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Sankhya Technologies has been short listed by NASSCOM for the IT Innovation in
India - Southern Region

Visakhapatnam, India. October 25, 2004 - Sankhya Technologies has been short listed by NASSCOM for the IT innovation in India Southern Region. This is as part of the NASSCOM s initiative for identifying Innovative IT companies from Southern, Western and Northern regions of India.

Innovation, as defined by analysts and industry watchers, is the ability of an organization to be different, creative, dynamic and take the unbeaten path. The innovators in the ICT sector are companies that have built products that are possibly firsts within their respective categories, which have launched services that break the traditional mould, have taken the non-typical route to new markets, explored and tapped these geographies and have resorted to imaginative strategies to sustain growth and stay ahead of their peers.

The six short listed companies from the southern region will be show cased at the Bangalore IT.Com. Mr. Gopi Kumar Bulusu Managing Director and Chief Architect of Sankhya Technologies will be making a presentation at the IT innovation in India at Bangalore IT.com on the 3rd of November 2004.

About Sankhya:
Sankhya Technologies is a leading distributed system software development company. Sankhya is focused on research and development activities in the areas of software development tools and application platforms for embedded and enterprise application development.

Corporate headquarters are located at #30-15-58, "Silver Willow", Third Floor, Daba Gardens, Visakhapatnam 530 020 INDIA. Website: www.sankhya.com

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SANKHYA and SANKHYA TECHNOLOGIES are trademarks or registered trademarks of Sankhya Technologies Private Limited. All other trademarks mentioned in this document are the property of their respective owners.

This document may contain forward-looking statements that are subject to change without notice.

For more information,
please contact: Mr. Raj Kiran Ayyagari
Sankhya Technologies Private Limited,
Tel: +91 891 5542 666,
Email:pr@sankhya.com
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Regd Office: #13/2, Third Floor, "JayaShree", First Street, Jayalakshmipuram, Nungambakkam, Chennai 600 034 India

www.sankhya.com