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EdServ Softsystems Live Stock Prices, Quotes, Tips & News

EdServ Softsystems, formerly known as Lambent Softsystems (P) is a seven year old IT solutions company, incorporated in 2001, with an objective of providing integrated learning & placement solutions, customized software solutions and placement consulting to clients in the field of IT and non-IT verticals that include healthcare, banking, financial services, manufacturing, retail sectors. The company has launched `HEADS`, a 4th generation technology education model that uses web based e-learning to seamlessly integrate manpower demand and supply in number and skills right from development to deployment. The company has successfully provided training and staffing solutions to premier IT & non-IT clients, namely- TVS Group, Hewlett-Packard India, Infosys Technologies, GM Financial Services India, Optic Fibre. The company purchased the fixed assets and development division of Radiant Software in August 2001. In September 2001 it launched packaged application software products Raymedi, Over-The-Counter (OTC) Pharmacy shop software, for selling medicines and also takes care of purchases and accounts, grocery. In the year 2002, it launched the anti-piracy solution to feature films called Vidapidi and other applications such as Radimail (pharmacy software), Meru (ERP Software) and Salaray (pay roll software). In the year 2004, the company sold IPR rights of Raymedi to Gofrugal Technologies (P) for a total consideration of Rs 4.2 million. In 2005 the company entered in the business agreement for selling of software project development business and fixed assets to Onspec Technology Solutions (P). EdServ also has a Software services division, Lambent, that provides right-sized business software solutions for the enterprise-wide requirements for enterprises to grow as per their vision. Lambent provides ERP solutions as well as Database maintenance services in a 24x7 zero-downtime based enterprise-wide continuous availability framework in both onsite and off-site models. A few clients of Lambent to mention are - Wheels India, Oman Optic Fibre, KSB Pumps, GM Financial Services India (A division of General Motors, US). Company`s registered office is located at: 1st Floor, Panna Plaza New No. 139 Arcot Road, Kodambakkam, Chennai - 600 024

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