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Ramco Systems enters Australia

Sets up subsidiary to drive business

Sydney, Australia / Chennai, India – August 23, 2012 – Ramco Systems (BSE - 532370, NSE – RAMCOSYS, MSE – RSST); an enterprise software company focused on enterprise cloud platform, products and services, today announced the incorporation of a wholly-owned subsidiary in Australia under the name Ramco Systems Australia Pty Ltd. The company currently has 17 offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC.

Commenting on the expansion, Mr. Virender Aggarwal, Chief Executive Officer, Ramco Systems said, "We are happy to announce the setting up of a subsidiary in Australia. We have a strong presence in APAC and have been looking at expanding into new markets that will help us become a truly global brand. Australia is a mature IT Services market and the third largest IT market in the English speaking world. Australian companies have been early adopters of SaaS and Cloud technologies. We believe, Ramco ERP on Cloud, a comprehensive ERP offering available on cloud and accessible on iPAD, will find ready acceptance among Australian enterprises. We will be marketing our offerings through key strategic partners who will drive business in the region and help us gain a strong foothold. We look forward to a great start in the market."