New Delhi, June 30, 2005- Impetus Technologies (www.impetus.com), a leader in outsourced software product development, today announced the launch of its product spin-off company, Intellicus Technologies (www.intellicus.com) in India. Conceptualized and developed in India, Intellicus is a next-generation Web-based Enterprise Reporting Suite that provides a platform for intelligent information delivery.

Speaking at the launch Praveen Kankariya, CEO , Impetus Technologies said, "It is a proud moment for us at Impetus to introduce Intellicus in India. Outsourced software product development has been our core specialization since Impetus' inception in 1991, and Intellicus personifies all the experience we have gained over the past 15 years. With this flagship product we are now looking to develop an extensive client base in India. Taking on from the early success of Intellicus in the US market and the growing adoption of business intelligence in India, we feel this is the right time to launch Intellicus in India."

Web Reporting forms an intergral part of Business Intelligence solutions. This market in India has been growing at a tremendous rate and has seen revenues of $33 million in 2005. This figure is expected to touch $70 million in 2007 driven by IT, telecom, banking and financial services and the insurance sector.

Pankaj Mittal, Chief Technology Officer, Intellicus Technologies, said, "A sales team has been appointed recently in India and we have been pleasently surprised at the response we have been receiving. Our sales team is in discussions with some Indian software product and services companies and we are cautiously optimistic that we would sign some customers in this next quarter. A 24X7 technical support center in India has been established to support these clients as well as those in North America."

Researched and Developed by a team of 5 core engineers, the Intellicus Product Reporting Suite has been built with contemporary Web technologies. Supporting multi-platform deployments in large load-balanced clusters, Intellicus is one of the most powerful reporting systems in the enterprise category and supports applications on Windows, Unix and Linux, among others.Intellicus facilitates frictionless and future-proof reporting on the Web, enabling intelligent data analysis and utilization. Using state-of-the-art technology, Intellicus has developed a zero-footprint client, and has yet managed to keep the server memory footprint extremely lean and optimal. This greedy usage of resources, and its ability to work on Linux, helps our customers install high-end reporting servers at an extremely reduced hardware cost. Providing predictable, consistent information in the form of reports with inbuilt security, scheduling, and delivery options, the product suite alleviates the onus of using multiple heavy-weight systems for report generation and delivery; thereby bringing down the time and cost of reporting.

"Our product has a low cost of training and a near-zero administration and maintenance cost, making it one of the most valuable offerings in this area", added, Pankaj Mittal.

Enterprise Web reporting tools, allow companies and organizations to gain a better understanding of their business by putting information in the hands of those who need it - employees, managers, partners, and customers. Intellicus is capable of accessing all of the information assets in the enterprise, and supports wide-scale deployment. Also, it caters to specific high-end requirements of data security, report scheduling, complex calculations and charting etc., that make information analysis more convenient.

About Intellicus:

Intellicus is one of the leading providers of the next generation reporting and business intelligence solutions. Incorporated in 2003, Intellicus has grown globally with implementations across Asia, Europe and America. Intellicus' next generation capabilities have been adopted by the likes of 3M, OptionCare Inc., WellsFargo Bank, Citadon Inc., The Carlisle Group and BestBuy, amongst others.

For more information, visits www.intellcus.com

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