Nucleus Software, GMAC ink marketing pact
February 23, 2005
| Press Release
MUMBAI: Nucleus Software Exports Ltd. announced today (Wednesday) that it has entered into a licensing arrangement for its flagship product `FinnOne' with General Motors Acceptance Corporation's international operations.
Under the terms of the contract the company has granted a corporate software licence for `FinnOne' to GMAC's international operations for rollout in Europe, Latin America and Asia Pacific.
Commenting on the contract, Mr. Vishnu R Dusad, Managing Director, Nucleus Software said, `we are extremely happy to announce this landmark deal for our software product, which is the result of hundreds of man years put in by our software engineers.'
"Nucleus Software has focused for years on product development for the BFSI vertical and had earlier implemented the product in the Asia Pacific region for GMAC. The proposed rollout across Europe, Latin America and Asia Pacific regions would encompass m ature markets and further enhance our understanding of the processes and product functionality requirements across the globe," he added