Cognizant (NASDAQ: CTSH), a leading provider of global consulting, technology and business process services, today announced that it has been named to Fortune Magazine's prestigious Fortune 1000 listing. Fortune 1000 is a list of the 1000 largest American companies, ranked on revenues by the American business magazine. The report appears in Fortune magazine's May 5, 2008 issue.

Cognizant's revenue for 2007 was $2.136 billion. Based on this, the Company entered the listing at number 859. Founded in 1994, Cognizant has made it to the prestigious list just in the 14th year of its operations. Notably, Cognizant had recorded its first one billion dollars in annual revenue in 2006 in less than 12 years since its inception. Subsequently, it took the company just additional 18 months to cross the second billion in revenue in 2007.

"It is a great honor for Cognizant to have been named to the prestigious Fortune 1000 listing," said Francisco D'Souza, President and CEO, Cognizant. "This recognition is truly a testament to our intense focus on client satisfaction and the culture of enrichment and growth for our employees-resulting in our ability to deliver consistently strong financial performance and value for our shareholders. We will continue to focus on the elements that make Cognizant special and build stronger customer businesses".

For Cognizant, the Fortune 1000 recognition follows a series of other accolades that the company has received in the recent past. Over the past 18 months, Cognizant became an S&P 500 company, entered the Forbes Global 2000 listing, made it to the Fortune 100 Fastest Growing listing for the 5th consecutive year, and was ranked sixth in Forbes 25 Fastest-Growing Tech Companies list and 19th on the BusinessWeek Top 50 Performer's list. Cognizant was also ranked America's Second Most Shareholder-friendly Company in the Computer Services & IT Consulting Industry by the Institutional Investor magazine.

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Polaris Software has entered into a unique partnership with the University of Western Sydney that will contribute to local capacity building and help address the issue of IT skill shortages in Australia.

This partnership has been facilitated by the NSW Government's Department of State and Regional Development which helped Polaris launch its PACE Labs - a software testing automation and performance engineering Centre of Excellence - in Sydney last year.

Professor Beryl Hesketh, Dean of the College of Health and Science at UWS, said the university is excited by the opportunities that the new joint venture will provide.

"The partnership will contribute to international research, skills & workforce building for Western Sydney and work experience & exchange programs for UWS graduates," Professor Beryl Hesketh said.

"It will also provide significant employment opportunities for UWS graduates and the Sydney workforce".

Polaris Software is one of the largest global information technology solution providers to major financial institutions and is in the process of establishing a software testing lab in Sydney.

Mr Arun Jain, Chairman and Chief Executive Officer of Polaris Software Lab Limited, said, "Polaris has a significant presence in Australia. The signing of a MoU only reaffirms our long-standing relationship and commitment to the country".

"At Polaris it is a strategic decision to nurture and develop local talent. Today, sourcing of industry-ready talent has become very critical for businesses. We strongly believe (this)... partnership is the step towards addressing this need.

The Western Sydney region was chosen because it is a major centre for population growth and industry development and Polaris's corporate philosophy is aligned with UWS's strong commitment to community engagement," Mr Jain said.

Mr Anil Verma, Director, Polaris Software, Australia, said, "Through our partnership with UWS, we are trying to create value at the grass-roots level. Creating and enhancing skills is one of the most fundamental and long lasting contributions that one can make to an individual and society".

The University of Western Sydney and Polaris Software will formalise their agreement with the signing of a Memorandum of Understanding on 29 April 2008 at the UWS Parramatta Campus attended by the Hon Barbara Perry MP, Minister for Western Sydney.

Ms. Perry said the partnership will provide significant skills training for UWS students and serve as a model for other organisations facing challenges posed by skill shortages.

"It will help create jobs and will drive industry and international investment in the region. I'm looking forward to seeing this partnership grow and prosper," Ms Perry said.

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The India Semiconductor Association (ISA), the trade body representing the Indian semiconductor driven industry today announced the appointment of their new Executive Council for the year 2008 - 09. The post of the Chairman will be held by Jaswinder Ahuja, Vice President & Managing Director, Cadence Design Systems and B.V. Naidu, Managing Director SemIndia Systems will be the Vice - Chairman.

The other executive council members are Dr Pradip Dutta Synopsys India, Sham Banerji Texas Instruments, Vivek Sharma ST Microelectronics, Dr. Satya Gupta Open-Silicon Research Pvt Ltd., Rajeev Mehtani NXP Semiconductors, Dr. Sunit Tyagi Intel Technologies, Ganesh Guruswamy Freescale Semiconductor and S Janakiraman President & CEO MindTree Ltd.

Announcing the new members on the ISA board, Ms. Poornima Shenoy, President, India Semiconductor Association said, "ISA has always believed in following a fair and open election process in selecting its office bearers. This Executive Council represents all segments of the semiconductor industry and both domestic and international design and manufacturing companies".

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Highlights:

•	Total revenue of $260.1 million, up 13% year over year
•	License revenue increased 13% year over year
•	Services revenue increased 8% year over year
•	Database license revenue increased 19% year over year
•	Messaging revenue increased 37% year over year
•	GAAP operating margin of 14%, versus 9% a year ago; non-GAAP operating margin of 19%, versus 15% a year ago
•	GAAP net income of $24.2 million, up 60% year over year; GAAP EPS up 65% year over year
•	Non-GAAP net income of $35.3 million, up 42% year over year; non-GAAP EPS up 46% year over year
•	Cash flow from operations of $94.6 million, up 36% year over year

2008 First Quarter Results
Total revenue for the first quarter of 2008 increased 13% to $260.1 million from $230.0 million in the first quarter of 2007. License revenue grew 13% to $78.1 million from $69.4 million in the first quarter of 2007. Services revenue increased 8% to $139.4 million from $129.7 million a year ago. Messaging revenue grew 37% to $42.6 million from $31.0 million a year ago.

