong Kim, Director of Enterprise Consulting
joohong.kim@samsung.com
B2B-Matrix
Tony DeSouza, VP of Business Development
TonyDesouza@b2b-matrix.com
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