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Lee & Nee Softwares (Exports) Ltd. Company History and Annual Growth Details

YEAR EVENTS
1988 - Lee & Nee Softwares (Exports) Ltd. (LNSEL) is incorporated on
18th November, with the main object of setting up a 100% Software
export oriented unit at Bhubaneshwar & Calcutta primarily to
offer cost effective and quality software solution to the
overseas clients.

- The Company is promoted by a group of professionals and
businessmen with vast experience. The promoters includes S.M.
Gupta, Shirish Anjaria, B.N. Srivastava, Vinod Goyal. The
Company is engaged in development of package software & turnkey
projects & Customised packages.

- The Company has developed some useful packages viz: OPTI-FINANCE,
OPTI-COST, TAXMAN, CODEX, FOLIO MANAGER, SHARE PROCESS, FR-OFF,
IMAGE SECRET, COAL HANDLER.

1993 - The Company has made the export of its own products developed
In-house in Software Technology Park, Bhubaneswar in the Asian
Market.

- The Company is developing its own software packages indigenously.

1994 - The expansion programme at the STP unit in Calcutta has been
implemented.

- The Company came out with a public issue of 21,00,000 No. of
equity shares of Rs.10/- each for cash at par which was
oversubscribed. The shares were allotted on 22nd April.

1995 - The management proposes to buy a suitable model as per current
need since there is downward trend in Hardware prices and models
are available easily in international market.

1996 - The company is trying to upgrade its operation tuned with the
current trend in Information technology sector such as
Multimedia, Home computing, Internet & Intranet both products &
services.

- In the field of communication, company has launched Video
Conferencing as a product under the trade name of VIDNET.

1997 - Lnsel Computer Academy, its Education Division has come into
operation recently and are hopeful to have a reasonable share of
the I.T. Training Market.

1998 - The Company is developing its own software packages indigenously
and designing World wide Web sites of its own.

1999 - The Company has taken up Web Designing & Web enabled services
including E-commerce and Training Activity as its focus area of
operation.

- It has been proposed to amalgamate Lnsel Finance Limited having
an 100% export oriented unit for Software development, with the
Company.

2000 - City-based Lee and Nee (Software) Exports Ltd is all set to
expand its round-the-clock e-commerce service facilitating
on-line shopping, job hunting, training, travel, shopping and
share trading.

- US firm Kick Communications Inc and Lee & Nee Softwares (Exports)
Ltd is entring into a 50:50 joint venture to launch a new company Kick
Communications India Ltd.

- Lee & Nee has set up a chain of e-commerce centres in Calcutta and
is now expanding its network to over 33 cities and towns.

2001

-Lee & Nee Softwares (Export) Ltd. has launched aapkidukaan.com, a Web-based shopping mall catering to business to consumers and business to business sectors.

2005

-Lee & Nee Softwares Exports Ltd has entered into a Tie up with a Business provider to get business of Australian & UK Market.

2006

-The Registered Office of the Company shifted from Bidhan Nagar, Kolkata to Camac Street, Kolkatta.

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