Press Releases
Monday
April 6, 2009
Rolta inaugurates its new Development and Delivery Centre in SEEPZ-SEZ in Mumbai
Mumbai, April 6, 2009 - Rolta today inaugurates its new state-of-the-art development and delivery centre in the newly constructed multistoried building at SEEPZ-SEZ, Andheri East, Mumbai. This facility has the capacity to seat 1500 persons in each shift, and is fully equipped with cutting edge computing systems and software platforms, dedicated high-speed data communications network, and backup power sources to provide reliable and cost-effective offshore services to the Company's global customers. The integrated facilities also have large training rooms, customer care centres, and auditoriums
This new facility is also in close proximity to Rolta Technology Park in MIDC, Andheri East, Mumbai, which houses the company's global headquarters and its Geospatial/GIS, Engineering Design, and Enterprise Information and Communications Technology development and delivery centres.
Rolta is a leading developer and provider of sophisticated, field proven solutions and services in the domestic and international markets for core segments such as Infrastructure, Utilities, Power & Process, Airports, Urban Development, Town Planning, Environmental Protection, Government, Homeland Security and Defence. The Company has successfully executed multi-million dollar projects in over 40 countries worldwide. This new facility is part of Rolta's expansion plans to grow many-fold in the coming years and will bolster the Company's capability to fulfill the demand for specialized Geospatial and GIS solutions and services worldwide. This expansion into the SEEPZ-SEZ will also enable Rolta to take advantage of the taxation structures applicable in an SEZ.
Commenting on the occasion, Mr. K. K. Singh, Chairman and Managing Director of Rolta India Ltd. said, "We have been consciously building upon our existing strengths and transforming each of our businesses to move up the value chain and provide a better value proposition to our customers and other stakeholders. By continuing to expand our competencies and capabilities, we are now better poised to build and support innovative technology solutions and services, helping our customers meet their business needs more cost effectively".
About Rolta:
Rolta is an Indian multinational organization that has executed projects in over 40 countries. The Company is a strong player in the Defense, Government, Infrastructure and Security markets, worldwide. Rolta serves these markets by providing innovative solutions in Geospatial Information Systems; Defense & Homeland Security; Engineering & Design Services; and Enterprise Information & Communications Technology. Rolta, through its joint venture with The Shaw Group, Inc., USA, provides comprehensive Engineering, Procurement and Construction Management (EPCm) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales, France - Rolta Thales Ltd., develops and provides state-of-the-art C4ISTAR information systems, Military Communications, Digital Soldier & Vehicle System solutions, covering the entire "sensor to shooter" chain, under transfer of technology from Thales. With the acquisition of Piocon Technologies Inc, Rolta now offers award-winning field-proven Business Intelligence solutions that address critical equipment reliability and operational intelligence of Owner-Operators. With the acquisition of WhittmanHart Consulting USA, Rolta now offers technology consulting and solutions for Business Intelligence focused on the Oracle's Hyperion software technology. With the acquisition of Broech Corporation USA (TUSC), Rolta now offers IT Consulting for ERP applications, Database and Business Intelligence solutions, based on Oracle technologies. With the acquisition of Orion Technology Inc, Canada, Rolta now offers secured web-based, platform-neutral no-programming Geospatial solutions for efficiently integrating enterprise-wide GIS resources. By innovatively blending the capabilities of OnPoint™, Periscope™ and other business intelligence tools from its existing IPR, the Company has launched Geospatial Fusion™, a very unique solution that enables instantaneous fusion of various disparate geospatial & non-spatial databases and software applications for generating real-time reports and immediate decision-making, thereby resulting in increasing an organization's ability and speed exponentially, to access, analyze, plan, allocate and monitor resources at all levels. Rolta, headquartered in Mumbai, employs about 5,000 professionals with a countrywide infrastructure and international subsidiaries across the globe. The Company has benchmarked its quality processes with the world's best quality standards. Rolta is accredited with the prestigious BSI ISO/IEC 27001:2005 certification, the ultimate benchmark for information security; the BSI ISO/IEC 20000-1:2005 IT Service Management Standard, and the Company's software development business group has been assessed at the highest level of SEI-CMMI Level 5. Forbes Global has ranked Rolta amongst the "Best 200 Under a Billion" for four times in six years. Rolta has been included in the S&P Global Challengers List™ 2008, by Standard & Poor's. This List identifies 300 mid-size companies worldwide that have a total market capitalization between US$1 to $5 Billion and have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. Rolta is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.
For additional information
Rolta India Limited
Mr. Hiranya Ashar,
Director Finance & CFO
Telephone: +91 (22) 2926 6666
Mr. A. P. Singh,
Joint Managing Director
Telephone: +91 (22) 2926 6666
Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
