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Top Stories this month - May 2008
IDLDPL Embarks upon Aggressive Strategy for YES Brand Products in the Indian Market
Corporates should Work on Creating Employment Opportunities for Rural Folks
NETGEAR® Strengthens its Industry-Leading Family of ProSafe Gigabit Smart Switches by Introducing Three Advanced Smart Switches
Sonicwall Accelerates Network Performance With Enhanced Deep Packet Inspection Engine
Trane Announces Opening of Global Design Centre in Chennai, India
YouTube Arrives in India: Launches Site Catered to Indian Users
Cognizant Reports Record First Quarter 2008 Results
NETGEAR® ProSafe™ Wireless VPN Firewall Family Selected as 2008 Readers' Choice Award Winner by Information Security and SearchSecurity.com
Net4 Forms New Subsidiary in Singapore And Awarded with SBO License

April 2008

IDLDPL Embarks upon Aggressive Strategy for YES Brand Products in the Indian Market
Will continue to tailor make for the growing needs of Indian consumers
Emphasize on pricing and availability strategy
New Delhi, India, May 15, 2008

One of the leading distributors of IT and Lifestyle Products, IDLDPL (India Digital Life Style Distributors Pvt. Ltd.), has announced that it has embarked upon an aggressive marketing strategy to promote YES band in India. Along with this, the company is launching a wide range of products in the category of Digital Photo frames and MP3 Players. IDLDPL's thrust on YES brand of Digital Photo frames and MP3 players is obviously because of the aggressive growth of these categories in the Indian market and a great appreciation for YES brand.

As part of its aggressive marketing activities, IDLDPL is planning to launch host of programme to make the users and the partners aware of the brand. It include multi-city road shows along with its partners, participating in events, channel training programmes from technology roadmap and marketing perspective, incentivization programmes for the partners and the end-customers and creative a lot of branding activities in the various retail outlets, print and electronic media.

The YES MP3 players offer a perfect blend between visual and aural aesthetics and perhaps the best price performance advantage over the competition in the market today. These MP3 players are so eye-catching and affordable that those can easily owned by the young users in colleges and schools. The products with their multi-colour display, FM, Voice recording features come with superior sound quality. Since the YES MP3 players come pre-configured with various ease of usage functionalities, the users can easily access these player for various applications - be it FM or voice recording or player MP3 songs. On top of these functions, the MP3 players are very small in size and give longer battery life, which enables one to use the players for a longer time. One can get various options in terms of capacity and colour, so you can grab one matching your taste in terms of colour and capacity at the cost of your pocket money.

Similarly, the YES Digital Photo Frames are manufactured keeping the Indian applications in India. All the YES Digital Photo Frames have build-in speakers to run A/V applications. One can transfer pictures to the stand alone Photo Frame directly from the digital camera or cards including SD, MMC, SSD or even pen drives in seconds and watch the pictures either as a slide show or as individual photos. With the playback option one can listen to music, audio clips for each picture, that too in stereophonic sound.

Speaking about the launch, Mr. Deepakraj Singh, Retail Chain Manager at IDLDPL said, India is a huge market from the point of view of YES MP3 players and YES Digital Photo Frames. The users of MP3 players stay every where in urban, semi-urban and rural areas. No body has, in fact, tapped the full potential as of yet. It is simply because they do think that MP3 player is a niche product till date and they do not work on their pricing strategy or availability strategy. We have understood this opportunity and working on our pricing so that a school going child can afford YES MP3 player saving his/ her pocket money. Similarly, we are planning to push our products in every potential foot fall outlets including the friendly-neighbourhood outlets in the smaller cities or semi-urban towns".

"As far as YES Digital Photo Frames are concerned, we are targeting the entire market starting from the consumers to hospitality industry, healthcare, retail, airport authorities etc., because Digital Photo Frames are the high potential products for these verticals. We are planning to make some joint marketing activities and lead-generation activities for these verticals," he added.

Deepakraj maintains, "India is one of the strategic markets for us. In fact, it is one of our top 10 markets. Therefore, this year, we will put more emphasis on our Channel business while our retail and OEM business will continue side by side. We also intend to participate in major events wherein we would be giving demonstration of our range of products".

