3i Infotech and Smartesting enter Strategic Alliance to drive "Zero Defect"

leading software provider for model-based test design solutions, based out of Bangalore, today announced a strategic alliance with 3i Infotech, a global Information Technology company. End Quote

(1888PressRelease) November 26, 2011 - Through this partnership, 3i Infotech's Independent Testing and Compliance Business (ITCB) will not only integrate the Smartesting solution in their test environment but also offer this as part of their testing solution to all their customers. The partnership incorporates an Enterprise Licence Agreement, which covers 3i Infotech's own software products / IPRs and its independent testing services activity.

Smartesting provides an innovative test design solution that automatically generates functional tests from a model of the requirements - thus driving "Zero Defect" by focusing on prevention. This has been proven to deliver anywhere between 6x to 20x higher test coverage when compared to traditional models of test design. In addition, this model-based test design approach links the test suite directly with the business requirements, thus making available a dynamically ready test suite every time a requirement undergoes a change.

Mr. Stephane Werba, Chief Operating Officer, Smartesting said, "Our partnership represents a strategic direction for Smartesting, primarily seeking to unite an ecosystem of technology partners. This is a valuable opportunity for key domains - in particular the BFSI, Retail & Manufacturing sectors - the core areas of strengths for 3i Infotech, and where we too see a lot of potential. This partnership is a contributor to our business pursuits in our original market, Europe and in the US, where we have recently started operations, besides the emerging markets."

Mr. Som Sarma, President and Global Head - IT Services, 3i Infotech said, "The partnership with Smartesting provides our independent testing services the platform on which it aims to drive its "Zero Defect" solutions. As our fast growing client base across geographies has been looking for a pragmatic approach towards zero defects, the Smartesting solution fits in very effectively with their requirement. With multiple engagements that showcased 100% test coverage and reduced the cost of change by over 60%, this strategic alliance is a strong differentiator and contributes to our competitiveness."

On the occasion, Mr. Michel Guez, Managing Director - Smartesting India stated,
"3i Infotech is a partner dedicated to delivering high value services to clients and have recognized Smartesting as a key component of their offering to bring optimized test coverage, productivity, requirements traceability and agility to their clients." He added "This partnership also opens opportunities to leverage 3i Infotech's BFSI, Retail & Manufacturing domain expertise to jointly build high value reusable test assets - Domain Test Accelerators."

For 3i Infotech's own IPR, this alliance represents a way to provide immense value for its customers by ensuring the highest quality products within the emerging needs of an "agile" customization and maintenance environment.

About Smartesting:

Smartesting is a leading independent software provider of an innovative solution that guarantees and certifies the alignment of information system applications with the business processes of the organization. The solution provides a certification approach that automates the production of required functional tests and helps reduce the risks of testing the most critical business applications. Smoothly integrated with mainstream test management solutions, the Smartesting solution accelerates the industrialization of current test practices and enables greater agility within the test competence centers. Today deployed by major organizations and system integrators for all business activity sectors, Smartesting extends traditional quality assurance and offers Information System certification capabilities. For more information, visit (www.smartesting.com)

About 3i Infotech

3i Infotech (www.3i-infotech.com) is a global Information Technology company committed to Empowering Business Transformation.

A comprehensive set of IP based software solutions (20+), coupled with a wide range of IT services, uniquely positions the company to address the dynamic requirements of a variety of industry verticals, predominantly Banking, Insurance, Capital Markets, Asset & Wealth Management (BFSI). The company also provides solutions for other verticals such as Government, Manufacturing, Retail, Distribution, Telecom and Healthcare.

3i Infotech has over 1500 customers, including 71 in the Fortune 500 list, in more than 50 countries across 5 continents
For more information, please contact:
M.B. Battliwala
Senior General Manager and
Head - Global Marketing & Public Relations
3i Infotech Limited
Akruti Centre Point, 6th Floor
M.I.D.C Central Road
Next to Marol Telephone Exchange
Andheri (East), Mumbai - 400 093
India
Tel: 91-22-39145560
Fax: 91-22-39145520
Email: corporate ( @ ) 3i-infotech dot com

Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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