Accel Frontline : Leading The Pack, Again

After a slow growth of just two percent in 2006-07, Accel Frontline bounced
back by posting a growth of 43 percent during the last FY. The company
strengthened its solutions division and bagged some major contracts in both ERP
and infrastructure solutions space

2007-08 is a first fiscal year for Accel Frontline as a subsidiary of $40
billion BT Group, which acquired 51 percent stakes in its equity. The
acquisition gave Accel the opportunity to address larger opportunities and BT in
turn got the necessary foothold in the IT infrastructure management business in
India.

After some major consolidations during the FY 2007-08, the company achieved a
solid growth of 43 percent as compared to the seven percent growth that it
achieved during the previous fiscal. Its revenue touched the Rs 314 crore mark,
making it the kingpin of the DQ Channels Silver Club for solution providers.

This year Accel grew organically by acquiring three important companies with
niche portfolios. It acquired the banking solutions company Telesis Global;
telecom solutions company Network Programs, earlier in the year; and recently
took over a warranty management services company XLNC Ltd. Since it has been a
long-standing provider of IT infrastructure solutions, during 2007-08 it bagged
several complex infrastructure implementation projects. Notable among them were
the mainframe class Sun E 25k servers for the SAP infrastructure and disaster
recovery center of the $900 million Jaypee Group.

The State Bank of India continued its association with Accel, awarding it
with contracts for upgradation of their core banking IT infrastructure and
installation of systems across their branches in India.

This year the company deepened its presence in the ERP space, and the banking
solutions division got several orders for implementation of Infosys' core
banking solution, Finacle, across the Indian sub-continent, Europe and Africa.

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Profile
CEO: NR Panicker Start-up year: 1995 Employees: 2,401 Collaborations: Sun, IBM, Dell, HP, Microsoft, Symantec, Oracle, Cisco Address: Accel House, 75, Nelson Manickam Road, Aminjikarai, Chennai - 600029 Tel: 044-23741271 Website: www.accelfrontine.com SILVER CLUB RANK (2006-07): 1

And to add yet another feather to its cap, NR Panicker, who heads Accel
Frontline was recognized as 'Outstanding entrepreneur of 2007' with an award
from the Government of Tamil Nadu and Confederation of Indian Institutions.