--flex Solutions Limited (i--flex) is the India's first product oriented software company to succeed globally. Its banking software product "FLEXCUBE" has been ranked the No.1 selling Universal Banking Solution in the world by International Banking Systems (IBS--UK) in 2002. Today, i--flex is the de facto leader in the global banking software market. With its strong domain expertise and unique set of products and service offerings along with increased global penetration, i--flex is in strong position to become the globally preferred Banking IT solutions provider to the financial services industry.

i--flex Solutions Limited (i--flex) is the first product oriented Indian software company to succeed globally. Incorporated in 1992, i--flex has edged out rivals like Temenos (Globus) of Switzerland and Misys (Midas) of UK to become the No.1 player in the global Banking, Financial Services and Insurance(BFSI) software market. Its banking software product "FLEXCUBE" has been ranked the No.1 universal banking solution in the world by International Banking Systems (IBS--UK) in 2002. The emphatic success of FLEXCUBE has won several awards and accolades for i--flex and its CMD Rajesh Hukku. Prominent among them are TIME magazine's selection of "technology gurus who survived the global meltdown" and BusinessWeek's Star of Asia--2003.

i--flex has been declared the "Best Newly Listed Indian Company" by Asiamoney in its 2002 poll. Inspite of the global recession, i--flex's performance has been remarkable. Over the past four years i--flex's revenue increased by 192% and profits by 123%. Its sales has increased from Rs. 197.50 cr in 1999--2000 to Rs. 568.43 cr in 2002--03.(Table--I)

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