Cleverlance and Brain Systems today announced that they’ve concluded an agreement on their merger and on the integration of their product portfolios into a software solution offer for clients in the financial, telecommunication, government and other sectors. The reason for the merger of the two companies is their similar orientation, mutually supplementing products and customer groups. The new company’s stronger position will facilitate the development of services provided to customers and further expansion on foreign markets. The aim is to become one of the major suppliers of IT services and software in the region.
“The merger with Brain Systems is the result of several months of preparation and consideration on how to best strengthen Cleverlance’s position on the market,” said Dobromil Podpěra, Cleverlance's Managing Director. "It‘s a logical step that arises from compatible product portfolios and similar corporate cultures, which makes the integration of Brain Systems and Cleverlance that much easier.
Brain Systems will be incorporated to the Cleverlance organizational structure over the course of December 2005 and January 2006. Jakub Dadák, the hitherto CEO of Brain Systems will head the project of merging the two companies. The company will continue to go by the name Cleverlance, and all Brain Systems products will be preserved and further developed under a new brand. Nothing changes for customers of Brain Systems and Cleverlance, except for an expanded portfolio of products and services and a change of name in the case of Brain Systems.
“Cleverlance was always a reliable partner whom we were happy to work with. This was a major factor in deciding on the merger of the two companies,” said Jakub Dadák, CEO of Brain Systems, who will hold the position of Integration Manager at Cleverlance. “We truly believe that this step will bring new opportunities to Brain Systems employees and enable us to penetrate new markets with our products."
The merger with Brain Systems enables Cleverlance to significantly strengthen its J2EE and .NET developer divisions. It also solidifies its dominant position as a developer of applications on a J2EE platform. The divisions of functional analysts, architects and project managers will be expanded considerably. The new Cleverlance thus improves its ability to supply more extensive projects and turnkey solutions. Brain Systems also enriches Cleverlance with its advanced system of outsourcing IT systems for its customers, including its extremely effective HelpDesk services and technical support.
Both companies have collaborated on major projects for some time now – for instance, on projects for Česká pojišťovna and GPE (formerly MUZO). The expected consolidated turnover of Brain Systems and Cleverlance for 2005 is CZK 300 million. The total number of employees at year’s end will approach 260. As of January 1, Cleverlance will have a total of four branches. In addition to its Bratislava, České Budějovice and Olomouc branches, Cleverlance will also have a new branch in Brno following its merger with Brain Systems.
As of Jan 1, 2006, we will operate on the market as a single entity under the name Cleverlance with the following contract address:
CLEVERLANCE
European Business Center
Dukelských hrdinů 34
170 00 Prague 7
www.cleverlance.cz
business@cleverlance.cz
Tel.: +420 266 177 166
Fax: +420 266 177 155
About Cleverlance
Cleverlance is a leading Central European supplier of open multi-tier solutions, providing comprehensive services for the implementation, development and maintenance of financial, telecommunication and eGovernment systems. Cleverlance’s aim is to support customers’ business processes and to implement as quickly as possible an application infrastructure that will smoothly react to newly arising business needs. Cleverlance’s team consists of over 220 specialists. In 2004, Cleverlance’s year-on-year turnover increased by 133%. According to Deloitte’s “Technology Fast 50” ranking, Cleverlance became the fasting growing Czech IT company ever in Central Europe.
More information on the company can be found at www.cleverlance.cz
More information on the Cleverlance Education Center can be found at: http://www.cleverlance.cz/cz/Skoleni/
About Brain Systems
Brain Systems is a leading software company providing customer solutions in the form of projects for mid-size and large customers in the Czech Republic and abroad and specialising in corporate portals, business applications, CRM, reporting and specialised information systems. Their solutions, featuring technically advanced controllability and prepared to meet their customers specific needs, provide companies with a strategic advantage. Brain Systems solutions are used by companies such as GE Money, ING, Česká spořitelna, Česká pošta, Credit Suisse, Tiscali, Homecredit, Czech Agriculture and Food Inspection Authority, Minolta and Sodexho PASS in 7 countries. Deloitte&Touche ranked Brain Systems three times in a row among the 50 fastest growing technology companies in Central Europe. Brain Systems was founded in 1995 and has registered offices in Brno and Prague. For more information see www.brainsystems.cz.
Contacts:
Radek Kubeš
PR agentura Virklis
Radek.Kubes@virklis.cz
Mobil: +420 777 728 084
Jana Kulísková
PR agentura CoLin
jana.kuliskova@colin.cz
tel. +420 283 890 139
Alice Červinková
PR Manager
Cleverlance s.r.o.
Cleverlance Slovakia s.r.o.
Alice.Cervinkova@cleverlance.com
Mobile: + 420 777 929 426
www.cleverlance.cz
www.cleverlance.sk