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FRONTLINE COVER FA 070606 CR2.indd

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frontline technologies corporation ltd<br />

annual report 2006 25<br />

Testimony to our strong technical competence and service<br />

dedication, MDCL-Frontline beat intense competition<br />

to clinch a five-year infrastructure management<br />

solutions contract with Nokia, the world leader in mobile<br />

communications.<br />

Mocha – Frontline’s Very Own Suite of Software<br />

MDCL-Frontline’s Mocha BPM, BSM and Mobile OA suite<br />

of software, which provides solutions for business process<br />

management, IT service management, enterprise portal<br />

and office automation, wireless and mobile applications,<br />

also continued to witness a growing demand by<br />

corporations within the telecommunications and financial<br />

services industries.<br />

India<br />

Accel Frontline has been achieving steady growth in the<br />

Indian IT market and currently employs over 1,800 skilled<br />

IT professionals. We have recently increased our stake in<br />

Accel Frontline from 51.0% to 54.5%, and there are plans<br />

to invest and increase our existing skilled human capital<br />

intellectual resources in the near future, as this is a critical<br />

success factor in the Software and Outsourcing industries.<br />

Our increased stake in Accel Frontline greatly strengthens<br />

our capability to tap the vast growth opportunities that we<br />

foresee in India.<br />

Forging Ahead in the Banking, Telecommunications and<br />

Education Sectors<br />

In FY2006, we continued to make headway in the market<br />

with the successful development of several core products<br />

for customers in the healthcare, education and banking<br />

industries. New contracts with major players in the<br />

telecommunications and banking sectors were won.<br />

We have also successfully secured a large contract to<br />

implement Accel Frontline’s flagship school information<br />

system, Accel Prodigy (“Prodigy”), across 35 schools in<br />

Dubai. Prodigy enables the automation of the entire frontand<br />

back-end office functions of the schools, creating a<br />

streamlined, collaborative environment for easy information<br />

exchange between all parties of the schools. Once<br />

successfully implemented, Prodigy will be scaled up many<br />

fold to encompass the entire school network in Dubai.<br />

In testimony to our strong reputation for our IT capabilities<br />

and expertise, we also won a prestigious multi-year IT<br />

service and management contract that spans the entire state<br />

of Maharashtra, awarded by the Public Works Department of<br />

Mumbai.<br />

In the banking and financial services realm, Accel Frontline<br />

secured a hardware infrastructure contract with the State<br />

Bank of India, and for the sixth consecutive year, it won a<br />

hardware infrastructure contract with the Life Insurance<br />

Corporation of India. In addition, Trivandrum awarded an IT<br />

infrastructure contract to Accel Frontline for the provision<br />

of its core banking solution that will be executed over 100<br />

locations in Kerala, India.<br />

Moving ahead, we strive to increase our domestic and<br />

offshore businesses, particularly in the software and<br />

outsourcing arena.<br />

Accel Frontline has also attained several industry<br />

certification and accolades, including the prestigious CMMi<br />

Level 5 certification for quality software development.<br />

In FY2006, Accel Frontline also topped the “Three Star”<br />

category in the DQ-IDC Best Employer Survey and is ranked<br />

No. 4 in the DQCI Sliver Club’s (2005) list of Top Solution<br />

Providers in India.

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