updated 2/8/2011 9:45:56 AM ET 2011-02-08T14:45:56

CANTON, Ga., Feb. 8, 2011 (GLOBE NEWSWIRE) -- GBS Enterprises Inc. (OTCBB:GBSX) has announced that its majority owned subsidiary, Group Business Software (GBS), a leading provider of IBM Lotus software and Cloud services, was awarded by IBM the CTO Award for best innovative product for 2011 at Lotusphere 2011, IBM's premiere event in Orlando, Florida last week.

The IBM Lotus Awards recognize exceptional IBM PartnerWorld members that specialize in Lotus software solutions and have excelled at providing quality products, innovative solutions and superior services to customers. For the 2011 Lotus Awards, hundreds of applications were received from many countries around the world.

The Chief Technology Officer (CTO) Award recognizes a visionary IBM Business Partner who is leading the technology charge by exploiting Lotus' latest capabilities in innovative and exciting new ways. These solutions are positioned to be drivers in tomorrow's new markets, foster innovation, and stand out above their peers.

"We are thrilled IBM Lotus chose our GBS Transformer product as the winner of this prestigious award," says Jennifer Meade, CTO, Group Business Software.  "It really validates our decision to develop a product that allows customers to easily transform their older Lotus Notes applications to XPages that take full advantage of Web 2.0."

In addition, GBS was named a Finalist for Best Industry Solution for the work they did in developing a system that helps Veterans and People with Disabilities submit and acquire the benefits they are entitled to receive more rapidly.     

Other Recent GBS Awards

2011                                                                                                       

  • 2011 IBM Lotus Award Winner: Chief Technology Officer Innovation Award for GBS Transformer
  • 2011 IBM Lotus Finalist: Best Cross Industry Award
  • 2011 IBM Beacon Award Finalist: Cloud Computing Innovation - Cloud Builder Category for GROUP Live

2010

  • 2010 IBM Lotus Award Winner: Chief Technology Officer Innovation Award for GROUP Live
  • 2010 INNOVATIONSPREIS-IT 2010 Award for GROUP Live
  • 2010 IBM Lotus Finalist: Best Industry Award for eb.Vokkus
  • 2010 IBM Lotus Semi-Finalist: Best in Lotusphere Showcase Award

2009

  • ISM Award GROUP CRM Top 15 Honors

About Group Business Software

Group Business Software AG, founded in 1992, is the worldwide leader in solutions built on and for IBM Lotus software. The company boasts more than 4,000 customers worldwide with more than 4 million users of their products and services.  GBS has 12 locations across North America, eastern and central Europe and the United Kingdom.  Its European headquarters are in Frankfurt, Germany and North American headquarters are located in New York City.

CONTACT: Gary MacDonald
         EVP and Chief Corporate Development Officer
         GBS Enterprises, Incorporated
         917.477.9509
         gmacdonald@gbsx.us
         www.gbs.com

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