Signatech Systems Opens India Office to Support the Asian PowerSector

Signatech Systems is pleased to announce the opening of their India office in partnership with Cornet Technology (India), Private Limited. The corporate team will provide support to the growing Asian power demands-- represented by India and China-- to service the industry needs for clean environment, improved safety, improved performance, and reduced costs by providing intelligent management of assets. Cornet Technology'ss presence in the communication, multimedia and network management markets will ensure that the products developed for the Asian markets are rugged, robust and have quick paybacks to the customers.

Signatech Systems (Asia)

7 's38; 9, VI Floor,Gokul Arcade

2, Sardar Patel Road

Adyar, Chennai- 600020

Tamil Nadu, India

Tel: 91 44 24426070, 91 44 24405753

Fax: 91 44 244260605

The partnership is expected to leverage their individual strengths in the understanding and implementation of utility technology solutions and as a manufacturer of network management and multimedia products for local- and wide area networks. Their customer base includes several Fortune 500 companies.

About Cornet Technology India:

Cornet Technology India Limited (CTI) is a wholly owned subsidiary of Cornet Technology Inc. USA. Cornet Technology India is a Design Services company and has executed several projects for Indian customers. In India, the major customers are from Defense Research Development Organization of Ministry of Defence, Government of India. Cornet Technology is a global manufacturing company with subsidiaries in the United Kingdom, Germany, Japan and India.

About Signatech Systems, Inc.:

Based in Charlotte, NC, Signatech Systems USA provides practical technology solutions to meet the electric power industry needs for reliable technology to improve asset intelligence and improve performance. Signatech Systems customer base includes global electric utilities, their supply chain participants and government agencies. Signatech Systems has conducted projects with major Indian electric power entities. The company was founded in 2007.

For more information, contact:

Dr. Ramesh (Rudy) Shankar

Phone: 704-771-1400

www.signatechsystems.com

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