Bangalore, India, September 2007 - S R Nova and Techset, two major e-publishing Services Companies and specialists in the STM segment, today announced the strategic merger of the operations.

"This merger is a strategic fit between the two like-minded organizations with the same goals of putting individual client needs first. Through this strategic initiative, the two companies would be able to offer global clients a broader range of publishing and media related services through incomparable flexibility and customized offering."

This merger enables the two companies to leverage knowledge workers, technology, global delivery centers and best-in-class processes to deliver integrated Publishing, Media and Content Services to global companies. This merger will also provide the companies with an important competitive and at the same time enhance the ability of its delivery centers to be more effective and strong.

The two companies with its Delivery Centers in Bangalore and Chennai totally employing nearly 500 people in India would continue to function as two independent but integrated profit centers leveraging each unit's strength and specializations. The combined company's increased operations and scope will benefit clients and employees alike, creating a premier global service provider in the industry space. This strategic move along with our vision to invest in our people and technology and the operating structure will enable us to extend our technology and services leadership and continue to deliver the "premium standard" of our solutions in the industry and to our customers.

Bangalore, India, July, 2007 - Publishing, Media and Content services specialist, S R NOVA has opened its new Production and Development Center at South End Road, Bangalore. With a total area of 20,000 square feet covering three floors, the center is built to house over 400 technology professionals.

The facility was inaugurated by Mr. Stephen Bourne, Chief Executive, Cambridge University Press by cutting the red ribbon and lighting the traditional holy lamp. Mr. Stephen Bourne then addressed all employees, partners, directors and all invitees who attended the inaugural ceremony. Cambridge University Press has been the first and the longest standing customer of S R Nova.

The facility has been designed keeping in mind flexible, scalable and independent operations. This Production Center is equipped with the latest world-class technologies and network infrastructure for complete data security; and is capable of operating as multiple, independent, dedicated offshore centers for multiple clients. The commencement of operations in the new center strengthens S R NOVA's position as a firmly established company, with solid foundations and accelerating on a growth path.

Mr. R K Jalan, Managing Director, S R NOVA said, "The new center will help us in expanding our capability and capacity for offshore services and ensure a rapid scalability. Our focus is to provide our clients with exceptional delivery, which cuts down on their costs in terms of both time and money."

Mr. Stephen Bourne, Chief Executive, Cambridge University Press said, "It is impossible to ignore the value of a modern state-of-the art offshore technology and production center. We have been associated with S R NOVA because of the company's broad capabilities, commitment to quality and project methodology, as well as its collaborative approach and proven track record. This new center of S R NOVA would build our relationship deeper and firmer."