e-Zest Solutions announces membership of NASSCOM

Pune, India (January 10, 2003):

e-Zest Solutions Pvt. Ltd., the offshore software development announced today that it has become a member of the National Association of Software and Service Companies (NASSCOM), the apex industry association representing the voice of the Indian IT industry, nationally and internationally.

According to Mr. Devendra Deshmukh CEO, "Some of the benefits that NASSCOM members enjoy when they associate with the association are initiatives for strengthening the India Inc. Brand, liaising with the Government of India and State Governments, Organizing Events for promotion of member services, Identifying Business Opportunities, Access to market Research, and Focus Groups.'

e-Zest Solutions has a proven track record in offshore development with over 23 clients across four continents and a half decade of experience. e-Zest delivers projects on time and on budget 75 % of the time as opposed to a global average of 16%. Robust processes, project management excellence, a rich portfolio of reusable frameworks, time zone advantages and seasoned project teams combine to deliver measurable business results to e-Zest offshore customers.

Association with NASSCOM holds significant value for e-Zest. Formed in 1988 with the primary objective of being a catalyst for the growth of the software industry in India, NASSCOM's membership, which exceeds 800, is varied. NASSCOM membership covers a vast base of small and medium companies that work with the association for guidance and continuous support, in addition to the large software players, who form 25 percent of association membership.

NASSCOM member companies account for over 95 per cent of the revenues generated by the Indian IT software and services industry.

NASSCOM is also internationally represented through WITSA (World Information Technology Services Alliance) and ASOCIO (Asian Ocean Computing Industry Organization).

Being a member of a reputed organization like NASSCOM, which is a not-for-profit organization and is registered under the Societies Act, 1896 shall add credibility and trustworthiness to the name and efforts of e-Zest.

About e-Zest (http://www.e-zest.net): Founded in 1998, e-Zest has grown from a small start-up to India's respected offshore software development company, offering a broad range of generic, branded and vertical services. The "Global Onsite / Offshore Delivery Model" is the key to all service offerings. It uses a robust distributed project management methodology on a state-of-the-art computing and communication backbone. Quality is benchmarked against global best practices at e-Zest. e-Zest has offices in USA, UK and India.

About NASSCOM (http:// www.nasscom.org)

National Association of Software and Service Companies (NASSCOM) is the apex umbrella organization for IT software and service organizations in India. Formed in 1988, NASSCOM's objective is to act as a catalyst for the growth of the globally competitive software-driven IT industry in India. NASSCOM is a non-profit organization with over 800 member companies that collectively contribute to more than 95 per cent of revenues of Indian software industry. Its members include software, Internet and E-commerce companies spanning private, public sectors that include homegrown companies and multi-nationals. NASSCOM is internationally represented at WITSA (World Information Technology Services Alliance) and ASOCIO (Asian Oceanian Computing Industry Organisation).