BWI: Ramco Systems wins Order from MAS GMR Aerospace Engineering

Press release from Business Wire India
Source: Ramco Systems Limited
Tuesday, January 04, 2011 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment, Travel & tourism; Technology
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Ramco Systems wins Order from MAS GMR Aerospace Engineering


Chennai, Tamil Nadu, India, Tuesday, January 04, 2011 -- (Business Wire India) -- Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); a leading software company focused on consulting, products, and managed services, today announced an order win from MAS GMR Aerospace Engineering Co. Ltd. for its Airframe Maintenance, Repair & Overhaul (MRO) suite of Aviation software offerings.

MAS GMR Aerospace Engineering Company Limited is a 50:50 joint venture between Malaysian Aerospace Engineering and GMR Hyderabad International Airport Limited. The company was set up to develop a world class third party state-of-the-art airframe MRO facility that will cater to the needs of its airline customers at the Rajiv Gandhi International Airport in Hyderabad, India.

Speaking on the occasion, Mr. Kamesh Ramamoorthy, COO, Ramco Systems said "It has been a great year for our Aviation business and the MAS GMR win is an icing on the cake. We are excited to be partnering the new green field airport project at Hyderabad. This was a challenging order win as we were competing with some of the biggest players in the industry.

Ramco was chosen post a rigorous evaluation of several applications, as we were technically the best fit, and had a strong customer base. This win has further strengthened our portfolio of servicing best-in-class companies in the Aviation Industry."

Ramco's MRO Solution for maintenance and also for original equipment manufacturers provides complete Sales Management functionality, seamlessly integrates with Engineering Management, Materials, Procurement Management and Hangar, Shop & Line Maintenance.

"We are very happy to be associated with Ramco Systems. I wish to appreciate Ramco's commitment and ability to meet all the stringent timelines laid down by us, at all stages of proposal submission and product demonstration. We look forward to a mutually beneficial relationship and business association" added Mr. R V Sheshan, CEO, MAS GMR Aerospace Engineering.

About Ramco Systems:

Ramco Systems, a part of the USD 875 million Ramco Group, is a leading software company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 100,000 users from 800+ customer organizations since inception. The company currently has 14 offices spread across India, US, Europe, Middle East and APAC and employs over 1,400 employees.

Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorksT. Ramco Systems has seven major product suites - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on SaaS), Ramco Enterprise Information Management Suite, Ramco Advanced Process Control, and Ramco Mine Management. Strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Service, BFSI, Aviation, Government and Defense.

Ramco Systems has been assessed for ISO 9001:2008 and ISO 27001:2005 information security standards. Ramco's BPO unit is SAS 70 Type II certified.

"Ramco Systems Limited ("the Company") is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed a draft letter of offer ("DLOF") with the Securities and Exchange Board of India ("SEBI"). The DLOF is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled "Risk Factors" of the aforementioned DLOF. The distribution of the DLOF to persons in certain jurisdictions outside India may be restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession the DLOF may come will require them to inform themselves about and observe such restrictions. The equity shares proposed to be issued have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India (including but not limited to any securities laws in the United States) and may not be offered or sold, and persons in any such jurisdiction shall not participate in the proposed issue except in compliance with the applicable laws of such jurisdiction".

For more information, please visit www.ramco.com

Follow Ramco on Twitter @ramcosystems /read latest news & updates on http://www.ramcoblog.com/

About Ramco Aviation

Ramco Systems is the world's largest provider of Aviation Maintenance & Engineering (M&E) and Maintenance Repair & Overhaul (MRO) Software Solutions. Ramco's customers include Pinnacle Airlines, Chautauqua Airlines, Shuttle America, Phi, Air Methods, Era Helicopters, Caribbean Airlines, AeroMexico Connect, Republic Airlines, TACA Regional, JEJU Air Co. Ltd. Gulf Helicopters, Indian Airlines, KD Avia, Air New Zealand's-Safe Air Limited MRO Operation, Columbia Helicopters, Air Medical Group, AlSalam Aircraft Co., Jazeera Airways, ADAC Luftfahrt Technik, AirWorks, EnerJet, and Yemen Airways amongst others.

For more information, please visit www.ramcoaviation.com


CONTACT DETAILS
Vinitha Ramani, Ramco Systems Ltd., +91 9840368048, vinitharamani@rsi.ramco.com
Twinkle Xavier, 20:20 MEDIA, +91 9884480115, twinkle@2020india.com

KEYWORDS
CONSUMER, TOURISM, MARKETING, BUSINESS SERVICES, IT, MEDIA, TRAVEL, TECHNOLOGY

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