AirVault forms Alliance with Lifewood for Asia Services and Support

EDMOND, Okla., Nov. 12, 2012 /PRNewswire-iReach/ — AirVault today announced that it has agreed with Lifewood Technology Limited, a wholly owned subsidiary of VanceInfo Technologies, Inc. (NYSE: VIT) , to form a non-exclusive alliance to serve the aviation industry in the Asia Pacific region by providing end-to-end maintenance records capture, recognition, conversion, storage and retrieval, and global sharing.

AirVault is the leading web-based solution that enables airlines to manage fleet maintenance records across their entire communities of business and regulatory partners. Based in Hong Kong, Lifewood is a well-established global provider of business process outsourcing (BPO) solutions.

Critical Technologies CEO, John W. Oldham, said, “Over the past year, we have invested heavily in AirVault’s mature cloud-delivery technology so that our customers see the same document response time, just over one second, whether they are in Iowa, Shanghai, Dubai, Amsterdam, Singapore, or any other place where aircraft are flown and maintained. Our alliance with Lifewood greatly expands our ability to offer additional BPO services that enable our customers to bring historical records online around the world with dispatch.”

“We are delighted to work with AirVault to support their platform in the Asia Pacific Region,” said Ronald Cheung, Managing Director of Lifewood and Executive Vice President of VanceInfo Technologies Inc. He continued, “This alliance has demonstrated the joint strength of total and seamless integration of airline domain knowledge, data management, resources, and technology between the two companies. I look forward to providing excellent end-to-end Airline Record Management, MRO record standardization solutions, and other valuable services to our customers in the field of aviation.”