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Sasken Communication Technologies Ltd. Company History and Annual Growth Details

Our Company was incorporated on February 13, 1989 as ASIC Technologies
Private Limited under the Companies Act. The name of our Company was
changed to Silicon Automation Systems (India) Private Limited and a
fresh certificate of incorporation consequent on change of name was
issued by the ROC on October 13, 1992. On April 20, 1993 we changed our
registered office from the State of Gujarat to the State of Karnataka.
The name of our Company was changed to Silicon Automation Systems
Limited and a fresh certificate of incorporation consequent on change
of name was issued by the ROC on December 30, 1998. The name of our
Company was changed to Sasken Communication Technologies Limited and a
fresh certificate of incorporation consequent on change of name was
issued by the ROC on October 17, 2000.

History and Major Events

The chronology of events since our Company was incorporated in 1989 is
as follows:

Year Key Events, Milestones and Achievements

1989 Incorporated as ASIC Technologies Private Limited in the State of
Gujarat

1992 Changed our name to Silicon Automation Systems (India) Private
Limited

1993 Shifted registered office from the State of Gujarat to the State
of Karnataka.

1993 Awarded our first contract in the telecom space.

1994 Began investing in research and development in the telecom space.

1996 Certified as ISO 9001:1994 compliant 1996 Began participating in
standards bodies such as ITU/T.

1997 Awarded our first licensing deal in the DSL technology space.

1999 Investment by financial investors

2000 Changed our name to Sasken Communication Technologies Limited 2000
Awarded first licensing deal in the wireless space. 2001 Certified as
ISO9001: 2000 compliant.

2002 Assessed at SEI CMM Level 5. Awarded the NHRD award for
lifetime achievement. Also ranked 14th in the Business
Today-Hewitt survey for Best Employers in India.

2004 Ranked first in the Business Today-Mercer survey for Best
Employers in India, and ranked sixth in the Dataquest and Business
World-Great Places to Work surveys.

2004 Received TL9000 and BS7799 certification

2004 First royalty revenue stream in the telecom space
2004 First international customer account to cross the US$10 million billing
milestone

2005 Investments by Nortel Networks Mauritius Limited, Nokia Growth
Partners LP and MVC VI FVCI Limited


2006

-On September 01, 2006 Mr Srikanth Kannankote has joined the Company as President and Chief Financial Officer (CFO)

2007

-Sasken Communication Technologies Ltd on August 10, 2007 has joined the Near Field Communication (NEC) Forum, a non-profit industry association advancing the use of NFC technology, as an associate member.

2009

- Sasken Communication Technologies Ltd has co opted Mr. Kiran Karnik as an Additional Director of the Company .
 
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