Mascot Systems gets $20 m. orders

MUMBAI: Indian software services firm Mascot Systems Ltd. has got orders

worth $20 million from two global firms to provide software solutions, the

company told the Bombay Stock Exchange (BSE) on Tuesday.

One order, for $15 million, is from a global conglomerate, which the firm did

not identify. Mascot will provide technology solutions, execute and maintain

services over a three-year period, the BSE said.

The other order, for $5 million, is from a hardware firm to whom Mascot will

provide enterprise resource planning and e-commerce solutions for three years,

it said.

Mascot Systems shares were up Rs 20.75 at Rs 280.45 on the Bombay exchange in

a volume of 11,952 in morning deals.

(C) Reuters Limited 2000.