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Four Soft To Expand Operations Through Acquisitions Overseas

Hyderabad, February 10, 2004 -- Four Soft Ltd (FSL), an enterprise applications product software development company, is looking out for inorganic growth to scale up its operations in the overseas markets, particularly in the US. Towards this, the company has earmarked part of its proposed IPO funds for the acquisition and part for expansion of its marketing offices, said P Srikant Reddy, managing director, Four Soft Ltd.

Addressing the press conference on the occasion of the company's forthcoming IPO, amounting to Rs 19.87 crore, Mr Reddy said that the company's growth hinges on two options - organic and inorganic ways.