RS Software invests further in the Canadian Market

RS Software invests further in the Canadian Market

Announces the appointment of Joe Saunders as the Director New Business & Client Relationships

Mumbai August 16, 2007: RS Software (NSE: “RS Software”, BSE: 517447), a global leader in providing solution to the Electronic Payment Industry is strengthening its customer focus and becoming a well recognized solutions provider globally in payments. As part of this plan RS Software appointed Joe Saunders, as the new Director – New Business & Client Relationships. Joe reports to the VP Marketing and is based out of Toronto.

Mr. Raj Jain said, “We have consistently delivered to our clients and a loyal customer base proves the point. This appointment is significant from the point of view of widening our customer base in the North American region.”

A Masters Degree in Finance from California State University and Global Management from University of Phoenix, Joe has previously been associated with companies like EDS, American Express & CIBC. His expansive experience in the banking, BPO industry will help RS Software to accelerate their growth in Canada.

Saunders on his appointment commented, “RS Software has established itself as a very prominent player in Electronic payments industry; and building up on RS Software’s customer focus is my primary objective.”

About RS Software Limited

RS Software (India) Ltd. is a global leader in providing solutions to the Electronic Payments industry. Besides being engaged with the world’s leading Payment Networks in US and UK, and leading acquiring processors in the US, the company has emerged as the first full services provider in the Electronic Payments space, offering Consulting, Enterprise Applications Integration, Applications Management, and Outsourcing. Its breadth of offerings covers all segments including Card Associations, Processors, Acquirers, Issuers, ISOs, and Merchants who manage POS terminals at retail outlets.

For additional information on RS Software visit: http://www.rssoftware.com

For further information contact:

Aniruddha De Choudhury

+91 9830336047

adc {at} rssoftware.co(.)in

Or

Annu Dwivedi

+91 9820500561

annu.dwivedi {at} adfactorspr(.)com