Focus Softnet targets Kuwait’s growing enterprise and SME sectors at Infoconnect 2008

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The leading software development company is showcasing its best-in-class enterprise and SMB software solutions as well as demonstrating the beta version of its yet-to-be-released ERP software, Focus RT 7, at Kuwait’s premier IT and telecom event.

Kuwait, February 5, 2008: Focus Softnet today announced that it is participating in Infoconnect 2008 to target Kuwait and the GCC region’s growing enterprise and SMB segments. The leading software development company is showcasing its range of software solutions and also demonstrating the beta version of its yet-to-be-released ERP software, Focus RT 7, at Kuwait’s premier IT and telecom event, which is being held at Kuwait International Fairs Ground from February 3-9, 2008.

Speaking on their participation, Mr. Ali Hasan, Vice President of Focus Softnet, said, “Kuwait is one of the fastest growing IT countries in the region with the IT market compound annual growth rate (CAGR) forecasted at 17% for the next five years. Kuwait is a very important market for Focus, and Infoconnect, being the leading IT and telecommunications event here, is a perfect platform for us to reach out to our existing and potential customers from the enterprise and SME segments.”

“SMEs in the region are beginning to understand the importance of technology to streamline their business and improve operational efficiency. The SME sector is leading in IT spends, with manufacturing and trading firms both seeking efficiencies by transitioning from manual environments to full automated environments with back-office systems. This is where Focus comes in, with a range of cost effective business solutions for almost all business verticals.” Mr. Hasan added.

Focus Softnet is showcasing products for each market segment ranging from its standard accounting solution, Focus6 catering to SMBs to its ERP, Focus RT, targeted at Medium businesses to enterprises. Focus is also exhibiting its recently launch thin client based ERP, Focus on Web (FOW), which is designed for companies having multi locations and want to have real time access to their accounts data, as well as demonstrating the beta version of Focus RT 7. Also on display at its stand are its Academic Records Management (ARMS) solutions for the educational sector and the newly launched Warehouse Management Solution (WMS), both of which are doing well in the Kuwait market.

“The Kuwait IT services market is expected to grow at a substantial rate in the next few years. Telecom, banking, and retail sectors are all providing strong demand for project implementation, managed services and outsourcing. There has been a recent trend towards larger deals, particularly from government. Meanwhile, a more volatile environment for the oil industry is encouraging companies to look for solutions that will increase operational efficiency and boost overall business agility. We have recently launched a new division for projects to tap projects for custom solutions, integration, projects implementation & management, and outsourcing. Having executed some prestigious projects in UAE, we are now looking at the opportunities in Kuwait and Saudi Arabia.” Equipped with ISO certification in operations across its regional offices and in the process of implementing CMM certification in solution development and project execution, Focus Softnet intends to be one of the best solution providers for the SME segment in Kuwait and the GCC region. Focus has the capabilities and solutions to offer complete solutions to any vertical, of any size and diversity. The USP of the company is to offer low TCO and faster ROI on the investments to its valuable customers.

Focus Softnet is exhibiting at Stall Number: B5 in Hall 4 at the Infoconnect 2008. Senior global executives are available at the event to meet customers and partners.

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About Focus Softnet:
Focus Softnet, which commenced operations in 1992, has a strong global presence with offices that deliver a comprehensive range of products and services. With its International Headquarter in Dubai Internet City and with offices across the G.C.C, Focus has a well established infrastructure and an excellent management team. The solutions developed by Focus Softnet are business driven technologies that have been developed in constant consultation with functional and management experts from the industry. Their wide range of products and the modules within them – help seamlessly integrate a wide range of customer requirements. These solutions minimize information bottlenecks and Focus Softnet is always at the clients’ service to customise them in keeping with the organisations overall vision and strategy. Major markets of Focus are India, Middle East and Far East. In Middle East, Focus has 10 offices covering entire GCC, Iran and Yemen. Focus6 is the mid-market accounting solution with over 1500 customers in UAE and over 2500 customers in the Middle East. For further information on Focus Softnet, please visit http://www.focussoftnet.com

For further information, please contact:

Ali Hasan Focus Softnet+ (965) 9595638[email protected]

Nirmala D’souzaPR ConsultantOAK Consulting+971507343840[email protected]

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