everse Opens Development Center in Bangalore, India

LOS ANGELES, March 5, 2003 – Today, everse corporation (everse), a technology consulting, software development, and application outsourcing company, announced the opening of its development center in Bangalore, India. Part of the International Tech Park, Bangalore, the development center is a key location in everse’s growing global solutions delivery infrastructure.

The International Tech Park, Bangalore, is a professionally managed, state–of–the–art campus home to global leaders in information technology, research & development, bioinformatics, electronics, telecommunication, financial services, and other industries. Among the reasons everse chose the park as the location for its India development center were its world–class infrastructure, amenities, and services, which are in keeping with everse’s existing operations.

In addition to its corporate headquarters in Los Angeles and its new office in Bangalore, everse has facilities in New York and Shanghai, China. Continuing to grow its facilities and operations around the globe enables everse to increase its average revenue per employee and drive the evolution and refinement of its processes, increasing efficiency, productivity, and consistency. In addition, the Bangalore development center will enable everse to further reduce the costs and time–to–market of the high–quality solutions it develops for its clients.

According to everse CEO James Sung, “Bangalore was an ideal location in which to open the newest development center in our growing global organization. The city has been called the Silicon Valley of India and for good reason. Bangalore’s talent pool and software development tradition will be invaluable to the everse organization, our clients, and their customers.“

About everse corporation

everse is a technology consulting, software development, and application outsourcing company with offices in Los Angeles, New York, Bangalore, and Shanghai. The company mobilizes its expertise in Business Technology Consulting, Application Development & Outsourcing, and Enterprise Integration through its proprietary e-v-e-r-s-e Methodology. everse creates process-centric solutions that address the full range of its clients' functional issues and build long-term business relationships. everse has collaborated with Global 1000 and middle market companies including Allied Domecq PLC, Baskin-Robbins, Conexant Systems, CorVel Corporation, the California Public Utilities Commission, Enterprise Rent-A-Car Company, Farmers Insurance Group, Knott's Southern California Resort, Medtronic Minimed, Newhall Land and Farming Company, Pacific Gas and Electric Company, Southern California Edison, ValleyCrest Companies, and Vitesse Semiconductor Corporation.