Released on = December 14, 2006, 3:36 am

Press Release Author = PRHUB

Industry = Internet & Online

Press Release Summary = Over Rs. 100 crores in investments; 2 campuses in Bangalore
& Mysore; headcount growth from 400 to 2000

Press Release Body = Marlabs Inc., a fast growing provider of technology services
and solutions to select verticals is betting on India to fuel its growth globally
leading to exponential expansion of its India footprint. The company announced at a
press conference today that its investments in India will exceed Rs.100 crores and
will go primarily into the setting up of two new, state-of-the-art campuses in
Bangalore and Mysore besides a Global Training and Development Center in Mysore. The
India headcount will rise as well from the current 400 to over 2000 in the next
three years. The company has since acquired land and necessary approvals and
construction is scheduled to start soon. The investments in India will be funded
through internal accruals.

Marlabs India is expanding on other fronts as well. The company is setting up
separate practices for Oracle Applications and Business Intelligence. The company's
BOT-based ODC for Epsilon Interactive is growing as well. The Indian operations will
also shoulder increasing responsibility for MCOCentral, Marlabs's flagship product
for the healthcare vertical. The Professional Services arm of Marlabs Inc. will also
be growing on two counts - expansion of its domestic customer base and in its share
of the global revenues of Marlabs Inc.

Elaborating on the rationale behind the India expansion, Sunil Nambiar, Head Global
Delivery, Marlabs India, said, " There is a key difference in the way Marlabs has
evolved in that its early focus was only on being closer to the customer in the US
and delivering to them from US itself. This strategy has paid rich dividends in the
form of deepening relationships with growing number of large customers who are now
extending their mandate for Marlabs. We believe that the right mix of onsite and
offshoring is the one needed for us to execute these mandate well and make our
growth plans a reality. Also, as we are only doing product development, application
development and support in India, which implies significant domain knowledge and IP
would be built in India as well."




In his comments, Vignesh Hebbar, Associate Vice-president, Professional Services,
Marlabs India, said, "We expect the Professional services market in India to grow
rapidly and mature in the next few years and being a forerunner in this space, we
will look to ride that growth. It is this projected growth and the continuing need
to train our lateral hires that has led to the Global Training Center at Mysore. The
increased footprint in India, growth in India's role and contribution to global
operations, the increasing customer base for professional services and the global
training center in India mark an inflection point in Marlabs presence in India."

Marlabs has since acquired land in Mysore and Bangalore for its campuses. The
company is set to have its third facility in Bangalore for Global development over
and above the existing two to accommodate the headcount growth till the new campus
is ready. Besides these three facilities the company also has a separate facility
for Professional Services in Bangalore. All the four will be integrated into the new
Bangalore campus which will be ready by late 2008. In Mysore, the company has leased
a 14000 sft. premises which will be inaugurated later this week. This is only an
interim facility and will be integrated along with the global training and
development center into the new campus in Mysore. Both campuses together will have
the capacity to house 3000 professionals.

Marlabs India is a wholly owned subsidiary of Marlabs Inc. and has been operational
since 2003. The company currently has three facilities in Bangalore in India
employing over 400 professionals. Marlabs Inc., USA is a US$75 million fast-growing
provider of a full suite of solutions and services for the healthcare, insurance,
real estate, media and entertainment verticals. It partners leading technology firms
such as Microsoft, IBM, Oracle and Sybase to ensure cutting edge technology
solutions for its clients. The company has development centers in Philadelphia and
Austin, TX besides Bangalore. With a clientele that includes Fortune 500 and 1000
companies, most of who consider Marlabs their partner of choice, Marlabs' growth has
been consistent. Marlabs has been named Inc. 500 company, 5 years in a row, has been
named by Deloitte & Touche as among the fastest- growing technology companies in the
USA and ranks among New Jersey's Fast and Finest 50 companies. For further details
please visit www.marlabs.com.


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