The PPST is a 3 month full-time training program where students learn the art of software testing and practice their learning on relevant projects. Students are also required to pass the ISTQB certification for entry level testers.

Mr. Madhu Murty, CEO Primora said "Research shows that only the top 15% of engineers are employable. With focused remediation, Primora believes 40% of the engineers will be employable.”

Mr. Murty, former head of the Testing Practice at Accenture and former Senior Vice-president at AppLabs further added, "The three co-founders Sriram, Asokan and I moved on and started Primora as we believe that people with the right industry experience should groom the next generation. Having seen what the industry needs we decided to do something about it.”

Sriram Rajaram, COO, Primora added "The IT industry expects to hire more than 30,000 testers this year. Companies are hiring graduates and spending Rs. 2.5 Lakhs to train each fresher for 2-4 months. "

Source: Press release distribution via India PRwire

About Primora

Primora is a Hyderabad based company focused on software testing and offers training and consulting services. Primora is founded by professionals with more than 100 years of IT experience in software product and services companies like Accenture, Baan, Virtusa, AppLabs, MinVesta, etc.

In order to deliver on milestones within budget you need to have effective co-ordination and communication between the various departments involved, coupled with accurate tracking of materials, expenses and revenues. In other words, you require a strong project management and job costing mechanism built into a robust accounting system.

“We are very focused on this segment and have built up significant domain expertise with our implementation partners across India. Sage believes in adding value to its customers and will continue taking a ‘solutions approach’ to address the needs of this segment. We already have a number of customers in India using Sage Accpac ERP with our Project & Job costing solution. This is a unique offering from Sage and differentiates us in the marketplace for small and medium businesses, said, Thomas Abraham, Managing Director, Sage Software India (P) Ltd”. He added further, “We have identified about 800 Indian companies in this segment who are ready for a solution with an overall market size of Rs 160 crores. We have over 10 companies in this segment using our solution already in India and have embarked on a focused program to build our presence in a more comprehensive manner”.

Business Challenge

· For every project, post analysis and requirement scoping, a detailed design and component selection is undertaken. A Bill of materials is then created which goes to the purchase department wherein it has to be logged in against the specific project. In such a complex scenario there is a major challenge in material management, tracking and planning.

· Also since there are various costs that have to be incorporated into the project billing, such as material cost, time cost of man-hours spent by personnel from multiple departments, you require a system that could ensure accurate time and materials costing while providing estimates to its clients. The billing process is also quite complex as invoices need to be raised at any phase of the project, hence it is essential for project cost visibility at all times in the project cycle.

· Apart from needing a project job costing solution, there is also a requirement for accounting software that could meet your financial requirements, ranging from Indian tax compliance and payment, accounts receivable and accounts payable, bank reconciliation and general ledger.

· All small and mid-sized companies are concerned about the impact that growth would have on its technological investments and would want a modular, scalable solution that would adapt to its unique workings and keep pace with the organization’s growth.

Solution

· Sage Accpac ERP system having a strong project job costing module that integrates with the financial modules and purchase order addresses these rigorous requirements.

· A sophisticated, robust operating and accounting system, Sage Accpac ERP has a modular structure, which allows you to implement only the modules and options you need today and build out your financial system by adding on more options later. The Sage Accpac ERP system also has the capability of integrating with other productivity solutions like CRM and is highly customizable, and works in a multi location environment..

· The core financial modules of Sage Accpac ERP comprising of accounts receivable, accounts payable, the general ledger and the system manager can help you confidently manage your complex finances. Available with full multicurrency capability, powerful bank reconciliation and tax reporting features, flexible transaction processing options, and informative dashboards for analytical reporting, Sage Accpac ERP accurately presents valuable financial information in a clear and understandable format.

· The Project Job Costing module makes the estimating, tracking, costing, and billing of projects easy and manageable, thus simplifying the cost control and planning. Sage Accpac Project Job Costing connects project activities with company financials, provides extensive inquiry and reporting capabilities and helps ensure accurate and timely accounting and billing processes throughout the life of a project. The powerful features incorporated in Project and Job Costing help in identifying potential issues, tracking costs, ensuring profitability and determining success factors for any project. The automated billing features in this job cost accounting software streamline customer invoicing and reduce the time spent managing this process.

Benefits

· The project and job costing module of Sage Accpac can enable you to place orders, receive materials, track materials and assign manpower against specific projects. Since it automatically tracks the project cost throughout its life cycle, it allows the managers to keep track of project profitability at all times.

· The strong reporting feature avoids delays in the project work flow due to communication lapses, prevents misallocation of materials and ensures effective utilization of manpower and resources to guarantee profitability.

· By providing a greater understanding of the profitability and multi-level costing of projects, Sage Accpac also helps you to estimate better. Since it helps in tracking arrival and dispatch of materials at all times, it also facilitates supply chain management.

Source: Press release distribution via India PRwire

About Sage Software India

Sage Software India has over 700 customers in India for its CRM and ERP products across industries like, Engineering Services & Projects, Financial Services, Manufacturing, Distribution, Travel and Hospitality, Healthcare, Media and IT Services. Sage has a number of industry specific solutions to address the needs of the Indian market. For further information please visit www.sagesoftware.co.in.

About the Sage Group plc

Sage Software India is a subsidiary of The Sage Group plc, a leading global supplier of business management software solutions and related products and services, principally for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989, and now has 5.7million customers and over 14,800 employees worldwide. Sage has operations in over 20 countries, covering the UK, Europe, North America, South Africa, Australia, India and China. For further information please visit www.sage.com.

Kirloskar Ferrous Industries is a major player in the castings and pig iron markets, with production facilities at Bevinhalli village near Hospet and in Solapur. The company will use Oracle Applications to streamline operations across both its production facilities. The company has implemented key modules from the Oracle E-Business Suite - including Financials, Manufacturing, Distribution and Human Resources - to meet its system and data integration needs across its various departments.

“The implementation of Oracle Applications is a strategic initiative to streamline our existing operations across different locations. This provides an integrated view of information across the various departments to help our decision-making process,” said Mr. R.V. Gumaste, Managing Director, Kirloskar Ferrous. “The implementation of Oracle Applications in a short period of 108 days shows the flexibility and ease of implementation of the Oracle E-Business Suite and the capabilities of the Hexaware and Oracle teams.”

“The manufacturing sector in India is undergoing rapid transformation as Indian manufacturers cater to the increased demand from both the domestic and international markets,” said Mr. Nitin Paranjape, director, Commercial Applications Sales, Oracle India. “Oracle provides world-class solutions for the manufacturing sector that are easy to implement and use, and which offer immense flexibility. We are happy to partner with Kirloskar Ferrous on their growth path.”

“The Kirloskar Ferrous implementation stands testimony to Hexaware’s ability to rapidly deploy Oracle Enterprise Resource Planning (ERP) solutions for the manufacturing industry. We believe in continuously adding value to our clients by offering them the benefit of our extensive domain expertise and application-specific tool kits,” said Mr. Moorthi Chokkanathan, Head, India and Mexico, Delivery and Operations, Hexaware Technologies. “We received excellent support from Kirloskar Ferrous’ top management.”

Another group company, Kirloskar Oil Engines Limited, is a long-standing Oracle Applications customer.

Source: Press release distribution via India PRwire

About Kirloskar Ferrous India

Kirloskar Ferrous Industries Ltd (KFIL) is part of the Kirloskar group, a 120 million US Dollars engineering conglomerate supporting critical industries. The group companies are century old pioneers in their areas of specialization like power, agriculture, industry and transport, oil and gas and environment protection with a range of world-class industrial products and turnkey services. Kirloskar Ferrous is in the business of manufacturing of grey iron castings, S.G. iron castings, steel investment castings and pig iron. With two plants in Solapur, Maharashtra and Bevinahalli, Koppal, Karnataka, KFIL has more than 1300 employees and a turnover of more than INR 5 Billion.

About Hexaware Technologies Ltd.

Hexaware is a leading global provider of IT and BPO services. The Company has achieved leadership position in domains such as Banking, Financial Services, Insurance, Transportation, Logistics and HR-IT solutions. Hexaware focuses on delivering business results leveraging technology solutions and specializes in Business Intelligence & Analytics, Enterprise Applications, Independent Testing and Legacy Modernization. Hexaware has been providing technology solutions for business for 17 years and offers world class service delivery, technology leadership and skilled human capital. For additional information log on to www.hexaware.com

Oracle entered India in 1987 and set up an India Development Centre in 1994. Today, Oracle has two India Development Centres as well as Indian hubs for Oracle's global support, consulting and financial services operations. Through its extensive network of more than 400 channel and alliance partners under the Oracle PartnerNetwork, Oracle India markets the complete range of Oracle products and services across India. Oracle India has more than 7000 customers in the telecommunications, banking, insurance, manufacturing and utilities industries, across the government and private sector. Oracle India is a major partner for E-Governance initiatives of Central and State Government bodies in India. The Oracle-HP E-Governance Centre of Excellence, Oracle Asia R & D Centre and Partner Solution Center are located at Oracle India’s head office in Gurgaon, near New Delhi. Oracle’s Retail Centre of Excellence is located in Bangalore.

