3i infotech's ORION(TM) PFM Announces 20% Increase in Customers; US subsidiary acquires new customers at a record rate.

EDISON, N.J. -- 3i Infotech, a global provider of information technology solutions, announced today that a growing number of leading manufacturing and distribution companies have adopted ORION(TM) PFM, designed to suit the special needs of the process manufacturing industry.

New customers include those in verticals such as lubricants, paints and coatings, adhesives and janitorial-sanitation requirements. This growing list has contributed to a 20% increase in ORION(TM) PFM customers since 3i Infotech's acquisition of FormulaWare in October 2005. This demonstrates the ongoing demand in the mid-market process manufacturing industry for specialized solutions.

"In less than a year, ORION(TM) PFM has demonstrated its ability to meet the challenges of a wide range of manufacturing industries," said Sharad Vajpayee, Vice President - 3i Infotech Inc. "This significant gain in customers over a short period of time reflects market recognition of our cost-effective, full-featured software designed specifically for the process manufacturing industry."

3i Infotech continues to expand the ORION(TM) PFM product through more robust regulatory reporting, ease of use and improved scalability and performance through Microsoft's SQL server database technology.

About 3i Infotech Limited

3i Infotech (www.3i-infotech.com) provides information technology solutions through its range of solutions for manufacturing, retail & distribution, banking & finance and e-governance. It is one of India's top 5 software product companies and the fastest growing Indian software product company in FY 2004-2005, with respect to software product sales in India and around the globe(a). The company is SEI CMM Level 5-compliant for its Software Services and the company is ISO 9001:2000 certified for its Infrastructure and Business Process Outsourcing Services.

Using its domain knowledge and through continuous investment in technologies, 3i Infotech helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, system integration services, IT infrastructure and disaster recovery solutions. 3i Infotech serves customers in 45 countries has a presence across 5 continents.

(a) Source: Dataquest Special Issue: Industry Overview (July 15, 2005)

Disclaimer: Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.