Dallas, Texas (December 13, 2011) – StockGuru Shines its Spotlight on GBS Enterprises Incorporated (OTCBB: GBSX) and its subsidiary Group Business Software (GBS). The Company is a global software and services company specializing in cloud automation, application modernization, as well as offering a comprehensive portfolio of business applications. Yesterday the Company announced it signed Master Partnership Agreement with Plansis to market, sell and support the GBS Transformer throughout Brazil. In addition, Plansis will train, certify and enable its partners throughout Brazil. The Company closed on December 12, 2011, at $1.99, unchanged from its open, and trading on volume of 1,500 shares.
Plansis, who exclusively focuses on IBM software, was named one of the top three IBM Latin American Business Partners for Lotus, and boasts numerous IBM awards. Most recently, one of their Senior Engineers was named an IBM Champion for Collaboration Solutions. The Plansis team is comprised of 50 people, offering support to many of the biggest clients in Brazil.
Companies across Brazil are trying to move their existing applications to the Web so they can take advantage of the Cloud, run on any mobile device, and more easily integrate with other social media based applications. With this agreement, the GBS Transformer provides the catalyst and accelerator, while Plansis provides the expertise to address these challenges in the market amongst some of the largest companies in Brazil. This combination will ensure that Lotus customers achieve their objectives with considerable time and cost savings.
The GBS Transformer provides an advanced software conversion technology coupled with a methodical approach for converting Lotus Notes applications to modern Web 2.0-style XPages applications.
“Plansis is a very strong fit for GBS, and will accelerate our expansion into one of the world’s leading emerging markets, as part of our worldwide channel development strategy,” says Kimberly MacDonald, Director of Strategic Partner Development for GBS. “With 23 years of experience in the Brazilian market, solid experience with IBM and strong existing relationships with key Enterprise companies, we look forward to a successful endeavor bringing GBS Transformer to the market there.”
About GBS Enterprises Incorporated
GBS Enterprises Incorporated (OTCBB: GBSX) is the 50.1% parent company of Group Business Software (GBS), a global software and services company specializing in application modernization and cloud automation. GBS serves to: automate business processes; optimize system & application performance; ensure messaging security & compliance; modernize server-based applications to Web 2.0; and simplify application development & delivery.
Strong customer allegiance paired with a diversified portfolio of powerful business solutions place GBS at the forefront of the market in terms of both revenue growth and profitability. GBS has won many awards for its innovations, as well as resources spanning five time zones.
GBS has over 5,000 customers worldwide with over 4 million users of its products and services. Its North American headquarters is in New York City and its European headquarters is in Frankfurt, Germany. There are over 15 offices throughout North American and Europe.
About Plansis Planejamento E Sistemas LTDA
Plansis is located in Nova Lima, Menas Gerais Brazil. Delivering effective and practical solutions for their customers is a top priority. Plansis provides installation, customization, development, training, support and management for the IBM Lotus suite of products. Since 1988 Plansis has worked to develop and offer the most effective and appropriate information technologies to its customers. Seeking to enhance results, through collaboration, innovation and sustainability, Plansis has created the Essential System; a family of products focused on management process in the Domino environment. Plansis is a Premier IBM Partner in Brazil and has won numerous top awards from IBM in the Latin American market.
Caution Concerning Forward-Looking Statements
This release contains statements that may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.
To get free alerts on this and other similar stocks, please register here:
What is the StockGuru Spotlight?
Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.
StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.
To feature a company in The StockGuru Spotlight please contact the Publisher at firstname.lastname@example.org. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: email@example.com.
Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
John Pentony, Publisher, Stockguru.com
Tel: +1 469 252 3031