Press Release

CMMI Level 3 rating to Calpine Group arm; Group poised to create 200 new job openings within the next One year
UVJ Technologies has become the first Kerala based Life Sciences software services provider to be assessed against CMMI Level 3.

Kochi, 7th October 2009:Calpine Group, one of the leading Custom Software Solutions Provider based in Kochi is expanding operations by creating another 200 new job openings within the next one year, despite the prevailing gloom in the global IT market. Company is in the process of setting up a state of the art 10,000 sq.ft. facility at Kochi to house the additional job force.

Sharpening its competency in the global Life Sciences and Bio Technology software markets, Calpine Group arm UVJ Technologies has become the first Kerala based Life Sciences software services provider to be assessed against CMMI Level 3. (Maturity Level 3 with Carnegie Mellon's Software Engineering Institute's (SEI)Capability Maturity Model® Integration (CMMI®)-DEV, v1.2.) UVJ Technologies is one of the very few Indian IT companies catering to the Life Sciences and Bio-technology software industry which includes Biotechnology, Pharmaceuticals, Biomedical Technologies, Life Systems Technologies, Environmental and Biomedical Devices.

Established 7 years back, Calpine is a respected name in the segments it operates. The Company specializes in Custom Software Development, Web Design, Internet /Intranet applications and Consulting Services. It is also engaged in ERP/CRM, e-Commerce, SEO Services, IT Support Services, ITES and Application Development. Calpine Group has potential and experience in development of complex solutions for its customers; such as implementation of concepts for data security, corporate and virtual private networks, databases and software development.

Through UVJ Technologies, Calpine Group has made its foray into developing software products for Life Sciences segment. It focuses on developing web enabled tools for Proteomics and Genomics sectors. The company is engaged in developing products that enable Bio-Informaticians and Scientists to perform their day to day operations with high degree of precision and productivity. These products are designed to be an Integrated Development Environment (IDE) for basic scientific applications related to Genetic Engineering and research in Bio-Informatics.

Calpine Group has its offshore research and software development centers at Infopark Campus and Cochin Special Economic Zone Campus, Kochi, Kerala. Its global centers are based in Melbourne, Australia and Sunnyvale, USA.

CMMI Level 3
CMMI is a software development process improvement approach which has become the standard for measuring an organization's capability to apply a process based methodology to software development. This approach integrates the entire spectrum of software development including software engineering, testing, and project management. Working with a CMMI certified company ensures benefits such as improved schedule and budget predictability, increased productivity, improved quality, increased customer satisfaction, increased return on investment.

"Achieving SEI's CMMI Level 3 Certification is confirmation of Calpine Group’s continued commitment to providing the highest quality software services to our customers around the world," said Mr. Jijo G. John, Chairman & CEO, Calpine Group. "This is a significant milestone for the company and is an important validation of the quality software solutions we provide to our clients world-wide."

CSR Initiatives
The Calpine Group promotes social transformation through direct humanitarian action and sustainable development as a part of its Corporate Social Responsibility. The group runs Sabin Memorial Computer Center at St. Jude English Medium School, Karimugal as part of its commitment to promote computer education at the grass root levels. The Group also runs a ‘Clothes Bank’ in association with various social organizations to provide clothing to the needy people. Calpine Group promotes Industry-Institution Programs towards partnering with prominent educational institutions in Kochi to pave the way for an insightful career building and development for students.