Avineon inaugurates new facility in Kakinada

Avineon sets up new state of the art facility in Kakinada in-addition to the expansion of existing facilities in Hyderabad

Kakinada, India - April 2, 2008 - Avineon, (www.avineonindia.com ), a global leading service provider in Engineering, Geospatial and Information Technology solutions, inaugurated its Kakinada facility and unveil expansion plans and strategic growth initiatives for the year 2008. Avineon has been growing at a rate of over 30% for the past five years and exceeding its targets every year. To further foster its growth, Avineon has chosen Kakinada as its first choice of tier-2 cities for expansion of operations within India.

Sri M.M. Pallam Raju garu, Honorable Minister of State for Defence was invited as the chief guest to the inauguration ceremony and other dignitaries from the city were also present on the occasion. On this occasion minister expressed his happiness that IT companies like Avineon are starting their operations in tier-2 cities like Kakinada to create employment opportunities in the region and by doing these companies also will reap benefits by minimizing their operational costs.

Answering the question on preferring Kakinada, Mr.Karlu Rambhala, Managing Director, Avineon India Private limited, said "Avineon opted to start operations in Kakinada as it is surrounded by top class engineering and technical institutes, which are producing quality students with good technical skills. Avineon will benefit from tapping this pool of talented human resources to support its operations in Kakinada."

Avineon’s new facility is located at Pallam Raju Nagar, Kakinada and has the capacity to accommodate 100 plus employees. To begin with, Avineon will provide employment for 75 associates from the region and will scale up to accommodate 120 associates by mid 2008. Apart from this new facility expansion in Kakinada, Avineon plans to set up another facility in Vizag and to expand its facilities in Hyderabad too.

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, Georgia, and Virginia, Avineon also maintains subsidiaries in France, India and the UK. 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.avineonindia.com.