Financial Press Releases

Order Book Size about Rs 108 Crores

Zen Technologies (www.zentechnologies.com) issued a press release to update the shareholders about the latest development in its games subsidiary company, Version2Games Ltd and its pending order size.

Zen Technologies Limited's wholly owned subsidiary Version2Games Limited is expected to launch its maiden PlayStation3 exclusive title Smash 'n' Survive (SnS) in the second quarter of FY12. SnS is expected to be India's first PlayStation3 game. SnS is a vehicle combat game which features 40 unique cars playable in 10 different circuits. The game features never before seen destruction and is an online multiplayer game.

Foray into Social Gaming: Version2Games is building social media game around the theme of SnS.

Motion Sensing Game: Version2Games is also working on its next multi-platform action adventure title which will feature motion sensing. The current team in collaboration with the industry veterans is working on the new title. The new game is expected to be launched in time for the Holiday season and the playable demo will be showcased in E3 - said to be the world's biggest launch platform for games.

The current order book size as on date is about 108 Crs. A significant part of the order book is expected to be executed during the current year.

About the company

Zen Technologies Limited, incorporated in 1993, is a pioneer in design, development and manufacture of world-class, state-of-the-art training simulators. Our mission is to provide our customers the highest level of products and services in our areas of expertise. Zen has an ISO 27001:2005 (ISMS), ISO 9001:2008 (QMS) certification.

Disclaimer

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, intense competition, political instability and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.