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Press Release Thursday, July 24, 2008

Omnitech bags Orders Worth Rs.40 crores in Q1

From correspondents in Delhi, India, 10:08 PM IST

With orders worth Rs. 40 crore bagged in Q1, in the area of Infrastructure Management Services (IMS) which is one of the fastest growing areas, Omnitech InfoSolutions Ltd. is well-ensconced as India’s leading Business Availability and Business Continuity Services Provider.

The overall deal value of IMS contracts and turnkey solutions booked in Q1 is over Rs. 40 Crore. Omnitech won 14 new contracts from leading Indian companies in the Entertainment, Financial, and the Pharma sector to provide Remote Infrastructure Monitoring and Management Services.

“We intend to gain leadership in Business Availability Services, with special emphasis on RIMS, so that by partnering with Omnitech, firms benefit from improved revenue protection. Omnitech’s Remote Infrastructure Management (RIM) Service provides end-to-end support with guaranteed SLA. It also allows customers to focus on their core business while Omnitech takes care of their IT Infrastructure.” said Mr. Atul Hemani, Managing Director, Omnitech InfoSolutions Ltd.

Omnitech’s ongoing endeavor to excel in Remote Infrastructure Management, Performance Management and Business Continuity Services led to enhanced revenues with the company posting PAT of Rs. 884.57 lacs, a hop of 127% over Rs. 389.57 lacs in the last fiscal. Net Income rose 77% to Rs. 4253.72 lacs, up from Rs. 2399.74 lacs for the same period last year. The IMS space contributed 32% of the company’s revenues in the last fiscal.

The company has established world-class practices for Remote Infrastructure Management and Performance Management Services. Leveraging Omnitech solutions also eliminates the need to build and maintain a redundant IT superstructure, leading to reduced IT capital expenses.

Omnitech is ideally suited to protect business interests through a host of Turnkey IT solutions like Server & Storage Consolidation, Virtualization, Network Integration Solutions, DR/BCP, Performance Management and Data Center Management Solutions.

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