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Thinksoft expands operations in India
Commences Delivery from new offices in Chennai and Bengaluru

Chennai, September 15, 2010: Financial Software testing pioneers, Thinksoft Global Services announces the expansion of its delivery centers in India. The company has opened new Delivery Centres in Tidel Park, Chennai (30,000 sq.ft. area) and Velankani Tech Park, Electronic City, Bengaluru.

These Delivery Centers have been designed to handle operations for the company's global clients in a secure environment. Together, these centers have an offshore delivery capacity of around 350 seats. The setting up of these facilities follows the recent establishment of an office at the Madras Export Processing Zone (MEPZ) in Tambaram, Chennai, where the Delivery Centre is under expansion so as to have a seating capacity of around 275. All these centers conform to the Global Standards and best practices relating to Information Security, which is crucial for financial services clients across the global that these centers exclusively serve.

Commenting on the expansion Ms.Vanaja Arvind, Executive Director, Thinksoft Global Services Ltd., said, "Our business is very niche focused and the key to success is a conducive operational environment with capable and motivated resources. This expansion will add to our scale and enable us to take on larger deals."

"Thinksoft had recently announced a sales impetus in the US and UK market with the appointment of Anand Vyas (Vice President, Sales - UK and Europe) and John Kiley (Head of Sales in Thinksoft, USA). This coupled with an increase in spending on banking solutions (estimated to reach $4 billion by 2011, from $3.5 billion spent in 2009, according to research reports released by financial services consultant Celent), is clearly a motivation to augment on ground resources in India", says Mr.Bharath Dorairaja, President, Sales and Marketing, Thinksoft Global Services Limited.

About Thinksoft Global:

Thinksoft is a pure-play software testing company, listed in the National and Bombay Stock Exchanges (NSE & BSE). Thinksoft specializes in helping Global Financial sector firms to significantly improve the quality of their applications, software and systems.

Through our domain focus, structured methodologies, offshore delivery centres and test automation expertise, we help clients realize 'business ready software', compress timelines and reduce software product life cycle costs.

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