Will recruit 300 employees over the next 12 months
Mumbai, July 12th 2006 - Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), An emerging Indian Multinational and the world's largest transportation and logistics software product company today announced its plans to establish a technology centre in Pune. The technology centre is likely to start functioning from 1st August 2006 onwards.
The technology centre is going to function on the company's core products using leading J2EE methodologies. 4S is venturing into a multi site software development, the integration & delivery of which will be done from Hyderabad.
Keeping in line with their expansion plans, they are planning to hire 200-300 professionals by the end of this year. Recently, 4S has added more space in their training centre in Hyderabad.
Mr. Srikanth Palem, CEO & Managing Director, 4S said, "Availability of skilled quality resources is one of the major reasons to open a technology centre in a strategic location like Pune. The availability of a good number of educational institutes and a better environment are the other major factor that will serve our growing needs."
Dr. Kalyan Gangavarapu, COO, 4S said, "In line with our new product strategy and integration plan of acquired entities we need to expand our team and facility to strengthen our J2EE products. We are also looking at business options to open technology centres in other global locations."
About Four Soft Limited
4S is an enterprise solutions company, providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. It has its software development centre in HITEC city of Hyderabad, India with products developed on three-tier web architecture. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne & Nagle, Schenkers, Panasonic Logistics, UTi, Frans Maas Europe, S-Net Freight, W.T. Limited and Frank-Lin Distilleries. Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact:
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
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