For the first quarter, operating income calculated in accordance with generally accepted accounting principles (GAAP) increased 69% year over year to $36.2 million, representing an operating margin of 14%. This compares with GAAP operating income of $21.4 million and an operating margin of 9% a year ago.

GAAP net income increased 60% year over year to $24.2 million from $15.1 million a year ago. GAAP earnings per diluted share (EPS) increased 65% to $0.27 for the 2008 first quarter from $0.16 for the first quarter of 2007.

Non-GAAP operating income for the first quarter increased 44% year over year to $49.0 million, representing a 19% operating margin. This compares with non-GAAP operating income of $33.9 million, representing a 15% operating margin, in the 2007 first quarter.

Non-GAAP net income for the 2008 first quarter increased 42% to $35.3 million from $24.9 million for the first quarter of 2007. Non-GAAP EPS for the 2008 first quarter increased 46% to $0.39 from $0.27 for the first quarter of 2007.

Non-GAAP amounts exclude the amortization of certain purchased intangibles, stockbased compensation, restructuring costs, non-cash charges related to the write-down of auction rate securities, and the tax effect of these and related items. Accompanying this release is a reconciliation from GAAP to non-GAAP amounts for the first quarter of 2008.

"I am extremely pleased with our start to 2008", stated John Chen, chairman, CEO and president of Sybase. -Our momentum in the marketplace continues, driven by the market-leading Unwired Enterprise platform, combined with our consistently strong execution. As a result, we delivered the best first quarter in Sybase-s history, which follows our record 2007 performance".

Added Mr. Chen, "Looking toward the balance of 2008, our compelling suite of products and services addresses the highest-priority information technology needs facing enterprises today. Growth drivers for the upcoming year and beyond include our enterprise database cluster option, risk analytics platform, mobile banking and payments solutions, and a new MMS content delivery gateway. Additionally, our latest release of Information Anywhere Suite now supports the Apple iPhone and Google Android platforms, as well as Symbian, Microsoft, RIM, and Palm.

"Despite current uncertainty in the macro-economic environment, our business pipelines remain healthy, and we remain confident in our outlook for the year. As a result, we are raising our expectation for full-year 2008 earnings, and we anticipate revenue and cash flow toward the high end of our most recent full-year guidance," concluded Mr. Chen.

Balance Sheet and Other Data
At March 31, 2008, Sybase reported $841.3 million in cash and cash investments, including long-term cash investments of $23.9 million and restricted cash of $3.7 million. In the first quarter, the company generated $94.6 million in cash flow from operations.

On April 15, 2008, the company completed its previously announced modified "Dutch auction" tender offer to purchase $300 million of its common stock. There remains $82.9 million authorized under the company’s current share repurchase program.

Days sales outstanding (DSO) for the first quarter was 76.

Guidance
For the second quarter ending June 30, 2008, management anticipates total revenue in the range of $255 million to $265 million. Management anticipates non-GAAP fully diluted EPS in the range of $0.40 to $0.45 and GAAP EPS in the range of $0.30 to $0.35.

Management is raising guidance for full-year 2008 EPS due to the company's strongerthan- expected performance in the 2008 first quarter and including approximately $0.04 of incremental EPS accretion related to its recently completed Dutch tender. Non- GAAP EPS is now anticipated in the range of $1.94 to $1.99, and GAAP EPS is anticipated in the range of $1.51 to $1.56. Management also anticipates full-year 2008 total revenue toward the high end of its previously stated guidance range of $1.075 billion to $1.090 billion and cash flow from operations toward the high end of its previously stated guidance in the range of $220 million to $240 million.

A reconciliation from the company’s previous full-year 2008 EPS guidance to current guidance is as follows:

Reconciliation of 2008 EPS Guidance
	GAAP		Non-GAAP
2008 EPS guidance on January 24, 2008 *	$ 1.50	$ 1.55	$ 1.85	$ 1.90
Increase due to operations	0.05	0.05	0.05	0.05
Decrease due to auction rate securities	(0.04)	(0.04)	0.00	0.00
Decrease due to amortization of purchased intangibles	(0.02)	(0.02)	0.00	0.00
Decrease due to tax adjustments	(0.02)	(0.02)	0.00	0.00
Increase due to Dutch tender	0.04	0.04	0.04	0.04
2008 EPS guidance on April 24, 2008	$ 1.51	$ 1.56	$ 1.94	$ 1.99

* Full year EPS guidance provided on January 24, 2008 assumed approximately $0.05 of benefit related to anticipated stock repurchases of roughly $200 million in 2008.

Please see "Note Regarding Non-GAAP Financial Measures" for important information regarding Non-GAAP Financial Measures.

Accompanying this release is a reconciliation from projected GAAP to non-GAAP amounts for the estimated 2008 second quarter and full year results.

Conference Call and Webcast Information
The Sybase 2008 first quarter conference call and simultaneous Webcast is scheduled to begin at 7:30 a.m. Pacific Time/10:30 a.m. Eastern Time on Thursday, April 24, 2008. To access the live Webcast, please visit www.fulldisclosure.com or Sybase’s Website at www.sybase.com at least 20 minutes prior to the call to download any necessary audio or plug-in software. A telephone replay will be available approximately two hours after the conference call ends and will be available until 10:00 p.m. Pacific Time on May 1, 2008. To access the replay, please dial (888) 203-1112 for domestic access and (719) 457- 0820 for international callers; the access code for the telephone replay is 8408149. Additionally, the archived Webcast will be available through July 23, 2008 at http://www.sybase.com/about_sybase/investorrelations.

