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enherent Announces Joint Marketing Agreement with IxReveal in the Text Analytics Solutions Market
FOR IMMEDIATE RELEASE
Iselin, New Jersey – October 17, 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 into an agreement to deliver text analytics solutions with IxReveal Inc., a leading text analytics software company. Text analytics delivers considerable business insight and value by automating the analysis of text and its integration with traditional forms of structured data. The two main areas of concentration will be in fraud detection and voice of the customer.
enherent will leverage uReveal™ and uReka!™ - IxReveal flagship products, to deliver business value by capturing information locked in text. Indicators of fraud, customer insights, and employee sentiment are all examples of information found in text. Until recently, leveraging this information has been a manual and costly effort. enherent’s solutions will initially focus on claims processing in the healthcare and insurance sectors, as well as voice of the customer initiatives in multiple industries.
Pamela Fredette, Chairman and CEO of enherent said, “We are very excited about this new opportunity with IxReveal. Their software and our expertise combine to quickly deliver a considerable return on investment for our clients. Time to value is accelerated by two key differentiators: analyst enablement and ease of data extraction. By reducing much of the data intensive set-up effort typically associated with advanced analytic initiatives, our solutions deliver value quickly.”
Charles Clarkson, Chairman of IxReveal, Inc. said, “Our partnership with enherent provides companies with the most advanced analytics, along with rapid and flexible integration. We are very pleased that teaming our technology with enherent’s well established IT consulting capability will generate near-term business solutions and rapid return on investments for their clients.”
About enherent
enherent is an IT consulting services firm delivering advanced analytics & collaboration, enterprise content management and infrastructure solutions to enterprise and mid-market organizations. Our solutions enable clients to create, contribute, understand and transform structured and unstructured data into actionable intelligence to enhance decision making and innovation that create competitive advantage.
About IxReveal
IxReveal is a leading text analytics software company that transcends current "search" and business intelligence technologies. The company's solution-based products are unique in their capacity to transform large volumes of structured and unstructured data into actionable intelligence. IxReveal's award-winning product lines, uReveal™ and uReka!™ (www.ureka.info), also allow researchers to collaboratively share concepts and findings.
Clients include leading multi-national corporations, financial institutions, law-enforcement agencies, universities, health organizations, and major federal agencies with data-intensive mandates. For more information, visit www.IxReveal.com.
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 Company’s ability to increase the amount of services rendered to existing clients and develop new clients and reduce costs of providing services; the Company’s 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:
enherent Corp.
Frank Diana, 732-603-3859
fdiana@enherentcorp.com
fdiana@enherentcorp.com
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