Press Room

Project Monitor, Mumbai, Nov.10-16, 2008

KLG Systel bags Rs 132 crore order from Punjab State Electricity Board under RGGVY scheme for design, engineering, erection and commissioning of 11 KV lines, 25 KVA substations and release of about 1.48 lakh new connections to Below Poverty Line (BPL) households.

January 2008

KLG Systel reports Q3 turnover of Rs. 9,213.35 lacs. Increase in net income by 124.79 %

New Delhi, January 14, 2008: KLG Systel, a leading software development and services company providing Organization Life Cycle Solutions, registered an increase in net income by 124.79% and touched a high of Rs. 9,213.35 lacs from the corresponding quarter last year (quarter ending December 31, 2006), which saw a net income of Rs. 4,098.63 lacs.

October 2007

KLG Systel Reports Q2 Turnover of Rs. 5714.71 lacs, Increase in Net Income by 143.86%

New Delhi, October 15, 2007: KLG Systel, a leading software development and services company providing Organization Life Cycle Solutions, registered an increase in net income by 143.86% and touched a high of Rs. 5,714.71 lacs from the corresponding quarter last year (quarter ending September 2006), which saw a net income of Rs. 2,343.43 lacs.

KLG Systel Ltd. Bags Order Worth Rs. 75 Crore to Implement its innovative Vidushi and SG61TM Technology Solutions

New Delhi, October 15, 2007: Continuing its growth trend, KLG Systel Ltd., India’s leading knowledge-based IT-centric Business Life Cycle Solutions company, today announced that it has been awarded a project worth over Rs. 75 crore from a leading power distribution utility.

September 2007

KLG Systel and SAP introduce revolutionary power solution – Vidushi™
New Delhi, September 20, 2007: KLG Systel Ltd., India’s leading knowledge-based IT-centric Business Life Cycle Solutions company, in collaboration with SAP has developed a path-breaking solution – Vidushi™ to suit the specific functional requirements of the Power Sector. The software is targeted at State Electricity Boards, Private Utilities and other organizations managing power distribution.

KLG Systel Ltd. Bags Orders Worth Rs. 32.5 Crore
New Delhi: September 18, 2007: KLG Systel Ltd., India’s leading knowledge-based IT-centric Business Life Cycle Solutions company, today announced that it has been awarded orders worth over Rs. 25 crore from the Government of Haryana and Rs 7.5 crore from Government of Rajasthan. These projects follow orders worth Rs 67 crore that KLG Systel received earlier in September. With these new orders, KLG Systel has been awarded projects worth a total of Rs. 100 crore in the month of September 2007.

connectgaia.com awarded CII National Award for Innovative Energy Saving Product/Services
New Delhi, September 13, 2007: connectgaia.com, a revolutionary solution developed by KLG Systel, a US $ 130 million company, was today declared the winner for Innovative Energy Saving Product/Services by Confederation of Indian Industry (CII). The award is a part of the National Award for Excellence in Energy Management 2007 which was held at CII- Sohrabji Godrej Business Center, Hyderabad.

connectgaia.com qualifies for IBM’s Service-Oriented Architecture Speciality
New Delhi, September 10, 2007: KLG Systel, a US $ 130 million company, today announced the acceptance of its power solution connectgaia.com into the IBM SOA Specialty program after successfully completing IBM’s rigorous SOA technical and business requirements. The qualification reinforces the usefulness of IBM SOA Architecture in helping connectgaia.com meeting the complex challenges of building a robust and collaborative platform to deliver greater efficiencies in demand response.

August 2007

KLG Systel Ltd. Bags Orders Over Rs. 67 Crore
Continuing its growth trend, India’s leading knowledge-based IT-centric Business Life Cycle Solutions company, KLG Systel Ltd., today announced that it has been awarded orders worth over Rs. 67 crore from the Governments of Rajasthan and Haryana. The projects covered in this order include that of Revenue Management for power utilities and boosting the power infrastructure in the states of Haryana and Rajasthan.

KLG Systel Ltd Acquires 51% Stake in Atlantis Lab
KLG Systel Ltd, the leading knowledge-based IT-centric Business Life Cycle Solutions company, today announced the acquisition of a 51% majority stake in Atlantis Lab Pvt Ltd, a dedicated engineering solutions company with over 130 employees. Atlantis Labs will now form a subsidiary of KLG Systel Ltd., catering to the strong domestic market, while also tapping Engineering Services Outsourcing opportunities from developed countries such as North America and Europe.

July 2007

KLG Systel Ltd. Reports Q1 Turnover of Rs. 4,313.31 Lacs
Increase in Net Income by 138.20%

KLG Systel, a leading software development and services company providing Organization Life Cycle Solutions, registered an increase in net income by 138.20% and touched a high of Rs. 4,313.31 lacs from the corresponding quarter last year (quarter ending June 2006), which saw a net income of Rs. 1,810.79 lacs.

KLG Systel Ltd. joins the league of Top IT Brands

Ranked 43 on the market cap index at Rs.430 crore, by IT magazine DATAQUEST (a cyber Media Publication), KLG Systel makes its presence felt among the premier league of TOP 200 Indian IT Brands.

May 2007

KLG Systel Ltd. unveils ww108109w.connectgaia.com – The Intelligent Electricity Platform to Manage Energy Crisis and Global Warming
The convergence of Internet & Power networks to unveil a viable solution for energy demand management and sustained development; Revolutionary technology that empowers consumers to manage electricity better and optimize usage

The Intelligent Solution to Global Warming Based on IBM SOA Architecture
KLG Systel Ltd. launches www.connectgaia.com, the convergence of the IT and power networks that will Save Energy and positively impact Climate Change

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