Vergil Announces Merger With American Cybersystems Inc.

Vergil Technology (P) Limited, a privately held software development and consulting services firm with principal operations in Chennai, India, announced today that it has merged with American Cybersystems, Inc. an Atlanta, GA, USA based I.T services company. Terms were not disclosed.

(PRWEB) February 2, 2005 -- Vergil Technology (P) Limited, a privately held software development and consulting services firm with principal operations in Chennai, India, announced today that it has merged with American Cybersystems, Inc. an Atlanta, GA, USA based I.T services company. Terms were not disclosed.

Vergil Technology specializes in the global delivery of software Development, Web Services based products, and related support services and has successfully completed dozens of outsourced engagements for U.S.-based companies.

"Vergil has a world class management team and a proven track record of delivering Application Outsourcing solutions and products to US based corporate clients and software companies," said N. Shekar, Chief Executive Officer of Vergil Technology (P) Limited. "We reviewed many potential opportunities and American Cybersystems was by far the best fit. We believe that with this combined entity we are now ready to grow multi fold and become one of the next generation services company and a great place to work."

"American Cybersystems wants to provide flexibility and innovation in addition to cost effectiveness in delivering software solutions and services to our clients, whether it is provided on-site, off site, offshore or a hybrid model, and this acquisition is a major component of that strategy" said John F. Kennedy, Senior Vice President, Sales and Marketing at American Cybersystems Inc.

Raj Sardana, President and CEO of American Cybersystems Inc. added "We have been looking at various options over the last many months in our effort to find and assess various opportunities in India. We found an ideal partner in Vergil, who not only bring offshore delivery competency and capabilities but also have a proven set of solution stack around the leading edge technologies such as Web Services and Service Oriented Architecture (SOA). The completion of this transaction is a perfect example of ACS's commitment to the customers and help ACS to scale the business quickly and become market leaders. We now look forward to supporting our Global 2000 clients in a proactive manner."
    
About Vergil Technology (P) Ltd
Vergils long term vision is to provide services to its customers in the field of technology consulting, solution development and deployment using the next generation Service Oriented Architecture model. The company has over the last four years acquired significant insight through its focus in developing solutions for the Enterprise using Web Services standards. The companys management and technical team has significant skills and has created a solution framework using the Web Services on .NET and J2EE standards. The companys management team comprises professionals with extensive experience in the IT industry internationally. Vergil has offices in Chennai and the United States. For more information, visit the Vergil website at www.vergiltech.com.
    
About American Cybersystems Inc.
American Cybersystems delivers IT consulting and software solutions to targeted clients across North America. ACS's business-driven solutions encompass strategic IT and business intelligence consulting, application outsourcing, data warehouse integration, custom application development and packaged software integration. For more information about ACS, visit www.acsicorp.com.

Contacts:
Mr. Raj Sardana
American Cybersystems, Inc.
Tel: +1-770-493-5588
Fax: +1-877-270-6248
Email: raj.sardana@acsicorp.com

Mr. N. Shekar
Vergil Technology (P) Limited.
Tel: +91-44-24314482/4483
Fax: +91-44-24314481
Email: nshekar@vergiltech.com

###