Cambridge Solutions sets up Pune Delivery Centre

• Centre to focus on SAP application for manufacturing, logistics and emerging markets

Pune, Aug 23, 2007: Cambridge Solutions Limited, one of the leading Information Technology, knowledge-based ITO and BPO firms in the world, today announced the expansion of its Indian operations with the setting up of a new SAP facility in Pune. The facility which will augment the work being done by Cambridge Solutions in Bangalore and Chennai, will employ 100 skilled resources with plans to grow up significantly in the coming years.

“The Pune Centre will further strengthen our global delivery model and add greater value to our customers,” said Kumar Sivaraman, Chief Operating Officer, ITO Division, Cambridge Solutions Limited. “The Centre will meet requirements of the manufacturing & logistics and emerging markets.”

The initial focus of the Development Centre operating under the name of Nexplicit Infotech (a Cambridge Solutions company) will be on offshore ITO clients and would extend to BPO clients as the business evolves. The centre will offer implementation of packaged applications comprising of PLM, SAP and Lotus Notes. These services will include development, customization, maintenance and 24x7 support.

“We are excited about growing our operations in Pune,” said Hemant Agrawal, President & CEO, Nexplicit, USA. “Pune has an abundance of educational institutions and a depth of talent which we hope to tap into. We will invest in training and development to ensure our employees meet the most stringent customer service standards.”

As a leading player in establishing best practices in the industry, Cambridge is firmly committed to meeting the most stringent industry standards. The company’s Singapore facilities are certified at the highest level, CMMi 5 version 1.1 (Capability Maturity Model Integration) for software staged representation, the highest possible rating for benchmarking best practices for management and engineering by the Software Engineering Institute (SEI). Cambridge’s Chennai and Bangalore Centers are also certified at CMMi 5 and ISO 9001:2000. Additionally, the Chennai Center is certified at PCMM 3 (SEI’s People Capability Maturity Model).

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 4400 professionals serving customers on four continents through more than 80 locations worldwide. With offices in the U.S., 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. Cambridge Solutions was ranked as the 10th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2007 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune Magazine, improving its ranking from 28 last year. The company is listed on the major stock exchanges of India (BSE, NSE, MSE & ASE) under the ticker “CAMBRIDGE”. For more information, visit: www.cambridgeworldwide.com. In case of Investor Grievances, Please contact: Compliance Officer Ph : 080 3054 0000 Fax: 080 4115 7394 EMail : compliance@cambridge-asia.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

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

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