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Nucleus and MII partner together for Indonesian market

May 20, 2009 | Press Release
Jakarta, Indonesia | New Delhi, India, May 20, 2009: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209) and PT. Mitra Integrasi Informatika (MII)—a subsidiary company of PT. Metrodata Electronics, Tbk (IDX: MTDL) in Indonesia today announced that they have entered into a channel partnership. Under this agreement MII will serve as a strategic alliance for Nucleus Software in Indonesian market.

Further enhancing Nucleus' presence in the Indonesian market, this partnership will leverage Nucleus' domain experience and MII in-depth local market knowledge to support the growing business traction and focused investments made by Nucleus in the Indonesian banking and financial sectors.

Nucleus views this partnership as integral to its focus on further increasing business opportunities in the region and is committed to providing its clients with the best technologies to enhance their competitive edge and customer focus. MII networks will harness the full potential of Nucleus’ products and generate value by all development efforts.

Niraj Vedwa President & Head - Global Sales & Marketing, Nucleus Software said, “We have made continuous investments in the business towards attaining market leadership in this region and this partnership with MII is a testimony to our products' effective value proposition. Given MII's expertise, both technical and functional, and their strong presence in the region, our customers will tremendously benefit from this partnership.”

“We will put more investment in Financial Services Industry (FSI) solutions and set up a dedicated unit to handle FSI projects complete with FSI specialists. We think it is a great opportunity to be associated with a global software brand like Nucleus Software. Our focus to this industry includes Loan, Collection, and Cash Management Systems using Nucleus Software products as foundation. Our relationship with Nucleus will provide an outstanding opportunity to directly gauge the needs of Indonesian customers. We look forward to a very successful partnership with Nucleus and are confident that we will be able to provide value to their business by extending their products to the right audiences," said Sjafril Effendi, President Director of PT. Mitra Integrasi Informatika.

About PT. Mitra Integrasi Informatika (MII): 
PT Mitra Integrasi Informatika (MII) is a leading IT Service Provider in Indonesia. MII is a subsidiary of PT. Metrodata Electronics, Tbk (IDX: MTDL), focuses on IT System and Network Integration, Business Application Implementation, IT Consultancy, and IT Outsourcing Services. MII has been building strategic alliances with world class information technology companies such as APC, BMC Software, CheckPoint, Cisco Systems, Citrix Systems, DELL, EMC, Emerson Network Power, EPSON, Hewlett-Packard, Hitachi Data Systems, IBM, Infor Global Solutions, K2, Kontinum, Lenovo, Microsoft, Netscout, Oracle, Prometric, RSA Security, SAP, Software AG, Sun Microsystems, Strategic Partner Solution, Symantec, Trend Micro, and VMWare. Since May 6, 2002, MII has successfully applied the international quality standard and obtained ISO 9001:2000 certificates. MII main focus is in corporate business that spread over vertical- 1 industries from Financial Services, Government Institutions, Energy, and Telecommunication to Manufacturing, Retail and Distribution. For more information, please visit www.metrodata.co.id

About Nucleus Software

Nucleus Software (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • FinnAxiaTM, an integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://www.nucleussoftware.com/safe-harbor.

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Email: rashmi.joshi@nucleussoftware.com
Phone: +91-9560694654