NETLINK SOLUTIONS (INDIA) LIMITED ANNUAL REPORT 2002-2003 CHAIRMAN'S REPORT The Chairman's Address to Shareholders Esteemed Shareholders, It gives me immense pleasure to address you at a time when every critic has been answered and our endeavours have fructified to positively address our vision and the strong belief in ourselves. Success never seemed easy, especially when your endeavour is something innovative, revolutionary and above all, against odds Difficulties seem to proliferate when you are challenging established trends, and predictions of perhaps the best entrepreneurial ideologies. It was sheer belief in our capacities and the ability of foresight, backed with quality market response that set the sails fluttering confidently What led to the confidence in our entrepreneurial vision was an alarming yet overwhelming market response that sowed the seed of belief which gradually germinated to become an enormous idea that would not just immediately bear results but perennially reward in the coming future. In response to the encouraging market and research feedback, your Company formulated strategies focussing at offering complete Internet based solutions Your Company has two main divisions viz. Aditya Infotech & easy2source.com Aditya Infotech will caters towards offering complete services & solutions ranging from website development to Search Engine Optimisation. Its other arm easy2source.com, the only trade portal for Indian Products focused on capitalising the opportunities available in providing an e-market place for buyer & suppliers of Indian product exclusively using Internet as an effective platform. Aditya Infotech-complete solutions for business on Internet. Our division Aditya Infotech is competent to meet this ensuing demand the market is bound to bounce at us. The study of the market and its economic diversity helped the company successfully identify an effective impediment faced by the players of the industry that still lay unaddressed. Our company had outlined effective plans with primary focus on cost effectiveness This strategy has successfully helped the company complete 200+ protects in a record minimum time. Besides, the company has also been quick in employing its foresight to gauge the requirements of it e-promotion and e-marketing of websites over the Internet. This concept popularly known as Search Engine Optimisation is in the growth phase in Internet advanced countries like America and Europe In fact your company has been a significant force in introducing this concept in India. Your company has today not just executed e-marketing projects for clients in India but has transcended into foreign soils. Our Software Technology Park unit too has successfully commenced operations. It has completed a large number of protects primarily from the Middle East in its first year. There are a large number of other protects streamlined for immediate execution and many awaiting discussions easy20source.com -The only trade portal for Indian products. Our company has been quick to materialize on the market demand for complete web based solutions that still lies unexplored Our portal www.easy2source.com has been specially devised and developed to offer and update information on Indian Suppliers and products from lust about any industry, making it one of its kind The information of products and suppliers listed an the portal is on the threshold of crossing the One Lakh mark. This portal has quickly traversed its launch phase and has set foot on its growth phase. This portal is estimated to achieve complete financial independence in a year. The constant registration of suppliers in the related industry from throughout the globe is a promising sign for the Indian markets. This is only a subtle indication of what the future fields for this portal No vision or success is complete without the complementing support from its employees and the beliefs of its trusted The company owes its outstanding success and popularity to its team of competent in-house professionals who have made every vision and goal possible with their commendable approach and dedication Intact, we can take pride to mention that we have some of the finest professionals who are at par with the best in the industry. The company has identified and streamlined a wide array of innovative protects and visions for the future However, what lies untouched is our untiring efforts and dedication towards our vision and protections, whilst holding our commitments to the shareholders and employees on the top priority. After all, you can always expect the best from the company aspiring to be the best, more than the company that is the best. Best Regards, Your Sincerely Mumbai Minesh Modi 30th June 2003 Chairman