3i Infotech and ASNA Announce Partnership; To Provide Best-of-Breed Development Solutions and Sustainability for IBM iSeries Platform

Business Wire, May 12, 2006

EDISON, N.J. -- 3i Infotech, a global provider of IT solutions and services and one of India's largest and fastest growing software product companies and Amalgated Software of North America (ASNA), a leading provider of development solutions for modernizing and extending iSeries applications, have formed a partnership/strategic alliance. This alliance provides IBM mid-range customers with solutions required to propel them into higher levels of performance and agility while extending the value of their investment in the IBM iSeries and AS/400 enterprise applications and the resource used to support them.

This alliance combines 3i Infotech's ORION(TM) Framework suite of component applications and proven expertise in delivering mid-range solutions and consulting will be paired with ASNA's Monarch(R), Datagate(R) and Visual RPG(R) development solutions. The resulting integrated solution offers the ability to create a comprehensive roadmap to extensibility of IBM mid-range solutions through a service oriented architecture while leveraging and sustainability of current infrastructure and resources.

"3i Infotech and ASNA coming together, results in a comprehensive solution offering and roadmap for the IBM mid-range customer. The typical mid-range customer has sizeable investment in mid-range hardware and resources and while these systems are rock-solid performers, there are significant challenges in flexibility offered to allow the customer to unlock their information assets and adapt to new paradigms like service oriented architecture and mobile form factors to name just a couple," said Sharad Vajpayee, 3i Infotech's Vice President, Enterprise Solutions Group. "Our team can deliver positive business outcomes for these customers while leveraging existing investments," said Mr. Vajpayee.

"The iSeries and AS/400 market demands complete solutions for the modernization and extension of these assets. Through this partnership, we are able to offer customers a unique combination of industry-leading products from ASNA and the demonstrated implementation and delivery expertise of 3i Infotech," said ASNA President, Anne Ferguson.

About 3i Infotech

3i Infotech (www.3i-infotech.com) provides information technology solutions through its range of solutions for manufacturing, retail & distribution, banking & finance and e-governance. It is one of India's top 5 software product companies and the fastest growing Indian software product company in FY 2004-2005, with respect to software product sales in India and around the globe(a). The company is SEI CMM Level 5-compliant for its Software Services and the company is ISO 9001:2000 certified for its Infrastructure and Business Process Outsourcing Services.

Using its domain knowledge and through continuous investment in technologies, 3i Infotech helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, system integration services, IT infrastructure and disaster recovery solutions. 3i Infotech serves customers in 45 countries has a presence across 5 continents.

(a) Source: Dataquest Special Issue: Industry Overview (July 15, 2005)

Disclaimer: Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

About ASNA

ASNA (Amalgamated Software of North America, Inc.) has been developing visual programming and systems software for the midrange community since 1982. ASNA Web and Windows development products include ASNA Visual RPG for .NET, DataGate, and ASNA Monarch. ASNA is an IBM System iTools Innovation Partner, an Advanced Tier Member of IBM's PartnerWorld for Developers, a Microsoft Visual Studio Industry Partner, and a Microsoft Gold Certified Partner. ASNA is also a founding member of the Midrange Alliance Program, or MAP, an exclusive Delivery Partner for the Microsoft NXT program for ISVs, and active IBM System i Developer Roadmap member. Business applications developed with ASNA Visual RPG (AVR) and DataGate are used by more than 400,000 end-users and in hundreds of commercial Web sites. Based in San Antonio, Texas, ASNA also has offices in Europe (Guildford, UK) and 30 international distributors. For more information, please visit www.asna.com.