Tulip IT changes name to Tulip Telecom

Tulip IT Services Ltd has informed that the Board of Directors of the Company at its meeting held on March 14, 2008, inter alia, has considered the following business, subject to the approval of the shareholders, through the postal ballot:

1. Change of name of the Company from "TULIP IT Services Ltd" to "Tulip Telecom Ltd".

2. Appointment of Mr. Deepinder Singh Bedi, as a Whole Time Director pursuant to Section 269 read with schedule XIII of the Companies Act, 1956.

Tulip IT Services bags ASSAM State Wide Area Network project worth Rs 57.72 Cr

Tulip IT Services Ltd has announced that the Company has been awarded the Assam State Wide Area Network Project. The project will be implemented on Build Own Operate & Transfer (BOOT) model and the total value of the project is in excess of Rs. 57.72 Crores. The Company will deploy manage and operate the entire network for a period of 5 years.

The scope of the project includes supply and installation of network equipment across the State, as well as operation and maintenance of the project for a period of 5 years. The network supports data, voice and video, and will enable the State to implement various e-Governance initiatives. This will be a total IP Network based on open standards having scalability and high capacity. It is planted to meet the present and future requirements of the Government of Assam. On completion of this project the Government of Assam will have an integrated backbone for common citizen services, online monitoring of performance of various promotional schemes, integration of data bases of various Government departments unified communication, etc.

Commenting on the development. Lt. Col. H S Bedi, VSM, Chairman & Managing Director, of the Company said, "We are very proud to be associated with the Assam SWAN and our previous experiences in Haryana and West Bengal will help us immensely in ensuring successful implementation of the project. Our technology expertise and our in-depth experience in setting up governance infrastructure made us the partner of choice in setting up of e-governance infrastructure in the Country.”"

"The Assam Government has taken a very progressive step by deciding to enhance the existing ICT infrastructure in the state. Setting up of the SWAN will allow the citizens access to information in real time and will bring about greater transparency and efficiency in delivering government services in the state."

With this project, the Company has further strengthened its position in the field of setting up eGovernance infrastructure. The Company supports various eGovernance projects through its reach in various rural parts of India and has implemented the Akshaya Project for the Government of Kerala and is presently implementing Haryana & West Bengal SWAN Projects. The Company has also implemented Data Center projects for various State Governments over the past year.

Tulip IT Services

Tulip IT Services Ltd on September 19, 2007 has announced that it has been awarded the West Bengal State Wide Area Network Project. The network will be established on the Build Own Operate & Transfer (BOOT) model and the total value of the current component of the bid, that has been awarded to the Company, is in excess of Rs 53 Crores. The Company's Services will deploy, manage and operate the entire network for a period of five years.

The scope of the project includes expansion of the existing State infrastructure beyond districts to connect all Sub-division, Block Headquarters and Gram Panchayats, as well as managing operation of the entire network for a period of 5 years. The network supports data, voice and video, and will enable the State to implement various e-Governance initiatives. With this project, the State of West Bengal aims to strengthen its position under the National e-Governance Plan of Government of India.

This will be a total IP Network based on open standards having scalability and high capacity. It is planned to meet the present and future requirements of the Government of West Bengal. On completion of this project, the Government will have an integrated backbone for common citizen services, online monitoring of performance of various promotional schemes, integration of data bases of various Govt. departments, unified communication, etc.

Lt. Col. H S Bedi, VSM, CMD, of the Company, said, "It is a privilege for Tulip to be a part of the prestigious National e-Governance Plan of Government of India (NeGP) & we are really happy to extend our expertise for the successful deployment of the West Bengal SWAN. We are implementing a similar project in Haryana, and we are all set to repeat our success in West Bengal. Tulip's extensive presence across almost every district in India, uniquely positions it as a leading provider of eGovernance services."

With this win, the Company has further strengthened its position in the field of setting up eGovernance infrastructure. The Company supports various eGovernance projects through its reach in various rural parts of India and has implemented the Akshaya Project for the Govt of Kerala and is presently implementing the Haryana SWAN Project. The Company has also implemented Data Center projects for various State Governments over the past year.