Liqwid Krystal's CodeSaw showcased as one of India's best innovations

Company release, February 12, 2005

Bangalore

Bangalore-based Liqwid Krystal’s CodeSaw has been recognized as one of the best IT Innovations at the India Leadership Forum, NASSCOM 2005.

Acknowledging the recognition, Anand Adkoli, CEO & Cofounder, Liqwid Krystal said, “I believe that innovations like CodeSaw can effectively transform simple solutions into wealth creating ideas by providing that critical ‘differentiated’ value to users. CodeSaw enables them ‘to write, compile and run programs without a programming environment all in one place’.

The nation-wide search, conducted for the first time in India drew a spirited response from a wide spectrum of young and enterprising companies. Over 96 companies sent in their products and services, all developed within moderate, but well-balanced budgets. From the 18 that were short listed and reviewed, six innovation companies were chosen by an eminent panel of ICT industry leaders, analysts and academicians to be invited to the prestigious NASSCOM 2005 Annual Conference.

NASSCOM endeavors to spotlight the six finalists, highlight their success stories and place them under the radar of an elite audience comprising industry leaders, VCs, government representatives, overseas delegates, thought leaders, business analysts and CEOs of global companies. NASSCOM will ensure that these companies receive suitable and sustained mentoring to help them take their products and services to relevant markets.

Says Anand Adkoli, “The recent NASSCOM-KPMG report estimates that India will be short of 0.5 million personnel to work in the ICT and ITeS sectors by 2009. We believe that CodeSaw with its vendor and platform-neutral approach can help bridge this gap.

About us

Founded in 1999, Liqwid Krystal is a specialist in e-Learning and Human Capital Management (HCM) technologies. As a technology-focused company, Liqwid Krystal is committed to developing world-class solutions to enable experiential learning in the realm of IT.

For more information visit: www.liqwidkrystal.com

Geeta Philip

Corporate Communications

Liqwid Krystal

91 80 2509 1790

www.liqwidkrystal.com

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Jyoti Shetty

Proactive Public Relations

E: proactive@vsnl.com

T: 25561457 / 25562970