Media Contact: Zubair Poonwalla @ Reach Out PR # 9422009260 / 9822433709 / 9423055128

Founded in 1990, Klesch & Company has made investments valued in excess of $14 billion across Europe, the United States and Asia, with acquisitions including businesses from established public companies such as Alcan, AEGON, Deutsche Telekom and Dynegy. Klesch’s recent focus is on buying businesses that are largely exposed to the volatility of the commodity markets, in particular, oil, gas, coal, electricity, aluminium and other base metals or alternatively making greenfield investments in commodity projects.

Klesch & Company required better visibility into commodity operations and a real-time view of position and risk, coupled with improved business intelligence and reporting for enhanced decision making across the enterprise.

“In addition to Commodity XL having the product functionality that could run our business, we wanted a supplier that we could trust and depend on for a successful long term relationship,” said Thomas Wilson, head of all metals trading at Klesch & Company. “In short order, Triple Point became the clear choice from both a technology and team standpoint. Commodity XL has the functionality to manage our trading, risk and physical operations, and the Triple Point team possesses the knowledge and dedication we require to build a relationship and grow our business for years to come.”

"Companies who want to succeed in the volatile global commodities market must have enterprise systems in place that efficiently and effectively manage information and risk,” said Michael Schwartz, chief marketing officer, Triple Point Technology. “Commodity XL is unique because it covers all the key elements of commodity management: trading, physical operations and risk including governance and compliance, market, operational and credit. Traders, marketers, risk managers, credit analysts, compliance officers, schedulers and accountants all have the real-time information needed to make informed decisions and improve bottom-line results.”

Commodity XL is the leading multi-market commodity and enterprise risk management solution that meets all of the requirements for supply, trading, marketing, logistics, scheduling, risk management and accounting in today's volatile and complex environment: multi-commodity management, business intelligence and analysis tools for proactive decision-making, real-time integration of physical and financial positions, advanced service-oriented architecture (SOA) and comprehensive enterprise risk management covering the four key areas of corporate financial exposure: operational risk, market/price risk, counterparty credit risk and corporate governance and regulatory compliance risk.

Klesch & Company has also selected Commodity XL PhysOps ‘Visual Cockpit’™ to manage its logistical operations. It is a next-generation software solution for managing the logistical and financial complexities of waterborne and overland commodity shipments of bulk and packaged commodities. PhysOps ‘Visual Cockpit’ enables commodity importers, exporters, producers, refiners, manufacturers, distributors and global traders to move bulk and packaged commodities by sea-going vessel, barge, truck, railcar and pipeline. With PhysOps ‘Visual Cockpit’ global commodity traders can plan, conduct and optimize complex shipments including those involving multiple cargos, suppliers and receivers, delivery points and border crossings.

Source: Press release distribution via India PRwire

About Triple Point Technology

Triple Point Technology® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point’s Commodity XL™ profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. In addition to Triple Point's award-winning commodity and energy trading software being used by more than 25 percent of both Global 500 commodity trading and Global 500 energy companies, other organizations with large raw material and energy exposure, including consumer package goods (CPG), discrete manufacturers and big box retailers, are quickly adopting the Triple Point solution. Named to the Deloitte Technology Fast 50 for ten straight years, Triple Point added to its record-breaking organic growth in 2008 with the acquisitions of INSSINC, the leading provider of hedge accounting and fair value level software and ROME Corporation, the industry leader in credit risk software solutions. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from nine development and support centers located around the globe. More information is available at www.tpt.com.

Media Contact: Zubair Poonawalla @ Reach Out PR # 9422009260

Dr. P. Sekhar, after his Ph.D in Nuclear Physics and Solid State Electronics has developed Technologies for Global market in the fields of IT, Security including rapidly emerging spheres in wireless, Health and Energy technologies, to create products for the utilization of common man globally to make a difference in the society. His vision and dream was to introduce Innovative technology products to the world to improve the life style by giving safety, security and life support through Micro Technologies (India) Ltd. Micro Technologies India Ltd. is a leading provider of the much-needed security devices, life support systems and web-based software solutions. It has incepted high-end security products, right from mobile security to automobile security & Monitoring Systems. Micro Technologies under his guidance has grown consistently and his dream to serve the society in terms of technology has come true. Micro Technologies has also been felicitated by many awards like “Maharashtra IT Award”, for R&D in IT sector, “Delloitte Fast 500 Asia Pacific Award” for being one amongst the 500 fastest growing companies in terms of revenue and “Dun & Bradstreet ECGC - Indian Exporters’ Excellence Award”. His contribution to the society has marked a difference in the field of technology. He has always been keenly served the masses and has given the society the much-needed security products which were never thought of above all, he has given them the peace of mind in terms of security, which is very precious.

Others among the people to get the honors were Shankar Mahadeven, Shreya Ghoshal, Ashwini Bhave, Hariharan, Shobha Iyer etc.

This is a great honor for all the felicitators and a set example for citizens who thrive to do significant amount work for the benefit of the society and the well beings.

Source: Press release distribution via India PRwire

Micro Technologies (India) Ltd is a leading global developer, manufacturer and marketer of IT based security solutions for its clients across the globe. Products range includes the much-needed security devices, life support systems and web-based software. It is one of the most valued security solutions across the globe and has been accorded with Global awards like as well as the Maharashtra IT Award for its R& D. Micro Technologies aims at displaying not just the technological innovation and prowess but also the product diversity in various segments of vehicle, premises, mobile, other assets and now entering Energy & Health Segments.

To be recognized as one of the leading exporter in India is truly an important milestone in the growth of Micro Technologies as a company that strives for innovation and excellence.

The core objectives of this forum are:
• Link industry professionals, Six Sigma and Lean practitioners across the globe
• Enable excellence aspirants to get well initiated into Six Sigma
• Enable practitioners to sharpen their process improvement competencies based on Six Sigma and associated frameworks
• Facilitate sharing, learning, standardization, benchmarking and drive thought leadership

The forum shall have a key focus on enabling Business and Operational Excellence built around Six Sigma, Lean, Design for Six Sigma and Balanced Scorecard and shall include a wider gamut of Process maturity frameworks in due course.

The forum shall serve as a platform to enable the professional community to "CONNECT - SHARE - LEARN" and enrich their intellectual and execution capabilities. It shall also help create a reliable repository of Six Sigma and Lean applications across various industry sectors besides contributing to drive excellence thinking and action in personal and professional life.

The forum shall be moderated by eXample Consulting Group (www.examplecg.com). As we gain momentum, an independent group of moderators shall be established to oversee specific subject matter areas.

You are invited to join this forum and "CONNECT - SHARE - LEARN" and benefit!! Please visit http://leansigma.collectivex.com to quickly register and participate in the Global Lean Six Sigma Excellence forum.

Once you sign up, you may also invite colleagues, contacts and associates to join and benefit.

Source: Press release distribution via India PRwire

eXample Consulting Group (www.examplecg.com) is a Solution Consulting firm offering Strategy, Process and Operational excellence, Six Sigma, Lean, DFSS, Balanced Scorecard, E-Business (ERP, SCM and CRM), Outsourcing and Offshore advisory consulting, training and certification services to global clients in Americas, UK/Europe, Middle East/Africa, India and Asia Pacific regions in Energy, Banking , Finance, Insurance, Automotive/Engineering, Manufacturing/Logistics, Consumer goods/Retail, Infrastructure/Construction, Telecom, IT and Shared Services sectors. eXample has presence in USA, UK, Kenya and India and works through partners in Canada, South Africa, Bahrain, UAE, Oman, Sri Lanka, Singapore and New Zealand.

As part of the tie-up, WatchGuard courseware and Unified Threat Management appliances will be available across all the centres of Jetking and students will be trained for network security management. WatchGuard has developed the customized training courseware for Jetking and has already conducted first round of “Train the trainer” sessions for its UTM solutions on WatchGuard Firebox® X UTM appliances as part of the offering. Now, businesses across India would be able to employ students who already have hands-on training on the best of the breed UTM appliances.

