CorraTech Partners With Openbravo to Deliver Enterprise Class, Open Source ERP

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Partnership brings CorraTech's implementation expertise to small and mid-size companies across the globe looking to leverage the value of open source software.

Establishing our first U.S. partnership is a very significant moment for us

CorraTech, a leading, open source software services firm, today announced its partnership with Openbravo, a European provider of open source enterprise management (ERP) solutions for small and midsize businesses (SMBs). CorraTech is Openbravo's first U.S. partner and together the companies will allow customers in Europe and the U.S. to quickly and successfully implement and use open source ERP solutions. The partnership will allow Openbravo's customers to realize the full value and potential of their open source applications and will help drive CorraTech's customer and company growth.

"We are committed to helping companies worldwide successfully use and benefit from open source applications and systems," said Ron Bongo, CEO of CorraTech. "Enterprises of all sizes continue to embrace and adopt open source alternatives and as a result, we are continuing to grow at a rapid pace. After extensive research into the various open source ERP solutions, we decided to work with Openbravo based on their leadership team, business model, and product architecture. This partnership will fill an operational and financial value gap in our solution portfolio and we believe Openbravo will increase the open source software footprint within many of our clients' IT infrastructures."

CorraTech has provided open source system integration, consulting and outsourcing services to more than 70 companies, from SMBs to the Global 1000, including 3Com and The Christian Science Monitor. CorraTech helps companies effectively implement and integrate open source applications within larger IT systems in order to ensure enterprise class functionality and full cost savings. With more than 10 years of expertise, CorraTech has developed a proven implementation methodology, online collaboration tools and a globally distributed professional services model. CorraTech will provide numerous support services around Openbravo including application customization, implementation, integration, application lifecycle management, data migration, process reengineering and testing.

"Establishing our first U.S. partnership is a very significant moment for us," said, Andreu Bartoli, director of operations at Openbravo. "Corratech will help us introduce our solution to the U.S. market and will help expand our existing worldwide community. The Corratech team has proven expertise and success in enterprise open source support and they will be a key factor driving our growth and best-in-class, global services."

Openbravo's Web-based, ERP solution is tailored for the specific needs of SMBs and includes robust features that simplify the management of procurement, warehousing, projects, manufacturing, sales and financials, including basic CRM and BI functionality. Openbravo enables companies to manage their daily operations, optimize processes, improve customer satisfaction and increase profitability. Because it is an open source offering, Openbravo's product functionality continually evolves as an expanding international community of users, partners and developers contribute to the product.

About CorraTech
CorraTech is a leading, open source software services firm, providing open source system integration, consulting and outsourcing. As founder of the open source project OPENSUITE, CorraTech delivers integration solutions in a pluggable framework. Through OPENSUITE, businesses of all sizes can maximize their investment in multiple open source applications by extending functionality, synchronizing business processes and data, and simplifying IT maintenance. For more information about CorraTech or OPENSUITE, please visit http://www.corratech.com.

About Openbravo
Openbravo is the leading professional open source enterprise management (ERP) solution for small and midsize enterprises (SMEs). Driven by open source philosophies and best-in-class services, it delivers a fully integrated, web-based ERP system tailored to the needs of any company, regardless of size or industry sector. The functionality of Openbravo is in continual growth thanks to an expanding international community of users, partners and developers. Openbravo helps companies to manage daily operations, optimize business processes, enhance customer satisfaction and ultimately increase profitability. And because it is open source, Openbravo puts the customer in full control without the overheads of contracts or licenses. In January 2006, Openbravo secured a €5 million ($6.4m) financing agreement with Sodena - record funding for an open source ERP company - to fuel further software development and international growth. Openbravo is a winner of a 2007 'Red Herring 100 Europe Award'. http://www.openbravo.com

Contacts for CorraTech:
Stephanie Cebulski
Marketing Alchemist
510-290-4502
Stephanie @ marketingalchemist.com

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