Tata Consultancy Services and Gizmox Enter into Strategic Alliance

Solution will enable organizations to migrate VB6 applications fast with minimal cost to .NET, server/client architecture for Web / Cloud or Mobile. End Quote

(1888PressRelease) March 25, 2011 - Tel Aviv - Gizmox, the developer of the award-winning Visual WebGui (VWG) and cloud Platform, announced today that they have entered into a strategic alliance with TCS - Tata Consultancy Services and will be launching a joint solution for migrating VB6 applications to .NET. The alliance was formed following Microsoft's decision to end support for the VB6 environment within the next few months.

The companies will be providing an all inclusive migration solution (turnkey) to migrate business applications running legacy environments such as VB6, COBOL, Oracle Forms and Windows Forms to .NET in client/server or Web / Cloud architecture. The collaboration will initially be within with the Israeli market with a view to expansion into global markets. The new solution will enable organizations to avoid the significant expenses of cost and time associated with re-writing applications and provides rapid transition from the old to the new environment.

"TCS is in constant pursuit of innovation, and Gizmox represents technology innovation at its best. With Gizmox's help we are optimizing and improving the work of the world's largest organizations", says Shmuel Blank, CEO, TCS

"We are delighted that TCS have selected our Visual WebGui technology. This technology is in great demand and is currently in use in around 35,000 organizations worldwide. With TCS's leading position in the market place, we will be able to provide a vast number of companies with the technology they need for rapid implementation of new applications, whether to be deployed on mobile or tablet devices and whether the organization is running a private or public cloud", commented Navot Peled, President of Gizmox.

TCS is one of the leading software houses and integrators worldwide. With 200,000 employees and annual revenues of approximately $7 billion, TCS specializes in large complex projects in the fields of computing and software. The company has been in operation for five years, and its customer base includes: Zim, Teva, EL AL, The Jewish Agency, Mellanox, Micron, GE and more.

Gizmox, which was established in 2007 by Navot and Guy Peled and Itzik Spitzen, is the developer of a unique technology platform that combines virtualization and application streaming to enable enterprise desktop applications to run on secured-by-design internet environments, as if they are running in a desktop environment. Gizmox works in cooperation with Microsoft Israel and their Instant CloudMove solution is used to migrate enterprise applications to Windows Azure. The company recently began offering its technology in the cellular space and together with sister company Ideomobile, they have implemented business enterprise applications at Bank Hapoalim, Israel Discount Bank, Maccabi Healthcare Services, Leumi and other organizations.

About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development.

A part of the Tata Group, India's largest industrial conglomerate, TCS has over 186,500 of the world's best trained professionals in 42 countries. The Company generated consolidated revenues of US $ 6.3 billion for fiscal year ended 31 March, 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.
For more information, visit us at www.tcs.com.

About Visual WebGui
Visual WebGui, www.visualwebgui.com, is the first secured-by-design .NET open source Ajax empowered Web/Cloud and Mobile HTML and HTML5-based application platform. It reproduces uncompromised desktop functionality richness on the Web, Cloud and Mobile at commoditized costs. The Visual WebGui solution offers features that build, migrate, run and manage Web, Cloud and Mobile applications. It removes the Ajax complexities and limitations for business applications, as well as the web cloud and mobile's single most limiting factor - the network limitation. It enables applications of any size and weight to be used on desktop, web, cloud and mobile from the same codebase, essentially forever changing the way businesses use web, cloud and mobiles for their organizational needs. In 3 years, Visual WebGui has more than 700,000 downloads of its software and over 35,000 VWG applications that are already in production, at first tier organizations such as SAP, IBM, Israel Aerospace Industry, Visa, Texas Instruments, banks, medical, government and military institutions.
For more information, visit us at www.visualwebgui.com and follow us ( @ ) visualwebgui dot

Media Contact:
Aaron Godfrey
NCSM Strategic Marketing
T: +44 (208) 150 6940 or +972-545-346870
Skype: ncsm.strategic.marketing
www.ncsm.co.il

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