Eonour Software Plans Expansion, Acquisition


Trinity Mirror :

March 29 2000.

After almost eight years of modest operations, Eonour Software Limited is now ready for a grand take off. Eonour proposes to fund the expansion and acquisition plans by raising funds from abroad, internal accruals and through equity swaps. With the proposed expansion plans materializing, eonour could attain a sales turnover of over Rs 1000 million within the next two years.

The energy propelling eonour, under the new management, has moved the company's operations to Chennai and infused fresh energy for smooth operations of the business, with a vision to meet, the future needs of the software industry. The company has grown in size and strength at a tremendous pace and is currently employing over 70 highly skilled, creative and motivated professionals in India and aborad. The company has already taken steps to acquire additional space to meet its growing operational needs

The main focus of eonour is e-commerce. The company provides complete customized software solutions structured around this core focus on e-commerce. The key areas of specialization are, e-commerce based software solutions encompassing Business Process R-engineering (BPR), consulting, both on-site and off-site, turnkey solutions, networking, intranets and extranets, web site creation and hosting and web broadcasting.

Eonour has special skills to develop and commission customized software projects on a turnkey basis. However, a number of office automation software such as Enterprise Resource Planning etc, have already proliferated all industries. Eonour brings with it the capacity to integrate such legacy systems to the web creating a Virtual Private Network with the clients, suppliers, dealers or customers

Eonour's impressive client list includes domestic corporates with MNC connections and MNC's. To name a few, Kinetic Engineering, Hero Honda, Pentafour Products, Ceebros, Rajyog Construction, Biofil Chemicals etc.

Eonour has already closed deals valued at about Rs 750 lakhs for the first quarter of the year ending March 2001 with domestic and overseas clients for both onsite and offshore development and consultancy, and is close to finalizing some more sizable orders. Eonour will be achieving revenues of Rs 3700 lakhs and PAT of about Rs 700 lakhs for the next financial year.

Eonour provides turnkey solutions for setting up both business-to-business as well as business-to consumer portal sites. It plans to launch its web hosting services providing unique services at affordable cost. It plans to tap the retail/small traders business market besides capturing a sizeable portion of the niche corporate markets.

Eonour is currently listed in the Mumbai, Chennai, Indore and Ahmedabad stock exchanges. It has plans for a Nasdaq listing within the next 2 years.


For further details please contact:info@eonour.com