Eonour's Pressnote:
September 2002.

Eonour Technologies, a Chennai based technology solutions provider has received two prestigious orders from Hero Honda group and AP Schools recently.

Hero group's order pertains to an autonomisation of dealers network of HeroPuch. Eonour has earlier provided automation of the dealers of Hero Honda and this is an automatic entry into their other group company. The initial phase will cover automisation of 65 dealers.

The second prestigious order is an order bagged by System Telecom and Data services (STADS), a 100 per cent subsidiary of Eonour technologies from 340 schools of Andhra Pradesh, for a networking assignment. This project has been out sourced by NIIT and WIPRO for offering networking solutions to these 340 schools across Andhra Pradesh. The project being implemented in the schools across Andhra Pradesh will take care of data networking and electrical design work at these locations.

"With these orders, the order books of the Eonour have gone up to Rs 130 crore on a consolidated basis. These orders are of the high margins and hence the bottom line of the company will improve considerably during the current fiscal with an impact of strengthening of the consolidated EPS of the company.", said R Karthik, CEO, Eonour Technologies Ltd.

Pointing towards recently bagged embedded project from Huyndai for their panel boards in the cars, Mr.R.Karthik said Eonour has recently forayed into the fields of embedded technology and bioinformatics and this project is a feather on the cap and the company is hopeful of leveraging this prestigious order both in India and abroad. The entry into embedded has come out of Eonour's belief that in order to to stay current and updated in the market, technology firms must constantly reorient themselves by acquisition into companies/products in niche technologies and also striking a balance on optimising the cash flows of the acquired companies/technologies to ensure overall increase of the value to the shareholder.

The Huyndai project deals with Panel Board Display Solution aiming at assisting production scheduling and real time information of the production floor. Eonour's application provides the communication interface between the Panel Board Display and Hyundai's database which was not available hitherto.

Giving more detailes of the Hero Puch order, Mr.R.Karthik said Eonour has taken up the job of automating the dealer network of Hero Puch, which completely integrates all the activities including inventory control, purchase, accounts, customer relations, payroll, service etc. This serves as a complete ERP to any dealer network by allowing information sharing. This completely reduces chances of error and maintains absolute integrity of information and provides excellent reporting tools for the OEM.

Talking about AP school order bagged by STAD, he said Eonour holds 100-stake in System Telecom and Data services (STADS) and is geared to address networking and system integration needs through acquisition of STADS.

In the words of Mr.Karthik, CEO, Eonour Technologies " This is a new area we are entering into which being the education sector and this project will definitely remain a mile stone in the system integration and networking area. We are positive about working in this project and also this reiterates our focus of being a one-source solutions provider. Our acquisition of STADS has enabled us to add a list of prestigious clients such as Wipro. We see this is an opportunity again to demonstrate our expertise in the networking and integration segment."

Eonour is an ISO 9001 certified provider of end-to-end technology solutions in the fields of SCM, EAI and networking. With core expertise in Supply Chain Management, Eonour's suite of solutions addresses each aspect in the chain: the supplier, logistics, manufacturer, distributor and customer.

Eonour has branches across Delhi, Mumbai, Hyderabad, Bangalore, Madurai and Indore. International offices are at Malaysia, Singapore, HongKong and USA.

They also have recently set up 2 development centers in Pondicherry to meet their expanding operations.

Some of Eonour's other prestigious client include:UPS Singapore, Hero Honda, Kinetic Engineering, L&T-LTM Business Unit, Amara Raja to name a few.