Bpa Technologies,

May 2012: ICTEAS (ICRA Techno Analytics Ltd) a wholly owned subsidiary of ICRA Ltd, buys 50.1% stake of California based BPA Technologies Inc., a business consulting and software technology consulting firm. BPA Technologies Inc. focused on Enterprise Content Management (ECM), enterprise portal and collaboration has development centres in Chennai and Visakhapatnam besides sales and customer service centre in Singapore. The critical factors behind selection of BPA Technologies by ICTEAS was ECM is a fast growing space in the IT World and has a lot of synergy with the focus of ICTEAS area of business. Moreover it complements their domain competencies. About BPA Technologies BPA Technologies is a global technology services firm delivering Enterprise Content Management (ECM), Portal and Collaboration solutions, and Comprehensive QA Solutions. With a global delivery model, BPA offers innovative and cost effective information management solutions to its clients across various industries. www.bpatech.com About ICTEAS ICRA Techno Analytics Limited is a global information technology organization, with offices in India and USA, and partners across Asia, Europe and America. Our core strengths are Business Intelligence (BI) and analytics where our frontline BI product, popularly known as the TurfView suite, is currently deployed across more than 15 countries by clients such as British Petroleum. We also offer Engineering Design Services. www.icteas.com