Thiru A Raja launches Novatium’s Nova netPC across India

Company Brief

New Delhi, November 11, 2008

Novatium Solutions Private Limited, the leading provider of rich computing services in the country and BSNL, the largest broadband service provider in India, today announced a strategic tie-up of Novatium’s Nova netPC and BSNL broadband. As part of the deal, BSNL will take computing to the masses with the help of Novatium’s globally patented breakthrough technology “DUDM”. The BSNL and Novatium tie-up along with their High Speed Internet DSL solution will revolutionize the concept of ‘computing as a service’ rather than a product.

MR. A. RAJA, Cabinet Minister, Ministry of IT and Communications, chief guest at the launch, said, “India is one of the fastest growing economies in the World today. Given its huge size, telecom will continue to play a key role in its growth. It is in this context that broadband penetration becomes very important. We have grown from a meagre 0.18 Mn broadband subscriber base in March 2005 to more than 5 Million base by 31st August 2008. Our target is to hit 20 Mn broadband household base by 2010.

One of the key factors that will enable broadband penetration is an affordable computing access device. It is very heartening to see that Indian companies like Novatium Solutions have developed indigenous technology to make this happen. Nova netPC- not only makes it affordable for the Indian consumer but also is maintenance –free- this allows you to do computing without the hassles of software upgrades, anti-virus etc. Bundling with BSNL broadband is the right step in achieving our national goal”.

Mr. Kuldeep Goyal, CMD, BSNL said, “BSNL has been constantly innovating to champion the adoption of broadband usage in the country. Several BSNL’s fixed line customers have stayed away from computing due to the cost and complexities involved . With our huge connectivity and infrastructure, BSNL hopes to give a new wind to the computing and broadband revolution in the country through bundling with products like Novatium netPC.”

Mr. Alok Singh, CEO, Novatium Solutions Pvt. Ltd. said, “Novatium believes in simple computing for the masses. Novatium’s Nova netPC is an affordable and simple desktop. We have made it very user friendly so that it can now be operated like any household appliance at the touch of a button. We are now looking at attaining a subscriber base of 125,000 in the country by the end of the financial year.” The vision of Novatium, he added, is to provide simple and affordable computing for the next billion.

Customers may contact 1800 116682 or 011-66660000 for witnessing a demonstration of Nova netPC or for placing an order. Visit our website at www.novatium.com.

For further Information please contact:

Novatium Solutions (P) Ltd.

Mr. K Rajeshwari

E-mail: rajeshwari@novatium.com

Tel: +91 (44) 4205 5322

Joint DDG (PR) - BSNL

Mr. S K Sinha

E-mail: sinhag31@gmail.com

Mobile: +91 9868128665