Made in IBM Labs: IBM unveils new disaster management tool for building

New Delhi, India, July 20, 2007:  Bandhs, rains, outages, pandemics and acts of terrorism are true risks that cannot be ignored. If your employees were forced to not come to the office tomorrow, how well would your business operations continue to run? How well are you prepared to respond and continue operations in the face of disruptions without losing momentum? IBM today announced that its researchers at India Research Laboratory have developed Resiliency Maturity Index (RMI), an Innovative framework for building a resilient enterprise.

This new RMI framework consists of an innovative model to assess the end-to-end   organizational   resilience and quantitatively compute the resiliency score of the organization. The model helps executives understand how varying the resiliency of different components impacts the overall resiliency of the organization.

RMI  can  enable  an  enterprise  to  dramatically  change the response and recovery  capability  from  being  an afterthought to an essential business imperative that will greatly enhance recovery efforts. The framework can be utilized to make investment decisions by quantitatively viewing the impact of an investment in a specific area on the overall resiliency score of the organization.  The  model  provides  a  ‘drill-down’ view of the resiliency score  at  different  levels of the organization, namely a resiliency Score for  the overall organization to an individual score for each business unit to  a  more  granular  view  of  defining  a  score  for  each component or sub-component in a business unit.

Researchers  at  the  IBM India Research Laboratory designed the Resiliency Maturity  Index  to  enable  quantifying  the  effect  of  failures  on an organization. This study recently published by the researchers demonstrated the  utility  of  the  RMI  for  multiple  scenarios,  including (a) making investment  decisions to reach a target RMI score, (b) assessing the impact of  expanding  the  organization,  and (c) making a decision or sales pitch concerning  outsourcing  (e) Helping clients understand how various service providers  compare  in  terms  of Resiliency prior to making an outsourcing decision.

The  RMI  framework  is  built on top of the Resiliency Maturity Assessment Framework  (RMAF)  developed  by  IBM  Zurich  Research  Lab and IBM Global Technology  Services.  The  RMAF  breaks  down  an  organization  into its components  which  can  be  assessed  independently for Resiliency. The RMI framework extends the RMAF by bringing out the interactions between these components and their influence on the overall organizational Resiliency.

This is significant since, in a recent survey of financial investment firm managers, 66% said risk management should be a strategic business function and embedded deeply into the fabric of the organization. Unfortunately, less than 45% of companies surveyed have ever conducted a company wide risk assessment or have a sound continuity of operations plan in place.

“Businesses  and  governments  operating  in  today’s  environment require capabilities  across  all  three  phases of crisis: readiness, response and recovery,”  said  Dr. Daniel Dias, Director, IBM India Research Laboratory. “Organizations face a growing number of threats from natural and man-made disasters or disruptive events that have costly, far-reaching impact.”

  

“Business leaders are faced with the challenge of keeping their enterprise running and growing-no matter what. Unfortunately, not every business is worried about continuity issues and maintaining a world-class continuity program. But failure to deal with risk, stay agile and prepare to plan for business   continuity can have disastrous consequences on operations, revenue, even intangibles like the company’s brand. Understanding what your risks are, where your exposure lies, and getting the business

Continuity process integrated throughout the organization are critical for your business,” he said.

“In the age of outsourcing and globalization, enterprises need to rapidly adapt and respond to internal or external dynamic changes – opportunities, demands, disruptions or threats – and continue operations with limited impact to the business. Failures or threats that can test the resiliency of an  organization  can  range  from  relatively  simple  power  and network failures,  to massive breakdowns from terrorist attacks, natural disasters, and  pandemics,”  says  Dr. Guruduth Banavar, Associate Director, IBM India Research Laboratory, Bangalore.

Organizations need a comprehensive way to analyze the resiliency of their operations   over a wide variety of failure modes.  In addition, an organization is sometimes dependent on suppliers’ and partners’ services to accomplish its activities.  In such cases, the resiliency analysis of a service provider organization ought to include the capabilities of the external entities that it is dependent on. For instance, pandemic Planning requires the organization to consider the implications of a failure. To customers and employees first and physical assets second.  Despite the best efforts of organizations to create business continuity and disaster recovery plans, few will have considered the impact of a widespread disease that would affect human resources more so than technical survivability.