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At the International Vienna Motor Symposium (24-25 April), Volkswagen is to introduce the production version of the BlueTDI, a next-generation turbo diesel developed especially for the North American market. The common rail engine is based on the high-tech TDI, which was first introduced in Europe in 2007 with the Tiguan. This engine already satisfies the Euro-5 standard that comes into effect in autumn 2009. In order to meet specific operating conditions in the U.S., this four-cylinder engine was redeveloped with internal engine modifications and a NOx trap.

Background information: Five U.S. states1, including California, currently have the strictest emissions standards in the world (BIN5/LEV2). In spite of variations in fuel quality, which are more dramatic in the U.S. than in Europe, the new BlueTDI meets these emissions standards. The engine will debut in the U.S. Jetta this summer. For years, the Limousine has been the most popular and successful European-manufactured car on the American market, especially as a diesel.

The Jetta BlueTDI will debut as one of the cleanest and most economic cars of its class in the world. In the run-up to the Vienna Motor Symposium, Dr. Ing. Jens Hadler, Director of Volkswagen Powertrain Development comments, "high fuel prices and a dramatic change in environmental consciousness means that diesel is becoming more and more attractive for American drivers every day." Dr. Hadler continues, remarking, "this is why many customers, especially in California, have been waiting for a super-clean diesel like our BlueTDI. I think this motor will help the diesel get its big break in America because it consumes so little and yet can go such long distances on a single fill-up. And in a country as big as the United States, this is a priceless advantage. On the highway, for example, this engine can reach up to 60 miles per gallon2. This is an improvement of 12 percent over its predecessor, which had a lower capacity and higher emissions".

A key aspect in the development of the BlueTDI (2.0 litre engine displacement, 103 kW/ 140 PS, 320 Nm) was the reduction of nitrogen oxide emissions (NOx); the American BIN5/ LEV2 standards stipulate a nitrogen oxide limit of only 0.05 g/mile. The engineers in Wolfsburg met this limit and the general reduction of raw emissions by using internal engine modifications, some of which are unique worldwide, and implementing the maintenance-free NOx trap.

These internal engine changes include modifications to the design of the injection system of both the American and European TDI as well as the implementation of cylinder pressure sensors. This allows for a completely new type of cylinder pressure-based combustion control, which is both faster and tailored to each specific cylinder. Also new on-board: an optimised high-pressure injection pump. Another unique feature is the combination of a high-pressure exhaust gas recirculation system with additional low-pressure exhaust gas recirculation. This dual exhaust gas recirculation (dual circuit EGR) is an effective means of reducing nitrogen oxides in the engine. The dual circuit EGR system alone reduces NOx by up to 60 percent.

Outside of the engine, it is the NOx trap - connected downstream of the oxidation catalytic converter and the particle filter - that reduces nitrogen oxide to an absolute minimum. Implemented together, these measures reduce nitrogen oxide emissions by 90 percent. Drive the Jetta BlueTDI and you will be driving one of the most economical and environmentallyfriendly cars in America.

1) = BIN5 states: California, Massachusetts, Maine, New York and Vermont.
2) = MPG (miles per gallon) is the standard range specification in the U.S. for describing fuel consumption.

Note: You can find this article in our press database under www.volkswagen-media-services.com

Volkswagen Communications
Product Communications / Technology
Contact: Hans-Georg Kusznir
Phone: +49 (0) 53 61 / 9-8 76 28
Fax: +49 (0) 53 61 / 9-2 19 52
E-mail: hans-georg.kusznir@volkswagen.de

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Polaris Software Lab Limited (POLS.BO), a Nasscom Top 10 company and the leader in Specialty Application Development in Banking, Financial and Insurance sector, has announced fourth quarter and annual results for FY 2007-08.

For the year ended 31 March 2008, the total income was Rs 1,117.41 crore. Operating profit (EBITDA) was Rs 136.30 crore and profit after tax (PAT) was Rs 73.21 crore. The company recorded 22% growth in total income in dollar terms.

For the quarter ended 31 March 2008, total income was Rs 290.06 crore. Operating profit (EBITDA) was Rs 36.21 crore and profit after tax (PAT) was Rs 21.45 crore.

During the quarter, the company recorded 14 new wins. The company also signed a Master Services Agreement with a Fortune 10 Bank in North America.

The Board of Directors recommended a final dividend of 30% on the paid up capital of the company for fiscal 2008.

The Board of Polaris Software Lab Limited considered a proposal of buy-back of its equity shares and had discussions on this subject. In the course of the discussions, Members of the Board drew attention to the real estate investments made by the Company and suggested that the best options to maximize shareholder value from these investments should also be explored.

The Board accordingly decided to defer its decision on the buy-back of equity shares and appointed a committee of the Board to give recommendations to enable the Board to take a decision at its next meeting.

Financial Information Overview for the quarter ended March 2008

Indian GAAP Consolidated
Q4 Income: Rs.290.06 crore, Up 19% YoY in $ terms, 6% in Rupee terms
Profit After Tax: Rs.21.45 crore, Up 12% sequential QoQ in Rupee terms

Intellect Business contributes 20% to revenues, annual revenues grow 23%

• Intellect Wealth Management Platform went live in one of the largest Private Sector banks in India
• Intellect Cash & Liquidity Platform went live in one of the largest banks in Southern Europe
• Intellect Liquidity Platform went live in one of the Fortune 10 banks in Europe
• Intellect Custody Platform has become the Market Leader in the Indian Market

Polaris ranked #1 in Specialist testing capability for the global BFSI segment
Over 1100 employees specialize in testing services for the global BFSI segment. 90% of Polaris' testing practice revenues come from the BFSI segment. The company was rated among the Top 3 in the Global financial services testing specialists report and ranked 1st among Specialty testing players by Gartner (one of the world's leading information technology research and advisory company).

