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Corbus and Ramco establish global partnership that enhances business value
Chennai - October 9, 2007 - Corbus and Ramco Systems today announced a global partnership that significantly enhances business value delivered to its customers through improvement in their supply chain management.

The two companies are committed to provide a completely integrated, world-class solution that combines technology and outsourcing expertise and offered at extremely competitive price points. The partnership places Corbus amongst the first few companies world-wide to offer procurement outsourcing solutions on a SOA-based technology platform.

President & COO of Corbus, Rakesh Mittal stated, "We continue to maintain our platform agnostic approach in procurement outsourcing opportunities to help our clients maximize returns on their existing investments. However we feel obliged to extend to them an ability to leverage on World-Class Solutions that enhance cost productivity significantly. Our alliance with Ramco brings complete supply chain functionality at an unmatched price point with immense flexibility through their Hosted Solution”

“Our proven technology expertise combined with procurement outsourcing experience of Corbus promises a powerful value proposition for customers seeking flexible, reliable yet cost-effective solutions” says Guru Prasad, President, Global Consulting at Ramco.

About Corbus
Founded in 1994, Corbus has successfully executed Procurement Outsourcing services contracts exceeding $100M for several Fortune 500 companies and has exceeded in Quality, Cost, Delivery, and Compliance (QCDCTM) milestones. Corbus’ unique value proposition in Indirect as well as Direct procurement processes across most spend categories, with guaranteed 20% operational cost reductions in the first year of engagement itself has been a great winner and established Corbus as a leader in Procurement Outsourcing globally.

Corbus, a wholly owned subsidiary of Soin International LLC, is a global leader in Procurement Outsourcing and IT Outsourcing. Corbus ensures an adaptable and flexible business model to help its clients develop and achieve cost-effective key strategic initiatives. With a strong presence in US, Europe, & Asia-Pacific markets, and a Global Delivery Center in India, Corbus has been providing services across a wide industry base that includes “Fortune 50” organizations and has helped these companies increase their cost productivity thus save hundreds of millions of dollars.

Corbus’ global presence, scalable and sustainable world-class infrastructure, business continuity processes, and ISO 9001: 2000 & SEI CMMi Level-5 software maturity, makes it a preferred service provider for many leading organizations worldwide. The Corbus management team consists of highly experienced professionals with significantly diverse backgrounds and industry expertise. For further information on Corbus,
visit our website at www.corbus.com

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