BWI: Ramco Systems Canada Inc., Inks Deal with Aveos for MRO

Press release from Business Wire India
Source: Ramco Systems Limited
Monday, November 29, 2010 03:57 PM IST (10:27 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Advertising, PR & marketing, Business services, Media & entertainment, Travel & tourism; Technology
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Ramco Systems Canada Inc., Inks Deal with Aveos for MRO


Chennai, Tamil Nadu, India, Monday, November 29, 2010 -- (Business Wire India) -- Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); a leading software company focused on consulting, product and managed services, today announced its seventh Aviation Series 5 Software win for its Aviation Suite. Aveos, a leading, independent, global provider of MRO services to the aviation industry, selected Ramco, Canada to provide the Series 5 Aviation MRO software, including Financials and Aviation Analytics. The Series 5 Aviation Suite will automate the business processes of overhaul, component and engine maintenance, quality assurance, production, planning and control, material procurement, inventory, payments, and accounting functions, among others.

"We are very excited to have Aveos as Ramco's newest Series 5 MRO Customer. The selection by Aveos of Ramco is the 5th Series 5 Aviation Software Customer in the last quarter. The Aveos win is a testament to our continued momentum in a sector that we are deeply committed. While the world slept, we invested our resources in what is now the best in class Enterprise Maintenance & Engineering & MRO Software," said Mr. Jim Fitzgerald, President of Global Aviation Solutions, Ramco Systems.

About Aveos:
Aveos is a full-service maintenance, repair and overhaul (MRO) provider of airframe, engine, component and maintenance solutions to the aviation industry. From maintenance facilities across Canada and in El Salvador, the company provides integrated services to over 100 customers, while leveraging a robust network of strategic alliances. Over 4,000 employees are committed to a tradition of providing world-class quality and expertise to customers across the Americas. To learn more, visit aveos.com http://www.aveos.com.

About Ramco Aviation:
Ramco Aviation is the world's largest provider of Aviation Maintenance & Engineering (M&E) and Maintenance Repair & Overhaul (MRO) software solutions. Ramco's customers include NACIL, Pinnacle Airlines, CONAIR, PHI, Air Methods, Era Helicopters, AeroMexico Connect, Republic Airways, Chautauqua, Shuttle America, TACA Regional, Air New Zealand's SafeAir Limited, JEJU Air Co. Ltd. Gulf Helicopters, FL Technics, Columbia Helicopters, Air Medical Group, AlSalam Aircraft Co., Jazeera Airways, ADAC Luftfahrt Technik, AirWorks, and Yemen Airways amongst others. For more information, visit Ramco online at www.ramcoaviation.com.

About Ramco Systems:
Ramco Systems, a part of the USD 875 million Ramco Group, is a leading software company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 100,000 users from 800+ customer organizations since inception. The company currently has 14 offices spread across India, US, Europe, Middle East and APAC and employs over 1,400 employees.

Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorksT. Ramco Systems has seven major product suites - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on SaaS), Ramco Enterprise Information Management Suite, Ramco Advanced Process Control, and Ramco Mine Management. Strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Service, BFSI, Aviation, Government and Defense.

Ramco Systems has been assessed for ISO 9001:2008 and ISO 27001:2005 information security standards. Ramco's BPO unit is SAS 70 Type II certified.

"Ramco Systems Limited ("the Company") is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed a draft letter of offer ("DLOF") with the Securities and Exchange Board of India ("SEBI"). The DLOF is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled "Risk Factors" of the aforementioned DLOF. The distribution of the DLOF to persons in certain jurisdictions outside India may be restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession the DLOF may come will require them to inform themselves about and observe such restrictions. The equity shares proposed to be issued have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India (including but not limited to any securities laws in the United States) and may not be offered or sold, and persons in any such jurisdiction shall not participate in the proposed issue except in compliance with the applicable laws of such jurisdiction".

For more information, please visit www.ramco.com

Follow Ramco on Twitter at @ramcosystems/ read latest news & updates on http://www.ramcoblog.com/


CONTACT DETAILS
Vinitha Ramani , Ramco Systems Ltd., +91 9840368048, vinitharamani@rsi.ramco.com
Twinkle Xavier, 20:20 MEDIA, +91 9884480115, twinkle@2020india.com

KEYWORDS
CONSUMER, TOURISM, MARKETING, BUSINESS SERVICES, MEDIA, TRAVEL, TECHNOLOGY

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