Eastman Chemical Company Approves Long-Term Agreement with Intelligroup
Intelligroup Primary Strategic
Partner for ERP and e-Business Application
Services
Edison, NJ (May 4, 2006): Intelligroup
Inc., a consulting, business optimization,
and outsourcing firm serving global
corporations, today announced that
Eastman Chemical Company (NYSE: EMN),
a leading international chemical company,
has extended their contract with Intelligroup
to provide application development
services through 2008. This strategic
agreement extends Intelligroup’s
role as a primary provider of application
development services for Eastman's
SAP applications which support its
operations in North America, Latin
America, Asia Pacific and Europe.
The agreement also establishes Intelligroup
as a provider of application development
services for Eastman's e-Business
applications and other Microsoft related
systems.
Eastman’s SAP system integrates
the company’s business processes
globally and is critical to the
company’s supply chain management
strategy. Intelligroup provides
on-going application development
through a combination of onsite
and offshore resources. Intelligroup’s
Competency Center in Hyderabad,
India provides Eastman with additional
experienced consulting services
that scale to meet the demands of
a global operation.
“Eastman counts Intelligroup
among an elite group of strategic
suppliers of IT services. We value
and rely on Intelligroup’s
in-depth knowledge of SAP and ability
to provide experienced functional
and technical resources, both onsite
and offshore”, said Jerry
Hale, Vice President & CIO,
Eastman Chemical Company. “Intelligroup
helps us drive value from our initial
investment and provides quality
service at a cost effective rate”.
“Eastman Chemical Company
is one of Intelligroup’s most
valued and loyal customers. We underscore
our commitment to continue providing
high value ERP and e-Business development
and support services to Eastman
for many years to come,” said
Vikram Gulati, President and CEO
of Intelligroup. “We are proud
of our strong and growing strategic
relationship with Eastman. It is
an honor and privilege to play a
key role as a strategic supplier
of mission-critical applications
for Eastman and other global customers.”
About Intelligroup
Intelligroup is a vertically led ERP
focused Life Cycle Management partner
serving global corporations as well
as public sector clients. Its proven
Global delivery model has enabled
customers to accelerate results and
reduce costs significantly. With deep
expertise in industry-specific enterprise
solutions, Intelligroup has earned
a reputation for consistently exceeding
client expectations. Intelligroup
develops implements and supports IT
solutions for some of the largest
U.S. school systems and global corporations
including GE, Hershey, Abbott Labs,
Eastman Chemical, Hitachi, and Kimball
International.