1. The above financial results were approved and taken on record by the Board of Directors at their meeting held on April 27, 2009.

2. The provision for tax is subject to statutory audit.

3. During the last quarter the Company has allotted 4,00,000 shares of Rs 10/- each issued at a premium of Rs 125.99/- per share aggregating to Rs 135.99/- share against exercise of warrants by the Promoters. The corporate action with the Depositories is under process.

4. The company has only one segment of revenue i.e. Software, Software Products and ITES and BPO.

5. The figures have been re-grouped and re-arranged wherever necessary.

Dr. Vivek Hebbar
Director