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Corporates should Work on Creating Employment Opportunities for Rural Folks
Emphasize on creating Rural BPOs and Call Centres
New Delhi, India, May 14, 2008

As there is still a great disparity between the rural and urban folks as far as employment is concerned, Shri Chandra Sekhar Sahu, Minister of State for Rural Development, Government of India, called upon the private organizations and specially the ICT industry to establish BPOs and call centres in the rural areas. Addressing a gathering of dignitaries at the VARIndia IT Forum - 2008, he said, "e-Governance is a befitting answer to most of the issues that the country is grappling with at present. The growth of India can be achieved if we are able to offer employment to the youth in the rural areas, which comprises 70 per cent of the population. Rural unemployment being one of the biggest challenges in the country, the corporates should set up their back-end activities in the rural areas by creating BPO and call centre jobs. This will serve many purposes of both the government and the corporates. By doing so, the corporates will save a lot of revenue as they can engage very cheap labour in these locations and on the other side the congestion in the urban areas will be lessened. Along with this, the employee productivity will definitely be enhanced amidst the natural flora and fauna of the rural areas".

Apprising the audience about the government projects, he said, "The present Government is emphasizing on expediting various projects, including creating massive e-Governance infrastructure, National ID, Citizen Databases, GIS and GPS, smart card and Digital content and e-Govenrence domain expertise".

"In the last few years, we have achieved fairly good success. For example, through Bhoomi project in Karnataka, we have computerized the hand-written land records of thousand years old. Similarly, in Gujarat there are websites, whereby the citizens can interact with the government authorities on issues like land, water and taxes. In Andhra Pradesh, citizens, through e-Seva, can pay electricity, water and telephone bills as well as municipal taxes. They can also access reservation as well as birth and death certificates, and also avail other B2C services. e-Choupal makes available information to farmers about the global and local weather, scientific practices of cultivation and pricing of the produce sitting in a single place," he maintained.

"SWAN and community Information centres have been implemented through the PPP models to enable the citizens. The Ministry of Rural Employment has launched a rural portal for information exchange. It provides a gateway to around 150 websites. Some links include BPL census 2002, CAPART, etc. It provides details of Rural Development Department and their physical and financial status, tender notices, etc. which are available on the site. Saras mela is available online to showcase the creativity of the rural artisans. National portal for NREGA has been developed to provide appropriate solution to the NREGA scheme. As you know, NREGA is the landmark legislation of the UPA Government, which provides 100 days of wage employment for every household in the rural areas," he adds.

He adds, "Any success of e-Governance in this vast country is only dependent on the necessity of a system, which can bridge the digital divide. Any delivery mechanism, which is so fail-safe and so solid that it should surpass the intermittent of power supply slow connectivity and harsh weather conditions".

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NETGEAR® Strengthens its Industry-Leading Family of ProSafe Gigabit Smart Switches by Introducing Three Advanced Smart Switches
Offer Static Routing and Advanced Feature Sets to Deliver Robust Security, Enhanced Traffic Management and Increased Network Availability to Support Critical Bandwidth-Intensive Business Applications
New Delhi, India, May 13, 2008

NETGEAR, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking solutions, today announced the expansion of its industry-leading family of ProSafe Gigabit Smart Switches with the introduction of three advanced Smart Switches.

Designed to deliver robust security and enhanced traffic management and availability to growing networks in small and medium businesses, the ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) and 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) are feature-rich, affordable, reliable, and easy-to-manage alternatives to fully-managed switches.

NETGEAR's new ProSafe Advanced Smart Switches (GS724TR, GS748TR and GS724AT) add advanced capabilities to the growing family of ProSafe Gigabit Smart Switches, which includes the ProSafe 24- and 48-Port Gigabit Stackable Smart Switches (GS724TS and GS748TS), ProSafe 24- and 48-Port Gigabit Smart Switches with PoE (GS724TP and GS748TP), and ProSafe 8-Port Gigabit Smart Switch (GS108T). The new ProSafe Advanced Smart Switches, which are covered by NETGEAR's ProSafe Lifetime Warranty, deliver more robust security, higher quality of service (QoS) and high availability through an advanced feature set that includes Access Control Lists (ACL), 802.1x port authentication, rate limiting, IGMP snooping and Rapid Spanning Tree providing businesses with a scalable, reliable network that is geared for growth. NETGEAR's user-friendly Web-based ProSafe Control Center provides simple, yet comprehensive management through a streamlined interface that eases navigation, delivers basic and advanced views for different user types, and provides index and help functions.

