The Economic Times:
July 15 2002.

Eonour technologies limited, an ISO 9001 certified, IT solutions provider has had a very good first quarter for the financial year 2002-2003. The sale for this quarter was Rs 2118.42 lakhs as compared to Rs 1531.17 lakhs the same quarter last year. The net profit recorded for this quarter was Rs 505.60 lakhs to Rs 401.63 lakhs last year. The sales growth over the corresponding Q of last year grew by38.35% and net profit growth was 25.88%.

Eonour is a Chennai based total solutions provider with focus on enterprise application integration (EAI) arena. With core expertise in Supply Chain Management, eonour's suite of products addresses each aspect in the chain: the supplier, logistics, manufacturer, distributor and customer.

Eonour's list of prestigious clients include: Hyundai Motors - from whom they recently bagged 2 orders for web-based projects, L&T (LTM Business Unit) - for whom they are developing a web-enabled vendor development system, Hero Honda Motors, Kinetic Engineering, Amara Raja Batteries, PentaDaewha Auto Parts, Best Group International Hong Kong, Legend Electronics Hong Kong.

With repeat orders from clients such as Hyundai and UPS Singapore, Eonour has proved again that with high quality deliveries, and a focused approach, sustenance in any kind of market is possible.

Eonour inducted Mr P N Veda Narayanan as a Director in their Board. This brings the number of directors in the board to 6. An IAS officer by profession, Mr. Narayanan has been in the administrative service for over 4 decades serving in various capacities. These include: Chairman, Tamil Nadu Industrial Development Corporation, Chairman and Managing Director Tamil Nadu Housing Board, Vice-Chairman and President, Tuticorin Alkali Chemicals and Fertilizers limited, Chairman SPIC and many more illustrious posts.

Eonour's Board also passed a resolution permitting the FIIs to invest in the paid up share capital of the company under Portfolio Investment Scheme up to 100% of its outstanding paid up share capital as per the prevailing guidelines subject to approval by shareholders in the ensuing. The company is gung ho about its future and expects to have a year of inorganic growth through acquisitions.