Oregon-based Agilis Solutions, Cited as Outsourcing Pioneer in First-Ever Recognition of U.S. Companies by Vietnam Software Association

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Agilis Solutions, a small, Oregon-based software services company, has been recognized -- along with Microsoft, IBM, and Oracle -- for its pioneering role in helping promote Vietnam's fast-growing software development industry. Vietnam has increasingly been recognized by outsourcing experts as a viable, rapidly emerging alternative to India and China. Vietnam's advantages as a software engineering venue include very low turn-over rates; relatively stable prices, excellent mathematics/engineering education programs, and a multi-faced commitment by the Vietnamese government to become a Tier I venue for outsourcing expertise.

Agilis Solutions, an Oregon-based provider of custom software application expertise, today announced it is among the first four U.S. companies ever to receive the Vietnam Software Association's (Vinasa) prestigious Sao Khue Award for significant contributions to Vietnam's software industry.

The award, endorsed by the National IT Steering Committee of Vietnam and Ministry of Information and Communications of Vietnam, was presented April 27, 2008 at the Hanoi Opera House. The other 3 U.S. companies receiving awards are Microsoft, Oracle and IBM. Formed in 2002, Vinasa has presented the Sao Khue to 69 Vietnamese companies to date. This is the first year American companies have been recognized, and the event will be televised live on VTV1. (See related Vinasa release 4/27/08 at http://www.vinasa.com).

"It's a tremendous honor for Agilis Solutions to be recognized by the Vietnam software industry," said Eileen Boerger, executive vice president and general manager, Agilis Solutions. Boerger, who will receive the award in person, noted, "Vietnam is one of Southeast Asia's fastest growing economies, and Agilis Solutions' successful seven-year collaboration with FPT Software reflects what a win-win this is for both the American and Vietnam software industries."

Agilis Solutions specializes in developing engineered software, providing high-quality and cost-effective outsourced software development services for organizations that design software. Agilis Solutions' has more than 100 engineers located at its offshore software development center (OSDC), established in 2001 in Hanoi, Vietnam as a formal relationship with FPT Software, J.S.C.. FPT has more than 3,000 software and test engineers, enabling Agilis Solutions to quickly pull together teams with a wide range of technical skills to support the rapid changes and evolving needs of business. By deploying a blended team of both onshore and offshore personnel, Agilis Solutions leverages the best attributes of both for the benefit of the customer.

"Agilis Solutions has contributed much to the Vietnam software industry," said Truong Gia Binh, Vinasa Chairman and Chairman and CEO of FPT Corporation. "Agilis Solutions has proven over and over the value that outsourcing provides companies by augmenting their own core strategic expertise and resources with outsourced technical support. They've successfully pioneered this model in Vietnam, helping to grow the local software industry and talent pool, as well as to educate the local workforce, with more than 15,000 software engineers, on how best to work with American business."

"Agilis Solutions was our first American partner and it's been an extremely successful seven-year relationship," said Nguyen Thanh Nam, CEO of FPT Software JSC. "Agilis Solutions' U.S.-based and on-site project managers help companies meet time-to-market challenges more efficiently and cost-effectively by accommodating the ebbs and flows of business with immediate access to FPT Software's highly educated pool of skilled software engineers. Together we provide the best solution for the customer."

About Agilis Solutions:

Agilis Solutions, a business unit of CorSource Technology Group, designs and delivers software development and maintenance services, taking full responsibility for project deliverables and utilizing a "blended delivery model" that combines highly seasoned U.S.-based project managers, with software engineers in Hanoi, Vietnam. Areas of expertise include custom application development work, quality assurance and testing. CorSource Technology Group, parent company of independent operating businesses Agilis Solutions and ProDX, delivers a wide range of Information Technology (IT) and software engineering services and is a Microsoft Gold Certified Partner. CorSource is headquartered in Beaverton, Oregon. Visit http://www.corsource.net or http://www.agilissolutions.com.

For more information on FPT Corporation visit: http://www.fpt.com.vn/en or http://www.fpt-soft.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners

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