Designed to ease congestion at the core of mid-sized business networks, the ProSafe 24- and 48-Port Gigabit Smart Switches with Static Routing (GS724TR and GS748TR) are the first Smart Switches in the industry to provide static routing capability. By using static routing to offload inter-VLAN routing traffic from the core, businesses can deploy the GS724TR and GS748TR to optimize bandwidth efficiency by freeing up the router for WAN and security traffic. The GS724TR and GS748TR, which feature 24 or 48 10/ 100/ 1000 ports and two or four shared SFP ports, support 32 static routes to enable inter-VLAN routing, manage broadcast storms more effectively and deliver tighter security.

The NETGEAR ProSafe 24-Port Gigabit Smart Switch with Advanced Features (GS724AT) provides small and mid-sized companies with management capabilities at an affordable price, providing the features found in fully managed switches without the associated cost and complexity of a fully-managed solution. The GS724AT incorporates 24 10/ 100/ 1000 ports and four combination SFP ports for optional fiber connectivity enabling businesses to deploy essential as well as advanced business applications such as security, ERP, wireless, Voice over IP (VoIP), and more. This switch also provides advanced features such as Access Control Lists (ACL) for increased security, Layer 3 based QoS for enhanced traffic prioritization, Auto Voice VLAN for 'Plug and Play' deployment of VoIP, and Rapid Spanning Tree (RSTP) for increased availability.

"Growing small and medium businesses are continually faced with the challenge of maintaining and growing scalable, reliable and affordable network infrastructures to support an increasing array of advanced applications such as ERP systems, wireless and converged communications systems. "Security is a growing need with SMB customers, as is the need to prioritize applications. The addition of the Advanced Smart Switch products to our popular ProSafe Gigabit Smart Switch family provides small and mid-sized businesses with advanced, affordable and easy-to-manage alternatives to fully-managed switches. These advanced switches enable companies to gain better control and improve the efficiency of the network infrastructure while delivering the performance, functionality and value that have established our ProSafe Smart Switch line as an industry leader".

Atul Jain, Country Manager, India and SAARC, NETGEAR India, says, "India's economic growth is well balanced on the growth of its Small and Medium enterprises. So in order to keep the momentum going, NETGEAR India is completely committed. We have tried to offer technology, which fit to their budget and adaptable to the changing business scenario taking care of ease of usage and security aspects pertaining to the networks. Therefore, the new line of ProSafe Smart Switches are products of great value to the large pool of SMEs in India and completely aligned to our commitment".

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Sonicwall Accelerates Network Performance With Enhanced Deep Packet Inspection Engine
End Users Access Web 2.0 and Other Internet-Based Applications Without Security or Performance Constraints
Sunnyvale, California And Las Vegas, May 9, 2008

SonicWALL, Inc. (NASDAQ: SNWL), a leading secure network infrastructure company, today announced the availability of the SonicWALL Re-assembly Free Deep Packet Inspection (RFDPI) 8 engine. The breakthrough inspection engine, now optimized for SonicWALL's network security appliance (NSA) multi-core architecture, provides IT administrators with increased insight into inbound and outbound network content without compromising security or performance. This is particularly important as Web 2.0 applications continue to push their way into the business environment introducing new threats and taxing organizations network bandwidth.

The new inspection engine is part of SonicWALL's overall Unified Threat Management (UTM) strategy, a layered security approach that addresses an increasingly complicated threat landscape. Using the RFDPI 8 engine's speed and intelligent inspection capabilities, SonicWALL UTM solutions allow administrators to inspect network traffic against malware, viruses and other threats while still maintaining the flow of information.

"Employees are increasingly deploying and using Web 2.0 applications such as social networks and streaming media in the workplace," said Jon Kuhn of SonicWALL. "For the IT administrator, the challenge is balancing access to these applications with security. SonicWALL's RFDPI 8 engine puts the control back into the hands of the administrators by providing deep inspection capabilities of all network traffic to provide uncompromised security, without sacrificing bandwidth - it's no longer an either/ or situation".

With the wide array of potential internal and external risks, organizations need security at every level - from email signatures to the desktop. SonicWALL UTM solutions offer businesses comprehensive multi-layered protection with gateway anti-virus, gateway intrusion prevention, firewall, anti-spam, and content filtering.

"SonicWALL offers alternative solutions to customers who aren't willing to settle for the status quo," said XXX partner. "Now customers of all sizes have access to an affordable and comprehensive UTM solution powered by deep packet inspection that provides quick and safe access to their information".

