Under this agreement, Kabira and Kaizen will provide Kabira's Fluency based solutions and consultation services to enterprises throughout Brazil.

"Working with Kabira is an ideal business venture for Kaizen," said Marcio Yatsuda, CEO of Kaizen. "Their Fluency transaction platform offers performance, fault tolerance and flexibility, which fits well with our expertise and offerings within the financial services and telecommunications industries in Brazil. We are excited about the new revenue opportunities this partnership will generate."

"Kaizen Consultoria e Servicos has been a widely respected name in the Brazilian enterprise software and services marketplace for many years," said Manish Gupta, vice president of global marketing at Kabira. "We believe the combination of Kabira's Fluency transaction platform, coupled with Kaizen's proven development and implementation expertise, to be a compelling offer for organizations of all sizes that are looking to address legacy application and infrastructure shortcomings."

"We believe Kaizen has the right process-oriented culture, a superior software development factory and the ability to manage complex long-term projects," Gupta added. "This makes Kaizen an ideal partner to extend and develop Fluency applications for the financial and communications services markets in Brazil."

The agreement enables Kaizen to offer Kabira products and services to customers across the region. Kaizen consultants have been fully trained on Kabira's market-leading transaction platform, and the companies anticipate undertaking immediate activities to provide Brazilian enterprises access to Kabira's product offerings. In addition, Kaizen will be able to provide staff augmentation to assist Kabira customers if needed.