Released on: August 11, 2008, 3:10 am

Press Release Author: Mandar Thosar

Industry: Software

Press Release Summary: e-Zest has completed its eight years of incorporation on
August 8, 2008 with dozens of new clients, impressive growth figures and addition of
new services and territories to its portfolio.

Press Release Body: e-Zest, an outsourced software product development company, has
entered 9th year of its incorporation on a very special date i.e. 08-08-08. On 8 th
August 2000 e-Zest started its business as a Pvt. Ltd. company with three founder
members (Devendra Deshmukh, Amol Pande & Ashish Gupta) and hasn't seen back since
then. Year on year growing at an impressive rate it has reached today to
considerable size of 150 people organization specialized in providing niche global
software product engineering services to ISVs.

Against the backdrop of US slowdown, e-Zest has managed to keep growth momentum by
adding newer services to its portfolio like social application development, SaaS
enablement/transition consulting and implementation. It has responded forthwith to
the call of Web 2.0 demands by offering Enterprise 2.0, SaaS and SOA based
application development services. e-Zest has also brought European region to its
radar a year before and will continue to focus on this territory .

e-Zest's sales is moving upwards, both through existing and new clients. e-Zest has
made no changes to its strategic growth plans and confident of achieving them as per
timeline. e-Zest is moving ahead with its plans to expand in domestic market as
well. e-Zest has always concentrated on building deep domain capabilities towards
vertical growth.

Last year's highlights includes setting up of O2Mania - Green movement initiative by
e-Zest team members, partnership with Environment Group 'Alert' based in Pune,
acquisition of major clients in e-Learning, Healthcare, Legal, Human Capital
Management domains. e-Zest also ventured into LPO business through a joint venture
with its existing customer.

e-Zest celebrated its anniversary at hotel on beautiful sea-shore of Konkan. It was
a jam packed celebration featuring fun games, water sports, ad mad show and
individual team member performances.

On the occasion of e-Zest foundation day, the directors and key members expressed
their feelings and shared some wonderful moments about their experiences at e-Zest.

Devendra Deshmukh said expressing deep gratitude, "Our people are our asset. We
believe our assets go down elevator every evening. I am happy to have all our team
members working relentlessly for achieving client delight and ultimately for the
progress of company."

Amol Pande credited the success of e-Zest to its customer centric approach through
process driven development, high level business professionalism, family work
environment, and open & transparent organizational culture. All these factors along
with quality selection procedures has helped e-Zest managing its attrition rate
lower than industry.

Ashish Gupta explained e-Zest CMMI assessment plan for CMMI-level 3. "CMMI-Level 3
assessment is scheduled for Early 2009. Also, with more certified IT professionals
hiring, e-Zest is expected to double its team size by the end of next year."

e-Zest is confident about the 9th year of operations and is strongly poised for
growth. e-Zest is committed to offer best workplace to team members and delight to
all customers.

Web Site: http://www.e-zest.net

Contact Details: e-Zest Solutions Ltd.
1229A Prithvi heights
Sadashiv peth
Pune 411030
Maharashtra India
+91-20-24463391/2/3/4