Geodesic shows robust growth in the Second Quarter,

Total Income up 128% and net up by 127%

Mumbai, India- October 21, 2008: Geodesic Limited (BSE: 503699,

NSE: GEODESIC ) a leading provider of mobile and desktop solutions
for instant messaging, Internet Radio and mobile VoIP, today
announced its consolidated results according to Indian GAAP for the
Second Quarter FY09 ended September 30, 2008.

Key financial highlights

• Geodesic reported revenues of Rs. 1612 million (US$ 34.35 million)

for the quarter ended September 30, 2008, an increase of 127% as
compared to the quarter ended Sept 30, 2007.

• Geodesic’s operating income for the second quarter ended Sept 30,
2008 was Rs. 154.23 million(US$ 32.86 million), an increase of 125%
as compared to the quarter ended Sept 30, 2007.

• Geodesic’s net profit for the second quarter ended September 30,
2008 soared by 127% at Rs. 75.15 million (US$ 16.01million) as
compared to the quarter ended Sept 30, 2007.

• EPS for the second quarter ended Sept 30, 2008 stands at Rs. 8.12
(US0.17$ ) as compared to Rs 4.75 (US0.15$ ) EPS of the
corresponding quarter of the previous year.

Key business highlights

• The name of the Company has changed from “Geodesic

Information Systems Limited” to “Geodesic Limited” w.e.f.
September 19, 2008. The name of the company was changed in
order to integrate various activities done by the company and its
subsidiaries.

• The Company has closed licensing deal with Medion AG, leading
European consumer electronics manufacturer to provide award-
winning Mundu IM service on new mobile communications
device.

• The Company joined ‘Blackberry ISV Alliance Program’ to bring

its innovative mobile services to Blackberry users.

• Geodesic has signed six new Enterprise customers across USA,

Europe and Asia during the quarter ended September 30, 2008.
Geodesic Limited, B-3, Lunic Industries, Cross Road No 6, M.I.D.C. , Andheri- East,
Mumbai- 400 093. www.geodesic.com
 These include Handset manufacturers, Telecom Providers, BFSI
and Value Added Service Providers.

• Geodesic has added around 397,000 new retail users during the
second quarter.

• Geodesic has added around 50 software engineers to Mumbai

and Bangalore office during the quarter under review. The total

• During the quarter, Chandamama India Limited one of the

subsidiaries of the company conducted a “Children's Day Out” a
mega event in Chennai, Coimbatore and Hyderabad. This event
saw over 4000 children in each city participating in activities
such as Painting, Clay Modeling, Story Telling, English Debate and
single-wicket cricket. The participation was overwhelming and
Chandamama India Ltd further plans to roll this event out across
India.

• Geodesic signed deals with World’s leading digital and offline

media agencies to handle the global marketing activities for the
launch of their new product.

“We’re delighted to report 128 percent revenue growth and strong

quarter revenue growth across all of our major geographies, thanks to
the underlying of our core Enterprise platform of content, customer
alignment, communication and collaboration based on our real time
messaging platform.”, Said Mr Kiran Kulkarni, Managing Director,
Geodesic Limited. The inherent need to stay connected in the ever
growing social networking generation resulted in Mobile handset
manufacturers from Asia and Europe to bundle Geodesic’s Mundu
products as part of their shipment and service. Geodesic’s association
with large handset manufacturers and Cellular services companies has
brought in new revenue streams besides enhancing its retail brand.”

The Mundu communication and entertainment platform including the

new VoIP solution for the smart-mobile phone users has been widely
accepted by users and has been rated by prominent Editors and users
as one of the ‘must have products’ on smart phones.

About Geodesic Limited:

Geodesic Limited. is an innovator in software products focused on
Information, Communication and Entertainment (ICE) for mobile
phones and desktop computers. Headquartered in Mumbai, India,
Geodesic’s Mundu suite of products includes solutions for Instant
Messaging, Mobile Voice-over-IP and Internet Radio. Since its inception
Geodesic Limited, B-3, Lunic Industries, Cross Road No 6, M.I.D.C. , Andheri- East,
Mumbai- 400 093. www.geodesic.com
in 1999, the Mundu Interoperable Instant Messenger has been used by
several hundred thousand users on the mobile phone and over 5
million users on the desktop. The company is listed on the National
Stock Exchange and Bombay Stock Exchange in India. Geodesic has
offices in Mumbai and Bangalore in India, USA, UK, Sweden, Germany,
Hong Kong and Mauritius.

For more details on this release, please contact:

Navita Sharma
Corporate Communications Manager
Geodesic Limited
Navita.sharma@geodesic.com
Tel: 022 40786038/ 9819852039

Vikram Kharvi
Adfactors PR
+91-9870003379
vikram.kharvi@adfactorspr.com

Geodesic Limited, B-3, Lunic Industries, Cross Road No 6, M.I.D.C. , Andheri- East,
Mumbai- 400 093. www.geodesic.com