Purchase of major stake in German company was a first step

Pune, India - February 12, 2008 - Engineering services major Neilsoft today announced it's decision to service the India market for plant and digital automotive factory design projects. In keeping with it's philosophy of servicing the EPC contractors, the
company's focus will not be on the owner's market. Instead, it will service the EPC & consultants majors like L&T, BHEL, UHDE, Aker Kvaerner, Sriram, Essar, Reliance Engineering etc. to meet their needs for scale, quality and international experience, which is not easily available in India.

Neilsoft's value proposition is scalability, timeliness, and experience with international best practices on engineering process automation. It also has the advantage of having ownership of technology and tools used to design plants & factories and an in-house training capability to better prepare engineers for large projects.

Speaking on the subject, Mr. Ketan Bakshi - M.D. & CEO of Neilsoft said "An analysis of various engineering services providers will clearly show why Neilsoft is the better choice. Our ability to organize, build and manage engineering teams & centers is superior, our IT & communications infrastructure compares with the best, our multidisciplinary makeup, and our ownership of tools like CADISON & e-PDLM that are used to ensure good design & quality, all adds up to differentiate us. Also, our multi-location and multi-culture organization allows us to follow our customer's pan-India & global foot print".

Mr. R.K. Gupta, President CAD/PLM division and head of India & APAC services at Neilsoft added, "The engineering talent crunch is well-known but our international client base, our long association with most of the design tool(s) vendors, our engineering focus, and our branding in the engineering community serves us well and attracts good engineering talent to our company. We provide them a working environment, culture, growth opportunities, and international exposure which very few engineering services companies in India provide."


About Neilsoft

Neilsoft is a specialist engineering services & solutions provider catering to clients in the building systems, industrial projects, transportation, industrial machinery, and software segments. Neilsoft provides a whole range of multi-disciplinary services & solutions supporting our client's global footprint and assisting in enhancing their project / product engineering efficiency & completing their engineering projects faster. With a team of 750+ associates and growth rate of 50% per year (CAGR), Neilsoft has emerged as one of the leading players in this space servicing clients across USA, Europe, Asia-Pacific, Middle-East, and India.



Contact:

Bhumika Bhatia
Neilsoft Limited
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