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Media Contact
If you are a member of the media or an industry analyst and need additional information about SGT, please contact:

For US and Europe: media@sgtglobal.com
For India: mediaindia@sgtglobal.com  

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For more information about how your company can benefit through the SGT flexible and innovative KPIM Services, please contact us @ info@sgtus.com

 
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2007 | 2006
 

SGT Recognized for Rapid Year-over-Year Growth In Houston Business Journal Fast Tech 50 Competition [November 16 2007]

Getting a feel of the Indian economy [November 08 2007]

Information technology could play significant role in producing oil and gas [September 23 2007]

SGT Investing $8 m for further expansion [August 13 2007]

 

SGT to Open New Offices - News Today [August 3 2007]

SGT to expand to Bangalore - Deccan Chronicle [August 1 2007]

SGT to set up centre at Bangalore - Chennaionline.com [August 1 2007]    [Video]

SGT Accelerates Launch in Europe for a Wide Range of Engineering Services [July 18 2007]

SGT’s Focus on Europe - Professional Europe Goes Global
European CEO Magazine, Page 172 – 173, May-June 2007 Issue

SGT Achieves Extraordinary 250% Year-over-Year Growth [May 23rd 2007]

 SGT Sponsor and Exhibitor at European Supply Chain & Logistics Summit, Germany 2007 [May 21-22]


SGT Recognized for Rapid Year-over-Year Growth In Houston Business Journal Fast Tech 50 Competition

Houston, Texas – November 16, 2007 - SGT, a leading Knowledge Process Innovation and Management (KPIM) services provider, announced today that it has been ranked seventh in the Houston Business Journal’s Fast Tech 50 competition. SGT was recognized for its rapid revenue growth in its 2006/2007 fiscal year.

“Being named as a Fast Tech 50 company is a great honor for SGT employees and a testament to their talent and dedication as well as our innovative approach to professional services,” said Kumar Bashyam, CEO and Founder, SGT. “Since SGT was founded in mid-2003 with five employees and one anchor customer, the company has grown dramatically and now includes more than 500 employees worldwide and more than 45 global customers. Our current projections are that SGT will continue its pattern of growth through 2010.”

The Fast Tech 50 Awards were presented to the 50 fastest growing Houston area based high-tech businesses at an awards ceremony. To qualify for the Fast Tech 50 award, companies must be headquartered in the Houston region and earn at least 51 percent of their consolidated revenue from designing, developing and/or manufacturing technology products or services.

About SGT:

SGT is a leading Knowledge Process Innovation & Management (KPIM) service provider, delivering Global Excellence (GE) to Small and Medium Enterprises (SMEs). Our global clients achieve profit with speed, innovation, managed cost and reliability. Our unique KPIM service framework is the key to helping our customers optimize operating costs and maximize revenue and profitability. SGT's KPIM service framework includes Information Technology Services, Business Process Services, Engineering Process Services and Sales & Marketing Services. SGT has more than 500 employees worldwide and offices in the U.S., Europe and Asia. Allied Capital, a leading business development corporation (NYSE: ALD), is a minority investor in SGT Inc. For more information, please contact www.sgtglobal.com or call 1.713.979.3975.

Media Contact:
Usha Dasari
Director of Marketing & Communications
Symcon Global Technologies Inc. (SGT)
Ph: 630.922.6995
media@sgtglobal.com

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SGT to Open New Offices - News Today [August 3 2007]

SGT India Pvt Ltd, a global provider of knowledge services, would set up new centres in banglore and chennai taking the number of indian offices to five by end of the current year.

The company has plans to double its head count to thousand plusto meet its client requirements.SGT has recently entered into an agreement to provide technical services to Mines and Metals Engineering (MME) GmbH, aGerman firm. the chennaibased SGT had so far invested $4 million to scale up its Indian operations.'We have registered an growth of 250 percent in the last fiscal.With addition of one lakh sq ft of office space from our proposed centres in Banglore and Chennai,we are confident of rapid growth in the coming years,'said Kumar Bashyam,founder-CEO,SGT India Pvt Ltd.

Within the IT services,the company focused on delivering value-based solutions through speed, cost and quality advantages mostly to the SMEs in the software sector,Bashyam said.

Commenting on the agreement with German firm, Louis Hendriks, executive partner - Europe, SGT India,said the engineering services had contributed most to the company revenues.'The segment makes us a niche player in the process services.Being selected by MME as their India partner for steel projects is a defining moment for the Engineering Process Services of SGT,'he said.

