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Megasoft signs $0.3 million deal with MTNL

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DQC Bureau
New Update

MUMBAI

NOVEMBER 7, 2006

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Megasoft Limited, a transnational Intellectual Property-driven, product-based
technology company, has been chosen by MTNL, New Delhi, to provide roaming
management services and also focus on setting up Agreements. Megasoft's telecom
division XIUS is a leading provider of highly specialized solutions to the
telecom industry.

Under the deal Megasoft will provide core services to MTNL, New Delhi,
including signing up of roaming bilaterals. The offer also includes roaming
management services. This agreement will benefit millions of MTNL subscribers as
this innovative XIUS solution to MTNL provides Instant access to subscribers and
enable an automatic selection of network while roaming instead of manual
switching over the network.

Commenting on the deal, GV Kumar, MD & CEO, Megasoft Limited, said “MTNL is
one of the largest telecom companies in India and we are delighted to be their
chosen partner.  This will particularly result in an increased customer
satisfaction level and also widen MTNL's roaming network with the help of our
manpower expertise and services. This cutting edge service from XIUS would
enhance their customer satisfaction and also the revenue generation
opportunities.”

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