Polaris has a truly global Application Certification Enterprise, with Application Performance Diagnostics and Managed Testing Services being offered out of Canada, Northern Ireland, India and Sydney.

BPO Business grows 90% YoY
Optimus Global Services, Polaris' BPO subsidiary focusing on the high-growth Indian market for complete banking process outsourcing, recorded a growth of 89.71% (in rupee terms) on a YoY basis and 11.2% on a sequential QoQ basis.

Consulting
Polaris was ranked by Tower Group (a leading research and consulting firm focused on the global financial industry) among the world's Top Professional Services Consulting organizations along with the Tier 1 players in the IT and business consulting segments. Polaris won a significant consulting engagement with a leading bank in UK for Progressive Modernisation of Core Banking platform.

Mr. Arun Jain, Chairman & CEO, Polaris Software Lab Ltd., said, "With the knee jerk reaction to subprime crisis happening in large banks, our strategy to invest into products has the potential to explore markets beyond US and UK. We are planning to expand our distribution footprint through partnerships and by exploring new markets".

Mr. Arup Gupta, President & COO, Polaris Software Lab Ltd., said, "We have doubled our strategic account landscape from 40 accounts two years back to 80 accounts currently. We completed 12 critical lighthouse** implementations of Intellect this year".

Mr. R Srikanth, Executive Vice President & CFO, Polaris Software Lab Ltd., said, "Our singular focus on the profitability levers has resulted in the increase in net profit for the quarter by 12%. Our revenues for the next year are hedged at an average rate of Rs.40.07 against USD".

** The term lighthouse is used in Polaris to denote Intellect Platform implementations in Tier 1 banks and financial institutions.

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Tektronix, Inc., a leading worldwide provider of test, measurement and monitoring instrumentation, announced the availability of the DPO3000 Digital Phosphor Oscilloscopes (DPOs) www.tek.com/scopes, a portable series of models that extends the advantages first introduced with the award-winning DPO/ MSO 4000 series. The new DPO3000 provides triggering and decode support for the most popular serial buses used in embedded design applications. Additionally, the new oscilloscopes offer 5M standard record length and utilize the popular Wave Inspector™ navigation and search controls to simplify finding events of interest. The new portable DPO3000 simplifies debug and sets new standards for performance, value, and ease-of-use.

Virtually every electronic product designed and produced today is an embedded system and may contain microprocessors, microcontrollers, DSPs, RAM, flash, EPROM's, FPGAs, A/Ds, D/As, and other I/O. Increasingly, embedded system designs are replacing internal parallel buses with serial buses such as I2C, SPI, and CAN. On a serial bus, a single signal may include address, control, data, and clock information; the complexity presents significant debug challenges for design engineers. The DPO3000 Series addresses these problems with the most complete set of tools for working with industry standard serial buses such as I2C, SPI, RS-232/422/485/UART, CAN and LIN.

"Through innovative features such as Wave Inspector and comprehensive support for the serial data standards most often used in embedded designs, the DPO3000 family of oscilloscopes will meet the pressing debug needs of design engineers," said Bob Bluhm, vice president and general manager, Value Scope Product Line, Tektronix. "With many best-in-class features, the DPO3000 is ideal for engineers needing to more quickly and efficiently find elusive design problems and stay on their product development schedule".

Wave Inspector Quickly Locates Difficult to Find Problems
Longer records are necessary for capturing meaningful serial data with high resolution, and allow engineers to spend less time adjusting triggers. In response, the DPO3000 provides 5M deep memory as standard. However, long records often represent thousands of screens worth of signal activity, making it challenging to quickly find information specific to a design problem. The DPO3000 Series Wave Inspector makes simple and efficient work of extracting needed answers.

Wave Inspector provides a dedicated, two-tier front panel knob for intuitive control of zooming and panning. A play/ pause feature with adjustable speed enables customers to automatically scroll the waveform across the screen while they look for the event of interest. Wave Inspector also provides the ability to search through an acquisition and automatically mark all occurrences of user-specified events, and navigate between them effortlessly. With Wave Inspector, the DPO3000 provides easy-to-use tools to quickly find and solve difficult problems.

Most Capable Portable Oscilloscope
The DPO3000 oscilloscope family consists of six models, ranging from 100 MHz to 500 MHz. All models provide 2.5 GS/ s sampling with >5x oversampling on all channels. 5M record length is standard on all channels enabling the capture of long time windows of signal activity with very high resolution.

Not only is the DPO3000 the most capable professional oscilloscope in its segment of the market, at only 5.4 inches deep, it is also the shallowest -- requiring less bench space than competing products -- and weighs only nine pounds for enhanced portability. The DPO3000 also provides exceptional value with Wave Inspector, serial triggering, protocol decode, USB plug-and-play PC connectivity, a 9" WVGA display to show more detail in the horizontal axis to better see glitches and fine details that otherwise might be missed, and the smallest footprint in its class.

The new models also offer a USB host (thumb drive) on the front panel enabling easy transfer of screenshots, setups and waveform data to a PC. All models include Ethernet and a USB device (TMC) port on the rear of the instrument that enables plug-and-play PC connectivity. Additionally, all models provide the TekVPI™ probe interface that fosters communication between the DPO3000 and TekVPI probes. A variety of TekVPI voltage and current probes are available. The DPO3VID Video Application Module adds a comprehensive set of HDTV and custom video triggers. This module combined with built-in, selectable 75W termination make the DPO3000 a great instrument for designs that incorporate modern video standards. No other similar instrument provides both HDTV triggering and built-in 75W termination.

