Grafdom Acquires India Based IT House Hegartech for Undisclosed Figure

Dubai, United Arab Emirates, August 20, 2006 --(PR.com)-- Regional Web & IT major, Grafdom’s acquisition of Hegartech, a privately held company based in Bangalore, India results in greater value, flexibility and more choice for Grafdom clients and Business Partners.

With this acquisition, Grafdom continues its empowered strategy by responding to clients needs to leverage the benefits of programming solutions for various web and desktop modules while receiving strong support and services from a trusted IT vendor. In November 2005, Grafdom introduced the Grafdom Despod Platform, continuing the work of enhancing the software while adding an infrastructure and support team that is unparalleled in the IT industry.

Now customers and Business Partners can take advantage of the enhanced software applications that are to develop and deploy secure platforms, while providing flexible components as business needs alter. ‘The deal scales up our core competencies in web based software and application programming in the international arena and takes Grafdom’s market presence farther with an empowered vision.’ said Alan Roberts, Vice President of Middle East Operations, Grafdom. Mr. Roberts noted that Hegartech, with over 15 years of experience in conceptualizing, programming and developing web and desktop based applications with reliable elements, will be a strong strategic partner for Grafdom.

‘Grafdom’s acquisition of Hegartech gives us a tremendously firm platform to replicate our business success within India, the Middle East and other regions across the world,’ said Migel Rajonathan, CEO, Hegartech Systems. ‘This is an outstanding opportunity to rapidly expand our presence in South Asia and beyond, and will present excellent opportunities for the business as a whole. This union demonstrates the strength and reputation of our empowered brand, Grafdom.’

Grafdom was founded to pioneer the IT & Web industry and further build compelling synergies with business partners. It strives to spur revolutionary concepts of web modules, graphic design and e-commerce. Grafdom has grown exponentially since its early days, adding 3D animation design and print media to its line of corporate services. The company empowers businesses to expand into seamless online platforms and fortify their envisioned brands globally.

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