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Lawson Software partners with PSI Data Systems to offer enhanced solutions to the Retail Industry

Bangalore, February 02, 2006

PSI Data Systems Limited (BSE - PSID), a leading IT solutions provider today announced a partnership which will expand St. Paul, Minnesota-based Lawson Software's solution and meet the emerging demands of the retail industry. The scope of the project involves migrating Lawson's retail applications to the J2EE platform, to enhance performance, improve interoperability and lower total cost of ownership for clients. This initiative with PSI Data Systems will strengthen Lawson Software's Merchandising software solution to provide greater value to its global clients.

The product's thin-client architecture based on Java/J2EE technology platform will enable retailers to install and support the software in one location while offering access to users from any PC with an Internet connection. It will also enable retailers with geographically distributed operations to reduce overall IT costs by performing Web-based maintenance and upgrades.

As Lawson's business partner, PSI Data Systems will manage the technology upgrades for the next-generation retail operations software.

Speaking on the occasion Sampath Iyengar, CEO, PSI Data Systems remarked, "We are pleased about our growing relationship with Lawson Software. PSI Data Systems has a strongly differentiated value proposition for High Tech companies such as Lawson. Our multi-dimensional partnership model helps our clients deliver superior value to their marketplace."

About PSI Data Systems
PSI Data Systems Limited is the Information Technology business of the Aditya Birla group, India's third largest industrial conglomerate. PSI Data Systems is a best-in-class solutions company serving Banking, Financial Services and the High Tech markets, globally. PSI Data Systems operates offices in the USA, Europe, Japan and delivery centers in India.

 

Contacts:
PSI Data Systems
Mr. Nilanjan Chaudhuri
nilanjan.chaudhuri@psi.adityabirla.com
Phone: 02 5691 0000

Text 100
Anuroopa Pereira/ Rakesh Ganatra
anuroopap@text100.co.in / rakeshg@text100.co.in
Phone: 02 5691 0000

 
Safe Harbor
Certain statements in the release concerning the Company's future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Investors are requested to exercise their own judgment in assessing various risks and uncertainties associated with the company.
 
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