Scandent Solutions Expands Operations in India

Scandent Solutions Expands Operations in India
Launches Product Lifecycle Management (PLM) Innovation Centre, Helping Customers Transform Their Process of Innovation

Bangalore, India – May 2, 2006: Scandent Solutions Ltd., one of the largest knowledge-based IT and BPO firms in the world, today announced the launch of its Product Lifecycle Management (PLM) Innovation Centre in Bangalore, India. The Centre will offer a wide range of PLM solutions and services to the automotive, hi-tech and consumer packaged goods sectors.

The state-of-the-art facility will serve as a knowledge repository of learning gleaned from Scandent’s numerous worldwide customer engagements and new innovative frameworks developed through these engagements. The best practices in PLM will be replicated for the existing and prospective customers.

“The PLM Innovation Centre is an extended facility for our customers and is a commitment to our growing client base who want best practices and innovative tools,” said Ramachandran K, head of the PLM. “Our team of PLM experts will help customers gear up to address the dynamics of frequently changing business scenarios while remaining focused on their core business activity.”

Scandent’s creation of a PLM Innovation Centre (PIC) is a significant milestone in moving the company’s services higher up on the value chain. More than 150 PLM consultants from Scandent are currently engaged in supporting leading customers in the automotive and manufacturing industry. Seventy of these professionals will be based at the PIC.

The global market for PLM software and services is expected to grow by a compound annual growth rate of almost 10 percent through 2007 to more than US$12.4 billion, according to Daratech.

About Scandent Solutions Corporation Ltd
Scandent is a broad based IT services company that offers business consulting, application implementation, software engineering, maintenance and support services. It is promoted by Scandent Group, which has in its fold IT (Scandent Solutions) and BPO (Cambridge) companies that collectively employ over 3,500 professionals serving customers on 4 continents through over 70 locations worldwide. Scandent strives to deliver differentiated solutions with impeccable quality.

The IT services of the firm include strategy, application implementation, software engineering and support solutions. BPO services focus on process consulting; transaction processing including mortgage application and renewal; medical billing; finance, accounting, and banking back office support; insurance claims administration and processing; inbound and outbound contact centers to support all of these activities; and other transaction processes that require knowledge-based decision making.

With offices in the U.S.A., U.K., India, Singapore and Australia, Scandent serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company’s BPO subsidiary, Cambridge Integrated Services, was named one of the top three performing BPO companies by Global Services media and neoIT, a leading offshore outsourcing advisory firm, in 2006, and was recently 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.

On March 13, 2006, the Honorable High Court of Karnataka approved the merger between Scandent Solutions Corp. Ltd., and Cambridge Services Holdings, LLC. The resultant merged entity is being renamed as Cambridge Solutions Ltd.

Scandent Solutions Corp. Ltd.
Satyen Patel, Exec Vice Chairman
Phone: (44) 1344-297-901
satyen.patel@scandent.com