Ohio, USA 8th October, 2005: Visesh Infotecnics Ltd (India) and Cyberworks Software Inc (USA) today announced the merger of their Business Process Outsourcing Divisions.

Cyberworks Software Inc. (CSI) headquartered in Cleveland USA, a high-end IT contract consulting services Company catering to the specialized needs of several Fortune 1000 companies in America, announced that the two Companies have agreed to work together, through a new Joint Venture Company established in USA, as “Cyberworks Visesh LLC”, to be owned 50% each by Cyberworks & Visesh. This new entity, combines the ISO certified infrastructure and management of Delhi-based, Visesh Infotecnics Ltd, one of India’s fastest growing publicly traded technology companies with the resources of Cyberworks Software Inc, a US based corporation and leading edge 21 year old technology company.

Speaking on the occasion, Mr. Vivek Burhanpurkar, a pioneer in the areas of artificial intelligence and robotics and founder of Cyberworks Inc. in 1984, said, “The resulting merger provides our clients a combination of reduced costs, world class quality assurance systems and advanced infrastructure. Visesh provided us with a technology-savvy partner with unmatched technical delivery skills and the stability of a mature IT organization that, like us dates back to the 1980’s”.

As part of the agreement, Cyberworks shall immediately transfer its ongoing BPO campaigns to the new JV and continue to market its services to its existing and new clients, while Visesh would provide all outsourced services to such clients from its BPO units at India. Visesh would commence delivery initially from its Gurgaon unit by November, 2005.

CEO of Visesh Infotecnics Ltd. said, “Cyberworks is a highly respected and globally networked organization with a successful track record as a technology innovator serving large Corporations. The Company is led by a visionary management team and we look forward to the many benefits this relationship will bring in to Visesh and its Stakeholders; and believe that this is an important stepping stone in our efforts to break into new markets and the high growth field of Knowledge Process Outsourcing.”