The  value  of  the  RMI  framework  to  customers are that (a) it can help customers  determine  the  resiliency  benefits  of moving from an in-house operation  to  an  outsourced service vendor, and (b) it can help customers evaluate the relative resiliency of multiple service providers.  IBM is now working   with   the   Software   Engineering   Institute   (SEI)   at the Carnegie-Mellon University (CMU) to incorporate parts of the Assessment framework into an industry standard.

In  a  related  effort, IBM Researchers developed a “Skills Planning” model for  optimal  allocation  of  skills  (job  roles) across an organization’s multiple  sites  to minimize the impact of a disaster at any one site. This model  factors  in  various  operational  aspects  that  occur in practice, including  critical  workloads, skill levels, mobile workers, multi-skilled workers,   cross-training,   operations   in   shifts,   wage   costs and multi-location communication or management overheads.

IBM  is  already  a  leader  in traditional workplace recovery services for front-office  and back-office operations and this new solution is a logical progression  that  offers  additional choice and flexibility as enterprises look at all dimensions of their continuity program.

Ericsson reports continued solid performance

Ericsson discloses the information provided herein pursuant to the Swedish Securities Exchange and Clearing Operations Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 07.30 CET, on July 20, 2007.]

Net sales SEK 47.6 (44.0) b. in the quarter, up 8%, SEK 89.8 (83.2) b. first six months 1)

Operating income SEK 9.3 (8.3) b. in the quarter, up 12%, SEK 17.4 (14.9) b. first six months

Operating margin 19.4% (18.4%) in the quarter, 19.4% (17.6%) first six months

Cash flow from operations SEK 4.2 (0.2) b. in the quarter, SEK 8.8 (2.6) b. first six months

Net income SEK 6.4 (5.7) b. in the quarter, up 12%, SEK 12.2 (10.3) b. first six months 2)

Earnings per share SEK 0.40 (0.36) in the quarter, up 11%, SEK 0.77 (0.65) first six months 2)

CEO COMMENTS

“We continue to outpace the market,” said Carl-Henric Svanberg, President and CEO of Ericsson (NASDAQ:ERIC). “Sales showed an encouraging year-over-year increase this quarter, primarily driven by Asia Pacific. Europe, Middle East and Africa were softer while we see improving trends in the Americas. Margins were stable with improved cash generation.

The total number of mobile subscriptions has now reached three billion, a milestone for our industry. GSM shipments reach new record levels every quarter and we continue to see growing demand for mobile and fixed broadband. We see dramatic data traffic increases in the HSPA networks that we monitor.

We have strengthened our position through the recent acquisitions, and the announced IP broadband agreement with AT&T was a breakthrough in the North American market, confirming our strong offering in next-generation networks.

Our services business continues to expand faster than the market and several managed services contracts will start to be revenue generating in coming quarters. We are in a start-up phase in multimedia, where sales and margins will vary. Tandberg Television is now part of our group and will add significant strength. On the handset side, Sony Ericsson had another quarter of strong performance and market share increase.

In the ongoing industry consolidation we are expanding our footprint in mobile as well as fixed communications. Our scale advantage from over 40% market share in GSM and WCDMA is obvious and enables technology leading and affordable solutions to an expanding and increasingly demanding market,” concluded Carl-Henric Svanberg

