Exigen Services Launches Innovative Fixed-Price Agile Package

Flex-agility(SM) Eliminates Costly Overruns and Project Delays

SAN FRANCISCO, CA- Highlighted Links - Exigen® Services, the leading next generation application outsourcing provider, has unveiled Flex-agility, the first fixed-price Agile contract structure for offshore IT projects. Flex-agility is a packaged services offering which combines industry-leading Agile methodologies with innovative customer-aligned governance and fixed priced commercial terms. This package provides customers certainty in on-time and on-budget delivery, eliminating the difficulty of changing requirements while guaranteeing maximum value from their IT investments.

The Flex-agility offering provides for changes to be introduced during any project without impacting the original schedule or budget. Drastically reducing the traditional source of significant cost overruns and delayed deployment, unanticipated change, Flex-agility's use of Agile methods reduces the financial risks associated with large IT projects by treating the cause of the risk, not simply applying off-shore manpower.

"Using our pioneering iterative and offshore methodologies allows us to deliver results quickly and predictably," said Alex Adamopoulos, general manager and senior vice president, Exigen Services. "The iterative approach helps to involve the user community, creating a tighter partnership with IT. Flex-agility's change acceptance feature helps to minimize the risk of delivering a system that does not meet the needs of the business at the time it is delivered.

"Flex-agility is the product of several strengths unique to Exigen Services. It combines our innovative approach to distributed Agile development, cost effective offshore resources with world class skills, and the security of a fixed price structure in one packaged offering that guarantees that we deliver results, not just bodies. This is Outsourcing 2.0 at its best."

"Exigen Services' approach is the most innovative I have ever experienced for the rapid development of critical projects using offshore resources. Exigen Services brings a rich set of best practices to the project team," said Ben Battle, vice president of product development, ScriptLogic. "The ability to accept changes without incurring additional fees has reduced the cost overruns we usually would incur on a project. And, the rapid iteration, testing and acceptance process with end users has helped increased our alignment with business. Now we cannot develop projects any other way."

Defining Outsourcing 2.0

Exigen Services is the leader in Outsourcing 2.0, the next generation of global application outsourcing. Compared to previous generations of outsourcing which focused on staff augmentation and rates, Outsourcing 2.0 focuses on delivering results, reducing the risks of large IT projects and increasing the alignment between IT and business. Outsourcing 2.0 companies, like Exigen Services, are also willing to share risk which results in a much deeper partnership-oriented relationship.

Exigen Services combines industry experience, the appropriate methodology and the right commercial terms to increase the probability of successful project completion. To further mitigate risk, Exigen Services also creates packages based on best practices accumulated over the course of many projects. As a global application outsourcing provider, Exigen Services leverages delivery centers from around the world with major locations in Eastern Europe and Russia.

Flex-agility is the first in a series of packages created in this next generation model.

For more information about Exigen Services or their Flex-agility engagement model, please email gennady.galanter@exigenservices.com, or visit www.flexagilitypackage.com. The company has published a white paper which explains in detail how Flex-agility works. The white paper can also be found at this website.

About Exigen® Services

Exigen® Services is the leader in Outsourcing 2.0, the next generation of global application outsourcing. The company combines world class skills, recognized expertise in development methodologies, and industry experience to reduce risks, lower costs and deliver results. Coupled with commercial terms that optimize financial alignment, Exigen Services makes IT outsourcing a much easier and beneficial undertaking for global enterprises. Since 2000, Exigen Services has pioneered the use of distributed Agile methods for rapid and precise systems development throughout the financial (banking, insurance and brokerage markets), health care, telecommunications, government and media industries. Clients range from Fortune 500 organizations to mid-sized growth companies including CSC, Universal Music Group, Standard & Poor's, T-Mobile, AXA, Westpac Bank and many others. For more information, visit www.exigenservices.com.

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