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Initiate, Solnet Agree to Jointly Market Software

Initiate Systems and Solnet Solutions Agree to Jointly Market Initiate® Software in Australia and New Zealand

SYDNEY and WELLINGTON, Aug. 13 /Medianet International-AsiaNet/ --

SYDNEY and WELLINGTON – 13 August 2008 – Initiate Systems Australia Pty Ltd, a leader in master data management (MDM) solutions for creating complete, real-time views of data about people, places and things, and Solnet Solutions Limited provider of IT solutions and support, today announced a strategic partnership to deliver Initiate® software offerings in both Australia and New Zealand.

Solnet has a proven track record of delivering IT business solutions to clients in both Australia and New Zealand, including large corporations and government departments. Solnet develops, integrates and supports solutions built on scalable, highly available and reliable systems such as Initiate Master Data Service®, a comprehensive master data management platform. With Initiate software, organisations can identify data related to a single person, place, or thing – and securely share that information – using a highly accurate, scalable, and rapidly deployed solution. Initiate Systems solutions are used in a wide range of industries, including banking, hospitality, insurance, retail, retail pharmacy and healthcare organisations, as well as by state, provincial and federal government agencies.

“We are extremely pleased to formalise our partnership with Solnet,” said Alex Paris, country manager Australia and New Zealand, Initiate Systems Australia Pty Ltd. “Solnet, like Initiate, has a strong reputation for delivering innovative, quality solutions that solve complex information management problems. This partnership will allow Initiate to continue to rapidly expand in the region and offer our customers high quality in-country, specialist services and support.”

“Solnet is proud of our reputation for delivering cost effective, innovative and reliable business solutions to our clients. As such, we are very selective with our partnerships,” stated Brett Arthur, general manager northern region, Solnet. “We develop such partnerships where it makes sense for our clients. Our assessment of the MDM market showed that the speed, accuracy, scalability and rapid implementation of Initiate® solutions placed them as a clear leader in the space.”

About Solnet Solutions

Solnet Solutions (Solnet) is a member of the Solnet Group. Through its core business services, Solnet develops, integrates and supports business solutions built on scalable, highly available and reliable platforms. Solnet leverages standards-based technologies sourced from leading vendors and open-source offerings. While it is probably best known as a pre-eminent Java developer, it also has vast experience in a range of domains including identity and access, portals, rules engines, enterprise architecture and security.

About Initiate Systems

Initiate Systems, Inc. enables organisations to strategically leverage and share critical data assets. Its master data management (MDM) software and experience as an information exchange leader provide organisations with complete, accurate and real-time views of data spread across multiple systems or databases, even outside the firewall. This allows companies to unlock the value of their data assets for competitive advantages or operational improvements. Initiate Systems operates globally through its subsidiaries, with corporate headquarters in Chicago and offices across the U.S., and Toronto, London and Sydney. For more information, visit www.InitiateSystems.com.


ENDS

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