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New Age Electronics Awards Oracle Implementation Project to Intelligroup

Intelligroup Selected After Rigorous and Competitive Selection Process

Edison, NJ (July 12, 2005) Intelligroup Inc., a global provider of strategic ERP outsourcing services and an IT partner to some of the world’s largest companies, today announced that New Age Electronics, a leading provider of consumer technology sales and -retail channel management solutions, has selected Intelligroup for its Oracle 11.5.10 implementation. Intelligroup’s demonstrated domain knowledge and recognized vertical expertise and strategy were instrumental in the decision to award this contract to Intelligroup after a rigorous and competitive selection process.

Intelligroup’s team will implement Oracle 11.5.10 for Financials, Trade Management, Procurement, Supply Chain Planning, WMS, Order Management, Manufacturing and Customer Relationship Management. Its industry, technical, and functional knowledge allows Intelligroup to accelerate the New Age Electronics implementation and deliver in a rapid 16 weeks to meet the client’s aggressive timelines.

“The selection process for an ERP application and implementation partner required a sound business case and assessment of our requirements,” said Sam Changizi, Chief Information Officer of New Age Electronics. “Intelligroup quickly distinguished itself by providing real-life solutions to our process owners and demonstrating an understanding for our business and the challenges we face.”

“Intelligroup is very pleased to be working with New Age Electronics on its ERP implementation,” said Sivakumar Rajagopalan, Vice President of Consumer Products Practice at Intelligroup. “Our quick assessment of New Age Electronics’ requirements and current environment, along with our ability to recommend solutions to meet its business objectives, were key elements to our winning this contract. We look forward to a long and successful relationship with New Age Electronics.”

“Intelligroup looks forward to leverage its domain expertise combined with its knowledge of Oracle Supply Chain Management and Distribution modules to provide New Age Electronics with the best solution to meet its business goals within an aggressive timeframe,” said Srinivas BK, Associate Director, Oracle Practice at Intelligroup.

About New Age Electronics, Inc.
New Age Electronics is a sales outsourcing powerhouse that provides consumer technology (CT) manufacturers with a broad offering of logistics, distribution and remanufacturing services. Extensive experience in the CT industry and a customer-centric approach has made New Age the provider of choice for manufacturers such as HP, Panasonic and Sharp, and national and regional retailers such as Big Lots, Aaron’s Rents and Nebraska Furniture Mart. New Age distinguishes itself with extremely efficient operations and relentless focus on customer satisfaction. Founded in 1988, New Age is headquartered in Carson, Calif. For more information on New Age, call (310) 549-0000, toll-free (888) 234-0300 or visit the company’s Web site at http://www.newageinc.com.

About Intelligroup
Intelligroup is a strategic partner to the world’s largest companies. Its proven onsite/offshore delivery model has enabled hundreds of customers to accelerate results and reduce costs up to 50%. With deep expertise in industry-specific enterprise solutions, Intelligroup has earned a reputation for consistently exceeding client expectations. Intelligroup develops, implements and supports IT solutions for some of the largest U.S. school systems and global corporations including GE, Hershey,
Abbott Labs, Eastman Chemical, Hitachi, and Kimball International.

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Certain statements contained herein, including statements regarding the development of services and markets and future demand for services and other statements regarding matters that are not historical facts, are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include risks and uncertainties; consequently, actual results may differ materially from those expressed or implied thereby. Certain of such risks and uncertainties are set forth in Intelligroup’s filings with the Securities and Exchange Commission.
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