Four Soft announces First Quarter results

Financials at a glance for the quarter ended June 30, 2009

Operating Revenues at Rs 357 million

Operational EBIDTA at Rs 61.3 million

Operational PBT at Rs.46.8 million

Operational PAT at Rs 42.2 million

The above results exclude loss on currency fluctuation of Rs.37.3 million

Highlights for the quarter

* 6 new deals signed across geographies in the quarter
* Global Sales team strengthened with the appointment of sales head in Europe
* Implementations in progress at 12 prestigious customer locations
* 5% interim dividend declared
* Achieves CMMI level 3 certification
* Four Soft eCustomsTM SAGITTA certified by the Netherlands customs authorities

Hyderabad, July 28, 2009: Four Soft (4S) (NSE: “FOURSOFT”, BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced financial results for its first quarter ended June 30, 2009. The company achieved revenues of Rs. 357 million for the first quarter with operating PAT of Rs. 42.2 million. However, the actual reported PAT is Rs. 4.8 million due to forex loss of Rs.37.3 million during the quarter. The results for the current quarter are not strictly comparable with corresponding previous quarter as the quarter ended June 30, 2008 included net income from sale of customer specific source code of Rs.210.8 million. Fluctuations in currency rate and impact of reversal of unrealized gain of the previous quarter in the current quarter led to a forex loss of Rs.37.3 million.

The company has also announced that the Board of Directors of the Company has declared an interim dividend of Rs 0.25 per equity share of Re 5 each of the company.

“The results for the quarter are satisfying considering global economic environment continues to remain uncertain. We are seeing strong opportunities for growth especially in Europe as customers are focusing on improving efficiencies and expanding business.” says Mr. Rajshekhar Roy, CEO, Four Soft Ltd. “The strong delivery capabilities with higher focus on sales and marketing, especially new geographies, should result in enhanced customer wins and higher profitability” He added.

“Having achieved cost optimization, we will now continue to invest in products, sales and marketing which should help in the long term growth” says Mr. Biju Nair, CFO, Four Soft Limited.

The company has appointed a European sales head to strengthen the global sales team. In this quarter, Four Soft achieved CMMI level 3 certification and its flagship product Four Soft eCustoms was certified by Netherlands customs authority.

About Four Soft Limited

Four Soft is a CMMI level 3 company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. Four Soft is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com .

Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S ePOMS & 4S VisiLog for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.

For more information please contact:

Geniya Banerjee

Four Soft Limited

Mobile: +91 98666 65680

Email: geniya.b {at} four-soft(.)com

Bhawna Sharma

Adfactors PR Pvt Ltd

Mobile: +91 99993-90316

Tel: +91 11 40565100 -Ext: 151

Email: bhawna.sharma {at} adfactorspr(.)com