Dated December 25, 2000
The Financial Express

KPIT Systems Limited has signed an MoU with the Centre for Development of Advanced Computing (C-DAC) for getting into Bioinformatics. KPIT will be able to access the hardware and software resources of C-DAC which has a centre of excellence in Bioinformatics.

Mr. S.B. Pandit, chairman of KPIT said DNA sequencing calls for substantial hardware requirements which is available at C-DAC and we can use our datamining experience and explore growth prospects in Bioinformatics.

KPIT has also signed an MoU with an Israeli company, BIS, for accessing the technology in legacy to browser conversion. "Most of the companies still use mainframe and they do not want to change the proven sturdy system but at the same time they want to get Web-enabled. We will be providing them software for the legacy to Web conversion," Mr. Pandit said.

Meanwhile, KPIT Systems Limited is rechristening itself and will be known as KPIT Infosystems to highlight the company's core activity and give the company a proper identity as a software company to the infotech industry. Also globally the company is known as KPIT Infosystems.

By: Geeta Nair