Number Six Software Acquires Praxis Solutions: Deal Extends East Coast Firms Presence into Midwestern Markets Creating Custom Software Management Powerhouse with Top-Tier Client Roster

Number Six Software, a leading software management firm, today announced the acquisition of Praxis Solutions, a software productivity and engineering firm with headquarters in Indianapolis, Indiana and additional offices in Cincinnati, Ohio.

ARLINGTON, VA (PRWEB) April 19, 2004 --- Number Six Software, a leading software management firm, today announced the acquisition of Praxis Solutions, a software productivity and engineering firm with headquarters in Indianapolis, Indiana and additional offices in Cincinnati, Ohio. The acquisition extends Number Sixs presence into strategic Midwestern markets and creates a powerful custom software management firm providing success for clients including Standard Register, Sallie Mae, Department of Homeland Security, and the U.S. Air Force.

The Praxis acquisition is a critical milestone in the execution of our business plan," said Carmen Facciobene, CEO of Number Six Software. Their concentration on software estimation and requirements management, combined with our unmatched capabilities in software architecture and implementation, furthers Number Sixs ability to positively affect software development. Through this acquisition and others, Number Six is creating a significant platform to truly ensure the success of software development projects for the enterprise."

The widely-accepted 70 percent failure rate associated with custom software development projects costs private corporations and federal agencies billions of dollars each year. Number Six helps clients overcome these failures by implementing their proven software management process centered on Total Customer Success. The N6 Software Management Process encompasses predictive analysis and software engineering, enabling improved portfolio management -- the viewing of software development projects as corporate assets. At the core of the N6 Process are Number Six teams; cross-trained software development experts who establish instant momentum on projects for a variety of enterprise and government clients.

"Number Sixs proven software management process includes their experienced teams and structured methods. With their leadership, we are building richer, more comprehensive requirements and instituting financial traceability for key software development projects," said Joanne Cummins, IM Project Manager of Standard Register. We expect to achieve even higher levels of quality and to increase our capabilities for delivering critical business applications with the Number Six team approach."

We have distinguished our firm through integrity and results. Number Six shares our mission and corporate values," said Gary Winzenread, CEO of Praxis Solutions. As a Number Six team, we are now on a platform to significantly affect the way software is developed and provide the highest level of service to our clients."

As part of the acquisition, Number Six will consolidate administrative functions at its Arlington, Virginia headquarters, and will employ approximately 100 people nationwide. Praxis Solutions offices in Cincinnati and Indianapolis will become integrated practice teams for Number Six.

About Number Six Software

Headquartered in Arlington, Virginia, Number Six Software brings together the teams, methods, and processes necessary to resolve risk and ensure the success of enterprise software development projects. The N6 Software Management Process combines expertise in predictive analysis and software engineering to enable improved portfolio management. At the core of the N6 Process are Number Six Software teams -- cross-trained, high-performance development experts who ensure the delivery of critical software systems on time, on budget, and built to requirements. The teams align the customers business practices with the most effective technology to advance the enterprise. Number Six prides itself on achieving a 100 percent Total Customer Success for its clients including Booz Allen and Hamilton, Childrens National Medical Center, Freddie Mac, National Cancer Institute, U.S. Air Force and U.S. Department of Homeland Security. For more information, visit http://www.numbersix.com.

About Praxis Solutions

Praxis Solutions is an Information Technology consulting firm that has focused its efforts on productive and cost-effective implementation of leading-edge technology. The company delivers value to its customers through the combination of talented technology professionals and inclusion of standardized best practices in its implementation strategies. Praxis Solutions clients include Procter & Gamble, Sallie Mae, Standard Register and Cinergy Corp.

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