xchange21 to open development center in Bangalore

BANGALORE: The Singapore-based, xchange21, a leading e-solutions provider, on
Monday announced the opening of its new software developmental center in
Bangalore. As part of its global expansion plans, xchange21 has invested around
$750,000 on the center that is spread over 10,000-sq.ft area.

The center, which aims to provide e-solutions for Indian and offshore
companies, will focus on developing reference architecture using advanced
object-oriented technology for various industry segments. From this facility,
the firm plans to offer offshore development services for clients who require
high quality software development and testing services. The firm also plans to
provide skilled manpower for on-site assistance to complement a client’s
internal development team.

"With India emerging as a center for software development in the global
IT market place, the world's digital businesses will soon turn to India for its
vast resources it has built in this space. With this state-of-the-art facility,
we will not only provide local and off-shore clients with the kind of e-solution
they require, but also give a people-asset company such as ours, the talent we
need," said xchange21 CEO Dilip Keshu.

According to Kapil Lakhtakia, who is slated to take over as the executive
vice president of the xchange21 India, "We are focused on providing a
holistic solution to our clients and the development center will play a key role
in this aspect. We will also develop products and intellectual property to
ensure that xchange21 continues to offer business value-add to our worldwide
customers." The core competence and solutions offering of xchange21
includes e consulting, e-building and e-utilities.