Progressive Infotech receives Frost and Sullivan award

Progressive Infotech received the growth strategy leadership award for Best
Remote Infrastructure Management Services in India by Frost & Sullivan. This
award is given each year to a company that has demonstrated an exceptional
growth strategy within their industry.

Progressive's Remote Infrastructure Management (RIM) services portfolio
incorporates end-to-end IT infrastructure monitoring and management encompassing
networks, systems, applications, database services and managed security
services. It registered a Rs 110 crore turnover in 2006-07, a 46 percent rise in
revenues on YoY basis. The company has expanded its growth by opening offices in
various cities and it is now present in more than 100 locations across India.

"The award is given to Progressive Infotech based on the specific criteria
evaluated by Frost & Sullivan analysts. Progressive exhibited leadership in
domestic RIM marketplace in terms of marketshare, growth/competitive strategies,
innovation or those have done things differently for the advancement of the
industry, " said Dr TR Madan Mohan, Director-Consulting, ICT Practice, Frost &
Sullivan.