ibs expands its kochi operations by over 350 seats takes office by alendar


									                                      For Immediate Release

              IBS expands its Kochi operations by over 350 seats
                                Takes office space in Leela Infopark

Trivandrum, 02 February 2006: IBS Software Services has announced its plans to take up
floor space of 32,000 square feet at the Leela Infopark at the Infopark campus at Kakkanad,
Kochi. This space will seat 350 software professionals as IBS expands its operations in Kochi. This
is IBS’ second facility within the Infopark, having started its Cochin operations in July 2005 from
the Thapasya building.

“This is in line with our aggressive ramp up plans. The space will be just enough for us to cater
to our requirements for the next six months and the Kochi centre can seat about 500 software
professionals. The IT industry is really buoyant in Kerala and we are in for exciting days ahead”,
said V K Mathews, Chairman of the IBS Group.

“We are extremely happy that IBS, the leading software company from Kerala, has taken office
space at the Leela Infopark. IBS moving into Leela Infopark is a recognition of the world-class
facilities that we provide”, said Mr. Venu Krishnan, Executive Director of the Leela Group. IBS
chose Leela for the world-class facilities it provides, its connectivity to the International gateway,
modern architecture and facilities and a 100% power back up. Of course, the serene campus
only made IBS’ decision easier.

IBS has expanded its operations in Trivandrum as well. IBS Trivandrum operates out of two
buildings in Technopark that can accommodate close to 700 software professionals. Recently,
about 12,000 sq. ft. of space was added at the Nila building, which houses IBS’ headquarters. As
a first step towards actualising its plan to ramp up operations in Technopark, IBS acquired 5
acres of land in the campus in May last year.

In the coming financial year, IBS intends to recruit about 700 to 1000 software professionals. The
additional floor space will help the company cater to its huge intake of software professionals. At
the ongoing IT Kerala 2006, IBS has plans to recruit both fresh and experienced software
professionals (engineering and MCA graduates) and business analysts (MBAs). With on-the-spot
screening of resumes, tests and interviews at its Kochi office (Thapasya building, Infopark), IBS
intends to hand out offer letters to selected candidates during the course of the event.

This recruitment drive is keeping in line with IBS’ plans to further strengthen its position as a
leading global software company in the TTL (Travel, Transportation and Logistics) industry. With
growing clientele and a need to keep pace with customer expectations, IBS has been on a
recruitment overdrive. Its employee base has gone up by 250 professionals in the last six months
alone. Lately, IBS has been a prominent visitor at campuses, job fairs and in IT intensive cities
like Bangalore and Chennai, to recruit for its offices at Trivandrum, Kochi, Atlanta, London, Dubai
and Sydney.

About Leela Infopark

The Leela Group is providing infrastructural facility acting as a co-developer jointly with Infopark,
Kochi. This building has a floor space of 1.35 lakh sq.ft; while another building with 4 lakh sq.ft.
is soon coming up at Infopark. They also have plans to develop similar projects at Technopark,

About IBS Software Services

The IBS Group (IBS) is a leading IT solutions provider to the global Travel, Transportation and
Logistics (TTL) industry. A specialist in the domain, IBS is SEI CMM Level-5 assessed, ISO
9001:2000 and TickIT certified and offers a range of software solutions that manage the mission-
critical operations of major airlines, airports, oil and gas companies and seaports world-wide. IBS
clientele includes major corporations like Emirates, Qantas, Cathay Pacific, WestJet, Swiss, Qatar
Airways, Air New Zealand, British Airports Authority, Dubai Airport, Shell International, British
Petroleum, Cendant, SITA, EDS, Mercator, Orbitz, Sharjah Ports Authority and Kerala Water
Authority. More information about IBS can be found on the web at www.ibsplc.com. For media
enquiries, please contact Pradeep P. Suthan at +91-471-2700080 or at pradeeps@ibsplc.com.

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