Zensar Company Snapshot

Business Overview

- Information technology and business process outsourcing company.

- IT Services company have 14 years of experience in IT Services
- Currently there are 100 clients
- customer segments - existing Fortune 500 and FTSE 100
Outsourcers; first time outsourcers (FTO) with specific consulting,
collaborative development and shared control needs and the third, a
niche market of the ERP clients with implementation / migration /
offshore support needs.
- 2007 revenues at Zensar Technologies Ltd. totaled 6.1B, while annual
earnings equaled 24.05 per share
- Company has manufacturing domain competency coupled with in-
depth functional and technical skills
- Headquartered in Pune, Services spread across 5 continents
- Owned by RPG group
- More expertise in domains like retail, financial services, manufacturing,
media and entertainment, telecom, utilities, pharma, textile, and
logistics industries.

To manage its growth efficiently and focus on profitability, your Company has
restructured itself in three main platforms, which would be effective from
April 2007

- Global Outsourcing Business: offering outsourcing services for

application development, maintenance, support, migration,
infrastructure management and testing. The business unit offering
business process outsourcing services also belongs to this umbrella
platform, providing services from transition to optimization of
processes – through both its voice and transaction processing services.

- Enterprise Application Services: servicing with package

implementation, migration, upgrade, support and maintenance
services. Newer growth areas of Business Intelligence and Data
warehousing are also offered by this platform

- Innovative Technology Solutions: providing application

modernization, product engineering services, and embedded systems
and system software services.

Partnerships

Major Customers
Cisco, National Grid, Fujitsu, Sprint, Marks and Spencer, Danaher
Corporation, Electronic Arts, Electronic Data Systems, and P&O Nedlloyd

Technology Partners
IBM, Microsoft, Sun Microsystems, Oracle and Tibco
Financials

Stock

Reasons for decreasing stock prices

a) Slow down in the world economy and depreciating dollar value
b) Resignation of many directors
c) Layoff of 2% of the unproductive workforce

- Year over year, Zensar Technologies Ltd. has been able to grow
revenues from 4.3B to 6.1B. Most impressively, the company has been
able to reduce the percentage of sales devoted to cost of goods sold
from 71.88% to 70.24%. This was a driver that led to a bottom line
growth from 339.3M to 571.9M.

- Cash reserves at Zensar Technologies Ltd. fell by 113.9M. Cash flow

from operations has increased but CFI is low. Cash from financing is
also positive because company has borrowed resources to spur their
growth.

- Company has decided to buy back shares from Fujitsu

Strategic Focus

- More focus on enterprise application business after acquisition of

Thoughtdigital a subsidiary of SOA ink. The company is acquired to
strengthen oracle enterprise application business.
- New deals are clinched in countries like South Africa and China.
Therefore they are looking from opportunities in other regions apart
from US
- More focus on non financial verticals like Media, Manufacturing and
Logistics specially in Oracle implementation
- Joint-venture with Japan based EZA Co Ltd. The initiative should see a
stronger footprint for the Company in the emerging Japanese market
 - Clinched deals in insurance domain to strengthen their financial
verticals
- Infrastructure Management, Business Intelligence & Data warehousing
and Testing as high growth area

News
Zensar wins 11 Mn USD of Oracle Business

- Surge in enterprise applications business (Oracle),

- Oracle contracts in key verticals of manufacturing, media, hi-tech and
business services. The newly acquired entity ZTD has already begun to show
substantial traction in R12 Implementations and in leveraging Zensar's
offshore capabilities.
- Oracle financials and procurement package implementations for a leading
provider of trade, transportation, and travel information, news and
Intelligence; a subsidiary of a multi-billion dollar global media Company
- The Company has also won an Oracle eBusiness Suite implementation for a
leading electronic manufacturing services Company.
- The Company is also implementing an 11.5.10 EBS suite for a venture backed
hi-tech airport security Company out of the East Coast.

Zensar Technologies acquires ThoughtDigital

Pune (India) February 23, 2007: Zensar Technologies, one of India's leading IT service providers
and a major player in the Oracle space announces the completion of its 100% acquisition of
ThoughtDigital, in an all cash deal.

ThoughtDigital owned by SOA Software, is a leading profitable East Coast (USA) systems
integrator, which specializes in Oracle Apps and is based out of New York. With a turnover of $
27 million as on year ended Dec 31st 2006, ThoughtDigital employs 120 Oracle consultants and
has a strong client base in verticals like Communications & Media, Financial Services,
Consumer Products & Services.

Zensar Offers tech to China

Universities

Zensar Technologies has offered to collaborate with the Hubei Province of China to extend its
global delivery platform to support academic institutions in the province.

After success of our global delivery platform in enabling technology collaboration in a number of
Universities in India, Essex and Sydney, we are extending the programme to 33 Universities of
Hubei in China, increasing our global footprint, " said Ganesh Natarajan, Deputy Chairman and
CEO of Zensar Technologies.

Thirteen Chinese delegates visited the company's headquarters at Kharadi, Pune to sign the
Memorandum of Understanding (MoU) for the same.

Zensar Launches its Insurance Vertical With 10 Million USD Business

Zensar Technologies, the leading global IT and business process outsourcing
services provider, today announced the win of a 7 Mn USD Insurance deal with a
large South African Insurance company. The customer requires multiple components
of Maintenance and Support, Testing, COMPASS skills, Application Migration and
Enterprise Architectural Consulting. The deal as of now with current components is
at 7 Mn USD and promises to grow significantly over the next 3 years, with a
number of opportunities already in the pipeline