Released on = July 19, 2007, 5:07 am

Press Release Author = MeritTrac Services

Industry = Education

Press Release Summary = MeritTrac Services, India's largest skills assessment
company, today announced its foray into Philippines through a strategic partnership
with Tholons Inc., the leading Outsourcing Advisory, Investment and Management
Company based out Virginia, US. With this foray, MeritTrac would get a firm foothold
into one of the largest offshore destinations for business process outsourcing (BPO)
in Asia, outside of India.

Press Release Body = Bangalore, July 19, 2007: MeritTrac Services, India's largest
skills assessment company, today announced its foray into Philippines through a
strategic partnership with Tholons Inc., the leading Outsourcing Advisory,
Investment and Management Company based out Virginia, US. With this foray, MeritTrac
would get a firm foothold into one of the largest offshore destinations for business
process outsourcing (BPO) in Asia, outside of India.

Tholons is engaged in a project to map attractive offshore locations in the
Philippines and MeritTrac will partner with Tholons in mapping the talent pool for
employability. Further, as a business partner of MeritTrac, Tholons will offer the
entire suite of MeritTrac's test offerings in the Philippines - primarily for the
IT, BPO and the Education market. Tholons which already has a large presence in
Manila will engage with clients in Philippines and be responsible for the delivery
of the assessments as well. MeritTrac will provide test development, customization
support and online hosting out of its Research & Development Center in Bangalore,
India

Commenting on the strategic partnership and foray into Philippines, Madan Padaki,
Co-Founder and Director, MeritTrac Services, said, "The partnership with Tholons
provides us a great opportunity to expand our footprint globally. The Philippines is
an excellent destination for off-shore services and provides an immense opportunity
for MeritTrac. Mapping the employable talent pool in Philippines would indeed be a
pioneering work in that part of the world and this will pave way for the
stakeholders to aggressively promote the country as a preferred outsourcing
destination."

According to Avinash Vashistha, Chairman & CEO, Tholons Inc., "In a skills supply
constrained market, growth will depend on the ability to identify, assess and retool
people for employability. We have significant presence and human capital insights
into global outsourcing locations including the Philippines, which we would like to
further enrich with the scientific approach and expertise of MeritTrac. We are
pleased to partner with Merit Trac and implement their new age solutions to address
the talent challenges faced by the phenomenally fast growing outsourcing industry of
Philippines. Further, the talent pool mapping, assessment and reports which we would
hope to compile soon could help both the industry and academia to address the talent
challenges in a scientific way and achieve the goal of successful services
globalization."

About Tholons:
Tholons is the leading Advisory, Investment and Management Firm for IT, Business and
Knowledge Services Globalization. Tholons offers a full range of services in the
areas of:
. Services Globalization
. Private Equity Investments and Services and
. Operations Management
Tholons was started by the founder of neoIT (an offshore advisory firm) and select
international outsourcing and investment experts. With the vast experience of
consulting for Global 2000 and mid-market firms on more than 200 global engagements
and impacting $5 billion of investments in globalization, the team delivers a set of
´next generation´ advisory and private equity services, tailored to the needs and
opportunities of the evolving Services Globalization market. Tholons was recently
ranked among the top 10 Boutique Advisory Firms by the Black Book of Outsourcing for
2007 and is the only firm focused on Services Globalization Advisory and Investment.

About MeritTrac: About MeritTrac:
MeritTrac is India\'s Largest Skills Assessment Company having assessed over 2
million candidates for over 150 customers. A neutral organization that provides
quantitative inputs on the talent pool and helps in measuring competencies for
specific roles, MeritTrac designs and delivers assessment to evaluate abilities,
skills and knowledge for both corporate & individuals. Neither a
HR/Placement/Recruitment firm nor a Training agency, MeritTrac currently tests
around 80,000 candidates monthly across IT, BPO, BFSI, Retail, and Engineering &
Education verticals. Its clientele include marquee names like ABB, Accenture,
Aricent, Cholamandalam DBS, Cognizant, Google, HAL, Honeywell, HP, HSBC GLT, IBM,
ICICI Bank, ICICI Prudential, ITC, Microsoft, MindTree, NSE, SAP Labs, Satyam,
TESCO, Wipro and Wockhardt.
MeritTrac also partners state government under its TracSkills program and is
currently the assessments partner to the Governments of Karnataka, Kerala, Orissa
and West Bengal. MeritTrac also partners several academic institutions like
Bharathiar University for assessing their students on industry-readiness
Headquartered in Bangalore.MeritTrac has 450+ fulltime employees and over 1000
certified test administrators operating out of offices in all the metros of India.
MeritTrac also operates 21 state-of-the-art online testing centers - "MeritTrac
Assessment Zones" across 16 cities, having 1300+ online terminals.
MeritTrac operates through offices in Bangalore, Hyderabad, New Delhi, Mumbai,
Pune, Chennai, Kolkata and Coimbatore. MeritTrac assessments have also been
delivered in countries like Brazil, China, Costa Rica, Mauritius & Philippines.
MeritTrac is represented by business partners in the USA & the Philippines.
MeritTrac is an investee company of Manipal Education Group (MEG). Further details
on the company can be had from www.merittrac.com


Web Site = www.merittrac.com

Contact Details = Saritha Shetty
PRHUB
080-22483007/8