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Covelix, Inc. acquired by Emtec Leading Northwest software services company gets acquired by Emtec (OTCBB: ETEC), a leading Systems Integrator to help with its expansion into Application Development and Global Delivery Capabilities

Kirkland, WA - April 5, 2011 – Covelix, Inc., a leading Northwest software services company, announced that it was acquired by Emtec, Inc. (OTCBB: ETEC), a systems integrator. This acquisition will significantly enhance Emtec’s portfolio of services, talent, and client base as well as provide greater on-shore and off-shore development depth for all practice areas. Covelix specializes in providing high-value development services to software product companies, and will help grow Emtec’s Application Development and Global Delivery capabilities.

Covelix, Inc. is headquartered in Kirkland, WA, with a Global Delivery center in Pune, India. Through this acquisition, Emtec will now expand upon its best-of-breed application development services to its clients. Covelix has provided software development and consulting services to several marquee clients like Microsoft, Symantec, Brocade, Ceridian, Advent/Microedge, Harland Clarke, and LexisNexis, among others.

With a highly rigorous, creative working culture and a progressive training and development program, Covelix is a preferred employer across prestigious Indian management/technology schools. The company has a strong focus on Microsoft technologies like .NET, CRM, Exchange, SharePoint, SQL Server, etc., along with a significant practice in Java, Linux and other Open Source technologies.

“Covelix significantly increases our ability to deliver cost-effective solutions through the optimum mix of off-shore and on-shore development and adds to our sales strength in the Northwest US region,” said Dinesh Desai, CEO, President and Chairman of Emtec. “The Northwest is one of the leading IT clusters in the United States and the acquisition of Covelix gives us a great sales presence in the region.”

About Emtec, Inc. Emtec, Inc. established in 1964, is a systems integrator providing IT services and products to the federal, state, local, education and commercial markets. Emtec helps clients identify and prioritize areas for improvement and then implement process, technology and business application improvements that reduce cost, improve service and align the delivery of IT with the needs of their organization. Emtec’s market leading value based management methods, coupled with best-in-class IT technology, consulting and development services, allow us to address a wide range of specific client needs, as well as support broader IT transformation initiatives. Emtec's service capabilities span the USA, Canada and countries around the globe. For more information visit: www.emtecinc.com

About Covelix, Inc. Covelix, Inc. established in 2004, is a leading provider of software consulting and development services with extensive experience in helping technology companies build and enhance software solutions in an effective and efficient manner. The company’s extensive industry experience in a variety of technologies including Windows and Open Source development, with its customer-centric blend of onshore and offshore delivery, allows it to deliver reliable, repeatable, and scalable software solutions. Since its founding, Covelix has built an impeccable reputation of having high integrity, ethical business practices, extreme customer focus, a solid technology foundation and an intense and fun working environment. Covelix has worked with clients across multiple geographies ranging from the US to Europe and Australia. For more information visit: www.covelix.com

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Covelix wins Inter IT Cricket tournament Covelix thrashes Jehangir to win the finals by whopping 8 wickets

Pune - Mar 7, 2011 - Covelix won the toss and elected to field. Against the fire power of Covelix bowlers, Jehangir batting order collapsed with just 49 runs on the board. Later, Covelix batsmen cut through the opponent defenses with their dazzling strokes and sealed the victory with more than 20 balls to spare. Earlier in semifinals, an outstanding and hard-fought effort by Covelix team had resulted in a 7 wicket victory over LSI.

With this amazing victory, Covelix grabbed not just the prestigous Inter IT Cricket trophy, but also three special awards for individual performances.

Best Batsman of the series : Nilesh Deodhar
Best Bowler of the series : Mahesh More
Man of the tournament : Nilesh Deodhar

It was the most awaited, most exciting and a very thrilling moment for every Covelixian. During celebrations Dattatray Lawand- the captain of the team gave the credit to the team effort and fantastic performance by all the players. He said, "We have been practicing hard. Winning the trophy is like the dream come true."

