Simentra engaged to support UK acquisition for US outsourcing firm practice

In support of UK market entry strategy, Simentra have been assigned to support a leading US outsourcer to seek a potential partner or acquisition as part of their continued international expansion.

San Jose, Bracknell, Belfast, Sydney, Johannesburg 20th February 2005

Simentra Ltd, a company providing a low-risk, cost effective and fast route to the international market for early stage and venture capital backed high-growth technology firms, today announced the appointment by a market leading outsourcer to support the UK expansion plans.

The engagement will involve a direct analysis of the most appropriate type of partner for the Silicon Valley firms growth, having already established a strong offshore presence in India and Phillipines. This part of the company international expansion plan is to meet the client requirements to have an English speaking onshore UK presence to facilitate additional contracts and to support the current UK sales team.

Simentra Technology Sales Business Unit provide a series of meetings to CEOs of potential companies in the desire to reach an amicable partner strategy initially that could mean up to 500 jobs being created in the future under the new brand. Gareth White who will work in conjunction with the international team at Simentra said:

"The emergence of the strong offshore outsourced market is coupled with the need to have an onshore presence that can facilitate client needs in an initial assignment before understanding what elements of a contract can then be transferred to offshore facilities. We are very fortunate to be engaged with such a prestigious market leader in support of their growth"

Simentra international business acceleration model continues to support the promotion of a new range of technology solutions to industry decision makers, analysts and international companies that seek UK expansion as part of their future vision.

About Simentra Ltd

Simentra Ltd is an International Risk Assessment company dedicated to providing intelligent and cost effective solutions to government, private corporations and the emergency services sector. The company Charter Series offers a range of assessment, fusion and training products and services to mitigate the risks associated with modern society and business practice and prepare for associated response protocols. Simentra is a subsidiary of AssetCo PLc in the UK www.assetco.com . Simentra has offices in Belfast (Northern Ireland), London (UK), and Houston (USA).

For more information, please visit http://www.simentra.com/