At present, the company was on expansion mode which was crucial to meet the demands of its clients globally. 'It becomes imperative for us to have the best talent in the industry working for us.We offer the best in work environment and all our branding and marketing initiatives are focused to attract the best resources in the industry,'informed Usha Dasari,director,Marketing,SGT India Pvt Ltd.

The company has nine offices in US,Europe and Asia with over 500 employess. With offices in chennai and Bangalore, SGT provides its expertise to various companies in oil and natural gas,software,construction and financial services.

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SGT to expand to Bangalore - Deccan Chronicle [August 1 2007]

SGT India, a leading knowledge process innovation and management service provider,on Wednesday announced plans to expand operations by setting up its fourth centre in Banglore. The company would increase its headcount from 500 to 1,000 in the current year.

SGT India, a leading knowledge process innovation and management service provider,on Wednesday announced plans to expand operations by setting up its fourth centre in Banglore. The company would increase its headcount from 500 to 1,000 in the current year. "We have already invested over $4 millions in india and era palnning to invest another $8 millions in scaling up our operations," said Mr.Kumar Bashyam,founder and CEO of SG India.

He said the company has entered into an agreement to provide engineering services to a leading German engineering company,Mines and Metals Engineering GmbH (MME).As part of the agreement,the company would provide detailed engineering services for MME's proprietary process technology for direct reduction of iron ore plants.

He said:"SGT has a pioneer in engineering process services,identifying the impending 'big crew change' facing the global oil and gas industry.SGT has taken the lead in addressing the large market oppprtunity".

Within IT services the company would focus on delivering global excellence - speed, cost and quality advantage - reliably to SME software companies.

"The company will address varying complex challenges of the diverse set of SME software companies, enabling them to achieve sustainable business model that defines the core of these companies," he added.The company,in which Allied Capital had invested $3.6 million,expects strong growth pace in the coming years.

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SGT Accelerates Launch in Europe for a Wide Range of Engineering Services

SGT Accelerates Launch in Europe with Contract to Provide MME with a Wide Range of Engineering Services

Houston, Texas and Dusseldorf, Germany – July 18, 2007 - SGT, a leading Knowledge Process Innovation and Management (KPIM) services provider, announced today that it has signed a contract to provide engineering services to Mines & Metals Engineering (MME) GmbH, a leading German engineering company.

As part of the agreement, SGT will provide detailed engineering services for MME’s proprietary process technology for Direct Reduction of Iron Ore (DRI) plants.

“Selection by MME as their India-leveraged engineering design partner for complex steel projects is a defining moment in the history of SGT’s Engineering Services,” said SGT Founder and CEO Kumar Bashyam. “Being a Germany-based company, MME will accelerate the growth of our business in Europe.”

“The engineering skills of the SGT team and their commitment to make supporting our business a high priority gives us the confidence that the relationship will be long-term and mutually beneficial,” said Kourosh Bana Behbahani, Managing Director, Mines & Metals Engineering GmbH. “SGT is the right partner to work with us to fulfill our corporate vision.”

SGT will provide detailed engineering services for key process equipment such as the reactor, reformer assembly, seal gas system, cooler, after cooler and mist eliminator, cooling gas scrubber, supporting structures and other equipment.

SGT’s portfolio of Engineering Process Services includes all aspects of engineering with a special emphasis on the detailed engineering skills that are essential to a successful project, but often in short supply. The company’s staff of several hundred highly trained engineers at facilities in India is linked with network capabilities and business processes to the SGT engineering experts who work at customer locations worldwide.

SGT developed its Knowledge Process Innovation and Management services framework to give clients the ability to design, manage and execute information technology, business process management and engineering services that deliver predictable performance improvements. Customers leveraging the KPIM services framework also have access to SGT sales and marketing support to ensure their products and services are well received in the marketplace.

About SGT:

SGT is a leading Knowledge Process Innovation & Management (KPIM) service provider, delivering Global Excellence (GE) to Small and Medium Enterprises (SMEs). Our global clients achieve profit with speed, innovation, managed cost and reliability. Our unique KPIM service framework is the key to helping our customers optimize operating costs and maximize revenue and profitability. SGT's KPIM service framework includes Information Technology Services, Business Process Services, Engineering Process Services and Sales & Marketing Services. SGT has more than 500 employees worldwide and offices in the U.S., Europe and Asia. Allied Capital, a leading business development corporation (NYSE: ALD), is a minority investor in SGT Inc. For more information, please contact www.sgtglobal.com or call 1.713.979.3975.