NASSCOM ANNOUNCES INDIA’S TOP 20 IT-ITES EMPLOYERS FOR FY 06-07

Bangalore, July 19, 2007: NASSCOM, the chamber of commerce and “voice” of the IT software and services industry in India, today released the rankings of the top 20 IT-ITES employers in India for FY 06-07. The top 20 companies collectively employ over 500,000 people of the 1.6 million employed directly in the industry. The rankings are based on the India-based headcount of firms with IT-ITES operations in India, as reported to NASSCOM in its annual survey. As per the rankings, TCS is the leader followed by Infosys Technologies and Wipro Technologies. Commenting on the survey findings Kiran Karnik, President, NASSCOM, said, “The Indian IT-ITES industry is India’s largest employment generator in the organized sector of today creating jobs for over 7.5 million people both directly and indirectly, and as per our research this figure is expected to cross 10 million by 2010. A varied combination of factors have led to this – healthy growth environment, attractive remuneration and different kinds of employment opportunities in the new economy based on varying skill sets, and above all the availability of talent in India which meets the employment projections. What we do need to work on is the quality factor to ensure we remain the highest employment generator and maintain our share of the global offshore IT and ITES industry.”  Addressing the aspect of new destinations for the IT-ITES industry, Mr. Karnik added, “Today, this employment is spread across many cities, and the industry is increasingly going to tier II and tier III cities. This process of widespread geographical dispersion of the industry is being adversely affected by the non-extension of the STPI scheme and attendant tax incentives.” NASSCOM Top-20 IT-ITES Employers in India for FY06-07 are:1.     Tata Consultancy Services2.     Infosys Technologies3.     Wipro Technologies4.     HCL Technologies5.     Cognizant6.     Satyam Computer Services7.     Hewlett Packard8.     Genpact9.     Oracle10. Intelenet Global Services*11. WNS Global Services*12. Mphasis13. Patni Computer Systems14. Convergys15. Firstsource Solutions*16. Sutherland Global Services*17. Citigroup Global Services*18. Aegis BPO Services*19. ExlService Holdings*20. L&T InfotechFootnotes: This list is based on the India-based headcount of firms with IT-ITES operations in India, as reported to NASSCOM in its annual survey. Based on publicly available information, few other MNC’s such as Accenture and IBM would have also featured in this list. However, as they have not participated in the survey, we do not have all the required details and are unable to rank them. Most companies on this list are engaged in IT as well as ITES. Companies marked with an * indicate pure-play ITES-BPO firms.MethodologyNASSCOM sends out a detailed questionnaire annually to all its member companies, accounting for 95 percent of the Indian IT software and ITES industry revenue. Information collated through the questionnaire includes: aggregate performance; service lines; verticals and geographies.

BUSINESS OBJECTS POSITIONED IN LEADERS QUADRANT

BUSINESS OBJECTS POSITIONED IN LEADERS QUADRANT
                       IN DATA QUALITY TOOLS REPORT

India,  Mumbai  ?  July  11, 2007 ?Business Objects (Nasdaq: BOBJ; Euronext
Paris  ISIN  code:  FR0004026250  -  BOB),  the world’s leading provider of
business  intelligence  (BI) solutions, today announced that it is cited in
the  Leaders quadrant in the Gartner Data Quality Tools Magic Quadrant June
29,  2007:  Magic  Quadrant  for  Data Quality Tools, 2007 by Ted Friedman,
Andreas Bitterer
, published on June 29, 2007.

According  to  Gartner, ‘leaders’ are vendors in the market who demonstrate
strength  across  a complete range of data quality functionality, including
profiling,  parsing,  standardization, matching, validation and enrichment.
They  exhibit  a  clear  understanding  and  vision for where the market is
headed,  including  recognition of non-customer data quality issues and the
delivery  of enterprise-level data quality implementations. Leaders have an
established  market presence, significant size and a multinational presence
(directly or as a result of a parent company).

With  its  acquisition  of  FirstLogic  Inc.  and recent product release of
BusinessObjects?  Data  Quality  XI  Version  11.6,  Business  Objects  now
provides  best-of-breed  data  quality  solutions  as part of its long-term
strategy  to  offer  customers  a trusted foundation of solutions to enable
enterprise  information management (EIM). Business Objects data quality and
data management solutions include a full spectrum of capabilities including
data  assessment and measurement, data cleansing, data enrichment, matching
and consolidation, continuous monitoring and new addressing standardization
and parsing options.

“Enterprise  information  management  is  a  critical  success  factor  for
companies  looking  to  create  a  single  foundation  of  trusted business
information,”  said  Pascal  Clement,  vice  president  of  EIM at Business
Objects.   “We  are  committed  to  delivering  the  industry’s  best  data
integration, data quality, and metadata management solutions as part of our
complete portfolio of business intelligence offerings.  We’re pleased about
our  Leaders Quadrant position, and look forward to continuing to serve our
customers with excellence.”

Gartner EXP Outlines How CIOs Can Drive Enterprise Revenue Through Seven Levers of Growth

