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I-flex

i-flex solutions limited is a IT solutions provider for the financial services industry. The i-flex portfolio of software products includes FLEXCUBE®, the worlds #1 selling core banking solution; Reveleus, an advanced business analytic application; and Daybreak, an enterprise consumer-lending suite. In addition, the i-flex PRIMESOURCING offering provides a comprehensive range of software, consulting, development and support services, differentiated by deep domain expertise.

= Current Events =

August 3 2005: Oracle Corporation has announced it would buy a majority stake in India s largest applications software company i-flex solutions in a $909-million (around Rs 3,960 crore at an exchange rate of Rs 43.55 to a dollar) deal.

= Management =

Rajesh Hukku - Chairman and Managing Director R. Ravisankar - CEO International Operations and Business Development Deepak Ghaisas - CEO India Operations and CFO Makarand Padalkar - Chief of Staff & Investor Relations N.R.K. Raman Chief - Operating Officer

= Corporate Office =

i-flex park C/o Embassy Business Park C.V Raman Nagar Bangalore 560 093 India. Tel: +91-80-5759 7000 Fax: +91-80-2534 5090

= External Links =

[http://www.iflexsolutions.com i-flex solutions limited]