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Groupe HN and Xalles Form Strategic Alliance
To Offer a Full Suite of Financial Supply Chain Services
PARIS and WASHINGTON, June 21, 2007 - Xalles Limited, a Washington-based global management consultingfirm and leader in business strategy and financial supply chain services, and Groupe HN, a renowned Paris-based international IT solutions provider with over 25 years of service, announced today their strategic alliance to address customers’ financial supply chain requirements.
This alliance unites Xalles’ consulting and systems implementation expertise in payment solutions with Groupe HN’s experience in the development and testing of solutions within the banking sector, providing clients with a full suite of financial supply chain services and solutions.
The partnership also requires Xalles to provide its business strategy expertise to selected Groupe HN clients as well as assist Groupe HN expand their business internationally by assisting in the promotion of Groupe HN’s products and services. Groupe HN, in return, will promote Xalles services to its clients and business partners to support Xalles’ efforts to establish a presence in France and other European nations.
“This strategic alliance, combined with our track record of delivering quality IT solutions in France, will allow Groupe HN to project its financial IT solutions beyond national borders,” said Michel Hochberg, President, Groupe HN. “Xalles is a global leader in business strategy and financial supply chain services, and together Groupe HN and Xalles can harness each other’s strengths to meet the increasing demand for superior products and services in the financial industry.”
Commenting on the alliance, Mr. Thomas Nash, Chairman and CEO, Xalles Limited said, “The alliance with Groupe HN is part of Xalles’ initiative to grow our international business by being able to provide quality products and services on a worldwide basis. We are pleased to join forces with Groupe HN to better provide French and other European businesses a full suite of financial supply chain services.”
About Xalles Limited
Xalles Limited is a global provider of business strategy services that assists firms in navigating through the business lifecycle, leading them through Business Structure Design, Process Design, Organization Design and Service Delivery Design. Xalles is also a leader in financial supply chain consulting for payment solutions assisting clients worldwide to reduce transaction costs, increase feasibility and improve cash flows. Xalles Limited and its mobile team of consultants serve clients on a worldwide basis, with personnel in 9 countries across 5 continents. Xalles can be found on the Web at http://www.xalles.com.
About Groupe HN
Groupe HN is an international IT solutions provider with over 25 years in service. With more than 500 personnel worldwide, Groupe HN focuses on providing quality IT solutions to its customers within the banking sector, insurance and service industries. Groupe HN can be found on the Web at http://www.groupehn.com. -30-
Contacts:
Darlene Alvar
Xalles Marketing and Communications Manager
Tel: +1-202-595-1299
Email: dbalvar@xalles.comPatrick Martin
Groupe HN Sales Director
Tel: +33 144671327
Email: Patrick.martin@groupehn.com.
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