MUMBAI, India, July 19, 2007 — Enterprises grow the top line through seven growth levers, and chief information officers (CIOs) must enable that growth through IT assets and the IS organization’s skills and behaviors, according to Gartner Executive Programs (EXP), a unit of Gartner, Inc. To consistently achieve top-line growth, CIOs need to adopt a growth-oriented mind-set. In the Gartner EXP report “The Seven Levers of Growth,” analysts examine how CIOs can best contribute to the top-line growth of their enterprise. The report also details how CIOs and IS organizations must provide an enabling platform for each of the seven growth levers and focus on contributing more directly to remain relevant.  “IS organizations have traditionally been focused and resourced to provide reliable, efficient services to help run their businesses,” said Dave Aron, vice president and research director for Gartner EXP. “However, there are opportunities and, in some cases, imperatives for CIOs and their IS organizations to take a greater part in enterprise top-line growth. The CIO must focus on exploiting these opportunities just as a venture capitalist makes investments — applying scarce IT assets, IS staff and credibility resources based on value. The challenge is to understand the growth context and organize to contribute to the right growth levers.” Enterprises grow in many ways, including improved marketing, the introduction of new products, entering new markets, acquiring or merging with other companies and even creation of completely new businesses through corporate venturing (see Table 1). “The CIO must understand where the planned and likely growth levers are, and then ensure that IT assets provide an enabling platform for each lever,” Mr. Aron said. Table 1Seven Levers of Growth, and CIO and IS Enablement Challenges and Contribution Opportunities

Lever	CIO/IS Enablement	CIO/IS Direct Contribution
Improve Operations	Strengthen operational systems	Connect to customers
Innovate Products	Provide flexibility in enterprise applications	“Informate” products
Exploit Channels	Architect for multiple channels	Exploit electronic channels
Target Customers and Markets	Build scalable infrastructure and applications	Integrate external information
Acquire Companies	Ensure agility to absorb targets’ business	Create an M&A playbook
Connect the Ecosystem	Build a plug-and-play architecture	Bring the ecosystem with you
Create Blue Oceans	Provide innovation and collaboration tools	Innovate the business from IS

Source: Gartner Executive Programs (July 2007) Gartner EXP said there are four recommended behaviors for CIOs to gear up for growth.  They include: ·                  Clarify enterprise growth levers and where IS should contribute.·                  Build deep business knowledge and behavioral capabilities in IS, and contribute proactively to business project definition and prioritization.·                  Go beyond conventional project management, and participate in good benefits realization practices, throughout the benefits life cycle.·                  Mentor the IS organization to move from a mind-set of “order taker” to a mind-set of the IT venture capitalist — “challenging the value” of IT investments “All forms of enterprise growth require support from the IS organization — at a minimum, to make sure that IT assets aren’t in the way of growth. There are often much-more-direct opportunities for IS to contribute,” Mr. Aron said. “Although the current macroeconomic environment is the reason growth is high on the agenda, the ‘IT venture capitalist’ mind-set is always appropriate, to maximize enterprise growth. CIOs should continually reinforce this message and reward these behaviors in their IS organization.” About Gartner EXPGartner Executive Programs (EXP) is a membership-based organization of more than 3,600 CIOs worldwide. Designed to enhance CIO productivity and professional development, Gartner EXP provides a single source of research expertise, one-to-one counsel and the shared intelligence of thousands of CIOs. Additional information about Gartner EXP can be found on the Gartner Web site at www.gartner.com/exp. 

BharatMatrimony appoints K.B.Chandrasekhar as its Independent Director

Chennai, July 19, 2007: The BharatMatrimony Group, India’s leading internet group, today announced the appointment of Mr. K.B.Chandrasekhar as an Independent Director on its board. Mr. K.B Chandrasekhar (Chandra) comes with over 26 years of experience in various functional areas of the IT and Internet Industry. BharatMatrimony Group also has to its credit Mr. Alok Mittal, Managing Director of Canaan Partners and Mr. George Zacharias, MD of Yahoo India as its Board of Directors. Mr. Chandrasekhar is the co-founder, CEO & Chairman of Jamcracker, co-founder and Chairman of e4e Inc., a global technology holding company and Chairman of Aztecsoft. In his illustrious carrier, he founded Exodus Communications. Exodus went public in March of 1998 in one of the most successful IPO’s of 1998. Chandra’s first entrepreneurial venture began in 1992 with Fouress, Inc., a network software design and development firm. In 1999, Chandra was honored as the Ernst & Young Northern California Entrepreneur of the Year. Welcoming Chandrasekhar on the board Mr. Murugavel Janakiraman, Founder& CEO, Bharatmatrimony Group said, “We are happy to have Mr. K B Chandrasekhar on our Board. He brings with him a wealth of experience and his presence will add immense value to the Company.”  Chandra established the Anna University – K.B. Chandrasekhar Research Centre (AU-KBC Research Center) at the Madras Institute of Technology (MIT) campus of Anna University. 

