CTXM Achieves CMMI Maturity Certification



30 July 2007

Leading on-line gaming software provider believes it is the first in the industry to earn quality management certification.


RIGA, LATVIA – July 30, 2007 – CTXM Ltd, a leading provider of technology solutions and software outsourcing for the on-line gaming industry, announced today that it has achieved Capability Maturity Model Integration (CMMI) certification. The Software Engineering Institute (SEI), at Carnegie Mellon University, Pittsburgh, Pennsylvania, developed CMMI as the industry standard for assessing software development processes.

"We believe that we are among the first in our industry to achieve CMMI certification," said CTXM CEO Udy Yosha. “Our entire team has worked extremely hard for this certification and this is further evidence of our focus on quality and our track record of delivering best-in-class software to on-line gaming operators worldwide."

“Achieving CMMI Maturity certification is a significant accomplishment for the company and a reflection of our ability to relentlessly optimize our data-driven processes,” said CTXM Quality Management System (QMS) manager Harijs Bernans.

The company already holds ISO-9001 credentials and has recently had its gaming applications certified by a leading independent testing laboratory (ITech Labs PTY Ltd.).

The assessment was carried out by CyberQ, the leading Software Quality Assurance Consulting and Auditing company from India that has conducted appraisals of many companies in a number of countries. Dr. Rajiv Nag, Lead Appraiser praised CTXM for its responsiveness and for its professionalism.

About CTXM

CTXM, a subsidiary of Com-Tec-Co (Luxembourg) SA, is a software development company providing IT consulting and development services to the casual games and on-line gaming industries. On-line casino operators world-wide enjoy a full range of casino games complete with back-office reporting and marketing functions. CTXM provides game development services for Microsoft Xbox Live Arcade platform and the casual game space. CTXM has headquarters Riga, Latvia and a subsidiary located in Minsk, Belarus.

About SEI-CMMI

The Capability Maturity Model Integration (CMMI), of the Software Engineering Institute, Carnegie Melon University, Pittsburgh, PA, USA, is a framework that describes the key elements of an effective software and system engineering process. The staged representation of the CMMI describes an evolutionary improvement path from an ad hoc, immature process to a mature, disciplined process. The CMMI covers practices for planning, engineering, and managing software development and maintenance.

When followed, these practices improve the ability of organizations to meet goals for cost, schedule, functionality, and product quality. The CMMI establishes a yardstick against which it is possible to judge the maturity of an organization's software process and compare it to the state of the practice of the industry. The CMMI can also be used by an organization to plan improvements to its process.

For Further Information Contact:

Dmitry Kuznecov
CTXM Sales Executive
+371 6780 1946
dmitry.kuznecov@ctxm.com


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