"The new DPO3000 is very close to an ideal instrument, offering ease of use, robust functionality, a great widescreen display, and is easy on the wallet," said Richard Lilley, Sr. Engineering Manager Signal Processing, Harris Corporation-GCSD. "With its serial data triggering and decode support plus Wave Inspector for easily finding information in long records, the DPO3000 is ideal for embedded systems engineers that need to troubleshoot mixed-signal design problems and validate device performance".

Pricing and Availability
The new DPO3000 complements the recently introduced DPO4000 and MSO4000 Series, ranging from 100 MHz to 1 GHz bandwidths and providing the most complete and capable portable oscilloscope offering in the market for embedded systems engineers. U.S. list prices range from $4,450 for a two-channel DPO3012 to $10,900 for a four-channel DPO3054. All DPO3000 models are available for purchase and delivery.

NI LabVIEW SignalExpress Tektronix Edition LE base version is included free of charge with the DPO3000 Series; users can upgrade to the NI LabVIEW SignalExpress Tektronix Edition for a U.S. MSRP of $699 which includes more than 200 measurement acquisition, analysis, and reporting features for use with the DPO3000. The Tektronix Edition software can be ordered from Tektronix as option SIGEXPTE.

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The Volkswagen Group started the second quarter of 2008 with another global record: Under increasingly difficult market conditions, Europe's largest automaker expects to deliver some 550,000 vehicles in April, an increase of 7.0 percent compared with April 2007. As a result, Group deliveries during the first four months of the year will exceed the two million mark for the first time. The company expects to deliver 2.12 million vehicles to customers worldwide during this period, also representing an increase of 7.0 percent on the previous year. This is significantly higher than the 2.5 percent rise anticipated for the global passenger car market.

"The Volkswagen Group with its eight brands is in excellent shape and is pursuing a clear international strategy: new markets, new products, new customer groups bring strong growth. At the same time, we are further expanding our existing positions on established markets and are developing a sustained momentum with our unparalleled, broad-based and increasingly individual model portfolio spanning subcompacts to heavy trucks," Detlef Wittig, Executive Vice President, Group Sales and Marketing, commented.

Volkswagen, the Group's highest-volume brand, expects global passenger car deliveries in April to exceed 320,000 units, an increase of 5.9 per cent. With provisional delivery figures for the first four months running at 1.24 million vehicles, an increase of 7.7 percent is on the cards.

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• More than 28% of those surveyed felt that 'individual efforts to save water do not work'
• More than 85% of the respondents do not 'reuse' water
• More than 60% do not consciously make efforts to spend less water
• BCIL, leader in creating urban eco-friendly homes, will conduct similar surveys every quarter, on various conservation related issues

Residents of Bangalore overwhelmingly support conserving water, but actually do very little to save water! This is just one of the key findings from the first in the series of surveys titled 'BCIL ECO-PULSE', conducted by Biodiversity Conservation [India] Limited (BCIL), a pioneer in alternate technologies, dedicated to urban eco-habitats creation. The survey, aimed at understanding the behavioral pattern and attitude towards Water Conservation was conducted among 400 respondents in Bangalore in the age group of 21 to 50 years. 60% of those surveyed were Graduates or Post-Graduates with household income levels of more than Rs.20,000 per month.

28% of the respondents felt that individual efforts at conserving water were of no use. While a large number of respondents seemingly understand the importance of water conservation, there is very little that they actually do towards water conservation! For Example, out of all those who stated that individual efforts could make a difference, a whopping 85% do not reuse water at all!

Mr. Chandrashekar Hariharan, CEO, BCIL, said, "The findings are not an exception to Bangalore's citizens alone. Demand for water is inelastic. It is difficult for people to adopt measures which will reflect a drop in water use. What is important is to not look for restraints from water-users, as much as for urban planning experts in Government and the building industry to devise measures that can reduce use of fresh water while enhancing systems for water reuse".

"There are many techniques and tools that can help conserve water: low-flow showers and taps at homes, swimming pools that avoid evaporation and therefore replenishments, and so on. There are, of course, simple things you can do at home like avoiding running water while shaving or washing; being conscious of the water we use for washing vessels; if we can use our washing machines only once or twice a week; if we can fix dripping taps and leaking lines...", Mr. Hariharan added.

The survey reveals that 64% of the respondents in Bangalore spend more than Rs.200 on water every month, with 12% spending in excess of Rs.500. A major share of the water usage goes for basic chores like washing clothes, bathing, washing utensils, toilet-flushing and mopping.

Though only 25% of the respondents have said that they use the shower to take bath 89% of them use the shower for more than 10 minutes. 51% of them actually claim to use the shower for more than 20 minutes. The survey reveals that washing clothes is the biggest water user in most of the respondent households. The results show that out of the 222 respondents who use the washing machine 48% wash with the washing machine filled only to half-capacity and 12% use the machine to wash even 2-3 clothes.

24% of the respondents tend to spend more water during summer, Another example of respondents whose action does not compliment their words, is found in the fact that 18% of those who say their efforts help solve the city's water crisis actually spend more water during summer! And more than half, 53%, continue to use the same amount of water during summer also.

The BCIL survey also showed that there are people in our city who care for these things; 15% of the respondents said they reuse water, and 23% consciously reduce usage of water during summer. 58% of those surveyed depend solely on BWSSB for their water while 29% get water from both BWSSB and borewells. 10% of the respondents depend solely on borewells for water supply.

