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Rolta Receives Dr. Robert Moses Memorial Award for Entrepreneurial Spirit and Product Innovation


News provided by

Rolta India Limited

25 Nov, 2013, 12:55 GMT

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MUMBAI, November 25, 2013 /PRNewswire/ --

Rolta India Ltd., announced today that Rolta has been recognized by PCI Geomatics with the Dr. Robert Moses Memorial Award for Entrepreneurial Spirit.  Dr. Robert Moses ("Dr. Bob"), past President and CEO of PCI Geomatics, was an exceptional leader and visionary who left behind a legacy of excellence in remote sensing and geospatial technology.  In memory of Dr. Bob, the award was formed to honor the organization that best exemplifies a model for others to follow in actively pursuing the development and adoption of geospatial technology while making a positive impact on the environment and society.

     (Logo: http://photos.prnewswire.com/prnh/20121023/570667 )

For over 30 years Rolta has been dedicated to bringing innovative remote sensing and geospatial solutions to customers in India and around the globe.  This award is a testament to Rolta's accomplishments in business growth, innovation in product development and service offerings for sophisticated remote sensing applications.  

"We value Rolta as a long term Strategic Partner and appreciate their initiative to develop new and innovative geospatial applications and workflows for the many global customers who require operational solutions," said Terry Moloney, President and CEO, PCI Geomatics.

Mr. K. K. Singh, Chairman and Managing Director of Rolta commented, "Rolta has a unique business model based on a combination of specialized knowledge in the domains of Information Technology, Geospatial, Engineering, Defense and Security, which coupled with our own intellectual property, enables Rolta to provide high value solutions to the critical needs of our customers.  We appreciate the recognition of Rolta's success, and honor Dr. Bob for his leadership and entrepreneurial spirit."

About PCI Geomatics: PCI Geomatics is a world-leading developer of software and systems for remote sensing, imagery processing and photogrammetry.  With more than 30 years of experience in the geospatial industry, PCI is recognized globally for its excellence in providing software that accurately and rapidly processes satellite and aerial imagery.  There are more than 30,000 PCI licenses in over 150 countries worldwide. Find out more about PCI Geomatics at http://www.pcigeomatics.com.

About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional solutions for these segments. The Company leverages its industry-specific know-how, rich repository of intellectual property that spans photogrammetry, image processing, geospatial applications, business intelligence, analytics, field-proven solution frameworks, and deep expertise in cutting-edge technologies like Geo BI, Cloud computing, Software Defined Infrastructure and Big Data for providing sophisticated enterprise-level integrated solutions. Rolta is a multinational organization headquartered in India. The Company operates from 40 locations worldwide through its subsidiaries, and has executed projects in over 45 countries. The Company benchmarks its quality processes to the world's best standards, like successful assessment for Software Application Development and Maintenance at the highest Level 5 of SEI's CMMI® version 1.3. Rolta is listed on the Bombay Stock Exchange & National Stock Exchange, and forms part of various indices on BSE/NSE in India. The Company's GDRs are listed on the Main Board of London Stock Exchange. The Company's 'Senior Notes' are listed on Singapore Stock Exchange.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.

For additional information: visit http://www.rolta.com, or contact:

Atul Tayal
Jt. MD & COO - Domestic Operations
Member of the Board
adtayal@rolta.com
Telephone: +91-(22)-2926-6666

Preetha Pulusani
President, International (Americas
Member of the Board
Preetha.Pulusani@rolta.com
Telephone: +1-(678)-942-5000

Rajesh Ramachandran
President & CTO
Global Products & Technology Solutions
Rajesh.Ramachandran@rolta.com
Telephone: +91-(22)-2926-6666

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