GBS Enterprises Engages Alliance Advisors as Investor Relations Counsel

NEW YORK, Nov. 14, 2011 (GLOBE NEWSWIRE) -- GBS Enterprises Incorporated GBSX ("GBS"), a global software and services company specializing in cloud automation, application modernization, and a comprehensive portfolio of business applications, today announced the Company has retained Alliance Advisors, LLC to provide strategic investor relations services. Alliance Advisors will assist the Company in broadening its presence in the financial markets while helping investors gain a better understanding of GBS's business and investment opportunity. Mr. Alan Sheinwald and the rest of the Alliance Advisors team will be advising the Company in all facets of its corporate and financial communications.

"After interviewing a number of investor relations firms, we are pleased to have selected Alliance Advisors as our investor relations counsel," stated Joerg Ott, Chief Executive Officer of GBS Enterprises. "Alliance Advisors has a proven track record of successfully representing U.S. publicly listed companies with a broad range of services on both a domestic and a global level. We are confident that together with Alliance Advisors, we will effectively communicate our business model, growth strategy and value proposition to the investment community. We look forward to broadening our exposure to the investment community and expanding our shareholder base."

Alan Sheinwald, President and Founder of Alliance Advisors, stated, "GBS's technology is helping to augment the current solution for moving Fortune 500 global corporations who are utilizing the Lotus platform onto the cloud in the most efficient and cost effective manner in the market today. Through their partnership with IBM, GBS has been able to demonstrate the effectiveness and capability of their social software and analytics, significantly improving operating efficiency and revenue for clients. GBS Enterprises brings a cost effective and unique solution that can efficiently transfer IBM's clients to the cloud, maintaining them on IBM's world class platform and driving increased revenue to the symbiotic relationship. We look forward to working with the Company in all aspects of their corporate communication and investor relations needs."

About GBS Enterprises Incorporated

GBS Enterprises Incorporated GBSX is the 50.1% parent company of Group Business Software (GBS), a global software and services company specializing in cloud automation. The company serves to: automate business processes; optimize system & application performance; ensure messaging security & compliance; modernize server-based applications to Web 2.0; and simplify application development & delivery.

Strong customer allegiance paired with a diversified portfolio of powerful business solutions place GBS at the forefront of the market in terms of both revenue growth and profitability. GBS has won many awards for its innovations, as well as resources spanning five time zones.

GBS has over 4,000 customers worldwide with over 4 million users of its products and services. Its North American headquarters is in New York City and its European headquarters is in Frankfurt, Germany. There are over 15 offices throughout North America and Europe. For more information, please visit www.gbs.com. The contents of the website are not incorporated by reference into this press release.

Caution Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.