Dear Shareholders,
 
 My Warm greetings to all of you,
 
 In the year 2010, we made significant progress in realizing our vision.
 Our core values of Knowledge and Action continued to propel us to
 deliver sustained value for our Shareholders, Customers, Employees and
 the Community at large. Knowledge propels us to understand our
 Customers, innovate and stay at the cutting edge of our domain area,
 Action drives us to convert challenges into opportunities with speed
 and Care ensuring that we are devoted to our customer''s needs and the
 development of our employees.
 
 It was a satisfactory year for G- Tech operationally. Its key business
 demonstrated significant improvement benefitting from aggressive
 restructuring efforts initiated by the Company''s management.
 
 As you are aware, technological shifts are changing the very contours
 of the economic and business environment, regardless of geographic
 boundaries. Digitalization, Deregulation, Globalization and Investor
 Activism have altered the corporate landscape and ushered in an era of
 discontinuity.  Organizations have had to reconstruct their business
 architecture and we, at G- Tech, are no exception.  To face these
 challenges, we have been constantly re-inventing ourselves over the
 last few years.
 
 Our objective is to ensure success and deliver sustained value for our
 Shareholders, Customers, Employees and the Community at large. We can
 achieve our objective by being the best and not necessarily the biggest
 or the fastest. Many a times, expectations of the Employees, Customer,
 Shareholder and Society may seem conflicting, but a deeper insight
 reveals that they complement one another and in fact, can be achieved
 only together. For instance, a Corporate that does not make itself the
 best place for its employees will not for too long deliver the best
 products and facilities to its customers or the best returns to its
 shareholders. Our endeavour is to put in place a robust system with
 appropriate building blocks glued together by values and culture that
 will last generations. A slew of proactive measures have already been
 unveiled, riding on our renewed strategic thrust, innovative structural
 initiatives and contemporary systems adoption.
 
 Although our Company''s success is being rooted in being pro- active in
 the fast- changing world of Information Technology, the pace of change
 is accelerating faster. Going forward, we would be required to
 anticipate the future and be ready with solutions, even before the
 customer demands them. To keep winning in tomorrow''s world, we will
 need to be even more pro- active, customer centric, contemporary and
 even more innovative. Innovation is in your Company''s DNA and I am
 confident that this will keep us ahead and winning.
 
 As the great opportunity in the Indian Markets continues to unfold, G-
 Tech will be ready to seize all the possibilities and in doing so, we
 will draw on our Technological and Knowledge base that has been
 achieved by us over long years of enduring and persistent hard- work.
 
 At this juncture, I would like to mention that our success has been
 singularly possible because of our people who are passionate about your
 Company''s success. Thus, I would like to take this opportunity of
 placing on record my appreciation of the employees and the management
 team at G- Tech. Their dedication and commitment have enabled us to
 reap the benefits of the upturn of the economy and better realize
 synergies of the restructuring efforts initiated by us. Our employees
 are and will continue to be an integral part of our success and it is
 only because of their dedication and support that we have been able to
 chalk out a road- map for the operations and functioning of the
 Company.
 
 With gratitude to our Investors, Employees, Customers and all
 Stakeholders, I look forward to your continued support in our 
 endeavour.
 
                                                      With Best Wishes, 
 
                                                          Thanking You,
 
                                                                    Sd/-
 
 PLACE: Thane.                                          Kanubhai Patel
 
 DATE: 1st September, 2011.                                   Chairman