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Pyramid Consulting Received CMMi Level 4 Certification

For Immediate Release Contact :
Namita Tirath
Vice President, Sales & Marketing
678.514.3509
namita@pyramidci.com
Kerry Stanfield
Marketing Strategist
678.514.3511
stanfieldk@pyramidci.com

NORCROSS – May 18, 2006

Pyramid Consulting Inc., a global provider of cost effective and efficient IT products and services, today announced that its New Delhi, India outsourced development center has achieved Maturity Level 4 of the Capability Maturity Model Integration (CMMI). With this certification, Pyramid is confirmed to deliver process-driven business solutions for its clients.

"True quality means continuous and periodic identification of strengths, weaknesses and improvement opportunities of our organization's processes and procedures," said Ramesh Maturu, co-founder and Director at Pyramid Consulting. "We have worked diligently to achieve CMMI Level 4 assessment and view this prestigious achievement as another milestone in the continuous journey towards providing total commitment to our customer's needs."

A lead assessor from KPMG conferred this milestone following Standard CMMI Appraisal Method for Process Improvement (SCAMPI) Class A Appraisal. The Maturity Level 4 of the Capability Maturity Model Integration (CMMI) assessment includes Software and Systems Engineering Disciplines, Staged Representation (CMMI-SW/SE) version 1.1 and covers software development, product development and maintenance.

With CMMI certification, Pyramid IT Consulting joins the elite list of global companies that have achieved Level 4. The assessment confirms Pyramid IT consulting capabilities in architecting end-to-end, process-driven business solutions for its global clients. It also ensures predictable on-time delivery, and defect free software to its customers. Additional benefits include process improvement opportunities, knowledge sharing, increased productivity and reduction in defects of software design.

The CMMI® model was developed by the Software Engineering Institute (SEI) at Carnegie Mellon University in Pittsburgh, Pa. and is an enhanced version of the Capability Maturity Model that integrates various models to reduce the redundancy and complexity. This model allows organizations to increase their customer focus and improve performance in delivery management. The benefits of using CMMI® models enable organizations to explicitly link management and engineering activities to their business goals, strengthen the software engineering processes, increase the visibility into the product life cycle and incorporate the lessons learned from completed engineering activities to ensure that the product or service meets customer expectations.

In a related announcement, Pyramid Consulting announed earlier this year its move to a state-of-the-art software development center in New Delhi, India. The new 20,000 square foot facility has a seating capacity for 300 employees and was designed specifically to meet the growing demands of our customers' offshore business needs. The company's continued geographic expansion further demonstrated Pyramid's brick and mortar as well as human capital investments in IT consulting, services and software offerings.

Using a global delivery model, Pyramid drives a 24x7 operation with U.S. and India staff working in tandem to provide round-the-clock delivery capabilities to international customers. Leveraging this anytime, anywhere model, Pyramid consistently delivers projects in less time and at significant cost savings by combining onshore and offshore capabilities. This model also offers control over projects and IT solutions to assure greater system reliability at lower cost.

Through a high degree of automation and knowledge differentiation on technology stacks, development life cycles and business process specialization, Pyramid is poised to handle the exploding volume of outsourced software projects that are being pursued by organizations focused on internal efficiencies and cost-saving strategies. The company’s worldwide professionals assist clients to enhance their investment in IT initiatives by providing solutions when and where they are needed – onsite, offsite and/or offshore.

In addition to CMMI Leve 4 Certification and its recent global expansion, Pyramid Consulting has been nationally recognized for its business leadership and entrepreneurial spirit. In addition to the NMSDC National Supplier of the Year award, Pyramid Consulting was also raned in 2005 as 63rd among the nation's 100 top minority-owned businesses in Minority Business News Magazine 100 and was recently ranked the 15th fastest growing private company by the Atlanta Business Chronicle in 2006. For more than a decade, Pyramid has experienced ten years of consistent growth in customer base, revenue, job creation and employment. Clients include both Fortune 500 as well as mid-sized growth companies.


About Pyramid Consulting : Headquartered in Atlanta, Pyramid Consulting, Inc., provides IT consulting, customized software development, staff augmentation and business process outsourcing services to Global 1000, government, and mid-sized corporations. The company assists IT organizations in achieving operational efficiency by providing a full range of consulting and staffing services for the banking, finance, telecommunications, retail, logistics and healthcare industries. We measure our success through increased customer satisfaction, retention and value delivered.
For more information, visit Pyramid Consulting at www.pyramidci.com
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