“As a leader in the Indian Unified Threat Management market this new partnership stems from our desire to promote total network security and Unified Threat Management. We believe that as leaders in the field globally, it is our corporate social responsibility to create and participate in a security ecosystem that benefits local customers. Our focus is to ensure that internet and network security comes into the realm of reckoning of IT network architects, integrators and professionals and this starts with effective education and training of key IT staff”, says Mr. Norbert Kiss, Vice President, Asia Pacific Sales, WatchGuard Technologies. “We are delighted that with our new partnership with Jetking, we can provide important security training in more than 100 locations around the country”, he added.

WatchGuard has been present in India for almost 10 years and has over 5000 installations in the country. “In our interactions with our customers, we realised that there was a growing need for professionals who understood the IT network security requirements. Our tie up with Jetking will help in creating thousands of trained professionals who understand not just the business of network security, but have hands-on experience in working with a UTM appliance”, says Mr. Sunil Sapra, Country Manager, India & SAARC, WatchGuard Technologies.

“Jetking will offer the course as part of the JCHNP (Jetking Certified Hardware & Networking Professional) curriculum and this is the first ever initiative by any training institute in India to create a holistic programme in network security. WatchGuard UTM appliances are recognised the world over as the leaders in network security solutions and we are glad that our students will work on the best of the breed, latest, UTM solutions available the world over”, says Mr. Suresh G Bharwani, Chairman & Managing Director, Jetking Infotrain Limited.

“This strategic alliance is first of its kind and is a reflection of WatchGuard’s commitment to the Indian market”, said Mr. Norbert Kiss at the formal exchange of the contracts at a news conference today. “Hundreds of thousands of IT & network professionals will be trained on Internet and Network Security across the entire country thanks to this innovative and strategic partnership with JetKing. This will further strengthen the incredible IT talent pool in India, in one of the fastest growing and most important IT segments”, he adds.

Source: Press release distribution via India PRwire

About Jetking Infotrain Ltd.

Jetking is India’s No. 1 Computer-Hardware and Networking Institute. Jetking diversified into training business in 1990. Jetking’s core competency lies in providing complete training and developing hardware engineers and professionals with sound technical knowledge. It focuses on the overall development of the personality of an individual with emphasis on personality development, presentation and communication skills, leadership skills etc. In tune with the times, Jetking’s powerful courses are based on current industry demands.

Jetking has established more than 100 operational centres, has over 2500 faculty across the country and has trained over 3,00,000 students who have moved on to carve a successful career for themselves.

About WatchGuard Technologies, Inc.

Since 1996, WatchGuard® Technologies, Inc. has been the advanced technology leader of network security solutions, providing mission-critical security to hundreds of thousands of businesses worldwide. The WatchGuard Firebox® X family of wired and wireless Unified Threat Management appliances and WatchGuard SSL VPN remote-access solutions provide extensible network security, in-depth analysis, and unparalleled network visibility, management and control. WatchGuard products are backed by WatchGuard LiveSecurity® Service, an innovative support, maintenance, and education programme. WatchGuard is headquartered in Seattle, Washington, and has its Asia Pacific regional headquarters in Singapore, with India offices in Delhi, Mumbai and Bangalore. For more information, please visit www.watchguard.com.

WatchGuard, Firebox and LiveSecurity are registered trademarks or trademarks of WatchGuard Technologies, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners.

At Microsoft Corporation Ms. Sheila Gulati is responsible for driving all aspects of marketing for a variety of application platforms and developer technologies including SQL Server, Visual Studio and BizTalk Server.

Welcoming Ms.Gulati, the company’s CEO & Founder Mr. Balaji said, “We're very excited to have Sheila on our advisory board. Her rich experience at Microsoft which encompasses marketing, technical evangelism and business strategy development across global markets will be an asset to Aurigo as we expand our presence in the US, EMEA and APAC regions”.

This appointment comes at a critical juncture as Aurigo's construction management product suite Aurigo BRIX 5.0 is getting widely accepted worldwide, both as a stand-alone construction management solution and in conjunction with the Microsoft Dynamics AX ERP platform.

Sheila holds a Bachelor of Science degree from Georgetown University's School of Foreign Service. She started her career in the Silicon Valley as an Investment Banker at Robertson Stephens where she worked with technology companies.

In her free time, she enjoys yoga, travel and water sports like scuba diving.

Source: Press release distribution via India PRwire

Aurigo Software Technologies Inc. delivers software products and solutions for automating critical processes in the Infrastructure, Real Estate and General Contracting Industries. Aurigo's success has been a direct result of its strong technology, complimented by Aurigo's knowledge of the construction industry and its specific business logic. Aurigo's Product suite BRIX 5.0 can be deployed stand alone or as tightly integrated with Microsoft Dynamics AX and Microsoft Project Server, making the combination a powerful and comprehensive business automation solution for the AEC and Real Estate Industries. Aurigo is a privately held company with offices in New York and Bangalore, India.

The seminar was inaugurated by Dr. Kiran Bedi, who inspired the young audiences with her motivating talk and was able to establish an instant connect with them. She stressed upon the need for constant learning and emphasized that one should aspire to learn something new every day to achieve excellence. She also highlighted the need for students to focus both on learning technical & creative skills, as well as work on developing language skills to communicate effectively.

A host of Animation Industry professionals descended upon Delhi to participate in the symposium. These included Mr. Dhimant Vyas, an Independent Animation Designer, who spoke on the making of “Taare Zameen Par” Title Animation sequence. Mr. Mandeep Singh, from Rhythm & Hues studios, spoke on the making of Hollywood biggies like “THE GOLDEN COMPASS” & “ALVIN & THE CHIPMUNKS”. Mr. Atish Tripathi - Director, Parijat Animation Films enlightened the students & aspirants alike when he spoke on Creation of Original Content & Opportunities in New Media.

In his inaugural address, Mr. Gurtaj Singh Mangat, Zonal Operations Head – North & West said - “We believe that outreach is essential for Indian Animation. PERSPECTIVES is an endeavour by Arena Animation to bring the industry professionals and the student community together on a common platform, which would definitely leave the students with an experience to draw immense benefit from"

PERSPECTIVES, which has been held in all major metros and mini metros across the last two years, aims to bring together professionals from the Animation Community on a common platform to share their knowledge, thoughts, views and experiences of the animation Industry with the students, helping then get an insight into the tremendous career options within Animation, VFX and Gaming. International luminaries viz. like Chris Webster, Head of Animation Provision at the University of the West of England, Bristol and Tim Mostert, internationally acclaimed animator and creator of the ‘Speedy’ comic strip of Daily Sun newspaper of South Africa, have addressed audiences in India.

Source: Press release distribution via India PRwire

About Arena Animation:

Arena Animation is a Pioneer, Trendsetter and Global Leader in Animation education. Arena has an extensive network of centers & has trained over 2,50,000 students globally since it’s inception in 1996.

Arena offers industry relevant courses on Animation & Multimedia to students aspiring for global careers in this New Age industry. It trains students as well as professionals in

the latest industry relevant courses backed by alliances with world leaders, a world-class faculty and the latest technical educational tools.

Arena’s students are placed as Graphic Designers, Web Designers, 2D/3D Animators, 2D/3D Designers, AV Editors, Technical Trainers, 3D Modelers, Multimedia Programmers, Compositors, Visualizers, Content Developers and Pre and Post Production executives in blue chip animation studios and entertainment companies like Prime Focus, Rhythm & Hues Studios, Crest Animation Studios, EFX, UTV Toons, Toonz Animation, Nipuna Services, Prasad Studio, Colour Chips, Ramoji Film City, Green Gold Animation, DQ Entertainment, Paprikaas Animation Studios, UshaKiron TV, Sony TV, Google India, NDTV, TOI, DD Sports, Discovery Channel, Divya Bhaskar, Asianet Satellite Communications, ETV, NDTV, Zee Sports and Zee TV to name a few.

For further information please visit www.arena-multimedia.com

The introduction of these netbooks mark a significant milestone in the notebook market in India and Acer’s Aspire one is built with a single goal in mind: enriching people’s lives through simplicity, giving them immediate access to the Internet and easier communication across their entire online social network.

The Aspire one is a stylish, sleek and highly portable device that can be taken anywhere and opens the door to new and unexplored areas of the online world. For this reason it was important to reduce weight and dimensions. Available in five singularly trendy colours of Sapphire blue, Pink, Brown, Black & White, the result is a masterpiece of technological simplicity with an intuitive and specifically optimized software interface to support connectivity needs. With a reduced LCD size of just 8.9” and weighing less than one kilo, the Aspire one is not only extremely compact (smaller than an average office diary) but offers numerous connectivity possibilities, a full and easy-to-use software application suite and battery life of up to 3 hours plus.

