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Ramco Systems Signs Columbia Helicopters for Series 5


October 20, 2011 - Lawrenceville, New Jersey, United States And Chennai, Tamil Nadu, India

Ramco Systems, the Global Aviation Maintenance & Engineering (M&E) and Maintenance, Repair & Overhaul (MRO) software provider, announced today that Columbia Helicopters, Incorporated (CHI) has purchased Ramco’s Series 5 Aviation software suite.

Under the agreement, Ramco will deliver Series 5 M&E and MRO, Ramco’s Aviation Analytics®, ePublications®, Financials and eSignatures® as well as Ramco’s extensible tools known as EDK, ITK and PDK. CHI will utilize the Series 5 suite to manage all aspects of their operations including aircraft manufacturing, helicopter maintenance operations and MRO under their FAA Repair Station certificate, which serves customers from around the world.

“We are pleased to include CHI into the rapidly growing Aviation Series 5 family. Ramco’s entire Aviation Suite will allow CHI to create new global growth opportunities while reducing operating costs and improving overall performance,” said Jim Fitzgerald, President of Ramco Systems Global Aviation Solutions.

“Columbia Helicopters is looking forward to the efficiencies that will be brought about by implementing Ramco’s software suite. Ramco’s knowledge of our in-depth helicopter fleet and MRO business coupled with proven success for other Customers in our industry and meeting ITAR compliance made selecting Ramco a very good decision. We are confident that our business will benefit through this partnership,” said Michael Fahey, President and CEO of Columbia Helicopters.

About Columbia Helicopters

Columbia Helicopters Incorporated is a helicopter manufacturer and operator based in Aurora, Oregon, United States and is a world leader in heavy lift helicopter operations ranging from Alaska to Florida; South America to South Asia. The company is involved in oil exploration, logging, fire suppression, construction and many other activities. In addition to operating a fleet of 30 all tandem rotor helicopters, CHI operates a large FAA Repair Station that supports government, military and commercial customers around the world.

About Ramco Systems:

Ramco Systems, a part of the USD 952 million Ramco Group, is one of a leading software company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 125,000 users from 800+ customer organizations since inception. The company currently has offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC and employs over 1,500 employees.

Ramco’s key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorks™. Ramco Systems has seven major product suites – Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on Cloud), Ramco Enterprise Information Management Suite, Ramco Advanced Process Control, and Ramco Mine Management. Strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Service, BFSI, Aviation, Government and Defense.

Ramco Systems has been assessed for ISO 9001:2008 and ISO 27001:2005 information security standards. Ramco’s BPO unit is SAS 70 Type II certified.

“Ramco Systems Limited (“the Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed a draft letter of offer (“DLOF”) with the Securities and Exchange Board of India (“SEBI”). The DLOF is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled “Risk Factors” of the aforementioned DLOF. The distribution of the DLOF to persons in certain jurisdictions outside India may be restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession the DLOF may come will require them to inform themselves about and observe such restrictions. The equity shares proposed to be issued have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India (including but not limited to any securities laws in the United States) and may not be offered or sold, and persons in any such jurisdiction shall not participate in the proposed issue except in compliance with the applicable laws of such jurisdiction”.

For more information, please visit www.ramco.com

Follow Ramco on Twitter @ramcosystems/read latest news & updates on http://www.ramcoblog.com/

Source: Business Wire India

BusinessWireIndia

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