New Delhi, India – February 22, 2006: Gartner, Inc. has positioned Infosys in the leader quadrant in its 2006 Magic Quadrant report for 30 leading offshore application services providers.The report, titled “Magic Quadrant for Offshore Application Services 2006”1, depicts Gartner’s analysis of companies from a specific technology or service market against criteria for that marketplace. Read more

Pittsburgh, United States and Andhra Pradesh, India, Wednesday, February 22, 2006 — (Business Wire India) — SEEC, Inc., (OTC:SEEC), the leading provider of Business Component Software for the insurance and financial services industries, has announced that it has expanded relationships with several leading IT consulting and systems integration firms. Read more

New Delhi, Delhi, India, Wednesday, February 22, 2006 — (Business Wire India) — Cyber Media (India) Ltd. today announced its purchase of 20% stake in Sx2 Media Labs LLC, a new company formed by David Sills and Stoneybrook  capital, which has recently taken over Computer Shopper magazine, a 26 year old print publication that serves as a monthly guide to new technology and shopping guide for more than 300 products per issue on information technology and related items. The transaction is effective immediately. Read more

Mumbai, Maharashtra, India, Tuesday, February 21, 2006 — (Business Wire
India) — Kingfisher Airlines, India’s fastest growing airline and the
first Indian carrier to offer Full Service at True value, including a
personalized in-flight entertainment system on every seat on domestic
routes, today added yet another feather in its cap with the announcement
that it has been bestowed the 2006 Award for ‘Service Excellence for a New
airline’ by Skytrax, a UK based specialist global air transport
advisor. Read more

New Delhi, India, February 21 - Kyocera Wireless India Private Ltd (KWI), a wholly-owned subsidiary of Kyocera Wireless Corp., a leading global manufacturer of CDMA wireless phones and devices, is sharing an advanced look at the technological advantages its unique wireless products will provide upon the deployment of CDMA2000(r) 1x Evolution
Data Optimized (EV-DO) networks in India. Read more

Bangalore, Karnataka, India, Tuesday, February 21, 2006 — (Business Wire
India) — In an uncommon action, Rep. Frank Pallone, Jr. (D-NJ) and Rep
Joe Crowley (D-NY) inserted into the Congressional Record a two-page
statement honoring Dr. Sudhir Parikh, the New Jersey-based allergist and
philanthropist for making a significant difference to the global well
being. Read more

Singapore, Tuesday, February 21, 2006 — (Business Wire India) — Shared
Services and Outsourcing (SS0) has awakened the sleeping giant in Asia.
In 2004, the global SSO market as a whole was valued at US$647 billion
with all eyes on Asia as a choice location for outsourcing and
off-shoring. Read more

Bangalore, Karnataka, India, Tuesday, February 21, 2006 — (Business Wire
India) — Outsource Partners International, Inc. (OPI), the largest
business process outsourcing firm dedicated solely to finance and
accounting functions, announced today that it has been selected in the
Rising Stars Category of The Global Outsourcing 100. Read more

Hong Kong S.A.R, Tuesday, February 21, 2006 — (Business Wire India) –
SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information
security, has announced the launch of the award-winning Channel Partners
Program in the Asia Pacific region. The objective is to combine SafeNet’s
industry leading product line with our channel partners’ integration and
consulting expertise to deliver solutions for secure access, authorization
and authentication to networks, applications, information and data and
protecting the privacy of client records. Read more

Mumbai, Maharashtra, India, Monday, February 20, 2006
The hard fact is that no matter how fast your personal computer is, there is
a limit on how fast applications will perform using the power of a single
computer.
Read more