“Caring through innovation, Acer’s products are designed to fulfill customer needs, be it fresh technology or unique design.” said Mr. W S Mukund, Managing Director, Acer India. “As the world’s fastest growing PC vendor among the top five, we are now in position to set the trend in notebook design with the all new Aspire one netbook.”

Acer’s mission – breaking the barriers between people and technology – is brought to life through intense and consistent product research and design that translates advanced technological tools into solutions that can be easily utilized by users of all levels

Commenting on the launch of the Aspire one, Mr. Ajit Joshi, CEO & MD, Infiniti Retail Ltd, said, “At Infiniti Retail Ltd we are constantly looking at ways in which we can add value to our customers shopping experience. We are proud to be chosen to showcase this first-of-it’s kind, all-new communication device in a premium retail environment for the first time in India. The Aspire One will be available across our network of 22 stores starting today. I believe this is because our mega store is present at the right kind of locality, as also has the right kind of consumers visiting it.”

Addressing the conference, Mr. S. Rajendran, Chief Marketing Officer, Acer India said “The Acer Aspire one is a revolutionary breakthrough by Acer in the product design. The notebook was designed taking into account current usage models of our customers, anticipating future trends and needs and then blending the best available technology with software intelligence to simplify their future.”

The Aspire one is equipped with Intel® Atom™ processor, Linpus™ Linux® Lite or Windows XP® Home, and comes 1GB of RAM memory installed. Combining connectivity with inimitable style, the notebook also features the one Mail software suite that lets you manage up to six of your email accounts with a single application interface, including your office accounts. In addition to this, the Aspire one also uses Messenger for Instant Messaging, an application that allows users to simultaneously access Skype, Microsoft Messenger and various other instant messaging services. The software can be used with the integrated video camera for instant video-chats and video confere­­­nces.

"The Intel® Atom™ has been received very positively from all over the world as paving the way towards affordable Internet-centric devices", said Anupam Srivastava, Director - Intel Capital, Intel South Asia. "It is based on an entirely new microarchitecture specifically for small devices and low power. This is our smallest processor built with the world's smallest transistors and a fundamental shift in design, small yet powerful enough to enable a big Internet experience on devices such as Acer's Aspire One. Consumers can use basic computing applications, listen to music, e-mail and surf the Internet. They can also play basic online games, social networking and make voice over IP phone calls."

The Aspire one equipped with the Intel® Atom™ processor is being launched exclusively by Croma across the top markets of Mumbai, Bangalore, New Delhi, Ahmedabad, Pune and Baroda. Apart from the consumer market Acer foresees tremendous potential for adoption of device in segments like Education, Sales force automation, Entertainment & for executives on the move looking for a fully functional computing experience on the move.

No matter how advanced technology becomes, simplicity is all that matters.

* Gartner

Source: Press release distribution via India PRwire

About Acer

Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3 vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer’s continued growth, while the successful mergers of Gateway and Packard Bell complete the company’s global footprint by strengthening its presence in the U.S., and enhancing its strong position in Europe. Acer Inc. employs 5,000 people worldwide. 2007 revenues reached US$14.07 billion. See www.acer.com for more information.

Acer and the Acer logo are registered trademarks of Acer Incorporated. Microsoft and Windows are registered trademarks of Microsoft Corporation. Intel and Pentium are registered trademarks of Intel Corporation. Other trademarks, registered trademarks and/or service marks, indicated or otherwise, are the properties of their respective owners.

About Intel:

Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.

Additional information about Intel is available at www.intel.com/pressroom and http://blogs.intel.com.

About Infiniti Retail Limited

Infiniti Retail Limited is a 100% subsidiary of Tata Sons. The company has launched ‘Croma’, a national chain of mega stores of consumer electronics and durables. The first Croma mega store was launched in Juhu, Mumbai and is spread over 20,000 sq.ft. Currently they are operating a total of 22 Croma stores in India, i.e. 8 Croma stores and a Croma Zip store at the domestic airport in Mumbai, 2 Croma stores in Ahmedabad, 3 Croma mega stores in Pune, 1 in Surat, 3 in Bengalooru and 1 in Delhi and 2 Croma stores in Delhi NCR - Faridabad and Ghaziabad respectively and now 1 store in Vadodara. With ‘Croma’, Infiniti Retail Ltd. has entered into a technical and sourcing agreement with Australian retail giant, Woolworths Ltd. Infiniti Retail Ltd., will own and run the retail operations in India, while Woolworths will provide technical support and strategic sourcing facilities from its global network.

Addressing to the media Mr. Michael Brecht, CEO & Founder, ZaaBiz.com said, “through ZaaBiz we intend to provide the Indian communities with a credible business networking platform that connects people and facilitates quick solutions to complex problems. A unique platform ZaaBiz offers an innovative way to market and promote brands. India has one of the highest numbers of networkers and almost half the members on the platform are Indians. ZaaBiz has entered the Indian market because we see a great opportunity, the challenge however is to bring out the true efficacies and benefits of our platform which can then be optimized to achieve greater benefits”.

Speaking at the event, Mr. T R Gopalan, Regional Director, Indo German Chamber of Commerce, said, “Networking today is an industry that has become a fiber of our being as far as accessing information is concerned. Businesses depend on Networking to garner better efficacies and find the right fit. Business networking is fast catching up among serious networkers who are looking to leverage these platforms to seek and provide jobs, to gain better access to solutions and solution providers and to gain an edge over competitors”.

With the launch of ZaaBiz India is now becoming a hub for networking and there are a lot of sites which will be waiting to tap its true potential. This discussion has thrown up some interesting facts about the need for networking and the networking patterns of Indians. Observing these patterns Mr. Michael Brecht added “Our perception is that Indians are the best networkers and the ones who use networks most efficiently.

Source: Press release distribution via India PRwire

About ZaaBiz:

ZaaBiz is a platform aimed at bringing the serious business networkers together and facilitating better more profitable business decisions. ZaaBiz is one of the few business networks based outside of India to actually have an Indian presence with its office in India which is also its APAC headquarters. ZaaBiz is a unique platform designed with the networker in mind while also offering immense efficacies to marketers and advertisers. ZaaBiz will work towards fulfilment by not just having an online presence but by also leveraging that online presence to create an on-the-ground presence through its networking events across the country. ZaaBiz is also the only one of its kind that has allowed its platform and its groups to be sponsored by Corporates thus opening up a very potent revenue stream as well as providing the corporates another avenue to reach out to his target audience.

For more information please log on to www.zaabiz.com , www.zaabiz.co.in

In line with its investment model based on identifying and taking stake in strong, high potential public and private companies in the highest growth industries within India and China, Greater Pacific Capital is poised to enhance Azure’s position as a specialist company in the two most upcoming and promising domains - financial services and knowledge-based customer interaction services. Greater Pacific Capital will invest USD 32.5 million in Azure over the next 12-18 months, the biggest investment in a 3rd party KPO in western India till date, fuelling Azure’s appetite for inorganic growth. This is following Azure’s successful acquisition of 49% stake in US based Citizens Financial Mortgage, Inc. in April 2008.

Joe Sealy, Co-Founder-Promoter of GPC and former Managing Director in the Investment Banking Division at Goldman Sachs will join the Azure board along with Pradeep Udhas, Managing Director GPC, India and former Global Partner-in-charge Sourcing Advisory Services with KPMG. The current promoters of Azure, Dushyant Joshi and Jay Ruparel, will continue to hold majority stake in the company with participation of GPC being in an investment and strategic advisory capacity.

“We have been growing at more than 200% over the last two years and to sustain this growth rate and help us with our inorganic growth plans, we were looking for capital infusion from an investor that would add strategic and intellectual value along with financial investment” said Dushyant Joshi, the founder and CEO of Azure, adding that Greater PacificCapital will bring in a lot of visibility and significant board level guidance to drive Azure’s future growth plans.

“We are excited at the opportunity to work with Azure,” stated Joe Sealy, Founding Partner and Managing Director of Greater Pacific Capital. “Dushyant Joshi and his team at Azure have built and led a very successful and high growth business by focusing on delivering value to customers through long term partnerships and the application of superior technology. Given the strength of the Azure’s management team across the business, the company is well positioned to exploit the knowledge process outsourcing opportunities internationally.”

