Released on = April 25, 2007, 1:22 am

Press Release Author = Denis tyler

Industry = Small Business

Press Release Summary = India is one of the fast growing economies around the globe.
The turn around in the demographics and the psychographics of Indian consumers has
created ways for a variety of new age consumer goods & services to get into the
Indian markets. The rapidly increasing middle and upper income group, along with the
rate of mobile and digital camera proliferation and internet penetration in India,
formed the basis of the company launching this venture in India. With all around
improvements in relevant statistics, the company believes that this is the right
time to enter the Indian market and cater to the needs of the new age consumer.

Press Release Body = New Delhi, Sep 28, 2006: FoBaz Foto Bazaar (India) Pvt.
Ltd., first-of-its-kind company in India to provide a comprehensive set of photo
services that include online storage, sharing, photo print delivery, photo gift
creation, etc., today announced the launch of its operations in the country. The
company has set up an e-portal to deliver a host of services which will
revolutionize the way India looks at pictures. FoBaz Foto Bazaar (India) Pvt. Ltd.
is a wholly owned subsidiary of Fobaz Foto Bazaar, Cayman Islands.

India is one of the fast growing economies around the globe. The turn around in the
demographics and the psychographics of Indian consumers has created ways for a
variety of new age consumer goods & services to get into the Indian markets. The
rapidly increasing middle and upper income group, along with the rate of mobile and
digital camera proliferation and internet penetration in India, formed the basis of
the company launching this venture in India. With all around improvements in
relevant statistics, the company believes that this is the right time to enter the
Indian market and cater to the needs of the new age consumer.

Speaking on the occasion Mr. Virender Ahluwalia, CEO, FoBaz Foto Bazaar (India) Pvt.
Ltd. said, "Recently, the world of photography has witnessed a makeover with the
fast pace of upcoming technologies. The vision of FoBaz is to transform the way
pictures are looked at in India by making them more personalized. In doing so, we
provide the ultimate choice and convenience to the Indian consumer as to how their
memories and photos are maintained, viewed and delivered".

The company has set up an e-portal - www.fobaz.com to provide these services. Fobaz
will also be delivering the prints across the nation to popularize the concept of
photo sharing and personalisation, which is still at a nascent stage in India.
"Primarily we would be focusing on the quality aspect of our delivery wherein we
seek to deliver the value for our customers", Mr. Ahluwalia added.
Besides online storage and sharing, Fobaz will also be introducing value added
services like developing film rolls, delivering soft copy of images, photo printing,
etc. Other unique services of Fobaz include customization of a photograph, option of
adding personalized messages with the photograph and most importantly enabling
photographs to be used on gifts like greeting cards, calendars, coffee mugs,
T-shirts etc.
Talking about the technology, Mr. Ahluwalia said, "We have developed the online
photo correction tools in such a user friendly manner, that even a novice can handle
it at an ease of finger tip".
The online technology that makes all this possible was developed and has been used
by millions of customers in the USA for the past several years. With the vision to
provide choice of "from anywhere - to anywhere", to the end customer, Fobaz is
optimistic about introduction of concept and its future in Indian market.


Web Site = http://www.fobaz.com

Contact Details = B-10, Jawahar Park,
Sainik Farms,
New Delhi - 110 062