History of Avance Technologies Ltd.

2002-VMC Software Ltd has informed BSE that the Board of Directors at its meeting held on October 14, 2002 accepted the resignation of Mr Kirit Kanakiya.

-VMC Software Ltd has informed that the following Directors have resigned from the Board with effect from October 30, 2002. Mr Raja Roy Chaudhary Managing Director & Mr Shailendra Parik Director.

-Avance Technologies Ltd has informed that the Board of Directors at its meeting held on December 22, 2003 have resolved to sub-divide its shares into denomination of Rs 1/- per share subject to the approval of members.

2005

-Avance Technologies ties-up with SES-INC, USA for outsourcing the Call Center Campaigns in the sub continent