HCL Tech acquires HCL Enterprise Solutions

HCL Technologies has acquired 16.33% stake in HCL Enterprise Solutions (HES),
from Computech Corporation, making the company its fully owned subsidiary. HCL
Tech acquired HES through its wholly owned subsidiary - HCL Technologies
(Bermuda) (HCLB). HCL has now completely taken over the JV, which will
henceforth be solely owned and managed as HCL Technologies (HCLTI) from
Illinois, USA.

The acquisition has enabled HCL to gain a strong onsite presence in the US
ERP market and the company is leveraging on this onsite capability to provide
end-to-end ERP solutions to several Fortune 2000 companies. HCL also proposes to
leverage HCL TI's strengths to enhance its presence and offerings in the
Peoplesoft and SAP domains.

HES was set up as a 51:49 JV between HCL Technologies and Computech
Corporation in 2001, to focus on the enterprise application integration (EAI)
market.

CYBERMEDIA NEWS

APPOINTMENTS

Roamware Inc has appointed Rupesh Bhambwani as Country Manager for the SAARC
region. He will develop new accounts and expand existing markets for Roamware in
the SAARC region. Rupesh will be responsible for business development,
relationship management and profitability in the South Asian region.

Rahul Patwardhan is appointed as CEO, application management at LogicaCMG,
for its offshore and nearshore operations based in Bangalore. He will function
as a key member of the company's global delivery team. He will be responsible
for all the application maintenance and support work undertaken in its offshore
and nearshore locations.