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CIANT Appoints Jovel Technologies To Represent DataGYM® In Latin America - Friday, January 31, 2003

CIANT executed an agreement with Jovel Technologies, Inc. of Boca Raton, Florida as their representative in Latin America to sell DataGYM® and DataSCOUT™ software solutions with special attention to Brazil, Mexico, and Chile markets.

The President of Jovel Technologies, Efrain Jovel, formerly CIO for Citibank’s Latin American Consumer Division, said, “We are excited about this partnership and the opportunity to represent DataGYM and DataSCOUT solutions to support the growth of the Latin American markets. Currently, we do business and have presence in Brazil, Chile, Colombia, El Salvador, Mexico and Panama. We believe that CIANT’s data management tools have unparalleled market potential in the Americas, across a number of industries including telecommunications, retail and financial services, because of the absence of competitive software that has remarkable quality, price/performance, and flexibility to manipulate, parse, clean, analyze, integrate and manage data with international name and address conventions.”

“Jovel Technologies has a very wide reach into the Latin American market through its unique network of local country partners and its principals have expertise in and a track record of technology-driven business solutions in a number of global companies. This combination was key to our decision to partner them to spearhead our market expansion into the Americas,” said CIANT’s CEO, Anirudha Basu, when asked about the deal.

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All questions and inquiries may please be directed to Sujan.Pandit@ciant.com.