Released on = August 3, 2006, 5:08 am

Press Release Author = PRHUB

Industry = Software

Press Release Summary = BNA Technology Consulting Ltd., a leading provider of
technology solutions for enterprises, today unveiled its growth strategy which
includes a significant reshuffle of all its existing businesses and addition of
multiple new initiatives. The company projects that the rejigged business and the
new initiatives would place it on the road to record growth in the next five years
and beyond. The company which is set to clock Rs.38 crores in topline this year
expects the same to grow to Rs.430 crores by FY 2011. The company has planned
investments to the tune of Rs.50 crores to fuel the growth plans which will be
managed through a mix of internal accruals and external funding.

Press Release Body = BNA Technology Consulting Ltd., a leading provider of
technology solutions for enterprises, today unveiled its growth strategy which
includes a significant reshuffle of all its existing businesses and addition of
multiple new initiatives. The company projects that the rejigged business and the
new initiatives would place it on the road to record growth in the next five years
and beyond. The company which is set to clock Rs.38 crores in topline this year
expects the same to grow to Rs.430 crores by FY 2011. The company has planned
investments to the tune of Rs.50 crores to fuel the growth plans which will be
managed through a mix of internal accruals and external funding. Part of the
investments will go into setting up a campus style infrastructure in Bangalore by
2008 which would house the corporate office, Network Operating Center (NOC) and a
LivServ-based BPS contact center. The rejig will see all existing and new businesses
realigned into two business divisions - IT infrastructure & managed services which
will have system integration, industrial communication systems and infotainment and
web-based services that will have the LivServ-based BPS, bnaITmart.com, remote IT
infrastructure management services and serviceapartmentbooking.com

According to Ranganathan V, Managing Director, BNA Technology Consulting Ltd.,"It\'s
innovation which has allowed BNA to build a recall and standing beyond its size for
over a decade. We are now building on that strength and combining it with enhanced
focus and scaleable business models to fuel BNA's growth into the next orbit. For an
indication of our ability to achieve the ambitious growth projected and of the
sustenance of our new ventures, one needs to only look at the initial traction for
LivServ and serviceapartmentbooking.com besides the tremendous response we have
received in the Middle East for our infotainment offering." "With LivServ, we are
truly excited that we have latched onto something really big as the service picks up
where the search engines stop (of directing a qualified lead to a website) and is
likely to garner a significant pie of the growing market for e-commerce revenue
optimization," he added.

In his comments after formally unveiling bnaITmart.com, Prof. Sadagopan, Director,
IIIT-B, said "IT is growing faster in Tier III cities and towns than metros and big
cities and customers in these places now seek quality solutions. By combining the
universal access benefit of the internet with its longstanding track record in
delivering such solutions for large enterprises, BNA has hit onto the right mix and
I am sure the success of the model will change the IT landscape in these places
tremendously," adding," I have known BNA for nearly a decade and can truly vouch for
their track record in innovation having worked together on the Tirupathi "Q"
project."

Formally launching LivServ, a Senior official of UTI Mutual Funds, said," We have
been using LivServ for some time now and I can safely say that the service has
opened new possibilities and we are evaluating many areas where the service can add
value."

Founded in 1989, BNA Technology Consulting Ltd is headquartered in Bangalore and has
its branches spread across Chennai, Cochin and Pondicherry with associate overseas
offices in Abu Dhabi, Dubai and Singapore and employs around 200 professionals. The
company posted revenues of Rs.19 crores for FY 05-06. The company currently operates
in three areas namely - providing complete systems integrations services in the area
of networking to large customers; manufacturing and installation of industrial
communication systems for huge facilities and delivering complete infotainment
solutions to both government and non-government organizations in India. For further
details, please visit www.bnaindia.com


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