CAT TECHNOLOGIES LIMITED ANNUAL REPORT 2008-2009 CHAIRMAN'S REPORT Dear Share Owners, Its my pleasure to welcome you to the 14th Annual General Meeting. I thank you for investing your trust in us and support to the Company and its management. The year 2008-09 has been eventful for the reason as it had to encounter various aspects involving economy and human life. The turbulence in economy affected the commercials to such an extent that few of the organizations chose to cease their operations, but never the less we held on to our grounds and avoided being the victim. COMPANY STRATEGY: Awarded with Rajiv Gandhi Shiromani Award for excellence in the year 1998, the company is professionally managed and present since past 2 decades. Since inception, the company has been dedicated to its principal strategy of building scale, expanding its reach, and investing in both organic and inorganic growth initiatives. While the expectations of the customers have increased so too has our motivation to satisfy the clients with improved quality of service and accelerated delivery schedules. Our competitive advantage is our ability to adapt to the needs of our customers. Evident from the fact that companies strength reached to 800 employees. OPERATIONAL PERFORMANCE: An enhanced service level has helped ensure growth in revenue despite the challenging environment. The total consolidated revenue grew by 17.4% to Rs.95.78 Cr. for the year 2008-09 and Net Profit rises to 7.79 Cr. Further the company has developed a substantial direct marketing network across the various countries in America and Europe. The company has its presence in US market from 10 years with the professional fleet of 300 employees. OUTLOOK OF THE COMPANY: We pride ourselves that we are at the forefront of a new generation of offshore IT service providers that offer differentiated services. Providing integrated IT and BPO solutions unique to client specific needs and industry demands it what puts us in the lead. During the year the company launched job portal viz. Logtalent.com which was an instant success with job aspirants. Within a short span of less than a year the logtalent.com has become an extremely popular site in USA with the excellent performance of 4 lacs registration and direct and indirect job placements touching 30,000 Jobs. We have achieved good market reputation in the domain area of HR BPO, which is a high growth business area in the outsourcing space. BPO seeks to leverage the benefits of service delivery, globalization, and strategic partnerships with global leaders in technology and business solutions. This will allow us to provide clients with end-to-end business solutions. Our employees constitute our biggest asset. Their commitment has enabled us to overcome several challenges. We also place, on record, our appreciation of our clients, vendor partners, investors, and bankers for their continued support all around the globe. We are encourages and feel secure in an expansive and profitable future. Thank you Sd/- Chairman Dhiraj Kumar Jaiswal Cat Technologies Ltd. Source : THE ECONOMIC TIMES. Source Date : 16th Oct. 2009