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Southtech and BRAC signed an agreement to automate 1,000 new branches with Ascend banking system (Version 5)

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Southtech Celebrates Achievement of CMMI Level-3 Appraisal

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Dhaka, December 24, 2008

Press Release

Southtech Celebrates Achievement of CMMI Level-3 Appraisal

Dhaka, 24th December: Southtech Limited celebrated its achievement of the CMMI Level-3 appraisal with much grandeur last night. The party took place at a local restaurant in Gulshan.

Southtechers joined this great event with their spouses in a very festive mood. The program included congratulatory and welcome speeches from the Chairman, MD & CEO, and Program Manager of Southtech Limited followed by a scrumptious buffet dinner. The contribution of each individual member of the Enterprise Process Group (EPG), Appraisal Team Members (ATM), along with Project Managers, Functional Heads, team members & everyone involved was recognized by the top management.

Mr. Syed Maqbul Quader, the chairman of Southtech Limited, delivered an inspiring and motivating speech that clearly showed the ‘future’ for Southtech Limited. He said, “Five years down the road, Southtech Limited will become a truly global ICT company, all we need right now is to be focused towards our target”.

Mr. Syed Mamnun Quader, the MD & CEO of Southtech Limited, put this great achievement into simple perspective by crediting and dedicating it to the entire Southtech family.

“Although initially the CMMI L-3 implementation was undertaken by the top management, it would never have been possible if the entire Southtech team did not take up the responsibilities on their shoulders”, said Mr. B.M. Shahrier, the Program Manager & Head of Enterprise Process Group (EPG) of Southtech Limited.

Overall, this was a great gesture of teamwork and recognition on behalf of Southtech Limited and the Southtechers. Fellow Southtechers believe that this would be only the first such celebration among the many to come in the near future.

About CMMI

The capability Maturity Model Integration (CMMI) of the Carnegie Mellon Software Engineering Institute (SEI) is an internationally recognized standard for assessing software development practices.

About Southtech Limited

Southtech Limited is a consulting house and an ICT solution provider. It is the largest ISO 9001:2000 certified software company in terms of number of employees and countrywide coverage of solutions in Bangladesh.

Southtech specializes in banking and microfinance, retail and wholesale management, enterprise resource planning and human resource management solutions.

Southtech is a Microsoft Gold Certified Partner, an Oracle Partner, an IBM business partner, a Prometric and VUE certified test center and a proud member of Bangladesh Association of Software and Information Services (BASIS).

Southtech is now in the process of refining their initiatives and is already making steady progress towards its goal of achieving CMMI level 5 in the near future.

For more information, please visit www.southtechlimited.com.

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