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3i Infotech empowers Rural India through I-SERV
A nationwide initiative to make rural India e-sufficient and self -reliant

Delhi - December 10, 2008 - 3i Infotech, a global Information Technology company, today announced the launch of I-SERV, a brand for its retail services. Under the I-SERV brand a comprehensive range of value-added services will be provided to consumers, specifically to those in the remote rural areas, thereby empowering them to carry out various day-to-day activities and improve quality of life. 3i Infotech will deploy technical infrastructure and manpower support to deliver these services related to Banking, Insurance, Mobile, Education, Ticketing and Utilities.

3i Infotech will offer these services through 12,500 stores across nine Indian states including: Haryana, Uttar Pradesh, Madhya Pradesh, Gujarat, Maharashtra, Goa, Andhra Pradesh, Tamil Nadu and Delhi. I-SERV stores which will also house a training manual in local language, will approximately benefit 300 to 3000 households by offering a bouquet of Products and Services. The I-SERV stores will be managed by trained operators covering the remotest rural areas in North, South and West. The stores will be equipped with the latest IT infrastructure including PCs, scanners, Web cameras, photocopiers, telephones and 24x7 connectivity, to ensure maximum utilities to the customers.

 

   
   I-SERV Service Offerings

  • Banking services
  • Insurance services
  • Financial services
  • Education
  • Telecom services
  • Utility services
  • Agricultural services
  • e-Commerce and online services
  • Retail Value Added Services (RVAS)
  • Entertainment

Speaking at the launch event, Mr. Anirudh Prabhakaran, Executive Director and President, South Asia, 3i Infotech, said, "Rural India houses more than 70% of India's population and the I-SERV initiative represents a unique opportunity to employ technological capabilities for bridging the existing urban-rural divide. We are extremely proud to be one of the first Indian companies to roll out this initiative at such an enormous level aiming to provide affordable value-added services to the end consumers, thereby transforming the consumers' lives at large."

3i Infotech will be working with various organizations for the services being offered by I-SERV . The consumers will be charged Rs. 5.00 per service and each household will be offered at least 5 services.

About 3i Infotech
3i Infotech is one of India's leading IT companies and among the top 4 Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Market, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents.

3i Infotech is SEI CMMI Level 5 compliant for Software Services, ISO 9001:2000 for BPO Services and ISO 27001:2005 certified for  Infrastructure Services.

* Source: Dataquest

For more information, please contact:
M.B. Battliwala
Senior General Manager
3i Infotech Limited
Akruti Centre Point, 6th Floor
M.I.D.C Central Road
Next to Marol Telephone Exchange
Andheri (East), Mumbai - 400 093
India
Tel: 91-22-39145560
Fax: 91-22-39145520
E-mail: corporate@3i-infotech.com


Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", 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 our 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.