Pentafour Software and Exports, with revenue of Rs 500
      crore plus, is in the process of developing healthcare and transportation software
      packages to be released in the second half of 2000-2001 fiscal.
The new products will feature extensive multimedia special
      effects to make it `interactive information systems', the future technology, according to
      the company's Chairman and Managing Director, V Chandrasekaran.
The company is also foraying into the Japanese, Australian
      and European markets. To have the `local flavor' for better penetration into the markets,
      Pentafour, is currently shopping for potential companies in these markets. "It
      becomes essential to have an established local presence for issues such as language, trust
      and confidence. This is very important for clients in the Government, Banking and
      Financial sectors.
The associate partners will also focus on marketing our
      enterprise solutions packages and services," said Chandrasekaran. It has earmarked an
      investment of US $60 million for acquisitions and mergers. This is also expected to
      increase upto US $100 million. To raise the fund, it has listed the company in the London
      Stock exchange and is prepared for listing in the Nasdaq as well, if necessary.
With the multimedia division's order book presently valued
      at US $ 160 million, Pentafour is planning to set up a production cum residential unit in
      the Hollywood City of Los Angeles. With an investment of US $ 25 million, the 50,000 to
      60,000 sq ft unit is expected to house 200 multimedia developers. It is expected to start
      its operations by December 2000. A blue screen studio, hi-tech labs for 2D/3D and special
      effects development, motion capture equipment and a full-fledged studio are some of the
      features of the unit. While Sinbad is preparing for its premier on 15 August, Mr Right and
      Alibaba are in the production stages.
While the CD manufacturing plant is being shifted to Dubai,
      the content development of its CD Titles will still remain in Kelambakkam. In this regard
      the company will work along with Anna University to develop interactive contents on school
      subjects. It is already negotiating with the Malaysian and Singapore governments to render
      its service in this segment. The company is also planning to develop interactive games CDs
      to be marketed in the American and Japanese markets.
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