Luxembourg, November 26, 2015 - INTRASOFT International has been once again successfully appraised at Level 3 of the Capability Maturity Model Integration (CMMI)^® for its software development projects in four locations (Luxembourg, Brussels, Athens, Bucharest).

INTRASOFT International is the second (out of 2) in Luxembourg, where the company headquarters are, the only company in Greece, the fourth (out of 5) in Belgium and the second (out of 2) in Romania, to have been appraised at CMMI^® Level 3.

CMMI^® is a framework that describes the key elements of an effective software development process and its CMMI^® model describes an evolutionary improvement path from an ad hoc, immature process to a mature, disciplined process. CMMI^® covers best practices for planning, engineering and managing software development and maintenance.

An appraisal at maturity level 3 indicates the organization is performing at a “defined” level. At this level, processes are well characterized and understood and are described in standards, procedures, tools and methods. The organization's set of standard processes, which is the basis for maturity level 3, is established and improved over time. The results of the assessment are accepted by the prestigious CMMI^® Institute, a subsidiary of Carnegie Mellon University, USA.

The businesses that have adopted the CMMI^® model have beneficial results in their bottom line, including improvements in schedule and cost performance, product and service quality, forecasting accuracy, productivity, customer satisfaction, return on investment, and other measures of performance. CMMI^® establishes a baseline against which it is possible to judge, in a repeatable way, the maturity of an organisation's software process and compare it to the state of the practice of the industry.

Mr. Alexandros Manos, CEO of INTRASOFT International commented: “Being successfully appraised at CMMI^® level 3 is a major milestone for any company. INTRASOFT International is once again a pioneer in its sector. The CMMI^® level 3 appraisal is an important reaffirmation of INTRASOFT International's total commitment to our stakeholders' satisfaction through the enhancement of collective performance at all operational levels.”

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About the CMMI^® Institute:

The CMMI^® Institute, a subsidiary of Carnegie Mellon University, is dedicated to elevating organizational performance through best-in-class solutions to real-world challenges. The Institute is the home of the Capability Maturity Model Integration (CMMI)^® for Development, Services, and Acquisition; the People Capability Maturity Model; and the Data Management Maturity Model (DMM)^SM, which are capability improvement models that create high-performance, high maturity cultures. The models are used in thousands of organizations worldwide to deliver business results that serve as differentiators in the global market. http://cmmiinstitute.com/

Published appraisal results are available at https://sas.cmmiinstitute.com/pars/pars_detail.aspx?a=25361

About INTRASOFT International

INTRASOFT International is a leading European IT Solutions and Services Group with strong international presence, offering innovative and added-value solutions of the highest quality to a wide range of international and national public and private organisations. The company employs more than 1,600 highly-skilled professionals, representing over 20 different nationalities and mastering more than 18 languages. With headquarters in Luxembourg, INTRASOFT International operates through its operational branches, subsidiaries and offices in 19 countries: Belgium, Bulgaria, Denmark, Cyprus, Greece, Iraq, Jordan, Kenya, Moldova, Morocco, Romania, Palestine, Philippines, Saudi Arabia, UK, UAE, USA and Yemen. More than 500 organizations in over 70 countries worldwide (Institutions and Agencies of the European Union, National Government Organizations, Public Agencies, Financial Institutions, Telecommunication Organizations, and Private Enterprises) have chosen the company's services and solutions to fulfil their business needs. http://www.intrasoft-intl.com/

Information for Press only

Kalliopi CHIOTI, Communications & CSR Manager, INTRASOFT International

Tel. +352 4410122178 & +30 6951 008800

E-mail: Kalliopi.Chioti@intrasoft-intl.com