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ProKarma Acquires Mantis Technology Group

Combination Expands the Company's Technology and Delivery Capabilities With Extensive SAP and Analytics Expertise

PORTLAND, OR and OMAHA, NE -- (Marketwired) -- 04/04/14 -- ProKarma, a global IT solutions company, today announced its acquisition of Mantis Technology Group, a leading software solutions provider based in Seattle, Washington.

Mantis provides technology solutions, custom software design and development to Fortune 2000 companies. This acquisition will further enhance ProKarma's technology and delivery capabilities while bringing additional expertise around SAP and analytics. The integration will also expand ProKarma's customer base and increase its US delivery capabilities in size and scope.

Mantis delivers a range of services including business intelligence, ERP, cloud-enabled services and big data. The company also developed Pulse Analytics, a powerful social listening product, which is implemented by global brands as well as sports and athletics organizations. Pulse Analytics allows companies to create a customizable solution that delivers a true 360-degree view of customer sentiment and compare results against industry trends and specific competitors.

"The acquisition of Mantis provides ProKarma with a continued momentum to drive growth in key strategic markets and opportunities," said Vivek Kumar, president, ProKarma. "We are impressed with Mantis' leadership and strong consulting practice, and together, we will continue to scale and diversify our offerings while bringing greater expertise and focus on areas of ongoing traction and growth."

"We are excited to join forces with ProKarma and integrate our capabilities and experiences to be a powerful force in the IT solutions industry," said Doug Turner, CEO of Mantis. "The combination of our two organizations will enable us to broaden our service offerings and help us deliver better solutions to our customers by providing expansive global delivery capabilities."

ProKarma provides enterprise solutions, custom application development, and IT infrastructure services to more than 150 companies worldwide. The company's 1,800 + employees operate from its 20 sales offices and seven global delivery centers across the U.S., Argentina and India.

About Mantis
Mantis was founded in 2000 and delivers technology solutions, custom software develop and design services. Companies from a broad range of industries (wireless, healthcare, retail, consumer packaged goods, technology, public sector, financial services and more) have turned to Mantis for outstanding delivery of SAP, Java, SQL, Business Intelligence, Social Media and Cloud-based solutions with significant cost savings and impressive results. For more information, visit www.mantis-tgi.com.

About ProKarma
ProKarma delivers integrated technology and business process outsourcing solutions for over 150 global leaders in a wide range of industries and markets. ProKarma is co-headquartered in Portland, Ore., and Omaha, Neb., with sales and delivery centers in the United States, India, Argentina and Peru. ProKarma was selected as a Global Services 100 Provider for 2012 and 2013 and ranked as the fastest-growing IT services company in America by Inc. 500. For more information, visit www.prokarma.com.

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