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Leading Edge is now Trigyn Technologies

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CIOL Bureau
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BANGALORE: Leading Edge Systems Limited has changed its name to Trigyn

Technologies with immediate effect. According to a release, Trigyn Technologies

would encompass the combined businesses of Leading Edge Systems and eCapital

Solutions, which was acquired by Leading Edge earlier this year. The company has

received the approval of its shareholders for the change in name.

The combined turnover of the companies which now make up Trigyn Technologies

Limited for the year ended March 31, 2000 was $20.28 million (Rs 90.27 crore).

Trigyn Technologies has drawn up aggressive plans to double its turnover in the

ensuing year. "Acquisitions and mergers will be central to our growth

strategy," said Trigyn Technologies director Atul Kamath. Shareholders also

approved the company's plan to acquire Applisoft Inc., a US-based software

company, for $9 million.

Trigyn, which will be headed by Suresh Rajpal as president and CEO, will have

three key focus areas–e-business, telecommunications and financial services.

It will offer products and services in each of these segments, the release

added. The company also plans to spin off separate subsidiaries for marketing

and support of two of its products, eVector and eCRM. "While these

companies will be controlled by Trigyn Technologies, the management structure

would be independent, enabling them to raise the required funding and focus on

marketing the products worldwide. This will also be our strategy for other

products which are currently in the pipeline," explained Kamath.

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