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DSQ Software gets $100 m. US order

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CIOL Bureau
New Update

CHENNAI: India's DSQ Software said on Tuesday it had bagged a five-year, $100
million contract to provide electronic commerce services to a US-based insurance
company, its largest project ever.

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DSQ Software said in a statement that over 80 per cent of the value of the
contract will be achieved through offshore development.

Its shares rose as high as 4.87 per cent or Rs 19.95 to Rs 429.50 shortly
after the announcement, while the Bombay exchange index was up 1.17 per cent.

(C) Reuters Limited 2001.

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