OTCO International Ltd share Price

OTCO International, the Bangalore based Software Development company is providing solutions for educational sector, Insurance sector, NGO`s, Religious Organisations, Databasemanagement and Corporates. The company has developed a unique web based educational and training software package called `Valuenet 2000`. The company has launched IMP@CT Software, a solution tailor made for Micro Finance institutions during the year 2001-02. The company has also developed another software called `Insure - Academy` which is an online insurance training package exclusively for Insurance Sector. The company is awaiting for the appraval from IRDA for this multilingual Online Insurance Academy. OTCO is exploring the possibility of growth in the fields of Bioinformatics, Broadband, Wireless Communication and Biometrics as the scope in this area is having a bright future. The company has entered into an JV with one of largest business housed of Bangladesh to tap the market for its Micro Finance software solution IMP@CT. The company is looking for similar tieups to address prospective clients of IMP@CT in Africa, East Europe and South America. OTCO is in the process of incorporating a new company in association with the Open Net Inc. to tap the opportunities in the Health Insurance Sector. The company has inked an agreement with Planet Finance of France, a reputed global micro finance institution in October 2003 to function as their MIS partner in India initially and in other global destinations in the future.