Newgen Software to Sponsor MEFTEC 2010

Newgen to showcase its latest product offerings - Automatic Signature Verification, Business Activity Monitoring and Newgen Print Centre

Manama, Bahrain, April 17, 2010 --( Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Enterprise Content Management (ECM) announced that they will be sponsoring MEFTEC 2010. It is the world’s leading banking and financial technology event to be held in Bahrain from 20-21 April 2010, where Newgen Software will participate as a Silver Sponsor.

The major focus of MEFTEC is on the emerging markets like Central and Eastern Europe (CEE), the Middle East, Africa and South Asia (MEASA) region. Held under the auspices of the Central Bank of Bahrain, and aptly staged in the heart of one of the world's leading financial centres, MEFTEC brings together financial technology leaders for a bespoke learning, networking and business experience that blends an industry-leading conference with a tightly focused exhibition and high-class social functions.

With MEFTEC being a great opportunity for business process and content management based solutions, Newgen would get a platform to showcase its new product offerings including solutions for “Automatic Signature Verification”, “Business Activity Monitoring” module of its BPM suite and “Newgen Print Centre” – the enterprise print management solution for cost cutting and Green Printing. It will also get a chance to demonstrate how companies can benefit by using its BPM and ECM solutions for digitizing, automating and centralizing their processes.

Commenting on the participation of Newgen Software in MEFTEC, Mr. Diwakar Nigam, Managing Director, Newgen Software said, “We are delighted to announce our participation in one of the most prestigious financial technology events. MEFTEC would not only provide us a platform to facilitate strategic alliances and expand our customer base, but will also allow us to strengthen our presence in the region’s banking and financial services sector”.

Winner of the “Global Top 100” Red Herring Award, Newgen has a strong footprint in the region and has consolidated its position in the Middle East banking space with major banks in the region as its clients including Mashreq Bank, RAK bank, Abu Dhabi Commercial Bank and Standard Chartered Bank.

About Newgen Software
Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content management (ECM), with a global footprint of about 814 installations in over 37 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's leading BFSI, BPO and Fortune Global 500 companies.

Newgen is recognized by distinguished analyst firms like Frost and Sullivan as A 'Hot Company to Watch for' in their global ECM Market report, 2009 and by IDC in its exclusive report “Newgen Software: Global Leader in Business Process Management and Document Management Solutions”. Newgen is a winner of prestigious award, such as CNBC-TV18, “Emerging India Award 2008”.

With HSBC and SAP investment, Newgen is one of the rare product companies to have backing of both leading financial and technology companies of the world. Newgen’s Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2005. Newgen has been assessed at CMMI Level3 and is being audited for SEI CMMI Level 5.

For Further Information:
20:20 Media
Trisha Bahl: Tel: 0120 – 4642020;

Newgen Software Technologies Limited
YI 46, P O Box 120586
Sharjah Airport International Free Zone
Sharjah, United Arab Emirates (UAE)
Office : +971 6 5571040
Mr. AJ Dar (VP Sales) - +971 508802326
Mr. Ashish Dixit - +971 566040812
Rohit Thakur: Tel: +91-11-4653 3200, Mob: +91-9899294868

Stand Leaders:
Mr. Vinit Aggarwal - +91 9820561902
Mr. Ashish Dixit - +971 566040812

Newgen Software Technologies
Max Dixit
1364 Beverly Rd, Ste 300
McLean, VA 22101