GMI Ratings Selects InfoTech for Infrastructure and Software Product Development

NEW YORK, Nov. 19, 2012 /PRNewswire/ -- GMI Ratings, the leading provider of research on environmental, social, governance (ESG) and accounting-related risks affecting the performance of public companies, has selected InfoTech Solutions for Business, Inc. to manage IT infrastructure and software product development. InfoTech is a leading software developer and systems integrator exclusively utilizing a U.S.-based labor force without any offshoring of project work outside the United States.

The engagement encompasses infrastructure relocation and consolidation, merging three GMI infrastructure locations (San Diego, CA, Portland, ME and New York, NY) into InfoTech's data center in downtown Manhattan. InfoTech is also responsible for software development for GMI's web-based research platforms and rating systems. Infrastructure relocation and consolidation has already been completed.

Mr. Thorsten Buescher, InfoTech's EVP and head of the IT Outsourcing group, said: "We completed the relocation and consolidation phase of the project with zero business interruption to GMI and its clients. We look forward to a long-term relationship with GMI Ratings."

Shauna Morrison, COO of GMI Ratings, stated: "InfoTech has already had a major positive impact on our business. It has accelerated the implementation of new product features and improved the overall performance of our Web-based research platforms. We value InfoTech's expertise, responsiveness and dedication."

Mr. Matti Kon, InfoTech's President and CEO added, "We are glad and thankful for the opportunity given to us to add a company like GMI to InfoTech's growing portfolio of IT outsourcing clients. GMI is joining the trend of many other companies that recognize that in order to succeed in today's competitive environment, it is imperative to focus and concentrate all their energy on their core competencies and leave IT management (both programming and infrastructure) to companies like InfoTech who specialize in the business."

About InfoTech Solutions for Business, Inc.

InfoTech Solutions for Business, Inc. (InfoTech) is a privately owned software house and system integration company with a variety of products, IT services and business practices. Headquartered in midtown Manhattan, with satellite offices in the U.S. only, InfoTech is a Microsoft Certified Partner and GSA approved contractor with multiple credentials and technical certifications. The company's clients include some of the most prestigious banks, media companies, government agencies, and small to mid-size companies representing a wide range of industries. Additional information can be found at www.infotechfb.com.

About GMI Ratings

GMI Ratings is an independent provider of research and ratings on environmental, social, governance and accounting-related risks affecting the performance of public companies. The firm's ESG ratings for nearly 5,500 companies worldwide incorporate 120 ESG KeyMetrics to help investors assess the sustainable investment value of corporations. The firm also provides Accounting and Governance Risk (AGR ) ratings and corresponding litigation probabilities for approximately 18,000 public companies worldwide. AGR metrics reflect the accuracy and reliability of a company's financial reporting. Clients of GMI Ratings include leading investment managers, asset owners, insurers, auditors, regulators and corporations seeking to incorporate accounting and ESG factors into risk assessment and decision making. A signatory to the Principles for Responsible Investment (PRI), GMI Ratings was formed in 2010 through the merger of GovernanceMetrics International, The Corporate Library and Audit Integrity. In the 2012 Independent Research in Responsible Investment (IRRI) Survey conducted by Thomson Reuters Extel and SRI-CONNECT.com, GMI Ratings was named "The Best Independent Corporate Governance Research Provider."

For more information please visit www.gmiratings.com.

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SOURCE InfoTech Solutions