Three cheers for the Chapmpions...Hip Hip Hooray !!










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Covelix CEO Deepak Amin delivers talk on 'Entrepreneurship and Planning for Opportunities in India' Deepak Amin talks on 'Entrepreneurship and Planning for Opportunities in India' 10 August '10

As the Chief Guest at the orientation program ‘AAROHAN’, Covelix co-founder and CEO, Deepak Amin delivered an inaugural address to the management students at Mumbai Education Trust. Deepak spoke about ‘Entrepreneurship and Planning for Opportunities in India’. In his passionate talk about entrepreneurship, he spoke about the enumerable avenues that have opened up for entrepreneurs in India. The talk took the students through Deepak’s entrepreneurial journey making them experience the power and relevance of entrepreneurship in current times. Deepak also drove home the key competencies required to meet professional challenges in today’s dynamic times. The talk helped outline a roadmap for professional success for students. The talk was well received by the faculty and students who felt it helped them overcome the uncertainty and self doubt that looms large in their minds as they head towards professional lives.

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Green! The Color that Matters - Covelix organizes a tree plantation drive Tree Plantation Drive 31 July '10




It is nothing more than truth that in current time, ‘Green’ is the color that absolutely matters. With the enormous changes taking place in the environment, it has become essential for each one of us to contribute towards keeping the earth greener not just for us but for the future generations as well. As an old saying goes – ‘Treat this earth well; it was not given to you by your parents, but is loaned to you by your children!’

Covelix decided to take this message seriously and do their bit. The zealous Covelix team got together for a tree plantation event at the ARAI hills, Pune. Environment experts helped the team select indigenous saplings which are hardy, most suited for Pune’s weather conditions and thus have the highest rate of survival. The team had thrilling time as they got down with the equipments to dig the pits and plant the saplings.

Covelix understands that the responsibilities towards nature extend beyond planting the saplings. To ensure that appropriate care of the saplings is being taken till the trees become self resilient; the team has joined hands with an environmental group. This group will help nurture the saplings along with Covelix team periodically visiting the location.

The event was marked not just by the fun the team had but also by the satisfaction of contributing towards a greater cause.

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Team Covelix Heading towards the trophy.. 2nd INTER IT SUMMER CRICKET TOURNAMENT, Pune. March 24, 2007 0nwards




The Cricket fever is sizzling at Caribbean shore and as well as in IT sector Pune. With the beginning of II INTER IT SUMMER CRICKET TOURNAMENT on 24th Mar 07 (a cricket tournament for firms in the Information Technology sector) Covelix Team will be proving their worth to the other IT companies .They have been practicing hard for this and targeting the trophy.
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Covelix runners make a splash on the front page of Pune Newsline of Indian Express 23 November '06



Click here to read the news online

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Team Covelix pumped up for Pune Marathon 2006 Pune International Marathon 26 November '06




Covelix Technologies, a fast growing software company that believes in ‘Work hard, Play hard’, has registered for the Pune Marathon 2006. The entire organization is running for a single cause – Road safety in all aspects. Fatal accidents occurring on road, killing or maiming several, are a matter of great concern all over India. To ensure road safety, each of us needs to develop some self-discipline. Avoiding using cell phones while driving, wearing helmets, not jumping the red lights, avoiding drunk driving, observing lane discipline are the basic rules everyone must follow. ‘One small step from you could mean life to someone.’

After losing one of their co-workers in a road accident last month in a hit and run case, Covelix has decided to use the Pune Marathon as a platform to create awareness of poor traffic sense and road safety in the city. The Company, which has grown from 0 to 100 in 2.5 years, believes in setting goals, which seem apparently impossible, planning towards the goals and executing to the plan to achieve the goals.

Covelix has planned a spirited intra-company competition. Multiple teams are competing against each other for prize money and even more importantly for recognition. Leads for each team actuate team members for daily scientific practice sessions. The organization is charged up and eager to run the marathon.