"It is a known fact that Cauvery water feeds less than one-third of the entire need of the city. 70% of the need is met from out of groundwater resources with borewells accounting for nearly 15% of the city's demand. The Groundwater table in Bangalore has dramatically depleted - from about 200 feet in 1980 to nearly 700 feet in certain parts like Hoskote." Mr. Hariharan remarked. "The good news is, with some very simple harvesting systems that can re-charge open wells in your homes or apartment blocks, you can achieve self-sufficiency in most cases with little reliance on deep borewells or on the Municipal water supply," he said. "It is only natural that citizens perceive restrictions on water use to be an intrusion into their personal lifestyles. We need to change the way we think about water. Water is not about water in itself, as they say, it is about water management".

This is the first of the series of surveys which is to be conducted by BCIL to reveal less known facts/ insights/ alarming facts about Bangalore and its citizens. The forthcoming surveys in the 'BCIL ECO-PULSE' series will focus on Energy Conservation, Waste Management, Air Quality, etc., all of which, are causes that BCIL is crusading for, by building homes that are Water and Energy Positive, while being sensitive to most conservation related parameters.

The complete set of findings of 'BCILECO-PULSE', is available on request. Click here.

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Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Enterprise Content Management (ECM) is pleased to announce that it has been recognized as an innovator in the ECM report update by Bloor research. The report on ECM provides a snapshot of the leading players in the Enterprise Content Management market.

Bloor research is renowned for its expert opinions in providing insight into the technology led business issues. Bloor analysts combine their deep knowledge of technology with current trends and drivers in business to assess appropriate technologies and their suitability for businesses now and in the future.

In its recent update on the ECM market, Bloor recognized Newgen Software saying, "Newgen Software Technologies is a new breed of software companies that have developed into product companies on the back of outsourced services in India. Newgen's robust ECM solution comes from its domain expertise in the financial services, insurance and business process outsourcing sectors where it has many customers. Newgen is beginning to expand beyond its Middle East, Africa and AsiaPac region into the European and US markets"

Commenting on the recognition Mr. Diwakar Nigam, Managing Director, Newgen Software said, "I wish to thank Bloor research for recognizing our efforts in the Enterprise Content Management space. This recognition propels us to take our innovation to the next level and achieve our objective of ensuring customer delight".

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Do you love books and playing games online? Want your friends to know about your favourite hangouts? Now that OpenSocial applications are available on orkut online community, users can expect a more fun and powerful experience on orkut.

These applications, created by third party developers, let you interact with friends and customize your orkut profile by adding games, music and much more. With over a dozen applications to choose from today and many more on the way, you can share your favourite books with other enthusiasts, tell your friends about your favourite hangouts, and even play games with them. These applications are integrated into user profiles in the same manner as regular orkut features, such as scrapbook or testimonials.

All of the applications are built on the OpenSocial platform, a set of common APIs that enables developers to build social applications that run on many sites, all across the web. The launch of OpenSocial on orkut means that developers can potentially reach tens of millions of orkut users from around the world and hundreds of millions of new users through other OpenSocial container sites.

Indian developers contributed a number of applications, so apps on orkut will also allow for a more 'desi' experience on orkut. 'Hangout' is one such application that enables orkut users to schedule an event and invite friends to it. Be it a concert or a coffee meeting, you can now let your friends know where to 'hang out'!

"With so much user interest and enthusiasm around orkut and other interactive websites, it is safe to say that the Web is better when it's social. Our goal is to constantly make orkut better by releasing new features. With the launch of applications, orkut users will get access to more new features everyday, thereby improving the user experience at a faster rate. These applications will speed up innovation, unleash developers' creativity, and make the Internet even more enjoyable for users," said Vinay Goel, Head of Products, Google India.

With apps that cover everything from travel to cricket, education to entertainment - orkut users can look forward to a more enriching online experience.

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Riverbed Technology (Nasdaq: RVBD), the technology and market leader in wide-area data services (WDS), announced today the results of its semi-annual customer survey conducted in March 2008. King Research, an independent marketing research firm serving technology companies for over thirteen years, conducted field research and provided analysis for the semi-annual customer survey. For the latest spring '08 survey, 828 customers and resellers responded across five continents, representing 506 organizations of every size. According to the results, customer satisfaction with Riverbed^® products, technical support and professional services exceeds the industry norm. With more than 87% of the respondents saying that they would recommend Riverbed products and services, the survey results show that Riverbed and its products deliver as promised.

The semi-annual survey of Riverbed customers takes an objective look at customer satisfaction with Riverbed products, technical support and professional services. It also looks at the applications Riverbed customers are accelerating with Riverbed Steelhead^® products, as well as customer purchase motivations, other vendors considered in the purchase process and why customers chose Riverbed over the competition.

Of the respondents who evaluated alternatives, 40% chose Riverbed Steelhead appliances over Cisco's WAAS offerings, and 23% selected Riverbed Steelhead appliances over Juniper's WX or WXC appliances. Most interesting is that 31% of all survey respondents selected Riverbed without looking at another WDS vendor, showing both the strength of the Riverbed market lead and that the market for WDS is in its early stages. Riverbed is well-known in the marketplace as the only vendor to provide a best-of-breed, integrated WDS solution that accelerates applications and data for remote offices, data centers and mobile workers across wide area networks (WANs), accelerating access to applications and data up to 100 times faster.

Customer satisfaction: It is all about going faster
Over 87% of the respondents gave Riverbed an overall company rating of eight or higher on a scale of 1-10, while a full 39% of respondents gave Riverbed a perfect score of 10 out of 10. Product performance, hardware and software quality and management capabilities were all highly rated, with application performance peaking at 8.75 out of 10. The Riverbed technical support team also received exceptional scores, with expertise of support engineers coming in at 8.72 out of 10.

"In the multitude of customer satisfaction studies we have conducted for technology companies over the past thirteen years Riverbed's customers are among the most enthusiastic. The overall scores reported are some of the highest that we have seen," said Diane Hagglund, managing director for King Research. "Overall, Riverbed customers are thrilled with the performance, ease of deployment and management of Steelhead products as well as with the knowledge and responsiveness of the company's global services organization."

