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 CE Info and Novasys jointly announce the creation of a newly created
 Joint Venture to offer innovative location Based Services and
 Content to the Indian mobile subscriber
 
New Delhi, India – CE Info System Pvt Ltd India’s leading provider of GIS services and Novasys SA, a European leading Location Based Services company today announced their joint venture agreement. Under this agreement, a new company will be formed to provide location-based services and content for the mobile subscribers of India for easy navigation and driving directions. Novasys will be providing the technology platform for these services while CE Info systems will provide first class mapping and Points of Interest content from CE Info. CE Info systems and Novasys will work closely with mobile telecom operators in order to provide innovative location based services to the subscriber’s mobile device.

The innovative location based services and content which are to be provided will help mobile phone users to find their way while driving or planning for a vacation both within and outside India. The directions and maps which will be provided will be closest to the last mile direction to help the user find the location with ease. These services will be availble within the next one months time, currently the implementation phase and tie up with different operators are under process.

CE Info Systems Pvt. Ltd, the largest repository of India’s digital map and data, is India’s leader in providing location-based Internet & Mobile Applications and GIS-based Business Intelligence and Decision Support solutions.

Novasys is a leading Location Based Services company based in Europe, Switzerland. Novasys successfully operates the geographical mapping and routing platform Maponair (TM). Prestigious European mobile operators do presently use this platform.

Speaking on the occasion Mr. Rakesh Verma Managing Director CE Info Systems Pvt Ltd remarked "The successful deployment of LBS on the internet thru MMI, and our desire to bring the benefits of LBS to a large audience naturally resulted in our move to bring this solution on mobile. Our single-minded focus of bringing a tested solution in the marketplace led us to join hands with Novasys. CE Info now looks forward to working with Novasys in order to provide cutting edge technology of Location-based services on mobile devices. This would help combine our proven expertise in map & data content development and management with the promising features of Novasys Mobile technology. We see a good market potential and believe that the need and consumer utility of the service will definitely make it a huge success".

Mr. Christian Hugonnet, CEO of Novasys said, "Novasys is very excited to combine skills with CE Info Systems to contribute to the formidable development of the Indian mobile application market. The combination of the performing Maponair (TM) platform and the first hand content of CE Info System will allow both partners to reach market leadership".

"This Agreement is bringing best of breed Content and Technology to the Indian Mobile market. Mobile users and Operators will immediately benefit from Added Value Services running in Europe", added Mr Ali Hussein, VP Marketing and Sales of Novasys.

About CE Info Systems:
Established in 1992, CE has been providing services at various levels of the value chain from data collection from the field to development of India’s digital map & data, from adding intelligence to this data to developing customized solutions for corporates for their strategic planning. Leveraging on its intelligent data, CE Info has been providing innovative solutions through Internet, Intranet and Mobile applications for a range of location-based services. Being the pioneer in GIS field since 1994 in India, CE Info has been continuously providing GIS-based Decision Support systems for almost every industry vertical for market research, site selection, sales and distribution, logistics, risk management and many more.
                    www.mappls.com and www.mapmyindia.com

About Novasys

Novasys provides and develops since 1997 customer-solutions and products on the basis of standard and proprietary GIS software. Novasys offers leading edge solutions in the field of Location Based Services (LBS), Integration of GIS-functionality in call centres and directory assistance centres and Internet applications. With Maponair (TM), Novasys enables carriers and content providers with location based mapping and routing functionality across Europe and other countries on the basis of an ASP-service. The company is financed by private and institutional investors. It has headquarters in Lausanne, Switzerland.
         www.novasys.com and www.maponair.com
For further information please contact:
Perfect Relations
Bishalakhi Ghosh 98715 97742
Ryan Marshall 98715 97749
Novasys
Christian Hugonnet - CEO +41 21 651 30 30
chu@novasys.ch
Ali Hussein – VP M&S +41 21 651 30 30
Copyright 2004-2007 CE Info Systems Pvt. Ltd. India