The organizing committee has planned the event meticulously. Teams are being trained for the marathon by means of informative articles, videos explaining details of proper diet, appropriate costume-shoes. Seasoned international marathon runners have been invited for talks and discussions. The pit crew, positioned along the entire stretch of the run, will be managing the support for the runners on D-day.

By participating in the marathon Covelix is not only abiding to its principle of ‘work hard, play hard’ but is also creating social awareness. Most importantly, it’s a great way to help raise the health awareness in the company. Healthy minds in healthy bodies!
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Covelix co-founder speaks at TiE event on "Outsourcing: IT and Beyond" April 27, 2006

Covelix Chief Executive Officer Deepak Amin spoke at the The Indus Entrepreneur organized event on “Outsourcing: IT and Beyond.“ Panelists discussed the issues of starting an outsourcing company, the challenges and opportunities, outsourcing trends and what companies are doing to succeed in the industry’s wars over talent. Panelists included Samir Bodas, CEO, Disha Technologies, Nishit Mehta, CEO Hygen Pharma, Udai Shekawat, CEO Askme Corp and Benjamin Straughan, Partner, Perkins Coie LLP.
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Covelix CEO invited to speak at the TiE - Microsoft organized event on "Windows Vista: Roadmap and Entrepreneurship Opportunities" Mar 16, 2006

Covelix co-founder Deepak Amin moderated a panel discussion organized by The Indus Entrepreneur and Microsoft on “Windows Vista: Roadmap and Entrepreneurship Opportunities. The event showcased the upcoming release of Windows Vista and described new directions and opportunities that will be created in the industry because of the introduction of the new operating system by Microsoft. Speakers included Sanjay Parthasarathy, Vice President, Microsoft, Carter Maslan, Microsoft, Bill Baxter co-founder of BSquare, Carey Butler, Vice President, BSquare and Rajeev Agarwal, CEO of MAQSoftware.
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Covelix co-founder speaks at Invited Lecture Series, University of Washington Business School, "Technology Management: Innovation and Entrepreneurship" February 25, 2006

Covelix CEO Deepak Amin delivers talk at University of Washington Business School in Seattle on Technology Management: Innovation and Entrepreneurship. Amin spoke about entrepreneurs and the various degrees of innovation they require to succeed, trends in startups and how entrepreneurs fund themselves, especially in the early stages, the differences between venture funded startups and bootstrapped startups.
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Covelix CEO invited to address World Bank Conference on Innovation and Entrepreneurship in Asia on "Entrepreneurship and the Role of Government" and "What VC's Look for in a Startup" February 20th to 22nd, 2006

Covelix co-founder and CEO Deepak Amin spoke at the Worldbank Conference on Innovation and Entrepreneurship in Asia held in Manila, Philippines. Participants from 16 countries representing industry, governments and civil society attended the conference. Amin spoke on entrepreneurship and the critical role of government in promoting new businesses and industries. His second presentation on “What Venture Capitalists Look for in a Startup explained to the audience what the world of venture capital looks like, how a venture capital fund is structured, what their success metrics are, the mind of a venture capitalist, how to approach them and what they look for in companies before making investments.
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Covelix co-founder Deepak Amin speaks at NWEN Entrepreneurship Conference, "Outsourcing: India and China" November 10, 2005

Covelix was invited to speak at the Northwest Entrepreneur Conference held at the University of Washington in Seattle. Covelix CEO Deepak Amin spoke about IT Outsourcing, the trends in global outsourcing over the next 10 years, what to consider while taking a company down the path of offshoring, what makes offshoring succeed, the various business models for setting up offshore operations, costs savings, selecting the right offshore partners and finally a comparison between India and China with respect to offshore maturity and capabilities.
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Leading Northwest entrepreneurs discuss the excitement of startups: "I Have a Terrific Idea, Now What?" October 20, 2005:

