Cambridge Solutions Ltd. Appoints Peter J. Imbrogno as Chief Operating Officer of the US BPO Subsidiary

Bangalore, India, February 20, 2007 - Cambridge Solutions Ltd. (“Cambridge”), one of the largest knowledge-based IT and BPO firms in the world, today announced that Peter J. Imbrogno has been appointed Chief Operating Officer of Cambridge Integrated Services U.S., a leading claims and loss cost management company and subsidiary of Cambridge Solutions. The announcement was made by Wesley O'Brien, president of Cambridge Integrated Services Group.

“Peter Imbrogno has a long and impressive track record in the insurance industry and in developing third party administrator business models that bring improved efficiencies to customers,” said O’Brien. “He has the background and skills to drive our quality and outcomes initiatives to new heights.”

Imbrogno’s duties will include overseeing U.S. field claims services, managed care and bill review, India claims services, vendor management, business optimization and performance analysis, and the special investigative unit.

“I am excited by this opportunity to make a major contribution to Cambridge, which is known as the industry leader in loss cost claims management,” said Imbrogno.

Imbrogno’s background includes 34 years in the insurance industry and 21 years within the third party administrator (TPA) claims market. He was most recently Chief Operating Officer at Broadspire Services, Inc. where he was responsible for all operations, product delivery, account management, risk management, and managed care services. He has previously held senior level positions for Gallagher Bassett Services, Inc., Marsh USA and CS Stars, LLC. He holds a B.B.A. in Finance from the University of Notre Dame.

Imbrogno will be based in Cambridge’s Downers Grove, IL office.

About Cambridge Solutions Ltd.
Cambridge Solutions Ltd. (HQ: Bangalore, India; USHQ: Greenwich, CT.) is a strategic global outsourcing firm with deep expertise in:

• IT business consulting, application implementation, software engineering, maintenance and support services
• Business process outsourcing (BPO) for insurance, banking and financial services companies; process consulting; transaction processing, finance and accounting back office support; claims and risk management services; inbound
  and outbound contact centers to support all of these activities; and other processes that require knowledge-based decision making.
  

The company employs more than 4,380 professionals serving customers on 4 continents through more than 80 locations worldwide. With offices in the USA, Europe, India, Singapore, and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company’s BPO subsidiary was named one of the top three best performing BPO companies by Global Services media and neoIT in 2006 and 2007, ranked as one of the top three leaders in human capital management, and ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2006 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune Magazine. The company is listed on the major stock exchanges of India (BSE, NSI, MSE & ASE) under the ticker CAMBRIDGE”.

For more info on Cambridge, visit www.cambridgeworldwide.com

Safe Harbor
Certain statements in this release are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services, including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns in fixed price, fixed time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, etc. The company does not undertake to update any forward looking statement that may be made from time to time by or on behalf of the company.

Media Contacts:

Melissa Arulappan
Corporate Voice|Weber Shandwick
Phone: (91) 98450-22389
melissa@corvoshandwick.co.in

Pradeep Chaudhry, CFO
Cambridge Solutions Ltd.
Phone: (91) 98860-10174
pradeep.chaudhry@cambridge-asia.com

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