The new RFDPI 8 engine features:

  • Universal security engine and signature language designed to protect all network protocols, malware and content inspection
  • High performance engine that scales from single core to multi-core processors
  • Ability to support any platform memory size without limitation of flow size (content length/ size) or number of concurrent connections and no restriction or limit on numbers of flows protected

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

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Trane Announces Opening of Global Design Centre in Chennai, India
Centre of Excellence Reiterates Company's Commitment to India market
Bangalore, India, May 7, 2008

Trane (NYSE: TT) announced today the launch of its first Design Centre in India in Chennai. Trane is a leading provider of energy efficient and environmentally responsible building management and indoor comfort systems.

The centre will support the India market and will be a global R&D facility for Trane controls. It will also have a state-of-the-art validation and verification capabilities.

It is closely tied into various development programs and integrates seamlessly with other engineering centers. It is expected to exchange knowledge, expertise and best practices with Trane's design centres in Epinal, France; Shanghai, China; St. Paul, Minnesota; La Crosse, Wisconsin; Tyler, Texas; and Clarksville, Tennessee, all in the United States.

The design centre, located in Ascendas IT Park will initially focus on controls embedded and application software engineering skills. "Chennai is the ideal place for us to expand our presence with a design centre because of the city's strength in software development and human capital," said Prakash Bedapudi, Vice President, Global Engineering & Technology for Trane.

"Being located in a region with a large supply of engineering talent, the centre can help accelerate new feature additions to existing products and reduce the time needed for new product introductions. In addition, it can help the company rapidly adapt its products to the demands of the dynamic and fast growing emerging markets," continued Prakash.

By playing a key enabler role for the company's growth in the region as well as globally, the centre will contribute towards improving area customer's overall product and service experience.

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YouTube Arrives in India: Launches Site Catered to Indian Users
India, May 7, 2008

YouTube™, the world's most popular online video community that allows people to discover, watch and share originally created content, today announced the launch of its local Indian site (www.youtube.co.in). YouTube India features a localized homepage and search functions, allowing users to create and share videos, discover the most popular and relevant videos in India, and connect with other Indian and global users. Over time, YouTube India will benefit from an entirely "local" experience highlighting and featuring the content and functionality most desired by the Indian users.

"We are very excited to bring a local version of YouTube to India considering the passion of users here for music and entertainment." said Steve Chen, CTO and co-founder of YouTube. "For a culture that is steeped both in video and in storytelling, and where everyone has a voice - YouTube India will not only offer Indian users more relevant content but also provide a platform to share India's unique and diverse culture and lifestyle with the largest online video community in the world".

"YouTube allows anyone with a simple web camera or even a cell phone to create content, connect, and converse with each other through the medium of video," said Sakina Arsiwala, International manager, YouTube. "It provides a powerful way for people to express themselves. From a home video to a magic show to classroom lectures or working professionals connecting with their families in another city, YouTube is about communication and not just entertainment," she added.

With local features such as promoted videos, featured videos, and homepage promotions, localised user interface and help center, user support and community features (such as video ratings, sharing and content flagging), YouTube India will make it even easier for the Indian YouTube community to search and view videos from India. Additionally, content uploaded by users in India will show up as "top favourites" and "recommended content" on the local YouTube site. The localized site also aims to facilitate connections among the large Indian NRI community.

In India, YouTube has already signed partnerships with Eros Entertainment, Rajshri Films, IIFA, Ministry of Tourism, IIT Delhi, NDTV, UTV, Zoom TV, India TV and Krishcricket, to name a few, and will continue to work with a range of partners, across a range of genres, to bring Indian content to more people in new ways.

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Cognizant Reports Record First Quarter 2008 Results
Revenue Up 40% Year-over-year and 7% Sequentially Strong Growth Continues in Europe
Teaneck, NJ and Bangalore, India, May 7, 2008

Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of IT and business process outsourcing services, today announced its financial results for the first quarter ended March 31, 2008.

Highlights-First Quarter 2008

  • Quarterly revenue increased to $643.1 million, up 40% from the year-ago quarter
  • Quarterly diluted EPS on a GAAP basis was $0.34, compared to $0.25 in the year-ago quarter
  • Quarterly diluted EPS on a non-GAAP basis was $0.38, excluding $0.04 of stock-based compensation and stock-based Indian fringe benefit tax expenses, compared to $0.27, excluding stock-based compensation expense of $0.02, in the year ago quarter

Revenue for the first quarter increased to $643.1 million, up 7.2% from $600.0 million in the fourth quarter of 2007, and up 40% from $460.3 million in the first quarter of 2007. GAAP net income was $101.9 million, or $0.34 per diluted share, compared to $75.4 million, or $0.25 per diluted share, in the first quarter of 2007. GAAP operating margin for the quarter was 17.4%. Excluding stock based compensation expense of $13.0 million and stock-based Indian fringe benefit tax expense of $0.9 million, non-GAAP operating margin was 19.5%, in line with the Company's targeted 19 to 20% range. Reconciliations of these non-GAAP financial measures to GAAP operating results and diluted EPS are included at the end of this release.

