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Avineon Marks Fifteenth Anniversary with Global Expansion
Sep 17, 2007 (08:09 AM EDT)


ALEXANDRIA, Va., Sept. 17 /PRNewswire/ -- Avineon, Inc., a successful provider of IT, engineering, geospatial and program management services, today announced the company has reached an important milestone, marking more than fifteen years of delivering IT services and solutions to government and commercial clients. The company's success and longevity stems from a solid track record of providing outstanding value by applying innovative approaches, skilled people and disciplined processes.

Since its inception in 1992, Avineon has built a customer base of more than 250 clients across federal, state and local government agencies and commercial clients including large utilities and process, power and offshore companies. The company has grown at a rate of more than 30 percent over the past five years and is on track to exceed that rate in 2007.

"Avineon has grown rapidly over the past 15 years due in large part to our commitment to understanding customer needs and providing innovative services," stated Karlu Rambhala, president and CEO of Avineon. "Our expansion into the Middle East and Asia Pacific markets will make significant contributions toward Avineon's continued growth."

Avineon plans to invest significantly in its existing India-based subsidiary located in Hyderabad, Avineon India Private Ltd. (AIPL), to construct new offices. AIPL is expected to grow by 60 percent over the next year and the company will increase its employee base by 800 to accommodate growth. Avineon is also looking at opening additional India facilities in Visakhapatnam and Kakinada as well as expanding its overseas centers to include Dubai, Australia and New Zealand. This growth is driven by recent large new client wins, including a multi-million dollar deal with a U.S.-based oil and gas utility, among other new and repeat U.S. and European clients.

The company has also expanded its service offerings over the past year to better meet customer needs. This includes the formation of a formal Business Process Management (BPM) practice group to focus on the planning, implementation and support of BPM tools and methodologies. Avineon also launched a Commercial IT Services division to focus on meeting the needs of its strong commercial client base including large electric, gas, water and telecom utilities. The company's Geospatial and Engineering Services division recently created a Technical Solutions Group (TSG) to deliver highly specialized geographic information systems (GIS) consulting and application development services in addition to geospatial services the company has provided for several years.

Avineon has been recognized for its growth and innovation, receiving the Virginia Chamber of Commerce's Fast 50 award and being named to Washington SmartCEO's Future 50 in addition to appearing on lists including Washington Technology's Fast 50 and the Inc. 500.

About Avineon

Avineon, a CMMI Maturity Level 3 and ISO 9001:2000 registered company, is a diversified high technology company that provides information technology (IT), geospatial, engineering and program management services. With headquarters in Alexandria, Virginia, and offices in Alabama, Florida, Indiana and Virginia, Avineon also maintains subsidiaries in Europe and India. In IT, Avineon specializes in web-based architecture, systems engineering, application development, and on-going network and security support. For additional information please visit http://www.avineon.com .

Press Contact: Company Contact: Kara Schiltz Charles Erdrich DPR Group Avineon, Inc. 919-678-9200, ext. 101 703-671-1900 kschiltz@dprgroup.com

CONTACT: Press Contact, Kara Schiltz of DPR Group for Avineon, kschiltz@dprgroup.com+1-919-678-9200, ext. 101, ; or Company Contact,Charles Erdrich of Avineon, Inc., +1-703-671-1900,

Web site: http://www.avineon.com//