Collabera
 
Press Release
Global Consultants, Inc. (GCI) Is Now Collabera
Name Change Reflects New Company Era and Model for Growth
Morristown, NJ – February 04, 2008
Global Consultants, Inc. (GCI), one of the fastest growing providers of end-to-end information technology services and business solutions worldwide, today announced it has changed the company name to Collabera. The name change reflects a new company era as evidenced by the huge surge in worldwide growth that can be tied to its global delivery model, investments into various competencies and domain-based services to provide accelerated value, recent acquisitions of IVL India (for SAP Services) and Blue Hammock (for Strategic Consulting) and the appointment of Dominick Cavuoto early last year as Chief Executive Officer. The name change also reflects the spirit of true collaboration and partnership that the company has embodied in its relationships with its customers, employees, partners, suppliers, affiliates and investors.
"Through the past 16 years, our brand has accurately reflected what we did. However, over time, our capabilities and services grew but the brand remained the same. We wanted to create a powerful company brand that could reflect our collaborative and value-based approach while we could continue to build upon and further differentiate us in a crowded global marketplace,” said Dominick Cavuoto, chief executive officer of Collabera. “While we still have top notch consultants worldwide and continue development in that arena, we also have burgeoning practice areas that are very much the province of Collabera and are committed to excellent client service."
2007 was the most successful sales year ever, with $300 million in sales, continuing Collabera trend of a year-over-year growth rate of 20-25%. The company is now well positioned as one of the leading US-based Global IT service companies in the industry. In fact, it is recognized as one of the fastest growing IT companies in the US.
Collabera primarily provides onsite, offsite & offshore services to Global 2000 customers in a range of industries, including financial services; technology, communications & media; and manufacturing, retail & logistics. Collabera’s core competencies are in the areas of application development and maintenance, emerging technology & eBusiness strategy & development services, enterprise software solutions support, data warehousing & business intelligence and quality assurance and testing.
"From the beginning, our goal has always been extremely client-centric and collaborative while looking at and investing in opportunities to enhance our value proposition," said Hiten Patel, founder and chairman of Collabera. "Our new company name points not only to our ongoing commitment to our current and prospective clients, but also to an overall model for growth that has served us and our clients extremely well."
About GCI
Established in 1991, Collabera is one of the fastest growing end-to-end information technology services and solutions firms worldwide. Collabera’s client-centric philosophy, commitment to service excellence and a Global Delivery Model enables its global 2000 and leading mid-market clients to succeed in today’s global digital economy. With over 4000 IT professionals globally, Collabera provides onsite, offsite and offshore technology services and solutions to leading financial services; technology, communications & media; and manufacturing, retail & logistics corporations. The privately held company has offices in the U.S., Europe, and India including five existing global delivery centers. For more information, visit www.collabera.com
Media Contact:
Emilio Dabul
M: 908-822-7106
E: edabul@fast-lane.net
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