"We are pleased with this quarter, during which we have surpassed our growth targets. The quarter's results, achieved despite the increased economic uncertainty and challenges in the financial services industry, testify to the resilience of our business model which is diversified across business segments, service offerings and geographic regions," said Francisco D'Souza, President and CEO of Cognizant. "Our Healthcare, Retail/ Manufacturing/ Logistics and Other segments all demonstrated sequential growth of approximately 10% or greater and Europe continued to grow well in excess of company average, growing 12% sequentially during the quarter".

Mr. D'Souza continued, "We have adopted a more cautious view for the remainder of the year to reflect the heightened economic challenges over the past two months. However, we believe that the current environment also presents us with opportunities to help clients in industries such as financial services, healthcare and media adapt to the structural changes that are transforming their industries. In addition, our clients are also seeking cost rationalization solutions in order to compensate for the pressures on their businesses. The investments we've made in broadening our service offerings, building deep domain expertise and advanced consulting and analytics capabilities position us well to capitalize on these needs".

2008 Outlook—Second Quarter & Full Year
Based on current visibility, the Company is now providing the following guidance:

  • Second quarter 2008 revenue anticipated to be at least $680 million
  • Second quarter 2008 diluted EPS expected to be $0.34 to $0.35 on a GAAP basis, and $0.38 to $0.39 on a non-GAAP basis, which excludes $0.04 of estimated stock-based compensation and stock-based Indian fringe benefit tax expense
  • Fiscal 2008 revenue is anticipated to be approximately $2.95 billion, up approximately 38% compared to 2007
  • Fiscal 2008 diluted EPS expected to be approximately $1.50 on a GAAP basis, and $1.67 on a non-GAAP basis, which excludes $0.17 of estimated stock-based compensation and stock-based Indian fringe benefit tax expense

"We continue to invest across our industries, service-areas and geographies in order to address client needs, enhance our market position, continue to grow and deliver value for shareholders," said Gordon Coburn, Chief Financial and Operating Officer. "While keeping these goals in mind, we plan to increase resource utilization throughout 2008 in order to optimize efficiency and quality and help us remain flexible within the current environment. As we look ahead, we remain confident that despite near-term challenges in the economy, our strategy and execution excellence will ensure that Cognizant's growth continues to outpace the industry".

Conference Call
Cognizant will host a conference call today, May 7, at 8:30 a.m. (ET) to discuss the Company's quarterly results. To participate in the conference call, domestic callers can dial (800) 374-0467 and international callers can dial (888) 652-6834. The conference call will also be available live via the Internet by accessing the Cognizant web site at www.cognizant.com. Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay will be available by dialing (800) 642-1687 for domestic callers and (706) 645-9291 for international callers and entering "43765301" from two hours after the end of the call until 11:59 p.m. (Eastern) on Wednesday, May 14. The replay will also be available at Cognizant's web site www.cognizant.com for thirty days following the call.

For further information, contact:
R Ramkumar
Director, Corporate Marketing, Research and Communications
91-44-43605100
ramkumar@cognizant.com

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NETGEAR® ProSafe™ Wireless VPN Firewall Family Selected as 2008 Readers' Choice Award Winner by Information Security and SearchSecurity.com
ProSafe 802.11g Wireless VPN Firewall 8 with 8-Port 10/100 Mbps Switch (FVG318) and ProSafe Wireless ADSL Modem VPN Firewall Router (DGFV338) Receive Bronze Award in the Wireless Category for Robust Feature Set
New Delhi, India, May 1, 2008

NETGEAR, Inc. (NASDAQGM: NTGR), today, announced that NETGEAR ProSafe Wireless VPN Firewalls have received the bronze award in the wireless category of the Information Security™ magazine and SearchSecurity.com 2008 Readers' Choice Awards.

The Readers' Choice Award recognized the ProSafe 802.11g Wireless VPN Firewall 8 with 8-Port 10/100 Mbps Switch (FVG318) and ProSafe Wireless ADSL Modem VPN Firewall Router (DGFV338) as being among the best products in the wireless category, which included wireless IDS/ IPS, access control and rogue detection products.

