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History of Logix Microsystems Ltd.

YEAR EVENTS

2000 - The Comp. has entered into an alliance with Cotelligent of the US.

- The Comp. has tied up with NSDL & CDSL for the dematerialisation of its shares.

- Logix microsystems the CRM Comp. has that the Comp. has launched the BI/Suite with Hummingbird.

- Bangalore-based Logix Microsystems is to set up an offshore development centre in Bangalore for US based-Cotelligent Inc.

- The Directors resolved to allot one lakh equity shares of Rs 10 each for cash to the promotres at a preferential price of Rs 110 per equity share & subject to SEBI guidelines on preferential allotments as already approved at the meeting.

2002-Logix Microsystems Ltd has informed BSE that the Board of Directors have proceeded to allot 500,000 equity shares of Rs 10/- each for cash as fully paid up shares at a premium of Rs 10.40 aggregating to Rs 1,02,00,000 in terms of approval obtained from the share holders at the EGM held on June 29, 2002 to the promoters.

2003

-Autonation Inc., USA has adopted the Logix product Izmocars as their Internet sales business solution.

2004

-Logix Microsystems Strategic Tie-up with DCI Marketing Inc