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Mumbai, July 21st 2006 - Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), an emerging Indian multinational and one of the worlds leading transportation and logistics software product companies, today announced its plans to establish a business venture in Japan. 4S has registered a 100% wholly owned subsidiary Four Soft Japan KKEin Japan.
This new office is expected to provide thrust in expanding 4Ss operations in Japan. 4S already has relationships with few large Japanese groups, having implemented sizeable projects for them, and is now in discussion with few other multi billion dollar companies to provide integrated logistics solutions. We see immense market potential for our product and services in Japan, the second largest IT market in the World today. We believe that our blend of domain knowledge, contemporary technologies and experience in implementing for global customers will be best suited for providing logistics solutions to the Japanese customersEsaid Mr. Srikanth Palem, CEO & Managing Director.
The opening of the new regional office is part of Four Soft’s ongoing expansion strategy and will reinforce the partnerships with its Japanese clients like Panasonic, Yusen etc. Dr. Kalyan Gangavarapu, COO, 4S said, “This new office will strengthen our networking as well as customer base in Asiatic region. It will focus primarily on programme management, sales and building strong relationships.”
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
Sreedhar K. V. - +91 9848035385
sreedhar@adfactorspr.com
Adfactors PR
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