Press Releases
Monday
December 12, 2011
Mumbai – Rolta India Limited is one of India's leading IT companies, specializing in Enterprise Geospatial, Defence & Security Solutions (EGDS), Enterprise & Engineering Solutions (E&ES), and Enterprise IT Solutions (EITS). The Company, normally as a principle, does not comment on such news articles. However, this particular news item questions the efficacy of operationally critical equipment deployed by the Indian Army and strikes at the very integrity of the Company and the Indian Defence Forces, compelling us to issue this statement.
Rolta has been privileged to serve the Indian Armed Forces for over 20 years and is proud of its track-record, including in the Kargil conflict and Op Parakaram. The Company is also deeply humbled by the hundreds of appreciation letters it has received, from its users in Indian Defence, lauding its efforts, especially in supporting the remotest of formations, in the most difficult of situations, over hazardous terrain and in actual operations.
The systems Rolta has provided have been thoroughly tested, accepted and validated in both peace-time and war-like conditions. Rolta has always met and exceeded its contracted deliverables, including delivery of various software updates & upgrades. As a part of these deliverables, Rolta as an OEM develops and provides an integrated system, built around Rolta Intellectual Property, which includes various specialized hardware, software and services for a militarized solution. This solution also incorporates commercial-off-the-shelf (COTS) software from third parties, like Microsoft, Bentley, Intergraph, Oracle, etc. The Company always takes extra care to ensure that all software is always delivered as per the licensing and end-user agreements, of each software provider.
Rolta has been able to deliver tremendous value to the Indian Defence Services over two decades. This has been made possible, due to an unmatched commitment by Rolta, in working shoulder-to-shoulder with Defence users and its huge investments of hundreds-of-crores in acquiring and developing world-class indigenous software that fully meets the stringent military requirements of Indian Armed Forces.
It is for the first time ever that a news article has carried such allegations against the Company. Rolta refutes these allegations, which are absolutely baseless and seem to have been made with mala-fide and motivated intentions, by vested/competitive interests, to defame the good name of Indian defence ministry/forces and Rolta.
About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Utilities, Governments, Transportation, Process, Power, Banking and Insurance. These enterprise level solutions are built around Rolta’s intellectual property and domain expertise to offer unique business intelligence for impactful insights for effective decision making. Rolta’s solutions framework includes Geospatial Fusion™, a suite to integrate disparate spatial and business data; Rolta OneView™, a BI solution for operational excellence; and Rolta iPerspective™, a unique platform for SOA and “Cloud” enablement. Rolta’s intellectual property repository contains cutting-edge software for mapping and earth sciences, providing the foundation for Defense and Homeland Security solutions including C4ISTAR information systems, Military Communications, Digital Soldier, and Vehicle Systems. Rolta is a multinational organization headquartered in India, which has executed projects in over 40 countries. Rolta has a countrywide infrastructure and international subsidiaries across the globe. Forbes Global ranked Rolta amongst the "Best 200 under a Billion" four times in six years. The Company is listed on the Bombay Stock Exchange and National Stock Exchange in cash and F&O segment, and forms part of various indices on BSE/NSE. The Company's GDRs are listed on the Main Board of London Stock Exchange and its FCCBs are listed on the Singapore Stock Exchange.
For additional information visit http://www.rolta.com, or contact:
Atul Tayal
Jt. Managing Director & COO – Domestic Operations
E-mail: adtayal@rolta.com
Telephone: 91 (22) 2926 6666
Hiranya Ashar
Director Finance & CFO
E-mail: hiranya.ashar@rolta.com
Telephone: 91-22-2926 6666
