HCL Awarded Contract by MSC Software Corporation to Participate in Global Rollout of Oracle 11i Applications; 25 Locations Across the Americas, EMEA, Asia Pacific

Business Wire, March 23, 2006

SUNNYVALE, Calif. -- HCL America ("HCL"), part of HCL Technologies Ltd. a leading global IT solutions provider in information technology, today announced a multi-million dollar agreement with MSC Software Corporation, a global provider of simulation solutions, to participate in the "One-Oracle" global rollout Oracle 11i applications project. The implementation will include the complete suite of Oracle applications, including financials, CRM, distribution, project and human resources modules.

As an Oracle partner, HCL provides customers like MSC Software Corporation with a competitive edge in leveraging new features available from Oracle and the Oracle development roadmap. HCL provides end-to-end solutions for an increasingly global customer base, leveraging its local and offsite capabilities to deliver world-class ERP implementation and testing.

For MSC, HCL will participate in the following Oracle activities:

--Oracle 11i Upgrade to 11.5.10, Migrate 11.0.3 to Global 11.5.10

--Site level new modules implementation by region

--Design and Develop new RICE components

--Port existing RICE components with minor modifications

--Implement best practices

--Address Financial reporting requirements

"We're looking forward to putting our Oracle expertise to work for MSC," stated Ravi Reddy, VP of Enterprise Solutions Division, HCL America. "Participation in this rollout further demonstrates our leadership position as a premier Oracle end-to-end global implementation consulting service provider."

John Di Lullo, VP of IT at MSC Software Corporation, stated, "HCL's extensive experience working with global corporations and their commitment to this project were key factors in our decision to partner with them. HCL's deep knowledge of our existing business systems and offshore delivery capabilities were also very important."

About MSC.Software Corporation

MSC.Software (OTC: MNSC) is a leading global provider of enterprise simulation solutions, including simulation software and services, that helps companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1400 people in 23 countries. For additional information about MSC.Software's products and services, please visit www.mscsoftware.com.

About HCL Technologies

HCL Technologies is one of India's leading global IT Services companies, providing software-led IT solutions, BPO and remote infrastructure management services. Having made a foray into the services domain in 1997-98, HCL Technologies focuses on technology and R&D outsourcing, working with clients in areas at the core of their business. The company leverages an extensive offshore infrastructure and its global network of 26 offices in 15 countries to deliver solutions across select verticals including Banking, Insurance, Retail & Consumer, Aerospace, Automotive, Semiconductors, Telecom and Life Sciences. For the twelve-month period ended 31 December 2005, HCL Technologies, along with its subsidiaries, had revenues of US $864 million (Rs 3,890 crore) and employed 28,182 professionals. For more information, please visit www.hcltech.com.

About HCL Enterprise

HCL Enterprise is a leading Global Technology and IT enterprise with annual revenues of US $2.9 billion The HCL Enterprise comprises two companies listed in India - HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India's original IT garage start-ups. Its range of offerings span Product Engineering, Technology and Application Services, BPO, Infrastructure Services, IT Hardware, Systems Integration, and distribution of technology and telecom products. The HCL team comprises 32,000 professionals of diverse nationalities, who operate from 15 countries including 300 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information please visit www.hcl.in.