25th February 2009, Abu Dhabi - Al Taif Technical Services (Al Taif), a wholly owned subsidiary of Mubadala Development Company (Mubadala), announced today it has formed a working-level partnership with Injazat Data Systems, another affiliate of Mubadala, for IT and consultancy support. This alliance further demonstrates that technological synergies are being realized within Mubadala's portfolio of companies.
This strategic alliance was formed through the support of DynCorp International, who was appointed as Al Taif Technical Services prime vendor and partner, to provide management and technical expertise, processes and systems.
Al Taif Technical Services CEO, Cyril Arar, said "Al Taif has recognized that creating key partnerships is vital for sustained growth and development as well as delivering world-class services to present and future clients. The alliance between DynCorp International and Injazat Data systems provides best-value to Al Taif Technical Services and our primary customer, the UAE Armed Forces."
Ibrahim Lari, CEO of Injazat Data Systems, said "By actively participating in this alliance, Injazat Data Systems will support Al Taif Technical Services by introducing best-practice business processes, re-engineering and systems integration expertise. This can only be the start of what promises to be an exciting journey, which will lead to commercial opportunities throughout the region".
Al Taif Technical Services' largest client is the UAE Armed Forces, with whom it has secured a 20-year contract. This contract includes servicing a large and diverse fleet of international military vehicles and equipment, as well as providing stores and inventory management, training and training management, spares provisioning and facilities management services.
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About Al Taif Technical Services:
Al Taif Technical Services is a leading Maintenance, Repair and Overhaul (MRO) services provider for defense-related land systems, armored combat vehicles, main battle tanks, tracked and wheeled heavy utility and ground support equipment in the UAE and the Gulf region.
The Company was launched by Mubadala Development Company in late 2006, and operates in close collaboration with the General Head Quarters (GHQ) of the UAE Armed Forces.
With global expertise and partnerships, a significant skills base, first-class facilities, local knowledge and the commitment to building a sustainable and commercially viable support system for the UAE and regional armed forces, Al Taif is fast becoming a center of excellence and a regional partner of choice.
About Injazat:
Injazat Data Systems is an Information Technology (IT) and business process services provider. Injazat offers a broad range of services from IT strategy setting and IT consultancy through systems integration to comprehensive outsourcing of IT or business functions. Injazat is a Joint Venture between Mubadala Development Company (60%) and Electronic Data Systems (EDS) (40%).
Injazat provides comprehensive services from consulting to complete outsourcing. We have extensive capabilities to manage, enhance and support the IT and business processes of large and small Organizations. In support of this, we have the expertise to develop overall IT strategies and help our clients stay on the edge of business and technology innovation. Injazat is a local company with a global experience; we employ 600 people of more than 37 nationalities.
About Edelman
Edelman is the world's leading independent public relations firm, with over 3,200 employees in 54 offices worldwide. Edelman was named PRWeek's "2008 Large Agency of the Year," Holmes Report's "2008 Global Agency of the Year," and listed as top-10 firm in Advertising Age's "2007 Agency A-List," the first and only PR firm to receive this recognition. In 2007, CEO Richard Edelman was honored as Agency Executive of the Year by Advertising Age and "Most Powerful PR Executive" by PRWeek. For more information, visit www.edelman.com.
For more information, please contact:
AL TAIF Technical Services, A MUBADALA COMPANY
Matthew Cochran
Director of Business Development & Commercialization
Al Taif Technical Services
A Mubadala Company
Tel: +971 2 4185508
Email: CochranM@altaif.ae
Mariam Bumajeed
Manager, PR & Marketing
Office of Commercialization
Tel: +971 2 4185534
Email: bumajeedm@altaif.ae
Elizabeth Lockett
Senior Accout Executive
Edelman Abu Dhabi and Middle East
e: Elizabeth.Lockett@edelman.com
m: +971 50 441 6265
t: +971 2 406 9848
f: +971 2 406 9810
© Press Release 2009