PERSISTENT SYSTEMS Share price

Our Company was incorporated as Persistent Systems Private Limited on May 30 1990. Our Company wassubsequently converted into a public limited company on September 17 2007 with the name Persistent SystemsLimited and a new certificate of incorporation was issued on September 28 2007 from the RoC.Changes in Registered OfficeThe registered office of our Company was changed from =Renuka? 39/54 Erandvana Lane 9B Prabhat RoadPune 411 004 to =Panini? 2 A Senapati Bapat Road Pune 411 016 with effect from May 4 2000 pursuant to aresolution of the Board dated May 5 2000 and subsequently our registered office was changed to its presentlocation being =Bhageerath? 402 Senapati Bapat Road Pune 411 016 with effect from October 19 2001pursuant to a resolution of the Board on October 19 2001. The changes in registered office were foradministrative reasons.Key events and milestonesFiscal Event2009-10 Received DIN EN ISO 9001:2008 certification for the software design development testing support enhancement services for the ChemLMS Product2009-10 Acquired certain assets of Paxonix Inc. a subsidiary of MeadWestvaco Corporation through the wholly owned subsidiary of our Company viz. Persistent Systems Inc.2008-09 Formed a public charitable institute Persistent Foundation to institutionalise our Corporate Social Responsibility initiative2008-09 Formed a wholly owned Subsidiary Persistent Systems and Solutions Limited in Pune India2008-09 Set up a branch office at Quebec Canada2007-08 Received an ISO27001:2005 Certification for Pune (except Hinjewadi) Nagpur and Goa2007-08 Set up branch offices at Ottawa and Vancouver Canada2007-08 Formed a wholly owned subsidiary Persistent Systems Pte. Ltd. in Singapore 2007-08 Opened a branch office at Rotterdam The Netherlands2007-08 Signed an asset purchase and sale agreement with Metrikus (India) Private Limited Hyderabad India and accordingly set up Hyderabad branch office2007-08 Converted into a public limited company by a special resolution passed at the EGM held on September 17 2007. The fresh certificate of incorporation consequent on conversion was issued to our Company on September 28 2007 by the RoC2006-07 Became a =Search Appliance Partner? for Google Inc.2005-06 Investment by Intel Mauritius2005-06 Joint investment by Norwest and Gabriel2005-06 Started operations at =Pingala-Aryabhata? new owned premises at Pune India2005-06 Acquired Goa based ControlNet (India) Private Limited2004-05 Set up a branch office at Tokyo Japan2004-05 Joined Microsoft RFID partners council2003-04 Development center at Nagpur India became operational2003-04 Set up a branch office at Edinburgh Scotland UK2001-02 Started operations at =Bhageerath? new state-of-the-art owned premises at Pune India2001-02 Appointed three Independent Directors on the Board2001-02 Set up Persistent Systems Inc. our wholly owned subsidiary in U.S.A.2000-01 Investment by Intel 64 LLC1999-00 Introduced employees stock options scheme1998-99 Started operations at =Panini? new owned premises at Pune India1990-91 Incorporated on May 30 1990Awards and accreditationsFiscal Award/Accreditation2009 Featured in the Delloitte Technology Fast 500 Asia Pacific 2009 Ranking2009 Won the NASSCOM Innovation Award for 2008 in the .Market Facing ¨C Business Process and Business Model¡® category2009 Won the Institute of Chartered Accountants of India (¨DICAI¡¬) Award for excellence in financial reporting2009 Ranked 9th on Fast Company¡®s Fast 50 Readers Favorites of 2008 in the companies using .business as a force of positive change and helping its customers¡®2009 Ranked as a Top Twelve IT Outsourcing Vendor of manufacturing and supply chain services to the life sciences market2008 Ranked 40th as per total income in Dun and Bradstreet's India's Top IT Companies 20082007 Received the IT Enterprise (Special Awards) for the Maharashtra Information Technology Award for the year 2007 from Government of Maharashtra for our Nagpur unit2007 Ranked amongst the top 500 companies in the .Deloitte Technology Fast 500 Asia Pacific 2007¡® report2007 Winner of the .Red Herring 100 Global¡® award 20072007 Won Market Growth Strategy Award for OPD Market for the FY 2007 for Mid-market2007 Ranked 84th in .Electronics For You ¨CTop 100 Companies¡® based on revenue2006 Ranked 37th among the top 50 fastest growing Indian technology companies by Deloitte Touch¨¦ Asia Pacific 20062005 Ranked as the 22nd fastest growing Indian technology company as per .Technology Fast 500 Asia Pacific Ranking and CEO Survey 2005 Report¡® by Deloitte2005 Our Company joins the Microsoft RFID partners council2004 Ranked as the 11th fastest growing Indian company in the .Technology Fast 500 Asia Pacific 2004 Winner Report¡® of Deloitte2003 Microsoft award on outstanding contribution to the Microsoft Development Network Community 20032002-03 Our product ¨DEnList Report Server¡¬ wins CSI-Infosys Award 2001 for best shrink-wrapped software product2000 Became one of the first companies in Asia to receive an investment from Intel 64 LLC1998 and 1999 Recognised as a Microsoft Solution Provider for demonstrated expertise and commitment to providing business solutions based on Microsoft products 1996-97 Received the First Prize from Government of Maharashtra Small Scale Division for Export performance during 1996-971992-93 Received the First Prize from Government of Maharashtra Small Scale Division for Export performance during 1992-93