EMC commits to double investment in India

EMC Corporation, announced its third phase of investment in the Indian
market. It has committed to double its existing investments in India by 2010
from $250 million announced in February 2005, to over $500 million. EMC also
announced it will set up a Centre of Excellence in e-governance (CoEE) to assist
the central and state governments with their e-governance information management
and storage needs. The announcement was made by Joe Tucci, Chairman, President
and CEO, EMC Corporation in New Delhi.

Addressing a press conference, Tucci said, “India has rapidly become one of
the most strategic markets for EMC's expanding global business. Our new plan
to double our investment in India is the direct result of the great success we've
had helping hundreds of organizations with their information management needs
and the tremendous opportunity we see in front of us. India is a remarkable
country in so many ways, from its vast population of scientists and engineers
and the priority given to education, to the rapid growth of its economy, and the
government's intensive focus on IT and e-governance. We see a great future for
EMC in India, and we look forward to providing the technology and solutions that
can help India progress towards its goal of becoming one of the world's
leading information-based societies.”

JOE TUCCI, Foresee great future for EMC in India

EMC's additional investment in India will be used to grow the Indian market
for information management, expand the sales and marketing infrastructure and
strengthen R&D presence in India. EMC has committed that by 2008 customers
in the 60 largest cities in India will be able to purchase EMC products and
solutions through its partner network.

Officials informed that the recently announced CoEE will leverage EMC's
expertise in information management and storage to help government agencies
build an intelligent information infrastructure as they deal with vast amounts
of structured and unstructured information. The CoEE will work in close
partnership with the Ministry of Communications and Information Technology.

Commenting on EMC's third phase of investment in India, Thiru Dayanidhi
Maran, Minister for Communications and Information Technology, Government of
India said, “We welcome this additional investment commitment by EMC as we
continue to work to attract more investment by leading technology leaders. The
UPA government will continue to partner with leading organizations like EMC to
build an intelligent information infrastructure for all of our citizens to
transform India into a knowledge economy.”

Elaborating on EMC's success and future roadmap in India, Manoj Chugh,
Country Manager-India and SAARC region, EMC, said “EMC has been increasing its
investment and commitment to India every year for the last three years, and we
are very pleased by the results. Today, EMC is the leading provider of
information management and storage in India with over 350 customers, and
Bangalore is home to EMC's largest software development effort outside North
America. Today's announcement will further boost our commitment and help us
better meet the information infrastructure needs of India.” he added.

DQC NEWS BUREAU