SAGARSOFT (INDIA) Share price

Sagarsoft (India) Limited was incorporated on April 17 1996 under the Companies Act 1956 with registration No.01/23823 & received Certificate for commencement of business on 18th April 1996. The Registered office of the Company is situated at 304 Nilgiri Aditya Enclave Ameerpet Hyderabad - 500 038.The main activities of the Company are software development networking solutions computer training and marketing of software packages.Through a powerful mix of people processes and the appropriateapplication of technology SIL delivers business solutions to help organizations gain knowledge from the market create value for their customers reduce time and cost across business operations and drive global competitive advantage. SIL combines it''s broad array of business and technical expertise to create solutions that solve an enterprise''s complex requirements - linking to customers suppliers and partners around the world satisfying end-user demand entering new markets and gaining a leadership position.Since inception SIL has earned a reputation as a Total IT solutions company. SIL collaborates with customers to consistently and cost-effectively plan execute and deliver high-quality services and results. SIL''s consultants are seasoned professionals who build long-term trusted relationships. In addition SIL has partnerships which will enable it to remain to its objective while working with clients to determine the most appropriate hardware software andservices to meet their business requirements.Since inception SIL has moved from its initial focus on marketing of proprietary software & developing software solutions to the higher end of the value chain where the concentration is more on development of Custom Business Solutions and Product Development.SIL delivers the complete set of services required for enablingInformation Technology business solutions: Strategic Management and IT Consulting Enterprise Applications Enterprise and Network Integration Application Hosting and Custom Business Solutions. This breadth of services combined with industry expertise allows SIL to respond quickly to the requirements of its customers.SIL''s superior customer care and the breadth of services have resulted in significant repeat business with customers collaborating with them to make optimal use of technology today while planning for the future. SIL is recognized for its Business Process Analysis and Integration capabilities. It''s domain expertise lies in drawing horizontal synergy between the five strategic Business Units (SBU) to deliver IntegratedTurnkey Solutions (IBS). The Warecraft Webterrain and Erupt form part of Custom Business Solution (CBS) which specialize in transaction-focused and data integration projects. The Netlinxis a Network Technology SBU that provides Enterprise Connectivity and Edutec is the professional Training division which draws from the expertise of all the other SBUs in delivering technology empowerment. World Wide Web Institute is an Internet Technology Training division of Edutec with a clear focus on emerging Internet technologies.ALLIANCES/PARTNERSHIPSSl. Name of the Company Year of Alliance Nature of AllianceNo.1 PMS SA Geneva Since 1997 Master Franchisee2 Oracle Since 1998 Solution Provider3 MRO - Tek Since 1997 Solution Provider4 Infopro Systems Inc. Since 1998 Development PartnerPMS SA GenevaSagarsoft entered into a strategic alliance with PMS SA Geneva Switzerland to deliver high-end Internet Technology and Web fulfillment services. The tie-up envisages the appointment of sagarsoft as exclusive Master Franchisee for the Indian sub Continental SAARC region for its world wide web Institute Operations which provide high end Internet Technology training.OracleSagarsoft gives solutions on Oracle platforms to its clients andCustomers.MRO TekSagarsoft helps MRO Tek in giving high end networking solutions to its clients. Sagarsoft is also the lone distributor for RAD products in Andhra Pradesh through MRO-Tek. Sagarsoft also partners with MRO-Tek in giving turnkey solutions to its clients in the areas of remote connectivity ISP and leased line connectivity.Infopro Systems Inc. USASagarsoft provides Infopro Systems Inc with highly qualified software programmers for On-site development of software in United States of America. The efforts will focus exclusively on programmers to be relocated to the USA with temporary work permits.ISO 9001 Certification by Dot Norkse Veritas Netherlands for Software services.* Clients for Custom Business Solution include Nagarjuna Group SBI AP Dairy Indo-Swiss Projects AP Sagar Cements Ltd. Yashoda Hospitals Infoscience Malaysia and PMS SA Geneva.* The Company is operating in the niche area of Internet Technology Training in India.* A network spanning 14 major cities in India with a total of 18 centers.* Strategic alliances with Industry majors like MRO-Tek and Oracle.* Netlinx the networks division has executed some very prestigious projects for clients like Andhra Pradesh Technology Services Ltd. BAAN Eenadu Group and is actively participating in APSWAN project.The Company has received an order of Rs.33 lakhs from Colorchips India Limited. Mr. R.S. Sudish a Director of the Company is also a Director of Colorchips India Limited. The value of the order is less than 10% of the total sales of the Company.The Company has received an order worth Rs. 15 Lakhs from Netlinks Limited. Mr. S. Sreekanth Reddy Chairman and Managing Director of the Company was also a Director in Netlinks Limited. He has resigned from Netlinks as Director on 16th November 1999. The value of the order is less than 10% of the total sales of the Company.