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Maveric Systems partners with Wareef United

BS Reporter  |  New Delhi 

Maveric Systems, Indian software testing company, today announced their partnership with Wareef United, service provider in the banking and insurance verticals in the Kingdom of Saudi Arabia, to offer independent software testing services.

This partnership will enable Maveric Systems to rapidly scale up its operations in Saudi Arabia. Maveric Systems is investing in the Saudi market by ramping up a sales team and expects over $1.5 million in sales from the region over the next 12 months.

Wareef United, will work closely with Maveric to carry Maveric’s offering in software testing to its client base in Saudi Arabia.

Commenting on the partnership Ranga Reddy, Chief Executive Officer, Maveric Systems said: “This partnership with Wareef United is a key milestone in Maveric’s growth path in the Middle East region. Wareef brings rich experience and very strong client base in the banking vertical which happens to be one of the strengths of Maveric.”

“I therefore see a very strong synergy in this partnership. Middle East is an integral part of Maveric’s international expansion plans. We expect Middle East to grow from being 20% of our revenues to 30% over the next 18 months” he added.

Reddy further said, “Through this partnership, we expect to contract three new clients in the Saudi market over the next 6 months.”

First Published: Tue, December 23 2008. 15:03 IST