Singhi & Co. enters into strategic relationship with Alliance to provide IT Consultancy.

New Delhi—August 1, 2001
Alliance and Singhi join hands to realize the emerging opportunities in the field of IT Enabled Services.

About Singhi & Co.
Singhi & Co. is amongst the largest audit/financial advisory firms in India with offices in all the major business centers of the country, and a client base, which extends to almost all the major Corporate Houses of the country. Value added service is the key to the Service Industry and Singhi & Co. has adhered to the same over the last 6 decades of professional excellence. With Services ranging to the spheres of Audit/ Financial Advisory/ Valuations/ Re-evaluations/ Mergers and Acquisitions/ Due diligence exercise/ Actuarial Valuations/ Software Services/ Exchange Control Services/ Taxation Services, Singhi & Co. has emerged as one of the major competitors to the Big 5 foreign firms. Singhi & Co. has now affiliated with HLB International, which is amongst the 12 largest Audit/ Financial Advisory firms in the world in order to provide services to its clients worldwide and assist in foreign deal and compliance with the GAAP requirements.

Singhi and Co. and Alliance Infotech have joined hands in pursuing IT opportunities together. Alliance will provide Singhi and Co. with due resources to enable them to include IT consulting within their existing range of services.

Ravi Baid, President Alliance says, "The benefits this relationship brings to the table are long term. The existing clients of Singhi and Co. can now look at a one-box solution for their IT needs. With the strong domain knowledge of the financial side of the business and proven client relationships, Singhi and Co. adds tremendous value to the joint efforts."

About Alliance Infotech Pvt Ltd
Alliance is a leading provider of unified communications and mobile business solutions. Alliance allows companies to improve business communications with customers, partners and employees. Established in 1997, Alliance has been delivering the critical building blocks to serve the converging Internet and Telecommunications market segments.

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For further information contact:
info@alliance-infotech.com