Cotelligent, Inc. Awarded $7 Million in Contracts Extending Through 2005
Company Enjoys a Flurry of Activity in the Last Thirty Days
As Clients Agree to Multi-year Commitments
IRVINE, Calif., June 30 /PRNewswire-FirstCall/ --
Cotelligent, Inc. (OTC Bulletin Board: CGZT), a leading developer of business
solutions that enhance, integrate and extend enterprise information to mobile
and Web technologies, announced today that it has entered into agreements with
several clients resulting in $7 million of revenue through 2005.
The contracts are significant for several reasons. The clients represent
a cross section of industries which reduces Cotelligent's dependence on any
one industry sector. Additionally, the engagements encompass the entire
breadth of Cotelligent offerings including, software development, help desk,
hosting and maintenance.
"The multi-year agreements reflect the confidence these clients have in
Cotelligent and its ability to deliver winning solutions and
post-implementation support for the long term," said James Lavelle, Chairman
and CEO. "These new contracts validate our strategy of deploying reusable
technology to build solutions that precisely fit each client's needs and
extend information to mobile workforces and remote customers."
Three factors were significant in Cotelligent's ability to win these
contracts.
First, Cotelligent differentiates itself with its experience developing
custom business applications that integrate legacy systems and extend
information across a variety of mobile and Web-centric technologies.
Cotelligent is making the "Real-time Enterprise" a reality and providing its
clients a competitive advantage through improved employee productivity and
customer satisfaction.
Secondly, Cotelligent is dedicated to a strategy of reuse that optimizes
design, architecture and application development to enhance system
performance. This reuse strategy allows Cotelligent to develop solutions that
are typically deliverable in half the time and at half the cost of
traditionally developed custom solutions, resulting in a more immediate
positive impact on user productivity.
Finally, the Company has an unbiased view with expertise in several
technology environments and is a partner of both IBM and Microsoft.
Cotelligent is one of only ten IBM partners certified to develop applications
for their new Websphere Everyplace Access (WEA) platform. Cotelligent is also
a Microsoft Gold Certified Partner and has the distinction of being one of
only twenty companies in the Southwest Region to have also been selected as a
Microsoft Managed Partner. Cotelligent has implemented over 100 systems
employing Microsoft technologies including one of the first .Net projects in
the nation.
About Cotelligent, Inc.
Cotelligent Inc. ( http://www.cotelligent.com ) creates customized business
applications that precisely fit each client's needs and are built from proven,
reusable components on a solid foundation of design and architecture. Through
a collaborative and consultative approach, Cotelligent delivers solutions that
meet each client's unique objectives and extend the reach of their enterprise.
The Cotelligent comprehensive strategy of reuse encompasses our collective
experience that allows us to build customized solutions that deliver immediate
results while reducing costs and implementation time.
Cotelligent (OTC Bulletin Board: CGZT) was established in 1996 and is a
debt-free public company. We employ 150 people throughout the U.S. with
headquarters in Irvine, California.
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