NTrust Infotech opens its second Knowledge centre in Chennai

To recruit 200 for its KPO practice

Chennai, July 26, 2006: NTrust Infotech Pvt Ltd., a niche player providing comprehensive IT solutions and KPO services to the Real Estate Leasing industry, today inaugurated its Second Knowledge Centre in Chennai. The company intends to double its headcount to 400 by the end of the current fiscal.

Headquartered in Chennai with an onsite office in Cerritos, CA, USA, NTrust Infotech closed the last fiscal at an impressive $12 m. Interesting to note, NTrust was founded only in 2003. The company has aggressive plans and intends to double its revenues by 2008.

Speaking on the occasion, Mr. Srikanth Ramachandran, CEO & President, NTrust Infotech, detailed, "Outsourcing in Real Estate Lease administration space which is currently in a nascent stage is set to witness massive growth fueled by rising cost of manpower and unavailability of trained professional in the market. We have built a strong offering in the shape of REAPTM* and LEAPSM*to tap this burgeoning market."

NTrust has indigenously built REAPTM, a comprehensive enterprise software product for both corporate and retail lease administration and LEAPSM, a unique KPO service offering in lease administration outsourcing starting from lease abstraction to critical data management. Currently, the company employs 300 professionals worldwide of which 200 are based in India. Of the 200, 60 numbers are employed on REAP and 140 are on the LEAP division.

"The need for the second centre is due to the strong response to our LEAP services. This trend is likely to grow and we are expecting further ramp up our operations in the coming months." added Mr. Janakiram Ramachandran, COO, Indian Operations.

The 14,500 sq. ft. knowledge centre is located at Radhakrishnan Salai and will have a capacity of 160 seats. The other centre located at Alwarpet will act as the development centre for REAP.

About NTrust Infotech

Founded in 2003, NTrust Infotech provides IT solutions and unique KPO services to the Real Estate Lease Administration space. The company's offering includes REAP, a comprehensive enterprise software product, and LEAP, a service which covers lease abstraction to critical data management.

Headquartered in Chennai, the company has an onsite office in Cerritos, CA, USA. The company employs 300 employees of which 200 are based in India. The company registered revenue of $12 m in 2005.

For further information, please contact:

A Sornamani

NTrust Infotech

ASornamani@ntrustinfotech.com

R Sriganesh/Vinitha Ramani

20:20 MEDIA,

28260145/55519908

9840368048

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Submitted by Karthikeyan D S - Account Executive- 20:20 MEDIA, Chennai