Ramco Joins OCEG Technology Council

Ramco Systems is the first India-based International IT Solutions firm to get on the Council

Chennai, January 29, 2008 -- Ramco Systems announces its entry in the expanding OCEG technology network as a member of the Technology Council. Ramco is the first India-based international technology solutions firm to join OCEG, signifying their global commitment to serving the corporate governance, risk and compliance community. Ramco is eager to contribute its deep technology integration and enterprise platform perspective to OCEG's comprehensive GRC programs and to encourage other global IT services and integration firms to utilize and perpetuate OCEG's valuable tools and resources that enable businesses to improve their compliance, risk and ethics programs.

According to Mr. Guruprasad Sowle, President, Global Strategic Consulting Group, Ramco Systems USA, 'Joining OCEG is of great long-term significance to Ramco. Not only does OCEG provide access to the broadest global community of GRC practitioners across business and technology, Ramco plans to be a key contributor to OCEG's technology practices, programs and standards as an active partner in this growing international community of GRC Technology experts.'

'OCEG welcomes Ramco as the newest member of our world-class Technology Council. We look forward to their significant contributions in business process integration and GRC technology platform domain expertise. Ramco's participation on the Technology Council will further extend the exceptional GRC technology leadership and integrated GRC program development process at OCEG,' according to Lane Leskela, Vice President of Technology Programs at OCEG.

Ramco delivers software solutions that address GRC and business performance with flexible enterprise applications that can be delivered quickly and cost-effectively into complex environments. Ramco provides companies the agility they need to stay competitive by enabling fast, flexible deployment and business application changes on demand. The Ramco Business Process Delivery System (BPDS) ensures maximum flexibility to execute a business process strategy - so when business needs change, their systems change automatically.

With over 12,000 members across 45 countries, OCEG provides critical information to some of the largest, most reputable companies in the world, while also meeting the needs of individual GRC executives. OCEG is the only nonprofit organization that offers comprehensive guidance, standards, benchmarks and tools for integrating governance, risk and compliance processes. OCEG's unique organizational structure allows members to take advantage of contributions from thousands of experts in companies that are all on a similar mission: to align overall company performance with corporate GRC objectives.

Combining forces with OCEG will allow Ramco to provide even more value to demanding clients with a shared commitment to driving principled performance.

About Ramco

Ramco is a global provider of business consulting, enterprise solutions and outsourcing services that enhance business value through better business processes and agile global-class applications.

Ramco's Business Process Platform (BPP) enables fast, flexible deployment and change on demand of processes and applications for maximum flexibility - so when your business changes your system changes too. Ramco Systems has offices in nine countries and over 450 customers in 1,000 locations worldwide.

The company provides solutions to multiple verticals including banking, insurance, manufacturing, supply chain, aviation, transportation and logistics, healthcare, governance, retail and more. Ramco Systems has been certified for ISO 9001:2000 quality standards and assessed for SEI CMMi - SW Level 5. The company is part of the USD 580+ million Ramco Group and is publicly held. For more information, please visit www.ramco.com

About the Open Compliance & Ethics Group

OCEG is the only nonprofit organization offering comprehensive guidance, standards, benchmarks and tools for integrating governance, risk management, internal control and compliance (GRC) processes. Our unique platform and organizational structure helps you take advantage of contributions from thousands of experts and companies - many of them just like yours. Our guidance, benchmarking, custom tools and communities of practice help you drive principled performance�. www.oceg.org

Media Contact:

Sreekar Reddy, Ogilvy Public Relations Worldwide, Hyderabad, Mob - 9866110032, Mail - sreekar.reddy@ogilvy.com

For Ramco: Garima S, 9940015506, garimas@rsi.ramco.com

Ogilvy Public Relations Worldwide