Docucorp International(R) (Nasdaq:DOCC), a leading provider of Customer Communication Management (CCM) solutions, today announced an agreement with Virtusa Corp, a global software development and IT services firm. As part of the agreement, Virtusa will supplement Docucorp's full-time development staff to further enhance the innovative Web-based portal used by Docucorp's business process outsourcing customers. In addition, Docucorp will leverage Virtusa's considerable financial services expertise to deliver tailor-made, cost effective business solutions to the wealth management market at a more aggressive pace. "By leveraging Virtusa's global breadth of systems integration and consulting experience, we will be able to increase Docucorp's business agility," said Bruce Dale, senior vice president, products, Docucorp International. "This agreement will allow us to take advantage of their global technology best practices, domain knowledge and offshore cost differentials to accelerate the time-to-market of our application development and strengthen our around-the-clock support." "We are honored to be closely aligned with the industry leader in Customer Communication Management solutions," said Virtusa chairman and chief executive officer Kris Canekeratne. "With our deep experience in software product development and our Productization(R) approach to software platforming efficiencies for ISVs and financial services clients, we are confident Virtusa will be able to add a measurable impact to Docucorp's business, both in its product development and its customer implementation services." About Virtusa Virtusa is a global provider of software development and IT services to Fortune 1000 enterprises and leading software product vendors in the financial services, communications, retail and high technology industries. Virtusa helps its clients improve their business agility and IT efficiency by building, integrating, testing, and supporting software platforms tailored exclusively to meet the client's needs. Founded in 1996 and headquartered in Massachusetts, Virtusa has offices and technology centers throughout the U.S., U.K. and Asia. For more information, visit www.virtusa.com. About Docucorp Docucorp markets Customer Communication Management (CCM) solutions via a portfolio of information software, business process outsourcing and professional services, which enables companies to create, publish, manage and archive complex, high-volume, personalized information in-house or fully outsource to Docucorp. The company has an installed base of more than 1,300 customers, including some of the largest insurance, utility, financial services and health care organizations. Headquartered in Dallas, Docucorp has facilities in Atlanta; Silver Spring, Md.; Bedford, N.H., and London, as well as an international presence in the Benelux, Switzerland, Central and Eastern Europe, Middle East and Africa regions. Certain information contained in this news release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, included herein are forward-looking statements. These statements involve risks and uncertainties, such as competition, technological developments, loss of significant customers and the other factors discussed in the Company's periodic reports filed with the Securities and Exchange Commission, that could cause the Company's actual results to differ materially from those expressed or implied by these forward-looking statements. Docucorp is a registered trademark of Docucorp International. (C) 2006 Docucorp International. All Rights Reserved. Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. Docucorp and its symbol are trademarks of Docucorp International.
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