Zanett Wins Customer Choice Award at Life Sciences Technology Insight Summit

NEW YORK, July 14, 2011 /PRNewswire/ -- Zanett (NASDAQ: ZANE), a leading consulting firm specializing in business processes and information technology, today announced it was the recipient of a Customer Choice Award at the recent 2011 Life Sciences Technology Insight Summit in Boston, MA.

Zanett received the Customer Choice Award in the "Overall Excellence" category, recognizing the company for its contributions to the Life Sciences community in meeting evolving regulatory, technical, and management consulting needs.

Presented at the 2011 Life Sciences Technology Insight Summit, a two-day, invitation-only educational and networking program, the Customer Choice Awards were voted on by a pre-qualified, hosted audience taking part in case study sessions, MeetingZone sessions and one-on-one meetings. The nominations for these awards were made by the participating technology buyers and end users, primarily director-level and above in management positions at leading Life Sciences organizations (including pharmaceutical, clinical trials and medical devices).

"We are very honored to receive this award and believe it is indicative of our Life Sciences industry thought leadership and skills in integrating and implementing technology solutions," said Vince Vickers, senior vice president of healthcare and health sciences, Zanett.  "We have made significant investments in our Life Sciences focus and look forward to continuing to provide the industry with best-in-class services and solutions that lower cost, improve performance and accelerate return on investment."

Zanett, an Oracle Platinum Partner and Microsoft Gold Partner, provides focused Life Sciences services and industry know-how that improve operational performance and address regulatory and compliance requirements, while reducing associated total costs of ownership.  The core service offerings of Zanett Life Sciences include Strategy and Transformation, Regulatory Compliance, Enterprise Resource Planning (including Supply Chain Management, Financial Management and Human Capital Management), Project Recovery, Business Intelligence and Infrastructure Technology.  

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.

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.

For more information please contact:
Vince Vickers
Zanett
317-331-6680
[email protected]

Dennis Harkins
Zanett, Inc.
212-583-0300

SOURCE Zanett, Inc.