Secova Named One of the Top 100 Innovators of 2007 by NASSCOM

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Secova, a leading provider of human resource and benefits management services, today announced its has been named one of the top 100 innovators of 2007 by NASSCOM. The recognition was awarded based on market-facing innovation by Secova in the area of Benefit Administration Services.

Secova, a leading provider of human resource and benefits management services, today announced its has been named on of the top 100 innovators of 2007 by NASSCOM. Secova eServices Ltd., Secova’s India division, joins prestigious US-based companies’ India divisions including Alcatel-Lucent, Computer Sciences Corporation India Ltd., Hewlett-Packard GlobalSoft, Reuters, and Texas Instruments India Pvt. Ltd. in receiving this award. NASSCOM is the premier trade body and chamber of commerce for the IT-Business Process Outsourcing industry in India with more 1200 members of which over 250 are global companies from across the US, UK, EU and A-Pac.

“This showcase of innovative companies profiles some of the large, medium and small organizations that have made innovation an important part of their growth strategies. These companies have managed to stand out and differentiate themselves in highly competitive, often adverse market conditions and carved a niche for themselves using breakthrough technological products and novel market initiatives,” stated NASSCOM on their website.

“This award from NASSCOM is another demonstration of Secova’s leadership in delivering valuable, effective benefits administration outsourcing services to clients in a variety of industries,” said Joel Carter, Vice President of Client Services for Secova.

About Secova

Secova delivers HR and benefits management services focused on helping clients control and drive down the costs of their health and welfare benefits offerings through three essential steps – Audit, Implement and Manage. While many outsourcing solutions modify pre-set vendor/service programs, Secova offers a distinctive, flexible approach. Through the company’s Value Sourcing model, each solution can be shaped based on individual client goals and strategies. Secova determines the optimum mix of processes, technologies and service locations to help clients stay competitive in today's marketplace.

Secova’s clients, who employ almost 2.5 million employees total, range from mid-sized to the Fortune 500. With its focus on helping clients reduce costs and streamline their HR processes, Secova in 2007 has saved its clients well over 10% in their healthcare costs through its audit services alone. For more information, visit the company’s website at http://www.secova.com.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company
listed above.

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Sari Gallagher
Secova
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