Systems America, Inc. Changes Name to Cloudeeva, Inc.
PLEASANTON, Calif., March 21, 2013 (GLOBE NEWSWIRE) -- Systems America, Inc.
(OTC:SYAI) ("Systems America" or the "Company"), a premier provider of cloud
computing and information technology solutions, is pleased to announce that it
has changed its corporate name to Cloudeeva, Inc. ("Cloudeeva") or the
"Company"). The Company will also apply for a new ticker symbol with FINRA
that will be announced shortly and is currently in process of launching a new
corporate website at http://www.cloudeeva.com.
The new name reflects the Company's increasing focus on providing
cloud-enabled information technology and consulting services that enable
organizations to fully leverage the potential of Cloud, Mobility,
Infrastructure Management, Business Intelligence, Data Warehousing and Big
Data to advance their operational and strategic objectives.
"Cloud computing is driving a new cycle of investment in information
technology as enterprises seek to capture the benefits of reduced
infrastructure, software and maintenance costs coupled with advances in
business intelligence and mobile computing," said Adesh Tyagi, Chairman & CEO
of Cloudeeva. "Spending on cloud computing increased by 20% in 2012 to $109
billion, according to Gartner, and increasingly customers are interested in an
integrated approach to help them achieve the greatest return on that
"Industry giants including Amazon Web Services, Rackspace and Verizon
Terremark are offering enterprise solutions as a whole new paradigm as to how
to store and access data. Cloud-enabled software models including those from
Concur Technologies, IBM Cloudburst, Salesforce.com, Oracle Taleo Cloud
Service and Workday are transforming the way in which companies access
critical business data while dramatically reducing software and maintenance
costs," continued Adesh Tyagi.
"Our new name, Cloudeeva, consists of two discrete words. The 'cloud' portion
reflects our growing expertise in cloud computing and connectivity, a huge
market and one where we are uniquely positioned. 'Deeva' is a mythological
term that means 'celestial' or 'shining'. When we put the two words together,
it conveys our intent to illuminate the cloud space for our customers and to
do so with genuine passion," continued Adesh Tyagi.
"As a name and brand, Cloudeeva truly captures our presence in the cloud,
mobility and IT solutions space. We are currently implementing a new branding
strategy which will bring together the company's diverse offerings as well as
integrate all of our recent and pending acquisitions under the Cloudeeva
brand," said Adesh Tyagi.
As part of its rebranding strategy, the Company has introduced a new corporate
logo that conveys Cloudeeva's cloud-based smart computing industry solutions
capabilities. Also, Cloudeeva's new website, www.cloudeeva.com, promotes the
brand and provides a comprehensive overview of the Company's capabilities.
Cloudeeva's information technologies solutions cover the cloud computing,
social media, mobility, infrastructure management, big data, business
intelligence and data warehousing segments.Cloudeeva offers a unique value
proposition that integrates complex IT solutions for a diversified array of
customers with effective economics due to offshore innovation and service
centers.Cloudeeva's 640 employees serve all verticals across all domains with
a global client footprint that includes North America, South Asia, the Middle
East and North Africa.
Cloudeeva maintains two offshore Global Cloud Delivery Centers focused on
cloud & mobility development, solutions and support for Fortune 500 Clients
and is a certified partner for leading companies including salesforce.com, SAP
and Oracle. Cloudeeva also has a track record of supporting cloud-based IT
strategies and deployments for a wide range of enterprise customers including
Jefferies, Symantec and Tibco Software, to name a few.
"As Cloudeeva, we are better positioned to build a brand that will support our
expanded services offerings and identify us as a true cloud innovator," said
Adesh Tyagi, Chairman & CEO of Cloudeeva. "With our recent acquisition of
Bartronics America and a pipeline of additional acquisition targets, our
vision is to become a global leader in the cloud, mobility, IT infrastructure
management, big data, data warehousing and business intelligence market
focused on integrated solutions and services."
Cloudeeva is a premier provider of diversified cloud computing and information
technology solutions to commercial and government clients worldwide. Cloudeeva
has US locations in New Jersey and California, and overseas offices in
Singapore and India. Cloudeeva delivers superior cloud computing, mobility,
infrastructure management, business intelligence and data warehousing services
and integration services to hundreds of clients worldwide. Cloudeeva is
headquartered in Pleasanton, California, United States. For additional
information about Cloudeeva, please visit http://www.cloudeeva.com.
Forward-Looking Statements and Safe Harbor Statement:
The information provided herein may include forward-looking statements. These
forward-looking statements may be identified by the use of terms and phrases
such as "anticipates," "believes," "can," "could," "estimates," "expects,"
"forecasts," "intends," "anticipates", "may," "plans," "projects," "targets,"
"will," and similar expressions or variations of these terms and similar
phrases. These forward-looking statements are largely based on our current
expectations and projections about future events and financial trends
affecting the financial condition of our business. Such forward-looking
statements include, without limitation, projections about our possible future
results, statements about our plans, strategies, business prospects, changes
and trends in our business and the markets in which we operate. Additionally,
statements concerning future matters such as new business models, new
products, product enhancements, new technologies, sales levels, expense levels
and other statements regarding matters that are not historical are
forward-looking statements. Management cautions that these forward-looking
statements relate to future events or our future financial performance and are
subject to business, economic, regulatory and other risks and uncertainties,
both known and unknown, that may cause actual results, levels of activity,
performance or achievements of our business or our industry to be materially
different from those expressed or implied by any forward-looking statements.
There is no certainty or assurance that any prospective events referenced as
forward-looking statements will be achieved. The Company undertakes no duty to
provide updates with respect to matters disclosed in this press release.
© 2013Cloudeeva, Inc. All rights reserved. Other brands featured herein may
be trademarks of their respective owners.
CONTACT: Cloudeeva, Inc.
CCG Investor Relations
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