Source: Press release distribution via India PRwire

Azure is an ISO 27001 Knowledge Process Outsourcing (KPO) and IT solutions company with 2200 people based out of its centers in Ahmedabad, Pune, Guangzhou and Philadelphia serving 75 countries in 15 international languages. Co-founded by Dushyant Joshi and Jay Ruparel, Azure has been ranked among the Top 40 IT/ITES companies of India by Dun & Bradstreet in 2007 and among the 50 Best Workplaces to work in India 2008 by the Great Place to Work Institute. In May 2008, Azure successfully acquired 49% stake in Citizens Financial Mortgage Inc. Among other awards, Azure has been the recipient of the Best Customer Responsiveness Practice award by Avaya Global Connect as adjudged by AC Nielsen and E&Y, the best KPO Company and the largest employment generator company in Gujarat as awarded by GESIA.

About Greater Pacific Capital

Greater Pacific Capital is a leading investment firm designed to capture the opportunity of high growth in the Indian and Chinese economies. The company focuses on creating proprietary special situations based on a distinctive sourcing and execution formula that combines strategic ideas, relationships and capital. With an investment model that identifies influential positions in high potential public and private companies in the highest growth industries, Greater Pacific Capital aims at building long-term partnerships with their clients’ management teams to achieve a step-change in the value of their businesses.

With the increasing burden to archive documents, DTDC realized that digitisation of documents was imperative. To improve its operational efficiency and secure delivery of high value consumer shipments, DTDC deployed Newgen’s solution to provide online Proof of Delivery (PoD) receipts and status of couriered items to its customers. Using the solution, the company is able to quickly track the shipment status and obtain detailed information.

Speaking of Newgen’s solution, Mrinal Chakraborty, GM-IT and Operational Processes, DTDC Courier and Cargo, said, “With this implementation, we are the first courier organization in India to provide online PoD receipts for our customers and to enable them to track their consignments online too. We have noticed immense enhancement in customer satisfaction levels post this deployment. It is now possible for us to keep track of the information related to our franchisees too. We have managed to digitise the archiving process. Overall, the whole process of tracking consignments and maintaining records is now automated and smooth.”

Speaking of the successful implementation at DTDC, Diwakar Nigam, Managing Director, Newgen Software Technologies, said, “We are delighted that DTDC has chosen Newgen. This is a great example of how Newgen’s customized offering of products and services meet the stringent requirements of growing organizations operating in fiercely competitive services industry.”

Source: Press release distribution via India PRwire

About DTDC

DTDC is India’s largest domestic delivery network company offering various custom-made services ranging from Domestic to International. It has operations spanning several foreign countries through its service network. The company is headquartered in Bangalore and has regional offices in 10 cities and 4,400 branches across India. With 13,000 individuals as its strength, DTDC delivers at over 10,000 zip (pin code) areas, handling 10 million consignments every month. DTDC also serves over 240 international destinations. DTDC delivers to the remotest places in India with the help of 4,000 business partners spread across the length and breadth of India.

About Newgen Software

Newgen Software Technologies Limited is a market leader in Business Process Management (BPM) and Enterprise Content Management (ECM), with a global footprint of about 700 installations in over 30 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's leading BFSI, BPO and Fortune Global 500 companies.

Newgen is recognized by distinguished analyst firms like Gartner in its report “Magic Quadrant for Business Process Management Suites, 2007” and IDC in its exclusive report “Newgen Software: Global Leader in Business Process Management and Document Management Solutions.”

Winner of prestigious awards, such as CNBC-TV18 “Emerging India Award 2008”, Frost and Sullivan's “Market Leadership Award for Document Management System and Workflow Software & Services” and “Distinguished Application Product Company” by NASSCOM, Newgen Software is an ISO 9001:2000, ISO 27001 certified and CMM Level 4 company.

Website: www.newgensoft.com

The delay in processing of visas for Indian knowledge workers by host nations, due to their stringent immigration border control policies, restrict the outward mobility & increase costs to their employers. In this context, efforts are made by employers to scrutinize and verify their applicant pool.

National Organisation for Software and Technology Professionals (NOSTOPS) is a professional service organisation that performs as a conduit between the employers, the staffing agencies and the employees, both in India as well as overseas.

With the recent spate of documentation fraud, NOSTOPS has launched a new initiative that will serve as an online databank of live ‘verified & screened’ knowledge workers, which employers use to query & authenticate prospective employees.

NOSTOPS focuses with the ‘jobseeker’ against the ‘employee’ mindset to arrive at a clean authentic online databank. Towards this NOSTOPS has partnered with First Advantage Pvt. Ltd, a leading background verification company.

Talking at the web site launch, Mr. Rajiv Dabhadkar, Founder – NOSTOPS and the CEO –‘ NOSTOPS.ORG’ said that “There is a large gap between the multiple skills demanded from the employer (required to remain globally competitive) and the skills learnt in educational institutions. This industry-academia mismatch is one of the affects of globalisation that gives opportunities for ‘document abuse’, which is seriously manipulated & misused towards the outward migration of Indian knowledge capital as well".

"Every industry has a small lot of - not so right people and the recruiting industry is no exception. NOSTOPS has been striving hard to set right this malady. Through this initiative we hope to begin making the difference to our members by providing them an opportunity to do the right thing… and to be sought by the employers rather than beating the system or by opting for services from little known agencies/people wherein monitoring quality service from them will be very difficult.” said Mr. Dabhadkar.

Source: Press release distribution via India PRwire

About NOSTOPS:-

The National Organisation for Software and Technology Professionals (NOSTOPS) is registered under the Maharashtra Societies Registration Act 1960.

The National Organisation for Software and Technology Professionals (NOSTOPS) strives to enhance the professionalism of its members. Accordingly, "NOSTOPS" has been advocating reforms to the guest worker program in the United States, where a majority of Indian knowledge workers travel for work. NOSTOPS has been performing as an advocacy organisation to other tech worker organisation and overseas job seekers alike. NOSTOPS has developed a methodology of Professional Practice Guidelines to assist NOSTOPS member in their pursuit of seeking an overseas employer for employment opportunities.

NOSTOPS has close to 1000 members - most of them being employees of large firms in the organised sector, from across the globe but mainly of Indian origin.

Similar to the US Department of Labour making available publicly, the details of each and every work visa petition filed by US Employers, NOSTOPS will aim to present overseas employers, India’s rich labour talent pool that has been ‘verified’ & ‘background checked’

NOSTOPS has strategic partnerships with other firms and domain experts for a cause that is to create an "Industry Platform", to improve "Ethics & Standards", to become an "Important Voice", to be heard at the right quarters, to remove the hurdles & foster the growth of this industry.

NOSTOPS and its members promises to provide outstanding professional service that rests on the quality, ethics and integrity of relationships with clients, colleagues, employers and the public.

- End -

National Organisation for Software and Technology Professionals (NOSTOPS)

The National Organisation for Software and Technology Professionals (NOSTOPS) is registered under the Maharashtra Societies Registration Act 1960.

Globalisation creates opportunities that are making firms extremely competitive. Information Technology today is moving at an alarming speed. The Internet makes the transfer of information move with blasting speed. It is therefore difficult for educational institutions to keep abreast with the fast changing curriculum and the needs of the industry. Corporations today are moving away from the traditional roles of recruitment. Global mobility of India’s knowledge capital is on an ever high and greatly encouraged by host nations.

It is therefore a difficult time for employers that have a business need to transfer workers to other locations on a short time. It is time now to simplify the movement of skilled professionals and to reduce the documentation needs within the security framework.

This is the defining moment, when the industry as a whole, should raise the bar of ethics, uphold standards and instil a self - correcting mechanism.

NOSTOPS shall work tirelessly towards these goals to put the Indian talent in its rightful place of pre - eminence, on the global map

Rajiv Dabhadkar
Founder - National Organisation for Software and Technology Professionals (NOSTOPS)
Mobile: 91-9987 803 843 /91-93224 03156
You can also visit www.nostops.org for more information. or www.indiaverified.com/nostops/

Agile is an iterative software development methodology that promotes team collaboration and adaptability throughout a project lifecycle. It’s faster and more responsive than the traditional waterfall model, which takes a purely sequential approach to creating software. As a result, Agile developers deliver software that more closely matches actual customer needs more quickly, since “user stories” replace “specs” in the application development process.

“Agile development methodologies are seeing tremendous adoption in ISVs and IT departments of all sizes,” said Jeremy Burton, CEO of Serena. “We are committed to delivering a pure-Agile toolset via SaaS later this year and are delighted to have Valtech as our partner of choice as we roll that toolset out to market.”

Attendees of the Agile 2008 conference in Toronto (http://www.agile2008.org/) will be able to experience the new partnership firsthand at the “Agile Story Corps Booth,” where conference goers can record personal stories about their Agile experiences. These stories will influence support for Agile in Serena products and services. An extension of the Agile methodology Serena uses to develop products, Agile Story Corps is a way to incorporate users as a part of the development team. This allows Serena products to better meet the needs of its users.

