Released on = March 15, 2007, 4:34 am

Press Release Author = Proteans Software Solutions Pvt Ltd

Industry = Software

Press Release Summary = Proteans Software Solutions (www.proteans.com), a global
provider of Outsourced Product Development services has set up its third software
development center in Bangalore.

Press Release Body = Proteans Software Solutions (www.proteans.com), a global
provider of Outsourced Product Development services has set up its third software
development center in Bangalore.

Prashant Singh, COO, Proteans Software Solutions said, "We have built tremendous
success stories in the past four years, and we are consistently winning new
customers and expanding existing engagements. Our business pipeline looks great, and
we will continue to expand. We are looking to hire around 250 more engineers in the
next 12 months."

Currently, Proteans is 175 strong, and now has three development centers in
Bangalore. The company is evaluating Tier-2 and Tier-3 cities in India for setting
up further development centers. Proteans operates out of Atlanta, GA and Seattle, WA
in the US.

Proteans has built over 80 globally successful products working with over 40
software product companies in the past four years. Currently the company is engaged
with around 20 active customers in US. The company recently acquired its first
customers in UK, and is looking to aggressively acquire customers in UK and Germany.
Proteans customer base includes world leaders in Life Sciences, CRM, Mobile,
Professional Services and Food Service industries.

- End -



About Proteans

Proteans (www.proteans.com ) is an industry leader in Outsource Product Development
space catering to technology companies globally. Proteans has a strong experience in
building customer centric product teams on Microsoft.NET and J2EE platforms for web
applications, desktop applications, enterprise products and mobility solutions.
Proteans utilizes best practices in global sourcing to deliver superior products for
its customers. Proteans offers acceleration in the development velocity, compresses
release timelines, brings rich design and coding expertise, and gives significant
cost advantages. Proteans is a Microsoft Certified Gold Partner and ISO 9001:2000
certified company.


Web Site = http://www.proteans.com

Contact Details = Contact Person: Prashant Singh
Company Name: Proteans Software Solutions Ltd
Telephone Number: +91 080 6618 6500
Fax Number: +91 080 4121 7536
Email Address: prashant.singh@proteans.com
Web site address: www.proteans.com