Visesh Infotecnics gets foreign investment

California-based, Duke Special Situations Fund has picked up stake in
Delhi-based Visesh Infotecnics. Duke Equity Partners announced that the fund has
applied for one million equity shares of Visesh at a price of Rs 32 each
(including a premium of Rs 22) on a preferential basis.

The company's recent forays in newer markets like Thailand with successful
handling of large software contracts are being closely watched by the industry
and have won it recognition at a National level, as the Best Project Deployment
by an Indian Company. Visesh has also diversified its presence into the high
technology area of Mobile Telematics recently, with its launch of TransXS and is
expected to become a major player in this nascent field.

DQW News Bureau

New Delhi