Nihilent

Pune, September 26, 2007

Nihilent implements LAMAT, its strategy execution and performance management product for the fist time in India at Demag Cranes and Components

Nihilent, a global consulting and solutions integration company has implemented LAMAT, its strategy execution and performance management product for the first time in India at Demag Cranes and Components (India). The tool enables Demag India to get a holistic and balanced view of business performance at all levels and align the key performance measures with the organization's vision and strategy. Demag India is the 100% subsidiary of Demag Cranes AG, the leading German manufacturer and world leader in material handling technology.

Suhas Baxi, MD, Demag Cranes and Components (India) Pvt. Ltd. said, "Demag's India business has been growing at over 30% on a year-on-year basis and this growth presents new challenges to us, especially in the area of strategy execution and performance management. We were looking for a systemic solution to benchmark various business performance parameters and continuously monitor the organization performance against these benchmarks. Nihilent's LAMAT provides us the ability to evaulate the performance of our various business units and drill down to the last performance element. The up-to-date views of our business enable us to monitor progress against key performance indicators, allowing us to quickly identify focus areas and take action. We chose Nihilent as they are a hands-on consulting company that understands the value of technology from a business perspective."

"Most companies know what to do in terms of vision and strategy but only 20% or so are able to implement them. Through its patented change management framework MC3, Nihilent bridges this gap between the vision and execution. LAMAT, a constituent technology component of MC3 is user friendly and highly robust", said LC Singh, Founder CEO of Nihilent. LAMAT has already been implemented at various clients' sites outside India and has been extremely successful at MTN, Sasol, ABSA Bank (Barclays Group), South African Airways, etc. Nihilent is now making the product available to the Indian market.

LAMAT is a comprehensive strategy execution and performance management tool that provides everyone in the organisation with a holistic view of the company's strategies and helps them understand how their role impacts the overall performance of the organisation. At its core, LAMAT uses the Balanced Scorecard Concept for the purpose of performance measurement. Competency Assessment System (CAS), a module of LAMAT helps calibrate the competencies of individuals and provides the organisation with a well-defined development approach to bridge the gaps.

About Demag Cranes and Components (India)

Demag Cranes and Components (India) is a subsidiary of Demag Cranes AG, a world leader in industrial cranes, crane components, harbor cranes and port automation technology. As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and joint ventures. Please visit www.demagcranes.co.in

About Nihilent

Nihilent is an ISO 9001:2000 and SEISM CMMi® Level 5 certified global business consulting and solutions integration company. It is the first Indian company focused on managing change holistically. Armed with the wisdom of a global advisory board, Nihilent's executive team has over 350 years of experience in international consulting, IT outsourcing and IT services. Nihilent is headquartered in Pune, India and has operations in North America, Europe, Africa and Asia. Please visit www.nihilent.com

Media contact:
Harish Rao + 91 20 3984 6100
h.rao@nihilent.com

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New Delhi, June 7, 2007

LC Singh, founder & CEO, Nihilent presented IT - BHU Alumni Award of Excellence 2007- 08

The Association of IT - Banaras Hindu University (BHU) Alumni conferred on L C Singh, Founder and CEO, Nihilent the Alumini Award of Excellence 2007-08 at a glittering function organised at the Indian Habitat Centre in New Delhi. The other awardees were R.P. Singh, CMD, Power Grid Corporation of India and Dr. U. S. Awasthi, MD, Indian Farmers Fertilizers Cooperative Ltd. (IFFCO). All the awardees were given a standing ovation as their respective citations were read out to a full house of their co-alumni. The assemblage warmly applauded the singular achievements of these stalwarts in their respective fields and their commitment to the noble task of nation building.

The high-profile list of guests at the function included Mr. Vinod Rai, IAS, Secretary Banking, Govt. of India; Dr. T.Ramasami, Director General, CSIR & Secretary to the Govt. of India and Dr. Ashok K. Chauhan, Founder President, RBEF & Chairman, AKC Group of Companies. The guests were unanimous in expressing their overwhelming appreciation of the rich contribution made by the alumni of the Institute.

Rajiv Gupta, Secretary, Association of IT BHU Alumni said, "IT-BHU has been at the forefront of nation-building from even before independence, when the vision of Mahamana Pt. Madan Mohan Malaviya Ji created the Banaras Hindu University and its constituent colleges of technical education. Long before the IITs came into existence, IT-BHU engineers were already leading the way in building the country's nascent foundations. Naturally the galaxy of IT-BHU Alumni is much larger and it is really difficult to select from the many outstanding alumni who have served the country during its many phases of growth. Yet, we felt we needed to make a start, and the awardees tonight have been carefully chosen by an independent jury of peers".

About IT - BHU: IT-BHU, classified as an Institute of National Importance by the Government of India, has a unique place in India's growth story. In the early days, civil, mining, metallurgy and electrical engineers spread out across the country and laid the foundations of India's early infrastructure. Later, more diverse disciplines like Ceramics, Pharmacy, Electronics and Computer Science were gradually added and its alumni contributed to the next wave of growth. The Institute is also renowned for its outstanding faculty and their research work, which has benefited the common man across all spheres of activity. IT-BHU has been taking students through the IIT-JEE process since the 1972-73 academic years, consistently getting ranked among the Top 10 Engineering Institutes of the country.

About Nihilent Nihilent is an ISO 9001:2000 and SEISM CMMi® Level 5 certified global business consulting and solutions integration company. It is the first Indian company focused on managing change holistically. Armed with the wisdom of a global advisory board, Nihilent's executive team has over 350 years of experience in international consulting, IT outsourcing and IT services. Nihilent is headquartered in Pune, India and has operations in North America, Europe, Africa and Asia. Please visit www.nihilent.com

Media contact:
Harish Rao + 91 20 3984 6100
h.rao@nihilent.com