April 4, 2008

Infotech Enterprises announces MoU with Cipet

Infotech Enterprises Ltd has announced that the Company has signed an MOU with CIPET (Central Institute of Plastics Engineering and Technology). The MOU was signed by Mr. B.V.R. Mohan Reddy, Chairman and Managing Director, Infotech Enterprises Ltd and Mr. P Poomalai, Dy. Director, CIPET, Hyderabad.

This is the first ever MOU to be signed by Infotech with an institute which specializes in Plastics. The primary objective of this MOU is to jointly work for the purpose of enhancing the quality of technical education imparted to students of CIPET the field of CAD, CAM & CAE, in related Mechanical, Aeronautical and other branches associated to the nature of works carried out by Infotech. This MOU is valid for a period of three years.

The scope of the collaboration envisages increasing the employability of students by offering internship on live projects at Infotech, conducting special technical lectures by Infotech senior practioners for students at campuses, conducting soft skills development programmes and working with CIPET management towards strengthening the curriculum to align the industry requirements with the institute.

On the occasion of signing the MOU, Mr. B.V.R. Mohan Reddy, Chairman and Managing
Director, Infotech Enterprises Ltd said, "This is a mutually rewarding partnership for
Infotech and CIPET. For CIPET this relationship will ensure that Students are readily
employable and for Infotech creates much needed capacity of quality Engineering Talent."

Mr. B Ashok Reddy, President Global Human Resources and Corporate Affairs, Infotech Enterprises Ltd said, "Besides offering programs on soft skills, we would encourage our senior technical executives to spare their time in imparting knowledge on the latest developments in Technology through a visiting faculty program".

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