Purchase motivations: speed and cost savings
King Research surveyed the Riverbed customer base to determine their primary and secondary purchase motivations.
  1.  51% of respondents selected applications and data acceleration
  2.  48% of respondents selected Riverbed to dramatically reduce bandwidth costs
  3.  33% of respondents selected Riverbed to consolidate and virtualize IT infrastructure and improve application performance

"We had been evaluating Cisco WAAS and were not happy with all the changes we needed to get it to work," said Riverbed customer and survey respondent Traci Pack, Stryker Instruments, a global leader in medical technology. "Riverbed Steelhead appliances took longer to rack than to get up and running. The Riverbed services team was very responsive and provided everything we needed. I don't think we could have had a better overall experience and business result."

Why Riverbed over the competition: More speed, simplicity and scale
The top three reasons that respondents chose Riverbed over the competition were:
  1.  Steelhead products deliver faster and better performance
  2.  Steelhead products are easier to deploy and manage and
  3.  Steelhead products offer broader support for application acceleration

Based on this, 87% of survey respondents said they would purchase Riverbed products again and recommend Riverbed to friends or colleagues.

Other considerations were pre-sales and support, range of features, scalability, product stability and the company's position as the WDS market leader. Sixty-three percent of customers surveyed said they selected Riverbed over competitors like Cisco WAAS and Juniper WX/WXC due to ease-of- deployment and management. Fifty-four percent of Riverbed customers surveyed also said that the need to accelerate the mobile workforce was an important factor in selecting Riverbed over the competition.

Applications Accelerated: More than anybody
The customers surveyed are accelerating the broadest range of applications with Riverbed Steelhead products. The top ten applications that customers are accelerating with Riverbed products are:
  1.  Windows File Sharing
  2.  Microsoft Exchange
  3.  Web-based applications (e.g., SharePoint, Web Front)
  4.  MS-SQL back-end applications
  5.  Custom applications
  6.  Client/server business applications (e.g., Oracle, SAP)
  7.  FTP
  8.  Backup/replication (e.g., SnapMirror, DPM, DoubleTake)
  9.  Thin client
 10.  CAD and document management (e.g., Interwoven, Documentum)

"Frequent customer feedback has been a key driver of our success and market leadership since we first shipped our products in 2004," said Eric Wolford, senior vice president of marketing and business development, Riverbed Technology. "We always know where we're going because our customers show us the way."

Steelhead Products
Riverbed WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices and mobile workers by five to 50 times and in some cases up to 100 times, Riverbed's award-winning Steelhead WDS products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo: www.riverbed.com/pr/jack.

Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, and statements relating to Riverbed's ability to meet the needs of distributed organizations. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-K filed with the SEC on February 15, 2008. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.

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SonicWALL, BV (NASDAQ: SNWL), a leading secure network infrastructure company, announced Redington as the new company to manage its RMA process in India. Redington's integrated service delivery framework which leverages SonicWall's globally acknowledged delivery capabilities has substantial advantages over traditional models in terms of Service manageability, predictability, reliability and responsiveness to the return authorization process.

With the rapidly expanding customer base in India, SonicWALL wanted a strong logistic company who is process oriented and uses efficient method of controlling the return or exchange of products sold to customers, ensuring visibility and tracking of the product until the transaction is concluded and customer's issues are resolved quickly.

Redington leverages the latest dedicated technology to automate return to manufacturing authorizations, and route products to disposition according to SonicWall's specific requirements. This solution will make it easy for customers to obtain return authorizations. The service-desk ensures, pro-active monitoring and administration services for the customers.

SonicWall can now enhance customer service levels while containing costs. RMA Insight also bridges the product quality intelligence gap between return material authorization (RMA) and manufacturing quality data.

After careful scrutiny of the reverse logistics industry, Redington clearly stood out as the most customer-oriented, technologically advanced company, "Abhay Solapurkar, Director Customer Service of SonicWall said. "It was important for us to find a full service provider that was flexible and very knowledgeable in the returns industry. Commitment to quality and continual customer improvement were also deciding factors. We found that Redington systems and processes were scalable and reliable which were essential given our rapid growth".

We are seeing increased demand for managing business critical applications and return IT operations from customers in the region, Regional organizations are rapidly growing and they require complete attention on IT operations. Progressive businesses such as SonicWall need flexible and customer-service oriented supply chain partners," added E H Kasturi Rangan, President of Redington. "Technology coupled with our state-of-the-art National Return Center will allow SonicWall to rapidly grow while offering a professional, customer-friendly return process. The returns data we gather will also give SonicWall the information they need to power critical marketing, product development and manufacturing decisions".

For more information please visit: http://www.sonicwall.com.

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Trane, a leading global provider of indoor comfort systems and comprehensive facility solutions, today announced their participation in Continuum 2008 as a platinum sponsor. Continuum 2008, which is being organized on April 11, 2008 in Bangalore is a day long industry-academia meet organized by CareerNet Consulting. This year's theme is "Talent Acquisition: Changing Paradigm". The meet will also be organized in Hyderabad, Pune and Delhi through the month of April 2008.

The global demand for Indian technical expertise has intensified the strain on the availability of resources. "Trane's platinum sponsorship of Continuum 2008 and our on-going involvement with universities to prepare and recruit graduates is in line with our mission to supplement the growing demand for engineers as we expand our operations in India", said Paparao Kodali, Leader, Trane RS-India Design Center.

Trane also announced the setting up of its Design Centre in India in this quarter. The Indian Design Centre (IDC) is a Control Systems Centre of Excellence focused on Controls Software Development at Embedded and Application layers. The IDC will also be responsible for maintaining and upgrading current and legacy control applications.

