Vibrant Gujarat Summit 2011: CIGNEX Signs MOU To Scale Up Its Operations In Gujarat

Online, January 31, 2011 (Newswire.com) - CIGNEX, the global leader in design, development and roll-out of commercial Open Source & SAP Connect solutions, signed an MoU with the Government of Gujarat to scale up its operations through non-infrastructure investments of up to Rs. 200 Million in year 2011, as a part of the 5th Global Summit of Vibrant Gujarat 2011.

"CIGNEX set up the Ahmedabad facility in 2006. It is in line with global design trends and consists world-class IT infrastructure. CIGNEX plans to enhance the infrastructure to provide cutting-edge IT solutions to its global clients. This MOU signifies our commitment to contribute to the IT development in Gujarat", said Manish Sheladia, Co-founder and EVP - India Operations, CIGNEX.

CIGNEX provides open source technologies based CMS (Content Management System) solutions to worldwide customers from its India delivery centers at Ahmedabad. CIGNEX is a thought leader in Open Source technologies and has authored 8 technical books - 4 on Liferay, 3 on Alfresco and 1 on Plone. IDC, a leading research firm, has recognized CIGNEX as a "global top 10 Open Source technologies system integrator" and recently Liferay awarded CIGNEX as the "Partner of the Year, 2010".

About CIGNEX (www.cignex.com)
CIGNEX Global Holding Corporation is the global leader in Commercial Open Source & SAP Connect solutions for over 10 years. CIGNEX provides Open Source solutions across Web Content Management, Portals & Social Collaboration, e-commerce, Digital Asset Management, Documents & Records Management, Business Process Management, Business Intelligence, ERP & CRM, SOA using tools such as Alfresco, Liferay, SAP, Magento, Pentaho, Compiere, Drupal, Intalio, JBoss, Mulesource, etc.

CIGNEX, focuses on addressing key challenges faced by CIOs today by
• integrating Open Source solutions with existing Line of Business solutions
• managing the contradictory demands of reducing IT spend while rolling out new solutions.

Headquartered in Santa Clara, CA, CIGNEX has offices in Colorado, Florida, Michigan, Texas, New Jersey, United Kingdom, India, Singapore, Malaysia and Thailand and over 400 employees. CIGNEX has helped in improving client profitability by delivering solutions to over 200 global customers using Onsite, Offsite and Offshore delivery models.

About Vibrant Gujarat (www.vibrantgujarat.com)
Vibrant Gujarat is a biennial Global Investors' Summit held by the Government of Gujarat in Gujarat, India. The event brings together business and thought leaders from Gujarat, India and the rest of the World; to explore investment opportunities and deliberate on the global economic scenario. It showcases Gujarat′s enterprise and development friendly credentials, providing participants a comprehensive platform to explore and tap into the tremendous opportunities existing across various sectors in the state.The two-day Vibrant Gujarat Global Investors Summit 2011 concluded on 13th January with investment commitments of Rs. 20.83 lakh crore (US$ 450 billion) committed. About 7,936 memorandums of understanding (MoUs) were signed during the mega event. "The investment pledged will provide employment to 52 lakh people," said Narendra Modi, Chief Minister, at the valedictory session.

For more information, please contact:
Manish Sheladia
EVP - India Operations
CIGNEX Global Holding Corporation
[email protected]