Nucleus Software signs deal with Senior Solution

Nucleus Software signs deal with Senior Solution Nucleus Software Exports, a leading provider of integrated software products for banks and financial institutions, has entered into a partnership deal with Senior Solution as their channel partner, Brazil, Latin America. It should be noted that the latest move is the third channel alliance that Nucleus Software has established in the Latin America region.

Through this deal, Nucleus will be able to leverage Senior Solution's geographical reach and regional expertise to market and distribute its flagship product 'FinnOne' Suite to the financial institutions in Brazilian markets. The scrip of the company today closed at Rs 101 on BSE. The stock had hit a 52-week high of Rs 131.50 on 26 August
2009 and a 52-week low of Rs 39.50 on 12 March 2009.

Nucleus Software Exports' net profit surged 72.37% to Rs 15.41 crore on 11.20% fall in net sales to Rs 47.90 crore in Q2 September 2009 over Q1 June 2009. The company declared its results on 26 October 2009.