3i Infotech Named to 2009 FinTech 100

Company Achieves Highest Ranking Among New Members

Mumbai, India (PRWEB) November 11, 2009 -- 3i Infotech, a global information technology company, has been named to the 2009 FinTech 100, an annual international listing of the top 100 IT products and service providers to the financial services industry. At 32nd on the list, 3i Infotech is the highest-ranking new member of the FinTech 100.

The FinTech 100 is a joint effort between American Banker, Bank Technology News and IDC Financial Insights. It ranks companies based upon their total revenues from the financial services industry. 3i Infotech derived $315.28 million in 2008 revenue from this sector, which represents 71.5 percent of its total 2008 revenue.

"3i Infotech continues to achieve strong growth," remarked Kathy Hamburger, CEO and president of 3i Infotech, North America. "Our technology products and services are attracting the confidence of the Banking and Financial Services sectors in the US. We are proud to offer a full spectrum of outsourced, in-house and hybrid solutions that help organizations in a variety of industries boost efficiency and reduce costs."

3i Infotech delivers technology solutions and services to more than 1,500 customers in over 50 countries across five continents. Its subsidiaries include: Regulus Group, the largest outsourced remittance processor and the second-largest outsourced bill presentment provider in the United States; and J&B Software, a leader in remittance and payment processing software, with its enterprise Hub and Spoke processing platform currently being used by its clients to process over two billion payments annually.

For more information on the 2009 FinTech 100, please visit www.AmericanBanker.com/fintech100.

About 3i Infotech

3i Infotech is one of India's leading IT companies and among the top three Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across five continents.

The Company's quality certifications include SEI CMMI Level 5 for Software Business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.

*Source: Dataquest, August 2009

Disclaimer

Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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