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Hexaware Selects Fluensee as Partner for RFID-Enabled Asset Tracking Solutions

Fluensee AssetTrack™ Provides Increased Location Visibility and Reduced Labor While Managing IT Asset Inventory

MUMBAI/ENGLEWOOD, Colo. - December 11, 2006 - RFID-enabled asset management provider, Fluensee Inc., today announced that Hexaware Technologies Ltd., a leading provider of IT & BPO services globally, has selected Fluensee as a partner to offer a range of RFID-enabled solutions for its global customers. Hexaware has set up a Center of Excellence on RFID and Fluensee solutions for this purpose. Fluensee AssetTrack™ will also be implemented at the Center of Excellence to manage Hexaware's own IT inventory. Upon completion, Hexaware plans to roll out AssetTrack in several of its other locations in India.

P K Sridharan, executive director of Hexaware Technologies Ltd., said, "With Fluensee's solution, Hexaware and our customers will benefit from the power of RFID. Hexaware believes that RFID technology would power many key solutions in transportation and supply chain management solutions."

"Fluensee is pleased to be chosen as Hexaware's partner for RFID-enabled asset tracking and supply chain management solutions for Hexaware and Hexaware's global customers. We are off to an excellent start and with each location that is added, AssetTrack provides more value to the organization," said Chris Brumett, vice president of operations, Fluensee. "Our scalable solution will help Hexaware and its customers to maintain more accurate inventories with less manual labor, reduce lost assets and increase productivity."

Fluensee AssetTrack is a proven, cost effective RFID-enabled software solution that allows companies to significantly improve asset visibility, security and utilization. AssetTrack can be integrated with existing operational systems to provide more timely, accurate and comprehensive information on the state, condition and location of assets and their utilization within the business. AssetTrack can be implemented on a stand-alone basis or easily interfaced to existing systems as required. AssetTrack identifies deviations from expected asset location or condition, triggers exception-based alerts or specific warning notifications, provides full asset life-cycle management, improves asset utilization and delivers the security and control over enterprise assets that customers demand.

About Fluensee
Fluensee's RFID-enabled asset tracking and management solutions improve the visibility, accuracy, security and utilization of a company's mobile and fixed assets. Its end-to-end solutions combine highly configurable and patented software and implementation services with hardware from leading RFID, barcode, GPS and sensor technology providers. Fluensee offers its browser-based, enterprise-class AssetTrack™ solution that tracks IT assets, pallets, tools, equipment and all types of other high-value assets, along with its Yard™ application that is designed to efficiently manage assets in transportation and distribution environments. All of Fluensee's solutions are platform- and hardware-agnostic. Fluensee is a privately held, venture-backed company headquartered in Englewood, Colorado. For more information, visit www.fluensee.com.

About Hexaware
Hexaware is a leading global provider of IT and BPO services, with a client base that includes 40 Fortune 500 / Global 500 companies. Hexaware has achieved leadership position in domains such as Banking, Financial, Insurance, Leasing, Transportation and HR. Hexaware focuses on delivering real business results from technology solutions and specializes in Business Analytics, Enterprise Applications and Legacy Modernization. Hexaware has been providing technology solutions for business for 16 years and offers world class service delivery, technology expertise and talent. For additional information logon to www.hexaware.com.

Safe Harbor:
Certain statements on this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.


For Fluensee Inc.:

(303) 799-0700

For Hexaware Limited Technologies:


Tel: +91 22 6654 2682 83
Fax: +91 22 2287 2939

Issued on behalf of Hexaware Technologies:
Limited by

Stanton Communications Inc.
Tel: 202-223-4933

 

 

 



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