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enherent’s newly appointed Executive Vice President Frank Diana is chosen to lead the Company in the 23 Billion Dollar Advanced Analytic Market


For Immediate Release

 

Roseland, New Jersey (June 23, 2008) - enherent Corp (OTC BB: ENHT, www.enherentCorp.com) (the “Company” or “enherent”), an Information Technology Consulting Services and Solutions provider announced today it has entered the collaboration and advanced analytics market. The data analysis software market, which includes business intelligence, hit nearly $23 billion last year. Advanced analytics represents the next phase of business intelligence. Advanced analytics is a new discipline for deriving value from “unstructured” data. It is estimated that over 80% of data is in “unstructured” form. Using advanced analytics will allow real-time and predictive analytics to be used to create actionable intelligence.

 

enherent will extend its already established Enterprise Content Management practice to reach this market. The Company has launched marketing campaigns into the financial services and healthcare sectors, as well as government agencies. The Company’s solution will include the resale of leading third party software products.

 

To support the movement into the collaboration and advanced analytics space, enherent is pleased to announce the appointment of Frank Diana, Executive Vice President of Advanced Analytics & Collaboration. Mr. Diana brings thought leadership as well as a network of connections to industry groups and software vendors concentrated in this space. His business experience includes more than 6 years experience with Web 2.0 technologies.

 

Prior to joining enherent, Mr. Diana managed the development of a social computing and knowledge management platform at Aelera Corporation, where he served as Chief Product Officer. He was the CEO of Traxian, Inc; a B2B software start-up company. Prior to joining Traxian, Mr. Diana was the chief technology officer of Fujitsu Consulting, where he focused on forming ASP businesses, web service strategies, enterprise application integration, Internet EDI, open source technologies, Web 2.0, ERP, and B2B communities.

 

Under Frank’s leadership we will begin to extend enherent’s business into the advanced analytics and collaboration market. We will utilize his experience and relationships with leading software technology firms and practitioners to enable us to provide sustainable competitive advantage for our customers, said Pamela Fredette, enherent’s Chairman and CEO.

 

 

Forward-Looking and Cautionary Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on certain assumptions and analyses made by the Company derived from its experience and perceptions. Actual results and developments may vary materially from those described because they are subject to a number of known and unknown risks and uncertainties. Such risks and uncertainties include, but are not limited to, future demand for the Company's services; general economic, market and business conditions; the Companys ability to increase the amount of services rendered to existing clients and develop new clients and reduce costs of providing services; the Companys ability to recruit and retain IT professionals; and various other factors discussed in the Company's filings with the Securities and Exchange Commission including those set forth under Item 1A of the Company's most recent Form 10-K. The Company disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.

 

Contact Information:

Frank Diana,

enherent Corp.

fdiana@enherentcorp.com

 

 
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