MS launches Global ‘Office Ready’ initiative in India for Microsoft Office 2007

Partners to enjoy simplified licensing policy, lower support costs and more profitable opportunities to sell products and services

·         Customers will experience the complete features of original Office software for 60 days before making purchase decisions

New Delhi, July 19, 2007 – Microsoft Corporation India Pvt Ltd today announced the launch of its global ‘Office Ready’ initiative in India. ‘Office Ready’ is a part of the post launch go-to-market strategy for 2007 Microsoft Office. The initiative is aimed at enabling partners enjoy a simplified licensing policy, reduce inventory management and support cost; and offering more opportunities to sell products and services profitably. From a customer perspective, the initiative will allow the customers to experience the complete features of Microsoft Office Professional 2007 for 60 days before making a purchase decision.

The Office Ready initiative makes it easier for partners to sell Microsoft Office suites with a new PC. System builders can purchase Microsoft Office Medialess license kits from distributors and OEM’s, install the Office Ready image on their PC’s and sell them with a 60-day trial of  Microsoft Office Professional 2007 to the customers. Once the customer has tried the enhanced features of the new Office 2007, they can buy the product key for the suite of their choice from the reseller anytime with in or post the trial period.

2007 Microsoft Office release is the most significant advancement in Office from Microsoft in more than a decade. Customer adoption has crossed over 1,75,0,000 licenses for 2007 Microsoft Office since its business launch in November 2006.

Commenting on the launch, Pankaj Ukey, Office System- Product lead, Microsoft Corporation India, said, “The success of Microsoft Office 2007 in the Indian market is very encouraging for us as a Company. The launch of this initiative marks a significant step forward in our go-to market strategy in India. By launching the Office Ready initiative our endeavor is to enable more and more customers experience this revolutionary product and simplify software distribution by the partner community. This initiative will allow our partners to sell PCs with pre-installed trial version of original Office; cutting down their inventory and support cost significantly resulting in increased profitability. We are confident that the initiative will help us drive much wider adoption of 2007 Microsoft Office in India,” he further added.

Microsoft has a partnership with four OEMs including HP, Lenovo, Acer and Toshiba  for ‘Office Ready’. Over 1778 system builders have purchased 3579 Microsoft Office Ready OPK Masterkits within three weeks of the program launch.

2007 Microsoft Office release has a new streamlined ‘Fluent’ user interface that exposes commonly used and familiar commands, enhanced graphics and formatting capabilities, new communications and information management tools and more reliability and security. The latest release helps increase personal productivity, simplifies how people work together, makes processes and content management more efficient, and improves the quality of business insight across organizations.

ICICI Bank Car Loans presents CNBC Auto Evolution

 CNBC Awaaz Auto Evolution Series

~India’s Most Comprehensive & Credible Guide to the Auto Sector~

Chennai, July 18, 2007: The Indian automotive industry has witnessed an exponential growth in last few years. The improvement in living standards and increase in the disposable income of the middle class are considered as the two important factors that have contributed to this growth.

Relaxation of foreign exchange regulations, reduction of tariff on imports and refinement in banking policies initiated by the Government of India, have played an equally important role in taking the Indian Automotive industry to great heights.

CNBC Awaaz , India’s premier Consumer and Business channel & ICICI Bank Car Loans has launched the Auto Evolution Series in Chennai today.

The launch began with a panel discussion comprising of industry experts like – Jagdish Khattar, Managing Director, Maruti Udyog, Pawan Goenka- President, Mahindra & Mahindra, Ravi Kant- Managing Director, Tata Motors, Madhur Bajaj- Vice Chairman, Bajaj Auto, Ravi Narayanan- Head ICICI Bank, Car loans, Peter Kronschnabl- President, BMW India and Jairaj Jatar- Director and Head Motoresearch, Synovate. The discussion was moderated by Harsha Subramanium.

The series began with a focus on the booming sector while at the same times addressing the issues and challenges faced by the industry. The increased demand for Indian automobiles has resulted in a large number of multinational companies making a debut in the Indian market, with manufacturing facilities in key locations in India. Chennai is slowly and steadily becoming a favorite among such locations besides other locations in India like Pune, Jamshedpur, Gurgoan and Kolkata.

The lack of an organized platform tracking the growth of this industry and charting a blueprint for its future has prompted CNBC Awaaz to set in motion the Auto Evolution Series – a comprehensive and credible guide to the Indian Auto sector.  

