Prestigious award program ranks aurionPro as India’s fifth fastest-growing company, Asia Pacific’s 49th

SAN RAMON, Calif., Dec. 13, 2007 — After a decade of growth, there’s perhaps no greater honor than being acknowledged for hard work by a highly prestigious, international firm. That’s exactly what aurionPro Solutions Ltd. recently discovered after being ranked in the Deloitte Technology Fast 50 and Fast 500 Awards.

Deloitte’s recognition program, moderated by Deloitte Touche Tohmatsu, highlights successful technology companies in the following three geographical categories: North America, Asia Pacific, and the Middle East and Africa. A specialized software company catering to the Banking & Financial Services and Insurance industries, aurionPro placed fifth among the top-50 India-based Fast 50 winners and 49th out of the 500 Pacific Asia winners. The awards acknowledge revenue growth over a five-year period — in that timeframe, aurionPro’s revenue has skyrocketed an impressive 913 percent.

“Receiving this recognition from Deloitte has been very exciting for us, as it reflects our commitment to innovative products and growth strategies,” said Amit Sheth, managing director of aurionPro Solutions Ltd.. “It’s a great honor to be recognized as a leader in our industry and viewed as such from the international community. We’ve carefully positioned ourselves to deliver the best in cash management solutions.”

Headquartered in Mumbai, India, with U.S. headquarters in San Ramon, Calif., aurionPro has developed a successful track record of providing robust, transaction-intensive products and solutions to top private and MNC banks in India. Today, the company’s cash management solutions handle over 500,000 transactions daily, clocking volumes of over $17 billion every year. Although aurionPro has made banking its primary focus, the company has also consistently excelled in IT services. Its IT services business has enabled the company to excel in product implementation, offshore delivery and technology – the essentials for any IT company.

 “The banking, financial and insurance sectors can continue to look to aurionPro for innovation and entrust us to deliver the best in these fields,” Sheth concluded.

About aurionPro Solutions Ltd.

12th Nov, 2007

aurionPro to expand its product portfolio significantly, through a Singapore based acquisition.
AurionPro Solutions Ltd. (NSE: AURIONPRO, BSE: 532668), a leading banking products and services company, has entered into an all cash deal to acquire 100% control in Integro Technologies Pte. Ltd.  (Integro) a leading Banking products company headquartered in Singapore. Integro’s product portfolio include, products in the areas of Loan origination, Collateral Management for Basel II Compliance and Internet banking.
Headquartered in Singapore, Integro has development centers in Singapore and Malaysia and marketing offices in Thailand. Integro has product development and implementation team of over 110 people and over 20 customers across multiple countries across Asia. Integro’s contemporary & cutting edge products suite include: The Smart Lender Suite and The Internet Banking Suite. The SmartLender suite addresses the Loans business of banks through Smart Lender Retail & SmartLender Corporate. It also helps banks manage their Collaterals effectively and aid them for Basel II compliance. The Internet Banking Suite enables banks to reach out to their customers, both retail and corporate, more effectively and efficiently. Integro’s current set of customers include Global banks like Standard Chartered, ABN Amro, CITI, Regional banks like UOB, OCBC, MayBank, Bank Mandiri, etc.
Commenting on the acquisition, Mr. Amit Sheth, Managing Director of aurionPro said: “This is a major step for us towards making aurionPro number one banking products and services company across Asia. Integro has an excellent product portfolio with significant number of major customers across Asia Pacific region and like aurionPro; Integro’s product suite is based on J2EE architecture. This will help aurionPro in offering integrated products to the customer quickly across the region and to expand it to other markets. Commenting further Mr. Sheth said, with greatly strengthened product portfolio and expanded customer offerings, we will be able to accelerate our growth significantly across Asia and create a strong platform for launching it to Europe market next year. He further commented that, “There is a great opportunity to enhance offerings within existing customers of Integro and aurionPro and collectively we will be able to ramp up the relationships much faster. He further added that there is a great synergy in offering Integro Internet banking portfolio together with Aurionpro’s cash management product, and expanding Integro’s operations where we have established infrastructure and delivery capabilities, particularly in, Middle East Asia.”

Mr. Lim Bak Wee, founder and CEO of Integro says: “We are happy and excited to be part of aurionPro family, this transaction will provides an outstanding opportunity for Integro to expand its operations and all its employees to become part of a bigger team. There are number of opportunities to expand offerings in its product suite globally and access to resources of would enable Integro to accelerate its growth and offer exceptional value to their customers.”

22nd Mar, 2007

Misys, SGV & aurionPro show expertise in risk compliance
Kevin Loh, Country Manager of Mysis Banking Systems(Mysis) Philippines (second from the left),Yen Abarca, Partner of SyCip Gorres Velayo & Co. Risk Advisory Services (second from the right), Amaury De Grandmaison, Business Development Manager of Mysis Asia ( first from the left), and Krishan Grover, Sales Director of aurionPro ( first from the right) share their global and local experiences with over 50 executives from 18 banks in Philippines on how to achieve compliance with a minimal disruption to banks’ existing systems and how to reduce implementation costs and ensure consistency in disclosures made under the two frameworks Pillar III of Basel II and PRFS 7. Mysis is specialising in financial software and provides solutions for risk management, compliance core banking, treasury and capital market areas. In Philippines, it has over 400 employees and been established for 17 years. aurionPro has over 600 employees globally with offices in USA, India, Singapore, Bahrain, and have recently set up operations in the Philippines. Mysis and aurionPro together provide range of solutions and consultancy service for managing under a single roof compliance and risk management.

Aurionpro has raised 48.26 crores through Preferential Issue Route
The Company has raised Rs. 48.26 crores through preferential allotment of shares and convertible warrants at Rs. 252 per share/warrant to the management team and key investors. Of the total investment of Rs. 48.26 crores, Rs. 28.19 crores were raised through allotment of 10,30,000 shares and 8,85,000 convertible warrants by the Board of Directors in their meeting held on 22nd March 2007, and assuming full conversion of warrants, additional Rs. 20.07 crores will be raised over next 18 months.

Commenting on the issue Mr. Amit Sheth, Managing Director, said, “this investment is a testimony to confidence the management and all the team players have in long tem growth potential of the company. Especially gratifying were investments by Management team of both Coban and SPS, as also from other senior team members and independent directors on the Board of the company”.