R Systems and Xceleris Enter into Collaboration Agreement to Provide Business Process Enhancement, Sarbanes-Oxley Compliance and Outsourcing Services

EL DORADO HILLS & SAN MATEO, Calif -(BUSINESS WIRE) - Aug. 19, 2005 , R Systems, Inc. (R Systems) and Xceleris Corporation (Xceleris) today announced that they have entered into a broad collaboration arrangement to provide business process enhancement, Sarbanes-Oxley compliance, information technology ("IT") and business process outsourcing ("BPO") services. The agreement enables the customers of R Systems and Xceleris to take advantage of a broader and comprehensive range of services for Sarbanes-Oxley Compliance, IT and BPO outsourcing needs.

Xceleris will combine its unique experience in strategic financial and operational consulting, Sarbanes-Oxley compliance program management, and business process enhancement, with the Information Technology, Business Process Outsourcing, and Software Engineering expertise of R Systems, to offer unparalleled levels of service for their clients -- through one trusted professional partner.

"This agreement launches an exciting new relationship that will be of significant benefit to both R Systems and Xceleris customers. Our customers can now combine their needs for Sarbanes-Oxley compliance, IT and BPO services with one trusted vendor," said Rekhi Singh, CEO of R Systems. "Our customers will benefit considerably by leveraging the efforts and costs of compliance to make process changes that improve efficiency and optimize cost structure."

"Our ability to mobilize the capabilities of both of firms gives our customers leverage with their investment in compliance, resulting in business process improvement rather than simple achievement of compliance goals," stated Jean-Pierre Bernard, CEO of Xceleris. "Viewing compliance as a business enhancement process, and using the skills of both firms, creates the opportunity for combined improvements in processes and controls," he added. "Our highly-experienced Finance and IT professionals will deliver high quality and results-focused compliance through state-of-the-art process and systems solutions that will help our clients focus on their core processes, and accelerate their company's growth."

About R Systems

R Systems develops, designs, and delivers comprehensive IT and business process outsourcing solutions and services including systems development, systems integration, product development, product maintenance, quality analysis and testing, and customer support for a mix of Global 1000, mid-sized companies and government organizations. R Systems global delivery model improves efficiency and reduces cost of solutions to its clients. R Systems has over 1,000 employees in over 5 offices worldwide and all its offshore centers in India are certified SEL-CMM Level 5. R Systems U.S. headquarters is located at El Dorado Hills, CA and the worldwide headquarters is located in Noida, India. www.rsystems.com

About Xceleris Corporation

Xceleris provides innovative business and technology consulting services that help companies accelerate their development and excel in operations. Its services are focused on three main areas: Business Performance, Business Intelligence and Business Integration. Xceleris favors short project cycles that deliver well-identified results and competitive advantages. Its approaches are highly collaborative and knowledge-transfer minded, leveraging the solid experience of its professionals. Its Sarbanes-Oxley services cover all aspects of compliance and are delivered by experienced teams combining program management capabilities with senior Finance and IT operations expertise. www.xceleris.com

Contacts

R Systems
Michael Fruci, 916-939-5123
Michael.fruci@rsystems.com
O'Nell Nalavadi, 916-939-5170
Oneil.nalavadi@rsystems.com
Or
Xceleris
Jean-Pierre Bernard, 650-357-7644
jpybernard@xceleris.com
Ted Lavoie, 415-309-8025
tlavoie@xceleris.com