New Appointments Aim To Accelerate Growth In North America

Princeton, NJ - May 9, 2011 - TAKE Solutions Inc., a global business technology solutions and services company (BSE: 532890), today announced it has strengthened its leadership team with the addition of two new executives to expand its footprint and meet customer demand in North America. Added to the team are Matt Walker, EVP, Supply Chain and Mike Lewis, VP, Sales.

'Both executives bring deep knowledge and extensive leadership and sales experience to the team that will help accelerate TAKE's growth and expansion in North America," said Kishore Rachapudi, president and COO, TAKE Solutions. "We are experiencing a surge in customer interest across both Supply Chain and Life Sciences areas of our business, and are encouraged with the development of our pipeline."

Mr. Walker has built an 18-year leadership career in both functional roles and multiple cross-functional general management capacities in Supply Chain and Life Sciences. Most recently, he managed the business development and marketing functions for ResearchPoint, a contract research organization in the life sciences industry. Prior to ResearchPoint, he spent five years with Hart InterCivic, serving as the Senior VP and General Manager for a division that provided enterprise-class software to local government clients. Mr. Walker began his career in professional services at Deloitte Consulting and Price Waterhouse, primarily managing large business process improvement and systems implementation projects. He holds a Master's of Business Administration degree from the Kellogg Graduate School of Management (Northwestern University) and a Bachelor's degree in Economics from Stanford University

Mr. Lewis brings more than 20 years of sales and management experience in technology and Life Sciences. Prior to joining TAKE Solutions, he served as the Life Sciences Solution Leader at IBM, managing a team responsible for selling solutions targeted at Healthcare & Life Sciences companies. Additionally, his team developed, successfully launched and sold offerings in the areas of regulatory management, promotional spends management, sales and marketing, manufacturing and R&D, generating over $100 million in services in 2010. Prior to IBM, Mike has held various Senior Sales Management roles at Documentum, TIBCO and MuleSoft covering global territories and a wide range of technology solutions, including enterprise content management, business process management, enterprise service business, and complex event processing. In his new role, Mr. Lewis will lead the life sciences and enterprise business sales unit of the company.

Learn more about TAKE Solutions leadership team here. TAKE also encourages wisdom and peer discussions. To share your voice, visit the TAKE Community Forum.

About TAKE Solutions

TAKE Solutions is an international business technology company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management. With extensive technology expertise in Business Intelligence and Business Process Management, TAKE´s track record in delivering world-class solutions throughout global markets is well proven. Technological innovations have always been the driving force of the company, which in turn helps TAKE´s customers achieve consistent growth in business.

Headquartered in Chennai, TAKE primarily drives its SCM Domain Excellence Centre and Global Delivery Centre from India and Middle East. The Company has a strong presence in the USA with the Life Sciences Domain Excellence centre located in Princeton, New Jersey and Supply Chain team based out of Austin, Texas. The Company conducts business today with more than 400 customers worldwide.

TAKE's product suite in the Supply Chain vertical is sold under the umbrella brand 'TAKE Supply Chain', which offers 16 unique products with embedded IP that spans the entire gamut of execution, planning and collaboration. In the Life Sciences domain, IP based software & deep understanding in the functional areas of R&D, commercial applications and operations helps TAKE add tremendous value as a partner. TAKE provides life sciences customers a single source for clinical data services, regulatory-compliant technology solutions and safety data systems.

TAKE is assessed at Level 5 of the Capability Maturity Model Integration (CMMI) & Level 3 of the People Capability Maturity Model (PCMM), Software Engineering Institute, Carnegie Mellon University, USA. TAKE is also a Microsoft Gold Certified Partner, an SAP Business Objects Partner, a Charter Member of the Microsoft BioIT Alliance, and along with its subsidiary a Registered CDISC Solution Provider, with recognized industry leadership in Microsoft-based Solutions, Regulated Life Sciences, and Supply Chain Management.

For more information, please visit: http://www.takesolutions.com/

For more details, please contact:

Company Contact:
Shalini Daga
TAKE Solutions
479.273.1295
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Press/Analyst Contact:
Dana Marruffo
BuzzPR
512.825.9035
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CONTACT

Registered Office

No.56, Ragas Building,
Dr. Radhakrishnan Salai,
Mylapore,
Chennai - 600004, India

Email : contact@takesolutions.com

Phone : +91 44 6611 0700/701

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