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2004


26 May 2004

iSOFT increases Global Product Development Centre

iSOFT Group plc (iSOFT), the world’s leading supplier of modern innovative healthcare application software, today announced plans to expand its Global Product Development Centre, based in Chennai, to 800 employees by the end of this year.

Commenting on the decision to double its Chennai workforce Tim Whiston, iSOFT’s CEO said, “From our dedicated application development centre in Chennai, iSOFT is able to leverage major competitive advantage in bringing leading-edge technology solutions to market with unprecedented speed. Continued investment in India contributes significantly to maintaining our application leadership position, with our Chennai operation serving as the Group’s R&D centre for next-generation products.”

iSOFT is the fourth largest software and computer services business listed on the London Stock Exchange (LSE), with its current Market Capitalisation of £880m.  With a clear focus on producing modern innovative application software solutions for reforming healthcare economies around the World, the Group employs over 2,200 staff across its operations in 14 countries including the UK, Ireland, Germany, the Netherlands, Australia, New Zealand, Singapore and India.

iSOFT’s state-of-the-art Indian facility, first established in January 2001, now represents the Group’s single largest office in the world, and is at the heart of all the software design, development and innovation for iSOFT.

Commenting further on the announcement to expand iSOFT’s Global Product Development Centre in Chennai, Tim Whiston concluded, “iSOFT's unparalleled success in its current markets, combined with a number of exciting opportunities to enter new geographic markets, demands significant ongoing investment in our product development operations. We are planning to continue growing our capacity in Chennai over the coming years and, in doing so, increase the proportion of the business resources dedicated to application innovation and manufacture.”

For more information please contact:

Alex Gray

iSOFT Group plc

Tel: +44 (0) 161 490 2777
Fax: +44 (0) 161 499 2933
Email: alex.gray@isoftplc.com




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