Covelix co-founder and TiE charter member Deepak Amin moderated a panel discussion about the exciting world of startups, what happens from idea to execution, how to do it, the pros and cons of venture capital, the focus on sales, hiring and team building, putting together boards and advisors, etc. Panelists included Ben Straughan, partner at Perkins Coie, Chuck Hirsh, partner at Madrona Ventures, Dennis Weston, partner at Fluke Venture Partners, Hank Skorny, CEO at Thumbspeed, Naveen Jain, CEO of Intelius and Shirish Nadkarni, CEO and founder of TeamOn Systems (acquired by Research In Motion).
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Covelix CEO Deepak Amin interviewed by leading German business magazine Brand Eins October 2005:

Brand Eins, a leading German business monthly interviewed Covelix co-founder and IIT Bombay alumnus Deepak Amin about his education, his experiences at Microsoft, his drive to do business between India and the US, to create jobs, to invest in new businesses, his views on India and its aspirations to become a developed country. The article talks about the role of educated Indians in setting up companies in India, investing in India to create jobs and the use of micro-credit in alleviating poverty.
www.brandeins.de/home/inhalt_detail.asp
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Covelix CEO addresses Software CEO Forum, "How I Sold My Software Company and What I'd Do Different Next Time." June 9, 2005

Covelix co-founder and CEO Deepak Amin shares his experiences with CEO’s of technology companies in the US about getting his previous software company vJungle acquired by Streamserve, lessons learned, what went right and what he would do differently the next time around. Other speakers at the Software CEO Forum included Bob Glovitz, whose firm, ADS, was acquired by Electronics for Imaging in 2004, Charles Mills, CEO of Firesign Computer, which sold to Allen Systems Group in 1998 and David Weiss, COO of Blue Ocean Software, purchased by Intuit in 2002.
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Business Finance Magazine interviews Covelix CEO, Deepak Amin, "Innovations and Profits at the Bottom of the Pyramid" May 2005

http://www.bfmag.com/magazine/archives/article.html?articleID=14415

Covelix co-founder speaks in panel discussion on "Entrepreneurship: Been There, Done That...Can't Stop Now!" February 17, 2005

The Indus Entrepreneur organized panel discussion held in Seattle saw participation by Covelix co-founder and CEO Deepak Amin as a panelist and moderator. Invited panelists were some of the leading entrepreneurs of the Northwest region of the United States, including Lou Gray, Entrepreneur-in-Residence at Ignition Partners, Pradeep Singh, CEO and founder of Aditi, Talisma and Reduxi, Rakesh Mathur, Managing partner Skyblaze/CEO Junglee and Ashutosh Tiwary Founder and CEO of Performant and Deepak Amin, CEO and founder Indicus, vJungle and Covelix. The panelists discussed the attributes of a serial entrepreneur, what it takes to succeed in startups, war stories from tough times they faced in their companies, team building, sales focus, financing, venture capital, etc.
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Covelix CEO speaks at the NASSCOM Leadership Conference on "Innovation and Entrepreneurship: Friends or Foes?" February 10, 2005

Covelix Chief Executive Officer, Deepak Amin spoke at the NASSCOM Leadership Conference on “Innovation and Entrepreneurship: Friends or Foes? Held in Mumbai, India, the conference was attended by leaders from the Indian IT industry. NASSCOM is the apex organization representing all the software and service companies in India. Amin spoke about the relationship between innovation in companies and their relevance to entrepreneurship. Citing examples from multiple industry segments across multiple periods in the last 100 years of the history of the industry, Amin talked about how some companies win through innovation and some lag because of failed execution or misplaced innovation. He talked about the relentless innovation behind the success of leading companies.
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Covelix co-founder Deepak Amin speaks at the Eradicating Poverty Through Profit Conference in San Francisco, USA. December 10-12, 2004

