Date: 13th June 2011

To,
Bombay Stock Exchange Limited,
1st Floor, P.J. Towers,
Dalal Street, Mumbai – 400001.

Subject: Press Release for Prism implementing Cloud computing across European offices

Dear Sir/Madam,
We are pleased to inform you that Prism Informatics- Europe has successfully implemented a Cloud computing-like experience across our European offices.
These changes have been implemented at our offices in Germany and Switzerland. The implementation also covers our recently acquired company GOD Barcode Marketing mbH in Germany.
Please find attached, a Press Release outlining the developments.
Request you to bring the below mentioned announcement to the notice of members of the exchange and the investor community.

Thanking you,

Yours faithfully,
For Prism Informatics Limited,

________________
Swapna Sawant
Company Secretary & Compliance Officer

Prism Delivers Cloud Experience across European offices
implementation of SAP ByDesign in synchronization with MBOS to bring cloud computing experience.
13th June 2011 Zurich: Prism Informatics (BSE: 505530), a global IT consultancy provider has strategically implemented SAP ByDesign and Microsoft business online services (MBOS). The synchronization of SAP ByDesign and MBOS is expected to deliver a cloud computing experience at Prism’s offices across Europe.
The private cloud was delivered at Prism’s offices in Germany and Switzerland. It has also been deployed to serve our latest acquisition, GOD Barcode Marketing mBh in Germany.
Major modules and shared services like FICO (Finance & Controlling), ESS (Employee Self Services), and reporting functionalities are already on the cloud besides a CRM (Customer Relationship Management) tool that will be built to nurture clients.
The presence of the cloud will entail our organization to operational efficiency and accurate reporting besides getting information in a timely manner without any delays. The entire implementation was achieved within 4 weeks, thereby ensuring full productivity.
The implementation was achieved in partnership with DataOne GmBH. DataOne is a reseller for SAP ByDesign and Microsoft MBOS. Following the successful nomination and certification processes to provide Cloud computing services, they are now in the process of importing and distributing these services. Not only has this partnership yielded us a platform to run our businesses, but it will also provide as an additional service to add on our Service list.
Kay Schindler, Chief Financial Officer, Prism- Europe, says, “SAP ByDesign with MBOS, gives a cloud experience. DataOne is an SAP and Microsoft reseller, and currently our Partnership has led us to run our businesses on the cloud. In the future we may also try to include cloud consultancy as one of our services by partnering with DataOne.”
Firms look at Cloud computing as a Revolution in the IT technology. It helps them realize flexible, mobile and cost effective solutions that allows more storage space and lets the IT teams shift their focus to setting innovation and productivity. This implementation will help us reap similar benefits.

About Prism Informatics:
Prism Informatics Ltd. is a BSE listed entity in the field of software development and IT business consulting services provider headquartered in Navi Mumbai, India. Prism is creating a niche amongst the global IT service providers with a strong management and expertise in various IT domains.