DALLAS, July 8, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Zanett Inc. (Nasdaq:ZANE). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/ZANE
ZANE is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Zanett Inc. (ZANE) provides customized information technology (IT) solutions to Fortune 500 corporations and mid-market companies in the United States. Its customers consist primarily of small to large businesses needing IT solutions, such as strategy and systems architecture consulting, business application development, systems implementation and integration, systems engineering and technical assistance and IT communications hardware and peripheral equipment. The Company provides full lifecycle, end-to-end business solutions. These include services to initiate, develop and implement e-business systems, application development, project management, business analysis, architecture design, package customization, testing and quality assurance and implementation management, implementation of enterprise resource planning (ERP), supply chain management (SCM) and customer relationship management (CRM) systems, and voice and data communications network integration solutions that include the provision of hardware, peripheral equipment and telecommunications lines for voice and data communications networks, as well as related security and design services.
Message Board Search for ZANE: http://www.boardcentral.com/boards/ZANE
In the report, the analyst notes:
"As an Oracle Platinum Partner and Microsoft Gold Partner, ZANE implements and integrates such technologies as E-Business Suite, J.D. Edwards, PeopleSoft, Edge Applications, Service Oriented Architecture, Fusion Middleware, SharePoint and InfoPath. The Company serves Fortune 500 corporations and mid-market organizations in healthcare, life sciences, manufacturing & distribution, retail, gaming and hospitality, and state and local government.
"The Company recently reported that it closed new contracts worth more than $20.6 million in the second quarter. This amount is comprised of 50 different customers, with the largest customer being responsible for a $7.5 million mandate previously announced. ZANE said that year-to-date, more than $37.7 million of new business has been signed. A major chunk of this revenue is expected to be realized within the succeeding 12 months."
To read the entire report visit: http://www.microstockprofit.com/lp/ZANE
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