LANDOVER, Md., Feb. 28, 2011 /PRNewswire/ -- AITHERAS, LLC, the Landover, Maryland-based regulatory readiness firm and an 8(a) minority-owned business, has announced that it, along with iGATE Corporation, has been awarded a Mentor-Protege agreement from the Department of the Treasury and the Office of Small and Disadvantaged Business Utilization (OSDBU).
The Mentor-Protege Program is designed to perform Department of the Treasury contracts and subcontracts, foster the establishment of long-term business relationships between these entities and Treasury prime contractors, and increase the overall number of these entities that receive Treasury contract and subcontract awards. Treasury and OSDBU believe that the Mentor-Protege program offers small businesses an unparalleled opportunity to accelerate their development, thereby strengthening the U.S. economy.
Andrew Milisits, Managing Partner and Founder of AITHERAS, LLC said, "The awarding of this one-year contract will assist us substantially in our efforts to grow our business with the Department of the Treasury, through the partnership, support and mentorship of iGATE. In collaboration with iGATE, we can now offer an extensive list of services to Treasury. Under the mentorship of iGATE, we are confident that we will be able to enhance and strengthen our capabilities."
Phaneesh Murthy, iGATE President and Chief Executive Officer, said, "Through this partnership, we believe we will be able to expand our business as we reinforce our commitment to support small minority businesses that share our space."
The Mentor-Protege Programs motivate and encourage firms to assist small businesses (SB), including HUBZone small businesses (HUBZone), small disadvantaged businesses (SDB), women-owned small businesses (WOSB), veteran-owned small business (VOSB), and service disabled veteran-owned small businesses in enhancing their capabilities.
About AITHERAS, LLC
AITHERAS, LLC, a Landover, Maryland-based regulatory readiness firm, provides enterprise solutions including electronic document management, IT operations management and testing, regulatory validation and compliance. The company is an 8(a), minority-owned business as defined by the Small Business Administration.
iGATE is the first Business Outcomes driven integrated Technology and Operations (iTOPS) solutions provider with a global delivery model. iGATE's unique business model aligns with the client's strategic objectives to achieve operational efficiencies, increase cost variability and rationalize their current operating environment. With industry expertise spanning decades, iGATE has developed the right solutions with its Business Outcomes driven approach for industry verticals - Banking, Insurance, Manufacturing, Retail, Health Care, Media & Entertainment and Telecom & Hi-Tech.
SOURCE AITHERAS, LLC