Deals

KLG Bags Rs 32 Cr Deal from the Utility Sector

KLG Systel announced that it has been awarded orders worth over Rs 25 crore from
the Government of Haryana and Rs 7.5 crore from the Government of Rajasthan.
With these new orders, KLG Systel has been awarded projects worth a total of Rs
100 crore in the month of September 2007. The order from the Government of
Haryana will cover the implementation of a high voltage distribution system for
the Gurgaon district. The order from the Government of Rajasthan will cover the
modification and renovation of its consumer electricity network.

Capgemini Signs Five-year BPO Agreement with NXP

Capgemini, one of the worlds leaders in consulting, technology and
outsourcing services, announced that it has signed a five-year agreement with
NXP Semiconductors, the independent semiconductor company founded by Philips, to
provide end-to-end finance and accounting ("F&A") services,
including procure-to-pay and record-to-report.

HCLs New Contract with Celestica

HCL Technologies (HCL), one of Indias leading global IT services company,
announced that it has expanded its relationship with Celestica, a global
provider of innovative electronics manufacturing services (EMS), to provide SAP
deployment and support. Under the terms of this three-year agreement, HCL will
deploy and customize Celesticas SAP suite in a global delivery model across
Asia, North America, Latin America and Europe.

Forrester Names i-flex Deal Leader

i-flex solution announced that it has been recognized as the Deal Leader
and an undisputed heavyweight in the global banking platform arena by
Forrester Research in the August 2007 report Global Banking Platform Deals 2006:
Vendors. i-flex solutions signed the highest number of banking platform deals
(48 out of 242 surveyed in the report) among a select group of fourteen vendors
of globally deployed banking platforms that Forrester surveyed for the report.

ST Chips for Machblue Media Platform

Bluestreak Technology has announced that together with STMicroelectronics, a
leader in set-top box (STB) chips, the MachBlue platform will be using its
STi710X family of decoder chips. The MachBlue rich media platform enables
enhanced UI and access to Web services including Flash video found on the
Internet directly from the STB. MachBlue also enables the creation in Flash of
all these rich media services and takes advantage of the STi710xs computation
power and graphic capabilities.

Bank M deploys FLEXCUBE

i-flex solutions, a provider of technology solutions to the banking and
financial services industry worldwide, announced that Bank M (Tanzania) has
selected its flagship product FLEXCUBE as its core banking solution. Bank M
(Tanzania) is the first Service Standard Guarantee (SSG) provider in East Africa
and uses technology to deliver on its promises. i-flex helps Bank M redefine
their technology strategy to create competitive advantage.