Covelix co-founder and Chief Executive Officer, Deepak Amin spoke at the Eradicating Poverty Through Profit Conference held in San Francisco by the World Resources Institute . Amin spoke about entrepreneurial opportunities provided to the poor sections of rural India through commercially village information kiosks in a franchise model. Amin serves on the board of Drishtee that helps entrepreneurs in villages setup village information kiosks to provide common services to villagers including internet access, farming information, price of seeds and crops, government incentives for farmers, loan applications and eGovernment services. The main thrust of Amin’s talk and the conference was that there are opportunities to help the developing regions of the world to grow out of poverty through profit-driven entrepreneurship, a whole new way of looking at eradicating poverty.
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Covelix co-founder and CEO, Deepak Amin speaks at Perkins Coie Seminar on "Doing the Deal: Mergers and Acquisitions in 2004 and Beyond" in Seattle, USA. October 14, 2004

Covelix co-founder and CEO, Deepak Amin spoke at the Perkins Coie Seminar on “Doing the Deal: Mergers and Acquisitions in 2004 and Beyond. Held at the prestigious Rainier Club in downtown Seattle, the event was attended by Seattle’s leading entrepreneurs and business leaders. The panelists included leading M&A advisors as well as leading venture capitalists including Greg Gottesman from Madrona Ventures. Panelists discussed various M&A topics including preparing your company for getting acquired, reasons and drivers for acquiring or getting acquired, deal structures, the various players involved including investors, lawyers, tax advisors, management, employees and founders and the challenges of integrating the two companies.
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Covelix co-founder and CTO, Satish Dhupdale and InfoWAN CEO Lars Riehn conduct 5-day technology workshop in Germany September 20, 2004

Covelix co-founder and CTO, Satish Dhupdale and InfoWAN CEO Lars Riehn, conducted a 5-day workshop on migration of Lotus Notes to Microsoft technologies, including Microsoft SharePoint. The workshop was conducted at a Global Big 5 consulting company in Germany for its technology migration group.
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Covelix CEO, Deepak Amin speaks at The Indus Entrepreneur event on “Entrepreneurship and IT Outsourcing held in Seattle, USA May 20, 2004

Covelix co-founder and CEO Deepak Amin participated in and moderated a panel discussion on “Entrepreneurship and IT Outsourcing. Held in Seattle, it held by TiE about Entrepreneurship and IT Outsourcing. The panelists included other local IT industry leaders Pradeep Singh, CEO of Aditi, Samir Bodas, CEO of Disha Technologies, Sanjay Kumar, CEO of vCustomer, Richard Chapman, Vice President, Economic Development Council of Seattle and King County. The panel discussed the issues of competitive advantages of doing offshore for companies, the success metrics of outsourcing, human capital requirements, regional competitive advantages, etc.
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Covelix co-founder speaks at the Digital Divide Conference held at Baramati, India. February 20-22, 2004

Covelix co-founder and CEO, Deepak Amin moderated and participated in a panel discussion at the Digital Divide Conference held in Baramati, India. The theme of the conference this year was, “Connected for Development: Information Kiosks and Sustainability. The panelists spoke on Innovative Uses of IT in the Development Landscape and included development, government and industry leaders from various countries.
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Covelix CEO speaks at World Summit on Information Societies in Geneva, Switzerland for Microsoft Unlimited Potential: Drishtee's Village Information Kiosks helping Development in Rural India. December 10-12, 2003

Covelix CEO, Deepak Amin spoke at the World Summit on Information Societies held in Geneva, Switzerland at the Microsoft Unlimited Potential sponsored event. Amin is on the board of Dristee (www.drishtee.com), a company based in New Delhi, India, that is setting up village information kiosks in rural parts of India using an innovative commercial model for self-sustainability and providing services to the under-privileged segments of the rural population over the internet. He spoke about the successes and challenges of using technology to setup Village Information Kiosks in rural parts of India to provide common services like land records, loan applications, email, computer based education, job postings, insurance services and various eGovernment services.
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Former Microsoft Windows engineers Launch Covelix November 13, 2003

Deepak Amin and Satish Dhupdale, both former Microsoft engineers from the Windows engineering team, have launched Covelix, Inc. based in Seattle, USA and Pune, India. The company will provide software development services to applications and systems software companies.
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