Serena will also be sponsoring free Agile training at the Serena TAG conference taking place September 10-11 in Santa Clara, California.

“Valtech enables organizations to leapfrog the endemic challenges that early Agile and Lean adopters have encountered when attempting to catalyze strategic organizational and personal change within the software and product development lifecycle. A focus on developer adoption without an equal focus on corporate and business alignment has consistently proved ineffective,” said Brad Murphy, CEO of Valtech North America.”

“Valtech’s OnDemand Learning, Training and Organizational change programs identify only those Agile and Lean outcomes that organizations can and should adopt--and do so in ways that lead to quick wins crucial to winning support for sustaining the outcomes that Agile and Lean can provide,” Murphy said. “Together, Serena and Valtech will ensure that business stakeholders, product owners and engineering teams can all equally succeed at acquiring the skill and value that Agile tools and best practices offer across the entire software and product development team while moving quickly to adoption and showing a compelling business return.”

Serena and Valtech jointly will support Serena Agile development tools with training and documentation delivered in a variety of flexible formats, including:

• On Demand: tools and process training for individuals over the Web through the Serena community at http://community.serena.com
• Just in time: 10-minute task-specific training for individuals to help beef up skills before taking a specific step; and
• Traditional training: available as needed.
  

Source: Press release distribution via India PRwire

About Valtech

Valtech is a global provider of high performance enterprise software development, outsourcing, and organizational transformation services. Valtech offers strategic software consulting, lean and agile-focused software engineering, skills training and coaching. The company partners with customers as no development company dares to, by sharing the risk and return of development. Valtech’s OnDemand services are focused on one single outcome: Delivering business agility. Serving customers across a variety of industries, including finance, travel, energy, media, high-tech and online, Valtech OnDemand offerings result in priority business ideas and products converted to working, tested and deployable software every two weeks. Headquartered in Dallas, Valtech North America is a leading member of the Agile Alliance and Agile Project Leadership Network. For more information, please visit http://www.valtech.us/us/index.html

About Serena Software, Inc.

Serena is a privately owned company, headquartered in Redwood City, California, with 29 offices in 14 countries and almost 1,000 employees. Serena provides software on premise and on demand to over 15,000 customers including 96 of the Fortune 100. Serena enables teams of programmers to become more efficient by standardizing and automating development processes across both mainframe and distributed environments. Serena enables IT business analysts and power users to improve productivity with a new generation of Web 2.0 tools to build Business Mashups. Business Mashups automate common, everyday processes, are visual and do not require coding. Serena also enables IT executives to gain visibility into their projects, resources and costs – CIO’s should have access to the same quality of information about IT as the CFO has about Finance. For more information on Serena, visit http://www.serena.com/

The primary challenge was to negotiate the difficult topography in the largest branch canal of the Narmada Project canal system and ensure a continuous and smooth flow of water for irrigation requirements in over 4000 drought affected towns and villages in the ascending Saurashtra region. To overcome this challenge, KBL designed the world’s largest pumping scheme which included three power stations and five pumping stations. Faced by the additional challenge of a vacuum created in the curvature of the pipeline which reduced the flow of water, Pro/ENGINEER was used to conduct a volume analysis, design and develop a prototype of the siphon and accurately determine the exact placement of the siphon on the pump.

The successful completion of this project resulted in enriching the lives of thousands of people living in over 4000 drought affected villages in the Saurashtra and Kutch region

by providing drinking water, hydroelectric power and irrigation across 5.4 lakh hectares of land. The innovative siphon design enabled a significant saving of power, cost and also increased the operational efficiency of the Plant. The energy saving resulting from using the innovative concept is expected to save energy units of 8.6 MW that corresponds to

approximately Rs.200 Million per year. The project was conceptualized, designed, executed and commissioned under the leadership of Shri Ramesh K. Srivastava, director, Kirlsokar Brothers Limited.

“The Narmada Project saw KBL faced with a never before seen technological challenge. With a combination of research, innovation and team work, combined with the best of breed CAD technology of PTC’s Pro/ENGINEER, KBL’s Engineering division was able to successfully overcome this challenge,” said Dr. J T Kshirsagar, vice president, corporate research & engineering division, Kirloskar Brothers Limited. “The most significant result of this project has been the enrichment of the lives of thousands of people living in over 4000 drought affected villages in the area, while also lowering operating costs of the system.”

“We are pleased to be a part of this social initiative with Kirloskar Brothers Ltd. With the successful completion of the Saurashtra Branch Canal project, PTC has reiterated its commitment to providing best in class solutions that not only address the business needs of our customers, but also enable them to overcome unique technological and innovation challenges,” said Mr. Rafiq Somani, country manager, PTC India. “We are particularly proud to be associated with a project that has such a major impact on the lives and livelihood of thousands of farmers.”

KBL has been a pioneer in conducting research in order to provide fluid handling solutions, achieve technological break through using advanced computational and experimental techniques and develop reliable and state of the art products. The company has engineered large vertical energy efficient pumps and concrete volume pumps for power projects, water supply and irrigation schemes and Hydel Turbines for small Hydel power projects. It also holds the distinction of being the only pump manufacturing company in India to have manufactured canned motor pumps for hazardous chemicals in Nuclear Plants.

Source: Press release distribution via India PRwire

About Sardar Sarovar Project:

The Narmada Dam Project is a project involving the construction of a series of large hydroelectric dams on the Narmada River (Narbada River) in India. Sardar Sarovar Project (SSP) is the largest multipurpose project involved in the construction. The project took form in 1979 as part of a development scheme to increase irrigation and produce hydroelectricity. Of the 30 large dams planned on the river Narmada, Sardar Sarovar is the largest. The multipurpose project will irrigate more than 18,000 square kilometers-most of it in drought prone areas of Kutch and Saurashtra in Gujarat, India

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.

Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that allow customers to implement a comprehensive product development system across an extended enterprise; PTC's ability to co-develop and integrate technologies that adequately address Airbus’s requirements; PTC’s successful coordination and management of joint activities with Airbus and other third parties (including development, technology integration, implementation and support) in order to deliver products and services that meet those requirements; and the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC’s most recent reports on Form 10-K and 10-Q. The announcement of any particular development agreement and/or selection or implementation of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

PTC, the PTC logo,The Product Development Company, Pro/ENGINEER, Windchill, Windchill ProjectLink and Windchill PDMLink, Arbortext, Mathcad and all PTC product namesare trademarks or registered trademarks of Parametric Technology Corporation in the United States and in other countries.

About KBL

Incorporated in the year 1920 Kirloskar Brothers Limited, (KBL) is the acknowledged leader in fluid handling and largest manufacturer and exporter of pumps in India. The company’s product range includes a wide range of energy efficient centrifugal pumps for agriculture, domestic, industrial, process and general applications and large vertical pumps and concrete volute pumps for power projects, water supply and lift irrigation schemes, ranging from small domestic pumps of 0.1kW to large pumps of 12000 kW. For more information please visit: http://web.kbl.co.in/.

by providing drinking water, hydroelectric power and irrigation across 5.4 lakh hectares of land. The innovative siphon design enabled a significant saving of power, cost and also increased the operational efficiency of the Plant. The energy saving resulting from using the innovative concept is expected to save energy units of 8.6 MW that corresponds to

approximately Rs.200 Million per year. The project was conceptualized, designed, executed and commissioned under the leadership of Shri Ramesh K. Srivastava, director, Kirlsokar Brothers Limited.

“The Narmada Project saw KBL faced with a never before seen technological challenge. With a combination of research, innovation and team work, combined with the best of breed CAD technology of PTC’s Pro/ENGINEER, KBL’s Engineering division was able to successfully overcome this challenge,” said Dr. J T Kshirsagar, vice president, corporate research & engineering division, Kirloskar Brothers Limited. “The most significant result of this project has been the enrichment of the lives of thousands of people living in over 4000 drought affected villages in the area, while also lowering operating costs of the system.”

“We are pleased to be a part of this social initiative with Kirloskar Brothers Ltd. With the successful completion of the Saurashtra Branch Canal project, PTC has reiterated its commitment to providing best in class solutions that not only address the business needs of our customers, but also enable them to overcome unique technological and innovation challenges,” said Mr. Rafiq Somani, country manager, PTC India. “We are particularly proud to be associated with a project that has such a major impact on the lives and livelihood of thousands of farmers.”

