Everonn Systems India Limited changes registered name to Everonn Education Limited

Company Brief

Chennai, September 04, 2009

Everonn Systems India Limited (BSE: 532876, NSE: Everonn), today announced a change in its registered name to Everonn Education Limited, to emphasize its operational expertise. Currently the second largest education company in India, Everonn’s focus has been on facilitating quality education using breakthrough technologies such as its pioneering VSAT delivery platform and the provision of educational content on the move via mobile phones. The current announcement highlights Everonn's participation in the education industry, with a larger goal to diversify into the formal education segment. The change in company name is to come into immediate effect.

"Everonn has been a facilitator of quality education for over two decades", says Mr. P. Kishore, Founder & Managing Director, Everonn Education Limited. "In keeping with our commitment to ensure a better educated society, Everonn has consistently endeavored to support widespread learning in the country. We, at Everonn, feel that our company name must reflect this dedication and have decided to go ahead with the change for this reason."

Everonn will continue to focus on offering comprehensive educational services to the schools, colleges and retail segments across India, while expanding its business globally. With clearly defined operational arena and objectives, Everonn is entering a phase of diversified growth in the education industry, across India and abroad, with the potential for widespread growth in the near term.

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