TORONTO, CANADA, 19 June 2007 /PRNewswire/ - Today, Osellus, a leading software process automation solution provider, was profiled by IDC as of the ten Canadian Software Companies to Watch.

"The companies in this study have not only developed impressive solutions; they have lists of impressive customers and partners who continue to benefit from their technology. While these large organizations could have turned to 'tried and true' vendors, they were attracted by the innovation, speed, power, and flexibility that these smaller companies have demonstrated," said Krista Collins, analyst for Canadian IT Innovation and Export, and one of the authors of the report.  The report cites: "These companies have overcome internal challenges, and have successfully contended with the ever-changing ICT industry, evolving regulations and standards, and large competitors with even larger marketing budgets. They have the potential to impact the ICT market in Canada and beyond." 

"We are pleased to receive this recognition by IDC.  It confirms our long held view that innovation and investment in research and development can and should result in lasting customer value," said Omid Hodaie, CEO of Osellus. 

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For further information, please contact Chandra Bhople, Director of Business Development, at 1-866-OSELLUS (416-603-6667) or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or visit http://www.osellus.com.

About Osellus

Osellus is a leading provider of process improvement and automation solutions for the software development industry. Osellus is a member of Microsoft Inner Circle Partner and IBM's ISV Advantage program. Osellus helps software development organizations select, enhance, model and automate the underlying processes that support their application development efforts. By adopting a process-centric development model, Osellus customers are better positioned to meet their time-to-market, quality and cost objectives.

Osellus, the Osellus logo and the marks relating to other Osellus products and services referenced herein are either trademarks or registered trademarks of Osellus Inc. All other trademarks are the property of their respective owners.