HomeMr. Qasem Al Suwaidi purchases major stake of approx. 6.7% in Prism Informatics Limited

Mr. Qasem Al Suwaidi purchases major stake of approx. 6.7% in Prism Informatics Limited

Mr.Qasem Al Suwaidi is Chairman and Group CEO of Al Suwaidi group of companies in the Kingdom of Saudi Arabia.

About Al Suwaidi Group:

Al Suwaidi group has been has been regarded as one of the Fortune 100 companies in Saudi Arabia.

Al Suwaidi started its operations in the year 1960 and has various business interests which include Operation & Maintenance, Construction, Trading, Catering, Accommodation, Manufacturing and Travel & Tourism.

Under the umbrella of the Al Suwaidi group, several Strategic Business Units (SBUs) have been formed, where each SBU is being incorporated to serve sectors like real estate, intermediate chemicals, industrial services, training and development, management technology and others.

It enjoys an unparalleled reputation for executing major projects in the kingdom of Saudi Arabia.

Prism Informatics Limited signs-off Business Blue Print (BBP) with Sahara Q Shop.     -     Prism Informatics Limited signs-off BBP (Business Blue Print) with Financial Inclusion Network & Operations Limited (FINO).     -     Express Computer IT Magazine India, features “Changing perceptions about IT” an interview with Ramanan Balakrishnan, VP-Prism Informatics Ltd.     -     Prism Informatics Ltd. Exclusive Sponsor of SAP Technology Innovation Forum 2012     -     Prism Informatics Ltd. receives SAP Business Analytics Recognition Award at the SAP PARTNER SUMMIT India.     -     VF Corporation India, one of the world's largest apparel company renews its SAP support contract with Prism Informatics Ltd.     -     Idhasoft, a Company in which Prism holds 20.28% stake, expands Reporting capabilities in Microsoft® Excel® with Spreadsheet Server from Global Software, Inc.     -     Prism Informatics completes realization phase at Aamby Valley     -     Prism Informatics Ltd. awarded with the SAP Support Project for Lankem Ceylon Plc, Srilanka.     -     Prism Informatics Ltd. attains the exalted status of SAP Partner Certification of Expertise (PCOE)     -     Prism’s Global expansion continues with formation of Dubai office.     -     Sahyadri Industries Ltd., “SAP HR Goes-Live” With SAP Gold Partner Solution from Prism Informatics Ltd.     -     Prism Informatics Consolidated Results: Nine Months ended 31st December, 2011     -     The revenue of Prism European operations grew by 45%, Asian Operations by 72%, and US by 9% approximately     -     Prism Informatics starts new Business Unit IT Strategy.     -     Prism Informatics announces successful Go-Live of SAP Upgrade.     -     Prism Informatics Boosts Information Technology Services in Bahrain.     -     Prism Informatics Celebrates Successful Go-Live of SAP for Unique Group of Companies      -     Prism Informatics Kicks-off SAP upgrade project for Sri Lanka’s top diversified conglomerate – Hemas     -     Mr. Saurabh Dani joins Board of Directors at Prism Informatics Limited.     -     Prism Informatics Boosts Information Technology Services in Bahrain (BSE: 505530)     -     Prism Informatics Celebrates Successful Go-Live of SAP for Unique Group of Companies     -     Mr. Saurabh Dani joins Board of Directors at Prism Informatics Limited     -     Prism Informatics Kicks-off SAP upgrade project for Sri Lanka’s top diversified conglomerate - Hemas     -     Prism Informatics Limited - Half year results 2011; Strong growth in Prism’s H1 2011-12 revenues and net profit     -     Prism Informatics Ltd. on track to acquire majority stake in Idhasoft Ltd.     -     Mr. Saurabh Dani joins as a promoter in Prism Informatics Limited.     -     Prism Informatics Ltd. Achieves Gold Level Status in SAP PartnerEdge Program.     -     Prism Harnesses the Cloud Power in Europe     -     Prism Informatics Limited – Third Quarter Results Declared     -     Consolidated Q3 Revenue up 43% QoQ and 2347% YoY     -     Consolidated Q3 Profit After Tax up 190% QoQ and 1131% YoY     -      Prism Informatics Limited Annual Report 09-10 Published     -     Prism bolster its BFSI Vertical by acquisition of TLC Technologies     -     Prism Subsidiary awarded by SAP.     -     Prism bags SAP license deal in Thailand from Hongsa Power Co.     -     Leading Broking Firms pick up Equity In Prism Informatics     -     Prism Informatics - Incorporation of a wholly own Subsidiary     -     Prism Informatics enters into an agreement for acquisition     -      Prism awarded a contract by the largest German Automobile Company.     -      Prism Informatics wins contract for SAP support project In Germany     -