About MME:

Mines & Metals Engineering (MME) GmbH provides engineering services for iron mines, iron making companies, steel manufacturers and rolling mills. MME activities range from feasibility studies, engineering services, training, technical assistance and project management to execute turn-key projects including engineering, procurement, construction, commissioning, start up and operation of plants. Formed in 1996 as a subsidiary of ASCOTEC GmbH, the company is based in Dusseldorf, Germany. For more information, please visit www.mme-co.de

Media Contact:
Usha Dasari
Director of Marketing & Communications
Symcon Global Technologies Inc. (SGT)
Ph: 630.922.6995
media@sgtglobal.com

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SGT Achieves Extraordinary 250% Year-over-Year Growth

Small and medium enterprises drive profits, lower costs and cut cycle time by leveraging SGT’s unique Knowledge Process Innovation and Management services and Driving Global Excellence business model

Houston, Texas - May 23, 2007 – SGT, a leading Knowledge Process Innovation and Management (KPIM) services provider, announced today that its revenue increased by 250 percent in its 2006/2007 fiscal year. In the year ending March 31, more than 45 small and medium enterprises throughout the U.S. and Europe leveraged SGT’s innovative Driving Global Excellence (DGE) business model to lower costs, cut cycle time, drive innovation and improve customer service.

Serving oil and gas, engineering, construction, software and financial services companies, SGT delivers high value knowledge process professional services by leveraging its global delivery centers to drive customer specific global excellence in key performance indicators (KPIs) including cycle time, costs, innovation and customer satisfaction.

“Our customers consistently tell us they have been able to get faster and better ROI from their outsourcing initiatives because of the unique way SGT leverages experienced professionals in the U.S. and Europe with highly skilled resources in low cost countries,” said SGT Founder and CEO Kumar Bashyam. “In this age of the flattening world, we are ensuring that our customers are leading the globalization trend rather than becoming a victim. Given that many of them are Small & Medium enterprises, our impact is significant.”

One customer whose business has benefited from SGT support is FuelQuest, Inc., a leading on-demand software and services company for the downstream energy industry. “SGT has not only enabled FuelQuest to manage costs through strategic offshore services, it has helped drive revenue by giving FuelQuest global business process outsourcing and sales and marketing capabilities,” said Kirt A. Scott, senior vice president and chief technology officer, FuelQuest, Inc.

Commenting on the support his company has received from SGT, Joe Ruef, co-founder and chief executive officer of Verical said, “As a US-based start-up competing in a dynamic global market, Verical needed to build a world-class Service delivered quickly on a lean budget. SGT has not only given us the world-class skills and speed we need to grow, but has given us the cost advantages of outsourced development and the flexibility to stay one step ahead of the market."

"We reviewed a number of investment opportunities in Indian companies before selecting SGT," said Britt Thomas, Principal, Allied Capital, a minority investor in SGT. "We felt SGT provided a strong value proposition and the opportunity to help our other portfolio companies succeed by leveraging SGT's expertise in IT, Business Process Outsourcing, Engineering, and Sales and Marketing. The company has built a unique platform with a loyal customer base. We believe the company is well positioned to become a sought after organization serving the middle market business sector."

SGT developed its Knowledge Process Innovation and Management Service framework to give clients the ability to design, manage and execute information technology, business process management and engineering services that deliver predictable performance improvements. Customers leveraging the KPIM Service framework also have access to SGT sales and marketing support to ensure their products and services are well received in the marketplace.

About SGT:

SGT is a leading Knowledge Process Innovation & Management (KPIM) service provider, delivering Global Excellence (GE) to Small and Medium Enterprises (SMEs). Our global clients achieve profit with speed, innovation, managed cost and reliability. Our unique KPIM service framework is the key to helping our customers optimize operating costs and maximize revenue and profitability. SGT's KPIM service framework includes Information Technology Services, Business Process Services, Engineering Process Services and Sales & Marketing Services. SGT has more than 500 employees worldwide and offices in the U.S., Europe and Asia. Allied Capital, a leading business development corporation (NYSE: ALD), is a minority investor in SGT Inc. For more information, please contact www.sgtglobal.com or call 1.713.979.3975.

Media Contact:
Usha Dasari
Director of Marketing & Communications
Symcon Global Technologies Inc. (SGT)
Ph: 630.922.6995
media@sgtglobal.com

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