KTwo Announces its first Annual Results

Released on: April 10, 2008, 12:32 am

Press Release Author: Gurudev Goud-VP-Business Development

Industry: Electronics

Press Release Summary: KTwo has completed its first year of operations. The audited
financials were taken on record by the Board of Directors at its meeting held on
Tuesday, April 08, 2008. For the year ending March 31, 2008 KTwo achieved US$ 1.58 M
and achieved break-even in the first year itself.

Press Release Body: KTwo Announces its first Annual Results

KTwo has completed its first year of operations. The audited financials were taken
on record by the Board of Directors at its meeting held on Tuesday, April 08, 2008.
For the year ending March 31, 2008 KTwo achieved US$ 1.58 M and achieved break-even
in the first year itself.

Mr. Anant Koppar, Chairman & CEO of KTwo says with confidence that consistent
quarter-on-quarter growth both in terms of revenues as well as profitability and an
operating margin of 11.2% signify a very good beginning for KTwo. KTwo has added 13
clients in this year with a product to solutions revenue mix of 70:30.

Opening a Centre of Excellence at Belgaum and achieving ISO 9001:2000 certification
within nine months have all made an eventful first year for KTwo. KTwo has expanded
its Sales team with the worldwide Sales & Marketing Head based in London and
Regional Sales Manager based in California.

According to Koppar, KTwo's strong showing comes from its judicious mix of products
and solutions for providing Last Metre ConnectivityT to Healthcare, Automotive and
Mobile Enterprises. KTwo has attracted several middle level managers to join and has
built strong team of 150 professionals engaged in challenging and enjoyable work.

KTwo is the exclusive partner for design & manufacture of Texas Instruments'
Bluetooth Modules. KTwo is also a member of Intel India Design House Program and is
a Microsoft Embedded Partner.


About KTwo:

Established in Feb 2007, KTwo specializes in products and solutions that complete
the last metre connection in an information link. Last Metre ConnectivityTM
provides secure, reliable, high quality short range information transfer by means of
wireless communication enabling substantial improvements in productivity and
convenience. The concept of information anywhere, anytime and on any device is
addressed by KTwo through its Last Metre ConnectivityTM technology offerings.

For further information: K R Krishnamoorthy (+91 98450 28438)
Gurudev Goud (+91 98866 93861)


Web Site: http://www.ktwo.co.in

Contact Details: Gurudev.R.Goud
Vice President-Business Development
KTwo Technology Solutions-"Last Metre ConnectivityT Solutions Company"
North Block,1st Floor,IT-BT Park,Rajajinagar Industrial Area,Bangalore-560 044, India.
(+91)(80) 2314 4422 X 120|US-TollFree (+1) 866 248
9040|(+91)98866 93 861| |SkPe:ggurudev|(+91)(80) 2314
4411|guru@ktwo.co.in|www.ktwo.co.in |Logon to www.ksmart.co.in - the
premier online software shopping mart from KTwo

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