Public issue for SQL Star on June 18, 1999

By : |June 24, 1999 0

As a part of its expansion plans, SQL Star International, an IT company involved in
software development, education and IT consulting, is making a public offer on June 18,
1999, for its shares to be listed on the stock exchanges opening. The company is making a
public issue of 26 lakh equity shares of Rs 10 each for cash at a premium of Rs 45 per
share aggregating Rs 14.30 crore. The total cost of the expansion plans is estimated at Rs
25.75 crore. The balance amount will be generated through internal accruals and term
loans. ICICI Ventures and RCTC hold about 45% of the pre-issue capital.

The company is opening development centers in the US and Singapore and starting a
subsidiary in Europe. The company is also setting up offshore development facilities and
ERP consulting facilities in Hyderabad, Pune, Bangalore, Mumbai, Chennai and Singapore.

This company is promoted by six technocrats–Dr Ashok K Agarwal, Managing Director, SQL
Star; Brij K Tankha, Director (Finance); Dr Kishore B V Buddhiraju; Pradeep Gupta, MD,
Cyber Media India Limited; Satish Arora and Subhash Bhatia.

HP launches LAN cable tester

Hewlett-Packard Company announced the launch of HP WireScope 350, a handheld
color-touchscreen equipped tester that allows cabling contractors and IS managers to
certify commercial cabling infrastructure to LAN performance standards. It provides a 350
MHz test frequency range and measurement accuracy beyond the draft TIA level III
specification. It also supports ISO test standards.

Pep launches STD call guard

Pep Infotech Ltd has launched STD call meter with caller ID-Pepteller Call Guard CD 10 to
monitor all outgoing STD and local calls. Based on the CPTD technology, the meter works on
CPTD technology and the actual call charges are displayed on the alphanumeric backlit
screen. The telephone number called, duration of call, the time at which the call was made
are displayed and stored in memory. The unit can also display and record the last 100
incoming calls, their time, the number and the duration. Unattended phone calls are also
displayed, as well as unauthorized calls, made from telephone poles or through parallel

The company has also launched an ID call meter with a special provision for rechargeable
Ni-Cd cells. This has the facility to record 62 incoming and outgoing calls as well as
tampered calls.

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