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Systems Xcellence Announces Expanded Development
Capability with new office in India
MILTON, Ontario (February 3, 2000) -- Systems Xcellence, Inc. (TSE:
SXC) announced today that they have opened a software development office in Chennai, India. This
subsidiary, Systems Xcellence (India) Pty., will serve as an expansion of Systems Xcellence's (SX)
development capability to meet the growing demand for its products and services.
"This decision was made to strategically address the challenge
that many technology companies face; the lack of qualified North American software
developers." states Gordon Glenn, President and CEO. "In order for SX to meet
the increasing market demand for our products, establishing a development office in India
was the logical solution. The benefits of this decision are three-fold. First, India
provides a pool of highly skilled developers who will compliment the existing Canadian
based development team. Second, expanding development to India represents a timely and
cost-effective means to augment the company’s development capabilities, thereby
enhancing our competitive advantage. Third, in light of time zone differences, SX
development can now take place around the clock. We are confident in this decision and
look forward to the return on our investment."
Systems Xcellence is headquartered in Milton, Ontario, and provides advanced online
transaction processing solutions for the healthcare benefits management industry. The
Company combines robust software products, business expertise and services to deliver
superior solutions to the ever-changing managed care sector. The Company's shares are
traded on the Toronto Stock Exchange under the symbol SXC. |