Infotech attains SEI CMM LEVEL 4

Hyderabad, India - August 28, 2001
Infotech Enterprises Limited, the leading Software and Services Company from Hyderabad, continues its thrust on Quality by achieving another important milestone. The company today announced its achievement of SEI CMM Level 4 certification for its software development center in Infocity, Hyderabad.

At Infotech Enterprises, the journey of excellence began with an ISO 9002 for its conversions services division in August 1995 followed by an ISO 9001 for its software development services in September 1999. Quality being the driving force at Infotech, the company achieved ISO 9001: 2000 in July 2001 from BVQi London. With this, Infotech joined the top few companies in India to be certified with ISO 9001: 2000 standards and certainly the first company in the GIS services sector.

In the last few years, Infotech has also transformed itself from being a pure GIS conversion services company to an end-to-end solution provider in the areas of GIS, Engineering and E-solutions. Infotech had demonstrated its capability to move up the value chain significantly in the past few years. Infotech is providing its software development capabilities on mission critical applications to FORTUNE 100 companies like United Technologies Corporation USA, Ford USA, Vodafone Germany and several others.

Mr.Rajeev Lal, Chief Operating Officer E-Solutions said "Assessment on SEI-CMM Level 4 gives us the confidence to take on greater challenges and be a leading player in the global software development services market. The productivity and quality improvements that we continually gain through this implementation will enable us to provide even greater value to our customers."

Commenting on the achievement, Chairman and Managing Director BVR Mohan Reddy said, "We will continue to work towards better and better Quality Systems in years to come. SEI CMM Level 4 is another positive step towards improving the quality systems in our organization. Quality, on-time delivery and our affordable cost matrix provides a excellent value for money to customers who utilize our services. By further improving our quality and productivity, we will continue to move customer satisfaction to new levels".

About SEI CMM
The Capability Maturity Model for Software (CMM), of Software Engineering Institute, Carnegie Melon University, Pittsburgh, PA, USA, is a framework that describes the key elements of an effective software process. The CMM describes an evolutionary improvement path from an ad hoc, immature process to a mature, disciplined process. It covers practices for planning, engineering and managing software development and maintenance which improves the ability of the organizations to meet goals for cost, schedule, functionality, and product quality.

Infotech Enterprises Limited is among the top five software and services export companies located in Hyderabad. Infotech offers end-to-end solutions in the areas of GIS, Engineering and E-Business. Its range of services include digitization of drawings/maps, photogrammetry, application software development, software product development, consulting and implementation.Infotech has a 1,70,000 sft. state-of-the-art software center in Infocity, Hyderabad. Its digitization center is the largest in India and is among the top three in the Asia Pacific Region. Infotech is an ISO accredited company covering all its lines of business. It has a track record for delivering high quality services to clients around the world. Infotech's global customers include several fortune 100 companies in U.S.A., Europe, Japan and Australia. Infotech has its subsidiaries in USA, UK and Germany. With over 1800 IT Professionals, Infotech has been a profit making company, since inception in 1992 and is growing consistently there on. Infotech is a public limited company with its stock being traded actively in all major stock exchanges in India.

Please note: Some statements contained within this report may be of a forward-looking nature and may involve risks and uncertainties. Actual future results and outcomes may differ materially from those discussed. Factors that may cause such differences include, but are not limited to, management of growth, market acceptance of the Company's products and services, risks associated with new product versions, dependence on third party relationships and the activities of competitors.