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Avineon Marks Fifteenth
Anniversary with Global Expansion
Information Technology
Provider Celebrates Crystal Anniversary;
Outlines Growth Plans for Middle East and Asia
Pacific Regions
Alexandria,
Va. - Sept. 17, 2007 - Avineon, Inc., a
successful provider of IT, engineering,
geospatial and program management services,
today announced the company has reached an
important milestone, marking more than 15 years
of delivering IT services and solutions to
government and commercial clients. The company’s
success and longevity stems from a solid track
record of providing outstanding value by
applying innovative approaches, skilled people
and disciplined processes.
Since its inception in 1992,
Avineon has built a customer base of more than
250 clients across federal, state and local
government agencies and commercial clients
including large utilities and process, power and
offshore companies. The company has grown at a
rate of more than 30 percent over the past five
years and is on track to exceed that rate in
2007.
"Avineon has grown rapidly
over the past 15 years due in large part to our
commitment to understanding customer needs and
providing innovative services," stated Karlu
Rambhala, president and CEO of Avineon. "Our
expansion into the Middle East and Asia Pacific
markets will make significant contributions
toward Avineon’s continued growth."
Avineon plans to invest
significantly in its existing India-based
subsidiary located in Hyderabad, Avineon India
Private Ltd. (AIPL), to construct new offices.
AIPL is expected to grow by 60 percent over the
next year and the company will increase its
employee base by 800 to accommodate growth.
Avineon is also looking at opening additional
India facilities in Visakhapatnam and Kakinada
as well as expanding its overseas centers to
include Dubai, Australia and New Zealand. This
growth is driven by recent large new client
wins, including a multi-million dollar deal with
a U.S.-based oil and gas utility, among other
new and repeat U.S. and European clients.
The company has also expanded
its service offerings over the past year to
better meet customer needs. This includes the
formation of a formal Business Process
Management (BPM) practice group to focus on the
planning, implementation and support of BPM
tools and methodologies. Avineon also launched a
Commercial IT Services division to focus on
meeting the needs of its strong commercial
client base including large electric, gas, water
and telecom utilities. The company’s Geospatial
and Engineering Services division recently
created a Technical Solutions Group (TSG) to
deliver highly specialized geographic
information systems (GIS) consulting and
application development services in addition to
geospatial services the company has provided for
several years.
Avineon has been recognized
for its growth and innovation, receiving the
Virginia Chamber of Commerce’s Fast 50 award and
being named to Washington SmartCEO’s
Future 50 in addition to appearing on lists
including Washington Technology’s Fast
50 and the Inc. 500.
About Avineon
Avineon, a CMMI Maturity Level 3 and ISO
9001:2000 registered company, is a diversified
high technology company that provides
information technology (IT), geospatial,
engineering and program management services.
With headquarters in Alexandria, Virginia, and
offices in Alabama, Florida, Indiana and
Virginia, Avineon also maintains subsidiaries in
Europe and India. In IT, Avineon specializes in
web-based architecture, systems engineering,
application development, and on-going network
and security support. For additional information
please visit www.avineon.com.
Company
Contact :
Charles Erdrich / 703-671-1900 / cerdrich@avineon.com
Press Contact :
Kara Schiltz DPR
Group / 919-678-9200, ext. 101 / kschiltz@dprgroup.com
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