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Athena Global Technologies Ltd. Company History and Annual Growth Details

1992 - The company was registered as M/s. VJ Infosystems, a partnership firm, in June
1991 and subsequently incorporated into a Public Limited Company under the
name VJ Infosystems Limited on May 6, 1992 with its registered office in Secunderbad.
The company obtained the certificate of commencement of business on 27th July. The
company commenced operations in November.

- The company is presently engaged in software development in the form of services,
turnkey projects and products for the domestic market. The company is also active in
the area of Computer Education and offers training programmes in the use of computers.
The company also conducts customised training programmes for corporate entitles.
The company undertakes feasibility studies for computerisation and provides 'Total
Solutions'. The company is also offering consultancy in the area of Materials
Management. The company acts as a dealer of Computer systems, Peripherals and
Accessories on behalf of the manufacturers of these products. The company is presently
an agent for M/s Wipro Infotech Limited.

- The company was promoted by Mr. J. Venkat Rao and Mr. M. Satyendra in May.

1995 - The Company has very ambitious to set-up and expand its marketing network in India
and abroad.

- The Company has set up a 100% Export Orient Unit (EOU) for software exports and
expanded the activities of the Domestic Software Development, Educational Services &
Product Sales.

- The Company has set up its own Private Software Technology Park (STP) in
Secunderabad to cater to the requirements of Software Export Market, covering over
14,000 Sq. ft of centrally air conditioned office space, state of the arttechnology with latest
Client-Server and Pentium based Networked Workstations.

- The Company has launched various new computer educational courses under the brand
name of VJ INFO - Real Computer Education in twin cities of Hyderabad and Secunderabad.

1996 - Mr. J. Nrupender Rao, Director, owing to paucity of time has resigned from the Directorship
of the company. The Board of Directors place on record their appreciation of the valuable
guidance and services rendered by Shri J. Nrupender Rao during the tenure of his office
as a Director of the Company.

1997 - The Company has been awarded ISO 9001 certification in respect of Design, Development
and maintenance of Application Software.

1998 - The company had changed its name as VJIL CONSULTING LIMITED (Formerly VJ
Infosystems Limited).

1999 - VJIL is setting up a branch office in the West Coast of USA which will focus on business
related to Internet/Intranet tools and E-commerce applications development.

2000 - Hyderabad-based software services company Vjil Consulting is settingup an
offsite development centre in Chicago with a 20-member team.