KALAHARI TO PARTNER WITH BLUE STAR INFOTECH TO DELIVER BEST-OF-BREED SOLUTIONS

BlueStar’s development and technical competence to further accelerate the pace of innovation of market-leading, real-time analytical solutions

London. 9th June, 2003 – Kalahari, a global provider of real-time analytic solutions and strategic consulting services for global financial and energy institutions in more than 15 countries, today announced that it has signed a strategic alliance agreement with Blue Star Infotech, a global provider of software solutions and consultancy. Kalahari will integrate BlueStar’s ISO 9001 and CMMI Level 5 development capabilities into its own development centres based in the UK. Driven by increased customer demand, Blue Star Infotech will provide cutting edge development methodologies to help accelerate the pace of innovation of Kalahari’s market-leading real-time analytical solutions, and assist the in-house development staff with ongoing maintenance and support.

Kalahari’s Senior Director for Products & Technology, Gautam Dixit, will directly manage the strategic alliance. Gautam is one of the visionaries behind Kalahari’s product and technology developments, and was responsible for the conceptualisation and development of Kalahari’s prominent k.A.C.E. solutions, which have subsequently been deployed at some of the world’s leading banks, financial and energy institutions.

BlueStar Infotech operates ISO 9001 and CMMI Level 5 certified software development centres in Mumbai and Bangalore, and service their global list of clients through offices in Milpitas (CA), Princeton, Dallas, London, Helsinki and Kuala Lumpur. With a team of over 550 skilled professionals in consulting, training and software engineering, BlueStar Infotech has successfully executed more than 300 major IT projects on a wide range of hardware and software platforms. The company has customers in numerous industry groups including Manufacturing, Banking & Finance, Hi-technology, Power & Refineries, Pharmaceuticals, Civil Engineering, Government, Process Control & Automation. Their clients include some of the best-known blue chip companies, including: Hewlett-Packard, 3M, Hitachi Medical Corporation, Warner Bros., and Zaxus (formerly Racal).

"We recognise that global organisations today require real-time analytic tools that can reach across an entire enterprise and immediately synthesize data from a variety of disparate systems and turn it into meaningful information for decision makers. By engaging Blue Star Infotech as a strategic technology partner Kalahari can further enhance our development capabilities which will in turn allow our team to focus on providing value-added solutions for our global community of customers" said David Harrelson, Managing Director, Kalahari.

"We have been evaluating for some time the optimum way of extending our in-house development resources to allow us to respond more swiftly to new opportunities. Following detailed assessments of a number of companies, we felt BlueStar demonstrated excellent design skills in a number of highly technical areas and with an attention to detail that was not matched by other firms. With Gautam’s strategic vision and direction, combined with the additional resources of BlueStar, Kalahari’s customers can benefit from one of the finest development teams in our space." Harrelson Continued.

"We are proud to have been selected by Kalahari as a strategic technology alliance partner. This is an alliance of great importance to us since it takes us directly in to the realm of high usage, real-time solutions for world-class financial and energy institutions." Commented Mr. R.P. Singh, Chief Operating Officer for Blue Star Infotech.

Kalahari continue’s to establish technology, integration and consulting relationships with a number of world-class organisations that offer unparalleled expertise within their respective industries. These partnerships have enabled Kalahari to successfully accelerate the pace of innovation, implementation, and service delivery of the leading analytical business solutions to organisations around the world.

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