According to the article, the ProSafe Wireless VPN Firewall product family, which combines an 802.11g wireless access point, IPsec VPN firewall and Fast Ethernet switch into one package, was one of the highest rated solutions identified by a group of more than 1,600 information security executives and managers. "Readers gave the series high marks, lauding its attacker detection, access control and wired security management system integration features".

"This award is particularly gratifying and exciting for NETGEAR given the fact that the award winners were selected by the information security professionals that use the products day in and day out," stated Jason Leung, Senior Product Line Manager of SMB Security. "Our wired and wireless VPN firewall products are enjoying strong popularity among small and medium businesses that employ them as standalone all-in-one network security solutions in smaller offices, and by larger companies that utilize our VPN firewalls to provide secure and reliable access to network resources by remote offices and telecommuters. The robust security functionality and comprehensive feature set that the receipt of this award was based upon has established our ProSafe Wireless VPN Firewalls among the top network security solutions in the SMB market".

Atul Jain, Country Manger, India & SAARC, Netgear, says, "The awards justify our commitment to developing technology from grounds up. We do not cut frills of the bigger products and give it to the SMB customers rather we create SMB specific products keeping their growth trajectory in mind, which not only gives enterprise-class performance but ample opportunity to scale up along with the growth of the SMBs. The biggest advantage of Netgear products is that one need not to have to tweak here and there, rather just plug it into the network and it is ready for performance".

The NETGEAR ProSafe Wireless VPN Firewalls are comprehensive network security products that combine a Stateful Packet Inspection (SPI) firewall, 802.11g wireless access point, support for multiple IPSec VPN connections, NAT router, and 10/100 Mbps Ethernet switch to provide a robust, complete network security solution for growing small and medium businesses. The ProSafe Wireless VPN Firewall products, which include the ProSafe 802.11g Wireless VPN Firewall 8 with 8-Port 10/100 Mbps Switch (FVG318) and ProSafe Wireless ADSL Modem VPN Firewall Router (DGFV338), feature intuitive Smart Wizards to simplify setup and use.Ideal for use by SMBs, remote or branch offices, and telecommuters, the ProSafe Wireless VPN Firewalls block unwanted users from accessing the network. The firewalls provide comprehensive controls to fortify the network by blocking or filtering unwanted addresses, services, protocols, and URLs. WPA2 protects the wireless network with the highest available level of industry-standard encryption and authentication and simultaneous IPSec VPN connections protect links between business locations. Intrusion control provides defense against Denial of Service (DoS) hacker attacks. The feature-rich firewalls support dynamic DNS to facilitate remote access, cameras, games, and other hosted services for users with dynamic IP addresses. The NETGEAR ProSafe Wireless VPN Firewalls are backed by a lifetime warranty and are available via leading direct marketers, e-commerce sites and value-added resellers.

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Net4 Forms New Subsidiary in Singapore And Awarded with SBO License
Bangalore, India, May 1, 2008

Net4 India Ltd, India's leading IP Communication service provider, today announced the opening of its newly formed subsidiary Net4 Singapore Pte Ltd and that it has also been awarded with the Service Based Operator (SBO) license in Singapore. Under the license, the company will now be able to support a range of enhanced retail and wholesale VoIP business. The new division, headquartered in Singapore, aims to create a proactive, customer-facing organization and to manage the wholesale VOIP business from Singapore for its International Market.

Net4 will establish a new PoP in Singapore for VoIP related services that includes International Calling Card Service (ICC), Toll Free Services, IP Telephony Services, VPN Voice/ data services. This adds further value to the strong product portfolio that Net4 carries already. The PoP will be having interconnection to other local and International carriers who have presence in Singapore. This Interconnection will help Net4 provide an enhanced service quality to all its client base. Net4 will leverage the multiple cable systems like Network i2i, SeMeWe4, Asia America Gateway, APCN2, EAC and C2C that aggregates at Singapore which is the defacto Asia-International hub for many carriers. With the grant of SBO license, Net4 becomes the first Indian company to acquire this license.

Speaking on the launch, Jasjit Sawhney, Chairman & CEO, Net4 said: "By creating a subsidiary in Singapore and aquiring the license we are taking a step forward in executing one of the company's growth strategies of significantly increasing our wholesale VoIP business. Further, The expansion of our international network is critical for the company's growth plans across voice and data services and allows us to extend our service capabilities in key markets outside India. Keeping in mind the Indian community based in Singapore and the volume of call flow, we have invested and sketched out our business strategy for this fiscal year. With our own multi-carrier interconnected PoP all our international customers and partners shall experience better quality of VoIP calls".

 
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