Mantra Technologies to Deliver Cloud Computing Solutions to Insurance

Company

Mantra Technologies, an SaaS and product development company based in Alpharetta GA, today
announced a new partnership with a leading Auto Insurance company from Atlanta to build next
generation SaaS based solutions for its customers.

Alpharetta, GA, September 16, 2010 --(PR.com)-- Mantra Technologies, an SaaS and product
development company based in Alpharetta GA, today announced a new partnership with a leading Auto
Insurance company from Atlanta to build a next generation SaaS based solutions for its customers.

Under this partnership, Mantra Technologies will deliver a complete re-write of an older system, which is
the insurance company's core application. The new solution will be developed with Mantrasys's mSource
methodology and will cover all phases of the SDLC. Mantra's global team will collaborate very closely
with the client's local team to develop a user friendly, intuitive cutting edge application. The new
application will include features such as Customer Relationship Management, add-on sales, real time
access to outside interfaces, Dashboards and graphs, Reports and Business Analytic, etc.

"We are very excited about this partnership. This partnership is direct result of Mantra's focus and
offerings designed for SMBs," said Hemant Panse, CEO of Mantrasys. "Our SMB clients find Mantra's
value proposition unbeatable in terms of cost, turn-around-times and quality. Larger service providers
cannot match our value because of their overheads and non-practical scale of economics. On the other
hand, with changes in business environment, offshore-only companies cannot deliver to US customers
directly because of their location and lack of understanding of customer requirements. Mantra bridges this
gap by providing quality consulting, proximity, working very closely with its customers and delivers
superior results through strategic partnerships."

Mantra Technologies has successfully implemented many software and custom application development
projects in Banking and Financial Services sector. Mantra teams have many man years of experience in
developing complex accounting applications. Many of applications that Mantra has developed use latest
technologies such as .NET, web services, SSRS, Data ware housing, SaaS and cloud computing. Within
BFSI, Mantra has deeper domain knowledge and experience particularly in - Collection Software, EDI
Exchanges, Data Mappings and interfaces, Formats and translation, Accounting, Reporting, Legal custom
software for attorneys, Highly secured, SAS70 compliant apps, Reports and BI, Custom Reports and
Dashboards, Data mining, integration and transformation, Quality Metrics, Scorecards, Benchmarks.

Mantra's approach to Strategic Outsourcing is relationship based, technology oriented, delivery focused
and knowledge centered. The underlying philosophy speaks for enhancing value and ensuring customer
delight. It is this philosophy and the commitment of Mantra's management that has resulted in enticing
diverse organizations enters into long-term partnership with Mantra, and thereby successfully reaping the
consequent rich rewards. The value addition and strategic advantages derived out of this outsourcing
partnership with Mantra is well recognized by organizations.

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- An integrated service when it comes to offshore strategic outsourcing. It acts as a one-stop-shop for all
the customers' requirements.
- Choice of delivery and pricing models that suit the customers' requirements.
- Performance based contracting, ensuring mitigated risks to the customers.
- Accountable to the customers and always delivers what is promised.
- Cultural diversity necessary for successful outsourcing. Well positioned from technology perspective,
understands IT and business goals, share values, and information the same way the customer does.
- Believes in creating and protecting IP (Intellectual Property) of its clients with strong commitment.
- State-of-the-art infrastructure with business continuity and disaster recovery mechanism that reduces the
risk of its customers substantially. The risks & threats are mitigated with the help of Usage &
Administration Guidelines, Security Policies & Procedures, Backup Policies & Procedures, Emergency
Procedures, Regular Maintenance, and System Audits.

For further information about Mantra's BFSI solutions, contact:

Christine Summers, VP - Projects
MantraSys
2650 Holcomb Bridge Road, Suite 650
Alpharetta GA 30022
Phone: 678 743 1120
web: http://www.mantrasys.com/solutions/financial-banking-solutions.htm
email: christine@mantrasys.com

About MantraSys:
Mantra Technologies is IT consulting company based in Alpharetta, GA with a Global delivery center in
Pune, India and partner delivery centers in Cebu, Philippines . Mantra offers wide range of end-to-end
Software Development, Software QA and Project Management solutions specifically targeted for small
and mid-sized businesses. For more information please contact christine@mantrasys.com or call 678 743
1120.

###

Mantra Technologies is a technology company, based in Alpharetta GA, at core and strives to remain that
way. Mantra's mission is to deliver world class technology and product development solutions to small
and mid size businesses in USA.

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Contact Information:
Mantra Technologies
Christine Summers VP
678 743 1120
christine@mantrasys.com
www.mantrasys.com
2650 Holcomb Bridge Road
Suite 650
Alpharetta GA 30022

Online Version of Press Release:

You can read the online version of this press release at: http://www.pr.com/press-release/262737

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