KBL has been a pioneer in conducting research in order to provide fluid handling solutions, achieve technological break through using advanced computational and experimental techniques and develop reliable and state of the art products. The company has engineered large vertical energy efficient pumps and concrete volume pumps for power projects, water supply and irrigation schemes and Hydel Turbines for small Hydel power projects. It also holds the distinction of being the only pump manufacturing company in India to have manufactured canned motor pumps for hazardous chemicals in Nuclear Plants.

About Sardar Sarovar Project:

The Narmada Dam Project is a project involving the construction of a series of large hydroelectric dams on the Narmada River (Narbada River) in India. Sardar Sarovar Project (SSP) is the largest multipurpose project involved in the construction. The project took form in 1979 as part of a development scheme to increase irrigation and produce hydroelectricity. Of the 30 large dams planned on the river Narmada, Sardar Sarovar is the largest. The multipurpose project will irrigate more than 18,000 square kilometers-most of it in drought prone areas of Kutch and Saurashtra in Gujarat, India

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and dynamic publishing solutions to more than 50,000 organizations worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.

Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. Such risks include the ability of PTC to develop the technologies necessary to deliver products and services that allow customers to implement a comprehensive product development system across an extended enterprise; PTC's ability to co-develop and integrate technologies that adequately address Airbus’s requirements; PTC’s successful coordination and management of joint activities with Airbus and other third parties (including development, technology integration, implementation and support) in order to deliver products and services that meet those requirements; and the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business, as well as those that are detailed from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC’s most recent reports on Form 10-K and 10-Q. The announcement of any particular development agreement and/or selection or implementation of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.

PTC, the PTC logo,The Product Development Company, Pro/ENGINEER, Windchill, Windchill ProjectLink and Windchill PDMLink, Arbortext, Mathcad and all PTC product namesare trademarks or registered trademarks of Parametric Technology Corporation in the United States and in other countries.

About KBL

Incorporated in the year 1920 Kirloskar Brothers Limited, (KBL) is the acknowledged leader in fluid handling and largest manufacturer and exporter of pumps in India. The company’s product range includes a wide range of energy efficient centrifugal pumps for agriculture, domestic, industrial, process and general applications and large vertical pumps and concrete volute pumps for power projects, water supply and lift irrigation schemes, ranging from small domestic pumps of 0.1kW to large pumps of 12000 kW. For more information please visit: http://web.kbl.co.in/.

“Strong business execution led to high international and North American sales growth for specialty printing and a sharp sequential increase in our enterprise solutions business,” stated Anders Gustafsson, Zebra’s chief executive officer. “Our programs to penetrate more deeply into targeted vertical markets and extend our geographic reach are building a more diversified customer base. We are winning additional business opportunities with new products and solutions that help our customers identify, manage and track a broader range of assets within the enterprise and across the supply chain. These activities make us optimistic about further growth and give us confidence in our ability to meet our long-term objectives.”

Discussion and Analysis

For the second quarter of 2008 compared with the second quarter of 2007:

• Consolidated sales growth of 21.5% resulted from 12.8% growth in the company’s Specialty Printing Group (SPG) and $25,020,000 in sales from the company’s Enterprise Solutions Group (ESG). International sales increased 28.0%, with record sales in the Asia Pacific and Latin America regions. North American sales increased 14.1%. Consolidated sales were affected by $5,009,000 in unfavorable adjustments from revenue hedging activities.
• Gross profit margin increased to 50.3% from 47.6%. Profitability was favorably affected by lower product costs, favorable changes in foreign exchange, and certain one-time items that accounted for 1.0 percentage points of the gross margin improvement.
• Operating expenses increased from acquisition-related additions of personnel and other expenses, the implementation of annual merit pay increases, higher SPG marketing expenses and costs for two customer conferences.
• Operating expenses were also affected by a $2,059,000 increase in the amortization of intangible assets from the acquisitions of Navis and Multispectral Solutions, as well as $4,680,000 in exit costs related to the company’s previously announced initiative to transfer final assembly of thermal printers to a third party.

For the first six months of 2008, the company had net sales of $500,059,000, up 19.8% from $417,488,000 for the same period a year ago. First-half net income totaled $53,170,000, or $0.81 per diluted share, including $7,914,000 in exit costs which reduced earnings by $0.08 per diluted share.

At June 28, 2008, Zebra had $270,148,000 in cash and investments, and no long-term debt. Net inventories were $101,339,000, and accounts receivable, net, were $179,081,000.

During the second quarter of 2008, the company repurchased 461,000 shares of Zebra Technologies Class A Common Stock under an authorization to purchase up to 3,000,000 shares. In the first six months of 2008, the company repurchased 1,490,600 shares of Zebra stock for $48,402,000.

Third Quarter Outlook

Zebra announced its financial forecast for the third quarter of 2008. Net sales are expected within a range of $242,000,000 to $253,000,000, which reflects an expected seasonal slowdown in Europe, a more cautious economic outlook and unfavorable adjustments from revenue hedging activities of approximately $5,000,000. Earnings are expected between $0.35 and $0.41per diluted share. This outlook includes approximately $3,500,000 expenses related to exit costs.

Source: Press release distribution via India PRwire

Zebra Technologies Corporation helps companies identify, locate and track assets, transactions and people with on-demand specialty digital printing and automatic identification solutions. In more than 100 countries around the world, more than 90% of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at http://www.zebra.com.

The G-series products are available in both direct thermal and a combination of direct thermal/thermal transfer versions and are compatible with Zebra’s multiple ribbon and label combinations, even those that work in the harshest conditions. The printers, utilizing Zebra’s high-quality in-stock media, are ideal for printing labels, receipts, price marking tags, shipping and return labels, boarding passes, ID wristbands and tags, admission tickets, and much more.

“The Zebra G-Series represents a sophisticated new generation of desktop printers,” said Glenn Williams, Zebra’s desktop senior product manager. “Zebra’s intensive research, development and testing have produced an easy-to-use, compact design with exceptional functionality. In addition to available wireless connectivity, this new flagship desktop line demonstrates Zebra’s long-held practice of listening to the needs and concerns of our customers and developing comprehensive solutions that meet their current and emerging application requirements.”

Highest Speed, Best-in-Class Performance, All in a Compact Footprint

The Zebra G-Series offers superior speed and performance for higher throughput and several connectivity options and configuration possibilities for optimal flexibility. From the feature-rich GX models to the more basic GK models, the compact printers are designed to support multiple applications across a wide range of industries and operating environments.

Best-in-class attributes of the Zebra G-Series include:

• Wide range of connectivity options include 802.11g and Bluetooth wireless and 10/100 Ethernet for easy network integration of GX printers. LCD display, standard with wireless options, clearly communicates prompts and status.
• Co-resident native ZPL and EPL programming languages fit into existing or legacy environments with equal ease.
• Six inches per second print speed. The GX model is the fastest desktop printer currently available, resulting in increased productivity in all application uses.
• Sleek, compact design of the G-Series direct thermal printer offers the smallest footprint in the industry today, saving much-needed space in crowded desktop environments.
• Ease of use provides faster media loading for increased productivity, with no training required. The direct thermal/thermal transfer version offers the easiest and fastest ribbon loading system available.
• High memory capacity. Firmware, forms, fonts and graphics are permanently stored in the printer. Flash memory provides faster processing, and increased SDRAM enables longer formats to accommodate more demanding applications.
• Rugged, high-quality construction provides greater durability and reliability than most desktop printers.
• Remote printer management, via ZebraNet Bridge Enterprise software, allows viewing and control of worldwide printer networks from a single location.

Zebra also offers a host of options to customize the Zebra G-Series printers to meet the widest possible range of industry and application requirements. For instance, labels in the retail pharmacy setting must be resistant to heat, UV lights, water and common bathroom products. Zebra can develop materials that are compatible with the G-Series and match these specifications. Other industry applications include, but are not limited to, parcel/postal, retail, manufacturing, security, transportation, recreation and entertainment.

The new Zebra G-Series thermal desktop printer line is now available in North America, EMEA, Latin America and Asia Pacific.

Source: Press release distribution via India PRwire

Zebra Technologies Corporation helps companies identify, locate and track assets, transactions and people with on-demand specialty digital printing and automatic identification solutions. In more than 100 countries around the world, more than 90% of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at http://www.zebra.com.

Visa's PABP applies to software vendors who develop payment applications that store, process, or transmit cardholder data as part of authorization or settlement. The annual security review consists of 14 PABP requirements, including protection of card holder data, secure passwords, protection of wireless transmissions, encryption of sensitive traffic over public networks and more.

