Zanett Achieves Oracle PartnerNetwork Specialization for Healthcare

NEW YORK, March 1, 2011 /PRNewswire/ -- Zanett (Nasdaq: ZANE), a leading consulting firm specializing in business processes and information technology, today announced it has achieved the Oracle PartnerNetwork (OPN) Specialization for Healthcare.  Through the OPN Specialization certification process, Zanett has demonstrated experience, expertise and success selling, deploying and managing Oracle solutions within the healthcare industry.

Zanett, an OPN Platinum-level partner, assists its healthcare clients in leveraging technology to enhance patient care, reduce costs, and create efficiencies. Zanett offers solutions for Human Capital Management, Finance and Compliance, Materials Management, Business Intelligence, Clinical Systems Integration and Implementation, Secure Physician Portals, and Order Set Management/CPOE.

"The Oracle Healthcare Specialization recognizes partners that have invested and excelled in the healthcare industry and are delivering significant value to our joint customers worldwide," said Marc Perlman, global vice president, Healthcare and Life Sciences, at Oracle, "We congratulate Zanett on achieving OPN Specialization for Healthcare."

"We are very excited and honored to be recognized by the Oracle PartnerNetwork for our demonstrated industry thought leadership and skills in integrating and implementing healthcare technology solutions.  This designation is a testament to our commitment to the healthcare industry, and we look forward to continue providing our healthcare clients with leading technology solutions," said Vince Vickers, senior vice president of healthcare and health Sciences, Zanett.

About Zanett, Inc.

Zanett is a leading business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) consulting firm serving Fortune 500 corporations and mid-market organizations in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government.

Zanett helps organizations align business objectives with outsourced technology-enabled services to create Real Enterprise Value. We offer solutions ranging from business consulting as well as custom business solutions that integrate and implement Oracle's full suite of product offerings Oracle, JD Edwards, PeopleSoft, Seibel, including infrastructure technology and managed services together with associated Oracle Fusion technologies. Zanett employs over 223 professionals in North America and Asia with offices in Atlanta, Boston, Cincinnati, Indianapolis, Jacksonville, New York City, North Palm Beach, and Manila. For more information please visit http://www.zanett.com/ or http://healthcare.zanett.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as "forward-looking statements'' within the meaning of the Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause Zanett, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Zanett currently is considering, but in reality may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.

Circumstances do change, and if and when the landscape changes, Zanett shall endeavor to remain as flexible as possible, and adjust its strategy accordingly. Zanett, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The aforementioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect Zanett, Inc., see Zanett, Inc.'s filings with the Securities and Exchange Commission.

Neither Zanett, Inc. nor Zanett Oracle Solutions is a part of, a division of, nor a subsidiary of, nor in any other manner connected with Oracle Corporation, and no implication is made whatsoever to suggest as such.

SOURCE Zanett, Inc.

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