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Augmentum Selected as Software Development Partner for Velocity11's Innovative Life Science Solutions

2007-12-08 00:24 1429

Velocity11 Raises the Stakes in Speed to Market with International Engineering Team

SHANGHAI, China and FOSTER CITY, Calif., Dec. 7 /Xinhua-PRNewswire/ -- Augmentum, http://www.augmentum.com, a leading provider of offshore outsourcing for software products and IT application development, today announced their working relationship with Velocity11, a pioneer in automation technology solutions for life science laboratories. Augmentum works with Velocity11 to serve as an extension of Velocity11's engineering team and provides the additional critical capacity in both test and development that Velocity11 needs to both accelerate time to market and realize their business objectives.

"Augmentum operates with discipline in our innovative environment with the flexibility to help us enhance the way we serve our customers. At Velocity11, we are committed to providing our customers with complete solutions that solve their problems and dramatically enhance their productivity, and we like to develop those solutions very quickly. Working under the Augmentation Model(TM) with a team of seasoned Augmentum Principal onshore, in conjunction with a well structured engineering team offshore, allows for an extremely efficient time-to-productivity," said Rob Nail, CEO of Velocity11. "Augmentum has adopted Velocity11's engineering culture and processes, and collaborates closely with Velocity11's engineering team while at the same time achieving self sufficiency. Augmentum's strong security focus protects Velocity11's intellectual property throughout the intimate collaboration model, and their team of professionals has the maturity and engineering discipline to adapt to changes while staying focused on our end objectives."

"Velocity 11 represents one of the real frontiers for software innovation," said Frank Yu, President and COO of Augmentum. "First of all, they focus on providing leading-edge solutions to the life sciences industry. Second, technologically advanced hardware enabled by technologically advanced software is one of the exciting trends of the high-tech industry today."

Augmentum was recently awarded a Founding Member of the Community of Global Growth Companies, World Economic Forum. Their unique culture of management innovation in outsourcing and business model, coupled with founder Leonard Liu's impressive and influential experience and vision for establishing a world-class software team in China, led to the nomination. Augmentum's rapid growth, from its founding four years ago to the 1,250 employees worldwide today, as well as their set of world class customers such as Microsoft, Intel, and Motorola, place the company firmly in the leadership ranks of the New Champions.

About Augmentum

Augmentum provides outsourcing leadership for innovation. Augmentum engineers augment their clients' teams as an extension, utilizing leading edge development tools and technologies, as well as proven processes, to create commercial-quality software. The management team has decades of collective experience outsourcing commercial software and solutions. Augmentum, Inc. is headquartered in Shanghai and Beijing in China and in Foster City, California. The company has grown to 1,250 people in China out of 1,300 worldwide in four years since its founding. Augmentum was awarded Founding Member of the Community of Global Growth Companies, World Economic Forum 2007, Global Services 100 in 2007 and Risk Management winner at the China Outsourcing Summit in 2006 and is a Red Herring 100 company. For more information, please visit http://www.augmentum.com or call (650) 578-9221 x104.

Source: Augmentum, Inc.
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