2006 - Press Releases

Corpus Inc aquires Recreate Solutions.

Dallas, TX; London, UK and Mumbai, India - May 24, 2006 - Recreate Solutions, recognised as one of the fastest growing companies in the media and entertainment industry and known for providing a range of outsourcing models within the convergence sector, has signed a definitive agreement to be acquired by Dallas based Corpus, Inc., a provider of domain specialised technology services firm in the banking, financial services and telecommunications industries. Corpus, with a proven capacity for global delivery, has numerous Fortune 100 clients across the Telecom, Finance, and Media sectors.

Corpus has expanded its presence in the Media & Entertainment sector with the acquisition of Recreate.Solutions.

Recreate Solutions, a venture-backed company founded in 2001, has grown steadily, earning a reputation for delivering quality solutions cost effectively to its clients across Europe, the Americas and Asia. The company has worked across such emerging domains as Interactive Television, Mobile and Broadband and IPTV, and is well-recognised within the convergence industry.

"The interactive media industry is maturing across platforms. It is consolidating around companies that have viable cost structures and revenue streams that generate healthy margins. Outsourcing of non-core technology functions is a proven method to increase profitability. Recreate Solutions is focused on providing high quality outsourced solutions that add value to clients in our service segment: Digital Interactive Content. Under the Corpus banner we will now we able to take our solutions to Corpus’s Fortune 100 client base." said Bhaskar Majumdar, CEO, Recreate Solutions.

“We are pleased and excited to welcome Recreate into our corporate family,” said Corpus CEO Sachin Tummala, who noted that Recreate was one of the fastest growing companies in this space. “We acknowledge the important role of technology in enabling the distribution of content over disparate channels. Recreate has mastered the fields of Mobility and Interactivity to help its customers in providing best-in-class services. Recreate sells on the basis of competency and has offshore at the central theme of delivery – both aspects of what we are trying to reinforce in Corpus."

About Corpus

Corpus Inc. is a CMM 5 certified high growth company based in Dallas, Texas, USA. We are focused on delivering high-impact, high value Business Consulting services, and Technology and Outsourcing solutions in three primary industries: Converged Communications Markets, Global Financial Markets and Emerging Markets. The primary driver behind our growth is our committed client base that includes twenty of the Fortune Global 100 companies.

For more information regarding this news item, please contact:

USA: Will Yan ( will.yan@corpus.com , +1 617 513 2580)
Europe: Mehboob Siddique ( mehboob.siddique@corpus.com , +44 7917 171 546)
India: Mohan Subrahmanya ( mohan.subrahmanya@corpus.com , +91 9900 24 54 24)