The following three aspects form part of the Auto Evolution Series:

-         Auto Evolution Forums highlighting the future of the auto industry in the country

-         Auto Consumer Satisfaction Index – the ultimate consume satisfaction guide that will s et benchmarks for the automobile manufacturer, distribution channels and policy makers.

-         India’s most comprehensive Auto portal – a one-stop solution to what India drives

Speaking on the occasion of the launch of the series, a CNBC Awaaz spokesperson said, “There has been a drastic increase in the number of cars being sold and new models that have been launched every month in India. CNBC Awaaz has always provided the Indian consumer a platform to express their views and make intelligent, informed decisions. Auto Evolution series is a pioneering initiative which seeks to inform viewers about the automobile sector and help them make better choices when they want to deal with the sector – either as a manufacturer, a distributor or a consumer.”

The panel discussion in Chennai provided automobile industry insights, covering aspects like business models, segmentations, technologies and social aspects which affect the consumer directly.

Tavant Technologies Recognized as Top 50 Mortgage Technology Provider

Sustained customer satisfaction, breadth of services & solutions and technology leadership lead SourceMedia’s Mortgage Technology Magazine to confirm Tavant as one of the top vendors in the mortgage industry Bangalore, July 18, 2007: Tavant Technologies, a leading provider of IT solutions and services to the mortgage industry, today announced that Mortgage Technology Magazine has acknowledged Tavant’s leadership in the mortgage technology space by designating the company as one of the magazine’s Top 50 Mortgage Technology Providers. The four major criteria for inclusion in the list were customer satisfaction, functionality, a viable revenue model, and market share. Special emphasis was placed on Tavant’s proven ability to provide a high degree of functional value to mortgage lenders. “This nomination validates our strategy and value proposition to the Mortgage industry,” says Sarvesh Mahesh, CEO of Tavant Technologies. “Our relentless passion for customer satisfaction and our leading lending platforms that enable lenders to improve their operations and efficiencies are being recognized across the industry. We are also proud to be the only offshore-based IT service provider named in the Top 50 list.” Tavant offers a unique value proposition that combines leading Point-of-Sale and Loan Origination Systems based on Tavant’s Enterprise Lending Platform and a complete range of IT services. This positions Tavant as an end-to-end partner to lenders for the optimization of lending operations through technology. Tavant is an expert in service-oriented architectures. It uses this expertise and its component-based platform to work with lenders on solutions that leverage existing IT system investments, rather than replacing them, through a “surround not replace” approach. Tavant’s Enterprise Lending System platform was recently chosen as the universal home finance sales support system by a top 20 US lender in an exercise in which 21 other leading vendors were evaluated. Tavant’s Default Management Solution, which was launched in October 2006, has given a quick ROI to a top sub-prime lender. Tavant recently also announced the launch of a customizable end-to-end lending solution for Conduits and Correspondent lenders. The lending solution allows Conduits to foster deeper relationships with correspondent partners and dramatically improve the efficiency of loan transactions and securitization operations.

Gemini Communications Q1FY08 Net Profit up by 150% at Rs. 7.54 crore

Chennai, July 18, 2007: Gemini Communication Ltd (GCL), a Chennai based leader in communications and networking solutions and pioneers in the field of System Integration, today announced a 150.28 per cent rise in net profit at Rs 7.54 for the first quarter ended June 30, 2007 compared to Rs 3.01 crore in the corresponding quarter last year. Income from operations rose by 61.46 per cent at Rs 56.85 crore compared to Rs 35.21 crore during the corresponding quarter last year. The company reported a 150.28 per cent rise in net profit after tax at Rs 7.54 crore compared to Rs 3.01 crore for the same quarter in the previous year 2006 (ended on 30-06-2006). Meanwhile, the profits from operation (EBITDA) grew 163.10 per cent at Rs 11.63 Crores compared to Rs 4.42 crores in the same quarter in the previous year 2006. Meanwhile, the book order position stood at Rs. 135 crore as on June 30, 2007 and would be in receipt of orders for about Rs.100 Crores further. The company would soon launch its new products – WIMAX, RFID and Radio Modems. WIMAX would give the Gemini the status of entering into Wireless segment on a very large scale as a pioneer and technology trend setter. Commenting on the results, Vijay Kumar, Managing Director Gemini Communication Ltd., said, “It has been a significant quarter with the new product launch, new customers and entering global capital markets.”    “On QoQ basis, our operating margins have increased from 12.56 percent to 20.47 percent and the PAT margin of 13.26 percent is our highest ever,” added Mr. Vijaykumar.