Press Releases & CTE in the Media

Cambridge Technology Enterprises Ltd., files Draft Offer Document with SEBI

Cambridge & Hyderabad, June 07, 2006— Cambridge Technology Enterprises Limited filed Draft Prospectus with Securities & Exchange Board of India. The Company is offering equity shares of Rs. 10 each in the price band of Rs. 63 to Rs. 75 per share aggregating to Rs. 2400 lakhs. Centrum Capital Limited is the sole Lead Manager for the Issue and Big Share Private limited is the Registrar

Cambridge Technology Enterprise Limited (CTEL), is an IT services provider with a focus on solving client’s business problems by orchestrating change efforts and crafting well designed IT solutions through innovation, globalization and adoption of emerging technology trends in SOA (Service Oriented Architecture) & mobile computing.

CTEL is committed to deliver these solutions to its customers on time & on budget through its CMMi level 5 collaborative global delivery model using a solution delivery approach with proven track record of managing business transformation and change successfully through alignment of stakeholders from the business, technology and the end user community.

The Company intends to utilize the funds raised through this Issue to part finance its expansion plans such as, Expansion of Facilities, Certifications, Training activities to set up SOA competency centers, Invest in Intellectual property development, Reusable framework development, Acquisitions, Setting-up of overseas Offices, Providing additional Working Capital. The equity shares are proposed to be listed on the BSE and NSE.

Download the Prospectus here

For more information, please visit www.ctepl.com, or e-mail us at info@ctepl.com.