ICICI Infotech Injects ERP into Pharmaceuticals Sector; Orion@Pharma Extends ERP II Solution to New Vertical.

Business Editors/High-Tech Writers

EDISON, N.J.--(BUSINESS WIRE)--Sept. 8, 2003

ICICI Infotech Inc., a global technology solutions company, has launched Orion@Pharma. The second generation ERP product will enable mid-size organizations to integrate and streamline business processes, from procurement to distribution and sales management.

Orion@Pharma targets specific business need such as batch tracking, including expiry date tracking, recipe management, and supply chain management. The solution addresses USFDA guidelines, quality standards like cGMP, and can be configured for operations across numerous locations spanning multiple divisions.

Management Sciences for Health, Inc., a global educational and science organization based in Boston, MA, has selected Orion@Pharma, to help manage, and evaluate pharmaceutical sector activities in developing nations.

"We already have five installations of the Orion@Pharma solution worldwide, including Glaxo SmithKline's Middle-East operations, but this launch will expand our presence as a major ERP vendor in the US market," said Hari Padmanabhan, President & Head of the Enterprise Solutions Group at ICICI Infotech. "With our domain expertise, our focus will be implementations in the mid-size segment."

There are both ASP and hosting models available, and ICICI Infotech will offer the solution for SMEs on the hosted model. ICICI Infotech has more than 500 implementations of its Orion suite of products across 30 countries for different verticals, including manufacturing and retail.

"The modular approach means implementation is complete within four to five months. That also adds up to a lower total cost of ownership and a better return on investment to the enterprises," said V. Srinivasan, Managing Director and CEO of ICICI Infotech Inc.

About ICICI Infotech Inc.

ICICI Infotech Inc. is the US arm of a global technology solutions company. It provides a wide range of IT services and solutions to financial, insurance, retail, manufacturing, and government organizations.

ICICI Infotech addresses the critical challenges of today's business community with innovation and initiative, and delivers quality services and products that integrate and optimize technology. The company's services are delivered through the use of seamless on-site and offshore project teams and strategic staffing solutions.

ICICI Infotech Inc. has its headquarters in Edison, New Jersey, and has an additional office in Farmington, Connecticut. For additional information visit: http://www.icici-infotech.com/us/