On Trane's initiative to set up their first design center in India, Mr. Kodali said, "We recognize the increased potential of control systems software as a key product differentiator. Trane examined a number of countries for locating this important design center. Based on India's recognized leadership in software, IT, engineering and a sound human capital base, the company decided to locate this center in India".

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Sify Technologies Limited (NASDAQ National Market: SIFY), a leader in Consumer, Internet and Enterprise Services in India with global delivery capabilities, announced that the Company is migrating its Financial Reporting to the International Financial Reporting Standards (IFRS). Sify's financial results were announced previously under US GAAP up to the quarter ending December 31, 2007.

"The SEC has, in its release of 21st December 2007, permitted Foreign Private Issuers to prepare financial statements under IFRS without reconciliation to US GAAP. The Indian GAAP is presently based on IFRS with a full convergence with IFRS expected to happen in 2011. Our vision and standards have always been global, so it is fitting that Sify is taking the initiative to transit to globally followed accounting standards with our annual financial results statements as per IFRS", said Mr M P Vijay Kumar, Chief Financial Officer, Sify Technologies Limited.

Sify will release its Fourth Quarter and Annual Results for the year ending March 31, 2008 prepared under IFRS. As the transition involves extensive process review and preparation, the results for the quarter ending March 31, 2008 and for the financial year ending March 31, 2008 would be announced by May 31, 2008.

IFRS is generally principles-based standards. IFRS requires exercise of judgement by the preparer and the auditor in applying the principles of accounting based on economic substance of the transactions rather than on the legal form. More than 100 countries now require or allow use of IFRS, and many other countries are replacing their national standards with IFRS.

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Infosys Technologies Limited (NASDAQ: INFY) today announced that The Boeing Company has awarded it a 2007 Boeing Performance Excellence Award (BPEA) for achieving a gold level of performance over the 12-month period. Infosys Technologies was one of fewer than 50 companies out of approximately 10,000 Boeing worldwide suppliers to receive a gold level performance award.

"We are committed to providing our clients with top level performance and execution that enhances their competitiveness in today's rapidly changing, global marketplace", said Franco Gonsalves, global head of automotive and aerospace manufacturing, Infosys Technologies. "Receiving the Boeing Performance Excellence Award is a clear reflection of the success driven by our deep industry insights and approach. The recognition exemplifies the value Infosys continues to deliver to clients in manufacturing industries".

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Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced the promotion of six of the company's Financial Services Strategic Business Unit (FS SBU) executives to vice president positions across the organization.

The new vice presidents are:

•	Prashanti Bodugum - India
•	Ian Campos - North America
•	Sean Drewett - North America
•	Kamal Ghoneim - North America
•	Frank Harmsen - Netherlands
•	Jagadeesh Kuncham - India

"We take great pride in the investment made in our greatest asset - our people. These individuals demonstrate superior performance and contribute significantly toward the success of the organization", said Raymond Spencer, Capgemini FS SBU CEO. "With leaders such as these, I am confident that we will continue to be the leader for leaders in the financial services sector. I wish them great success in all their endeavors with Capgemini FS SBU and our clients".

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Eating its way to the forefront of the "green" movement, the BigBelly^® trash bin designed in SolidWorks^® 3D CAD software is the world's first and only on-site solar-powered trash compactor.

BigBelly is used in busy places around the world like shopping districts, food courts, and entertainment venues, or in remote places such as parks and beaches.

Standing at 50 inches tall and weighing 300 pounds, BigBelly uses only the sun's energy to compact and store five times the amount of garbage as receptacles of the same size. The machine uses up to 1, 250 pounds of force to compact trash periodically until it is full. Municipalities and city parks that formerly emptied garbage cans twice a day can now empty BigBelly once a week, reducing fuel costs and carbon emissions from garbage truck trips. Headquartered in Needham, Mass., the BigBelly Solar company standardized on SolidWorks software to optimize the unit's design and accelerate development to meet customer demand.

"Escalating steel prices forced us to rethink our approach to early development models", said Jeff Satwicz, BigBelly Solar product manager.
"SolidWorks' sheet metal features along with simple load analyses in COSMOSXpress^™ enabled us to re-design the machine with 30 percent fewer steel parts. That not only cut costs for a young startup company, but also jibed with our eco-friendly philosophy".

The unit, which stores energy even on cloudy days, can operate for a full day with the equivalent energy it requires to toast a slice of bread. It can operate for eight years on the equivalent energy it takes to drive a garbage truck one mile. These feats are possible in part because BigBelly Solar, its manufacturing partner, and their suppliers have good design communication.

Most of BigBelly Solar's suppliers use SolidWorks, and they share design concepts with eDrawings^® e-mail-enabled design communication tool. eDrawings lets users send and receive 3D models or 2D drawings of product designs that recipients can view, rotate, and study as if they had a physical prototype in front of them. "It's important to have everyone speaking the same language. That helps us look at the big picture as well as the details", said Satwicz.

BigBelly Solar recently unveiled recycling units that connect to BigBelly or can stand alone, for customers who want to extend their environmentally friendly waste solutions. Designed in SolidWorks, the BigBelly Recycling Unit looks similar to the BigBelly, but offers an insertion hole for cans and bottles, mixed paper or both.

"The 'green' movement's success is measured in increments", said SolidWorks CEO Jeff Ray. "BigBelly is a great example of innovation in the face of a global problem. Its rapid adoption across the U.S. and in foreign countries demonstrates that we can find ways to reduce our impact on the environment - in this case, one BigBelly at a time".

BigBelly Solar relies on authorized SolidWorks reseller CADD Edge for ongoing software training, implementation, and support.