Trustwave will validate PS 100 series, PS 300 series and PS 400 series payment terminals, all varieties of the POS Terminal. The units have specific uses, ranging from simple dial-up to network integration using a high-speed Internet connection. The Integrated Primed System can be used by a single organization that has a concentrated group of payment terminals such as a grocery store, or in a distributed environment in which a single merchant has at least 20 PC-based POS applications in a variety of locations.

"SAND's priority is to maintain the highest level of security for our payment application merchants and their customers, which can often be difficult in a distributed environment with multiple applications at a single location," says Jinsong Ru, vice president of SAND Information Technology System Co. "Adhering to Visa's PABP to meet PCI DSS ensures that we have secured our payment application terminals from the moment a customer swipes their credit card through to the payment processor."

"Validating PABP compliance demonstrates that the protection of cardholder data is a mission-critical business requirement for SAND," says Robert J. McCullen, chairman and CEO of Trustwave. "Trustwave is helping SAND secure merchant transactions at a time when consumers are more aware of risks associated with sharing cardholder information at places they patronize."

"In accordance with industry regulations and best practices, SAND is taking the necessary steps to protect cardholder data using Trustwave's full-suite of proprietary technology to validate PABP compliance," says Sophia Chen, director of Northern Asia Pacific for Trustwave.

Source: Press release distribution via India PRwire

About Shanghai Sand Information Technology System Co.

Established in 1994, Shanghai Sand Information Technology System Co., Ltd is located in Xuhui District, Shanghai with a registered capital of RMB 109,200,000, it was previously the sub hi-tech company of Shanghai University. During the recent years, the company mainly dedicates to the R&D and production of financial terminal equipment and multi medial terminal equipment; it also provides system integration and technical services for financial industry, telecom industry, and government etc.

About Trustwave

Trustwave is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions. Trustwave has helped more than 30,000 organizations -- ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers -- manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, China and Australia. For more information, visit https://www.trustwave.com/.

MEDIA CONTACT:
Amy Wang
SAND
Wang.xh@sand.com.cn
+86 21 24016333 8134

"Our editors bestowed these awards after extensive deliberation upon companies whose products and services demonstrate quality and distinction, making them the best in their class," said Scott DeGarmo, CEO of Broadband Properties Magazine. "Without reservation this year is marked by the most innovative group of companies we've seen."

IneoQuest was recognized by Broadband Properties for its IQPinPoint™ platform, the industry's only Multi-Dimensional Video Quality Assurance™ system that improves the service providers' ability to reduce video defects, reduce costs, increase profits and improve customer satisfaction. IQPinPoint integrates the company's iVMS™ (Video Management System) with a broad range of probes across all network subsystems. IQPinPoint solutions are deployed at top telco and cable MSO networks around the world.

"We are honored to be recognized by such a respected industry resource as Broadband Properties Magazine," said Calvin Harrison, VP of Marketing for IneoQuest Technologies. "This distinguished placement is yet another proof point that IneoQuest's continued commitment to Video Quality Assurance is making an impact on the service provider industry at large."
About Broadband Properties

Broadband Properties is the leading source of information on digital and broadband technologies for buildings and communities. Its editorial aims to accelerate the deployment of Fiber-To-The-Home and Fiber-To-The-Premises while keeping readers up to date on the available solutions capable of serving their practical needs. BBP offers in-depth news, expert insights, and practical know-how on the technical, business, financial, and legal aspects of outfitting properties and communities with broadband solutions. With a focus on residential buildings, developments, and municipalities, BBP helps the large-scale and wholesale buyers and users of broadband technologies, equipment, and services competitively distinguish their properties and communities in a rapidly changing marketplace. For more information, please visit www.broadbandproperties.com or contact Scott DeGarmo, CEO of Broadband Properties Magazine, at 718-884-3797 or: scott@broadbandproperties.com.

Source: Press release distribution via India PRwire

About IneoQuest Technologies

IneoQuest Technologies, Inc., provider of the industry's first and only unified business solution that audits, monitors, analyzes and troubleshoots digital video from a multi-dimensional perspective, has been serving customers in the telephony, cable, broadcast and network equipment industries since 2001. The company's comprehensive, multi-dimensional video quality management systems enable Revenue Assurance™ through the seamless delivery of digital video by reducing video defects and operational expenses, improving ROI and increasing profits while simultaneously improving customer satisfaction. Headquartered in Mansfield, Massachusetts, IneoQuest has sales operations in the US, European, Asia and Latin South regions. More information is available at www.IneoQuest.com.

Speaking on the announcement of the scholarship, Mr. Anirban Das - Regional Head, Arena Animation, East said “The main objective of Kala Srishti scholarships is to give an opportunity to meritorious students who are keen to pursue a career in multimedia & animation. Seeing the overwhelming response of this scholarship for the last 5 years, we are pleased to announce this offer for the 6th consecutive year.”

Kala Srishti Scholarship is being offered to students based on 3 main criteria - results of last board examination, performance at the Kala Srishti Scholarship test followed by an interview.

This scholarship was initiated 5 years back with the sole objective of providing an opportunity of world- class Animation & Multimedia training to the deserving, meritorious students. The last 5 years have seen a large number of students with a creative bent availing the Kala Srishti special offer.

Source: Press release distribution via India PRwire

About Arena Animation:

Arena Animation is a Pioneer, Trendsetter and Global Leader in Animation education. Arena has an extensive network of centres & has trained over 2,50, 000 students globally since it’s inception in 1996.

Arena offers industry relevant courses on Animation & Multimedia to students aspiring for global careers in this New Age industry. It trains students as well as professionals in the latest industry relevant courses backed by alliances with world leaders, a world-class faculty and the latest technical educational tools.

Arena’s students are placed as Graphic Designers, Web Designers, 2D/3D Animators, 2D/3D Designers, AV Editors, Technical Trainers, 3D Modelers, Multimedia Programmers, Compositors, Visualizers, Content Developers and Pre and Post Production executives in blue chip animation studios and entertainment companies like Prime Focus, Rhythm & Hues Studios, Crest Animation Studios, EFX, UTV Toons, Toonz Animation, Nipuna Services, Prasad Studio, Colour Chips, Ramoji Film City, Green Gold Animation, DQ Entertainment, Paprikaas Animation Studios, UshaKiron TV, Sony TV, Google India, NDTV, TOI, DD Sports, Discovery Channel, Divya Bhaskar, Asianet Satellite Communications, ETV, NDTV, Zee Sports and Zee TV to name a few.

For further information please visit www.arena-multimedia.com

Venture Infotek would study the payment dynamics of the Libyan market and implement the ‘best business practices’, thus ensuring that the Libyan banks run the business of card-based ePayments smoothly and efficiently.

The scope of services offered by Venture Infotek would broadly include offering consultancy in card issuance process, PoS installation services, back office operations, implementation services, production migration, production services, customer call centre and loyalty management .

Expressing his delight on this association, Mr. Piyush Khaitan, Managing Director, Venture Infotek Global Pvt Ltd said - “This project gives us an opportunity to team up with the Central Bank of Libya and introduce a whole new world of ePayments across the Libyan banks. Venture Infotek with its decade long experience in transaction processing and knowledge management will be able to support the Central Bank of Libya in setting up a nationwide infrastructure to enable ePayments. We look forward to a fruitful and long standing relationship with the Central Bank of Libya.”

Mr. Suleman Azzabi, General Manager, FEFS Company, said - “It has been our constant endeavor to make banking and related activities a delightful experience to our customers. ePayments especially through cards has always been an area of focus for us. We are glad to partner with Venture Infotek in providing a whole new experience of transacting through payment cards.”

Source: Press release distribution via India PRwire

About Venture Infotek:

Venture Infotek Global Pvt. Ltd. (VIGPL) is India's leading ISO 9001:2000 transaction processing and knowledge management company. The company has practically built the Indian third party credit card processing industry from scratch and is the only third party processor in South Asia registered with VISA, MasterCard and American Express GNS. Having built a dominant position in the Indian Transaction Processing landscape over the past 10 years, Venture Infotek provides integrated end-to-end card payment solutions to organizations across industry verticals like banking, financial services, petroleum, retail and telecom. For more on VIGPL, please log on to www.ventureinfotek.com

About Foreign Exchange & Financial Services (FEFS) Company:

Foreign Exchange & Financial Services Company is a joint stock Libyan company established in accordance with the decision of the General Peoples' Committee No. 611 of 1994 & the Secretary of the General People's Committee for Economy & Commerce decision No. 327 of 1994 with a capital of L.D. 7 million or the equivalent of US $ 19 million. The amount was paid in full and equally among the shareholders. The company started operating officially on November 15, 1994. For more on FEFS, please log on to www.sarafa.net