Intelligroup,
Inc.: SEC Investigation Has Been Terminated
EDISON, N.J., February 7, 2006/PRNewswire-FirstCall/
-- Intelligroup, Inc. (“Intelligroup”
or the “Company”), a global
provider of strategic IT outsourcing
services, today announced that it
received notice from the staff of
the United States Securities and Exchange
Commission (“SEC”) that
its investigation of the Company in
connection with the issuance of the
Company's financial statements for
prior periods has been terminated
and that no enforcement action has
been recommended.
About Intelligroup
Intelligroup, Inc. is an information
technology services strategic outsourcing
partner to the world’s largest
companies. Intelligroup develops,
implements and supports information
technology solutions for global corporations
and public sector organizations. The
Company’s onsite/offshore delivery
model has enabled hundreds of customers
to accelerate results and significantly
reduce costs. With extensive expertise
in industry-specific enterprise solutions,
Intelligroup has earned a reputation
for consistently exceeding client
expectations.
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