Mumbai, May 9,2006:  Rave Technologies, a leader in Outsourced Product Development (OPD) announced that it has been successfully assessed at SEI-CMMI Level 3. The Carnegie Mellon University Software Engineering Institute's (SEI) Maturity Level 3 signifies the high quality process maturity of an organization, based on Capability Maturity Model Integration (SEI CMMI) framework.

Anand Jhaveri, Founder & CEO of Rave Technologies said, "With this achievement Rave has become one of the very few software services companies globally to achieve CMMI Level 3. By achieving this level of maturity in our development and delivery processes, Rave has established itself as a strong player in the Product Development and Outsourcing market place."

Adoption of CMMI framework demonstrates Rave's strong commitment to maintain the highest quality standards and successfully deliver measurable business benefits to its clients. "Rave's Quality journey has been a manifestation of corporate vision, commitment and customer focus. CMMI Level 3 marks an important milestone in this journey and we look forward to attain CMMI Level 4 by year 2008," said Anjoo Navalkar, Chief Process Officer at Rave Technologies.
 

About Rave Technologies:
Since its inception in 1987, Rave Technologies a Pure Play Software Product Engineering Services Provider has earned a reputation for delighting its clients by consistently surpassing expectations and helping them deliver robust, market ready software products that meet the highest standards of engineering and user expereince.

Rave Technologies is distinguished by its unwavering commitment to delivering value by focusing on grooming efficient and talented personnel, innovation, technology strengths and quality practices. In addition, inherent to Rave’s processes, are practices that address key ISV concerns such as protection of intellectual property, knowledge retention and ROI.

Headquartered in India with a SEI-CMMi Level 3–compliant Global Delivery Center in Mumbai, Rave has a global footprint that encompasses USA, UK and European markets. With its global presence, Rave Technologies offers the benefits of both, the near-shore control and high quality, cost-effective offshore delivery.

Contact:
Ashish Desai
Rave Technologies Pvt. Ltd.
Vice President - Marketing
ashish.desai@rave-tech.com