Cambridge Solutions BPO Subsidiary Achieves ISO 27001:2005 Certification

Bangalore, India – December 2006 — Cambridge Solutions Limited (“Cambridge”), one of the leading knowledge-based IT and BPO firms in the world, announced its BPO subsidiary has achieved the ISO 27001:2005 certification, joining a select few Indian companies to be awarded the industry acclaimed standard in information security from the International Standards Organisation (ISO). ISO 27001:2005 is the only international information security standard against which organizations can seek independent certification of their Information Security Management Systems.

“This certification is further vindication of our commitment to the highest standards of compliance in the industry,” said Satyen Patel, executive vice chairman, Cambridge Solutions Ltd. “In today's environment where security is of major concern, the ISO 27001 Certification is a reinforcement of our commitment to providing our customers with the most secure environment within which we manage their outsourcing requirements. It also gives us a competitive edge while pursuing new business opportunities.” Being ISO 27001:2005 certified means Cambridge's BPO subsidiary has designed, implemented, managed, maintained and enforced information security processes and controls systematically and consistently throughout the organization.

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 (Capability Maturity Model Integration), 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. 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 over 4,000 professionals serving customers on 4 continents through over 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 performing BPO companies by Global Services media and neoIT 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. 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.

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 relating to these statements include, but are not limited to 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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