FOR IMMEDIATE RELEASE: July 4, 2008

For more information contact:

Hardik Sanghvi,

CEO, Vmukti Solutions Pvt. ltd

Contact no: +91 9879200444

Email: hardik@vmukti.com

India’s Leading Business News Channel: CNBC TV18 took an Exclusive Interview of Mr. Hardik Sanghvi, CEO, Vmukti Solutions Pvt. Ltd., on how he developed an idea of web conferencing into an innovative Unified Communications Platform, now popular as Vmukti.

The Interview started with discussions on the necessity of a green technology like web conferencing solution in today’s business environment and how emergence of communication platform like Vmukti has brought disruption in the Global Web Conferencing arena.

The CEO then explains as to how the journey began. The idea of developing a web conferencing solution came from a speech from the former President of India, Dr. APJ Abdul Kalam at a NASSCOM conference held at Mumbai.

Mr. HARDIK SANGHVI holds a Bachelors of Engineering in Electronics & Communications from the DDIT, one of the premier technology institutes of India. During his 9 years of experience, he has worked with fortune 500 companies like IBM and Xerox, USA as well as Asian giants like Tata Consultancy Services (TCS).

 He declined the offer of Green Card as well as high end job opportunities in Fortune 500 Companies to return back to India & serve his country with the rich experience he has gained. After returning home, he joins his brother, Kushal Sanghvi, who had already laid the foundation of Vmukti. Mr. KUSHAL SANGHVI serves as the Chief Financial Officer of VMukti and under his guidance VMukti had able to spread its wings in many Countries. Through his accurate foresight Adiance has been able to take the strong leaps at the right time. He has been a Center of excellence for Business management for his innovative yet Stringent Business Model. He has been an overseer of VMukti’s Global Finance.

By releasing the product in open source he is ensuring technology availability to everybody without discrimination. Besides savings in cost & time of businesses around the world the products are believed to help bridge the great digital divide.

He then goes back to the establishment phase of his start-up, to describe the rigorous assessments by a panel from Department of Science and Technology (DIST), before being incubated at CIIE, IIM Ahmedabad.

The interview is going to be broadcasted on CNBC TV18 at the following times: -

July 4   Friday 10:30 pm

July 5   Saturday 10 pm

July 6   Sunday 2 pm

Also register for Live Webcast on using Vmukti, http://www.vmukti.com

About VMukti:

VMukti is a highly scalable high quality and low cost multi-point unified communications, collaboration and conferencing software with built-in support for access to platform features through Personal Customizable Web Interface, Widgets for 3rd party websites, Desktops, and PSTN/ Mobile/ IP Phones. The Core Platform Includes Features like Audio/ Telephony, Multipoint Video Conferencing, Chat, File Search, Whiteboard, File-sharing, Presentation, Remote Monitoring & Controlling, Co-authoring, CRM, and more.

VMukti, which is incubated by IIM-Ahmedabad, is one of the only products in the world to converge the power of Web 2.0, P2P and Telecom. It has won many awards including NASSCOM 100 IT Innovators, Source Forge Community Choice Award Finalist, and Red Herring Asia 100 Finalist. VMukti has been getting amazing amount of traction in global market – with queries already coming from large corporates, governments and armies and reviews by Techcrunch and IT Wire. VMukti is basically a platform, on which web conferencing solutions (VMukti 1.0), call center software (VMukti 1.1), and softphone etc., can be built.

FOR IMMEDIATE RELEASE: June 27, 2008

For more information contact:

CIIE, IIM-A

Contact No. : – +91  9879200444

IIM-Ahmedabad is organizing Entrepreneurs Meet on June 28-29, 2008.

IIM alumni, Invitees from the Corporate Sector and Incubatees at the IIM-A are among the active participants of the event. The Entrepreneurship Conference is sponsored by Sequoia Capital, Tata Consultancy Services and Wadhwani Foundation. Vmukti Solutions Pvt. Ltd is the official Webcasting Partner of this event.

Vmukti will carry out Live Streaming of the full event including Cricket Match among IIM incubatees and invitees from the Global Corporate Sector through its web-video conferencing solution.

The event will be full of informal networking sessions among the entrepreneurs and the wanna- be entrepreneurs. The alumnus and the corporate invitees will share their experiences on how to climb this steep ladder to reach the zenith of entrepreneurial success.

Major speakers at the Entrepreneurs Conference are Prof Rakesh Basant (Chairperson – CIIE and Professor, IIM Ahmedabad), Prof. Anil Gupta (Professor, IIM Ahmedabad and Founder – National Innovations Foundation), Prof Sunil Handa (Professor, IIM Ahmedabad and Founder – Eklavya Foundation), Mr. Sanjeev Bhikchandani (Founder, Naukri.com), Mr. Rashesh Shah (Founder, Edelweiss Capital), Mr Deep Kalra (Founder, Makemytrip.com), Mr. Raghavendra Rao (Founder, Orchid Pharma), Mr. Sandeep Singhal (MD, Sequoia Capital), Mr. Shantanu Prakash (Founder, Educomp), Mr. Vijay Mahajan (Founder, Basix), Mr. Shankar Maruwada (Founder, Marketics), Mr. Nishith Arora (Founder, IntType), Mr. Nirmal Jain (Founder, Indiainfoline), S.B. Dangayach (MD, Sintex Industries), Srini Vudyagiri (MD, Lightspeed Venture Partner), Mr. Narendra Murkumbi (Founder, Renuka Sugars), Mr. Ashank Desai (Founder, Mastek) and Mr. Madan Mohanka (Founder, Tega Industries)

Discussions will be held  on topics like ‘The Entrepreneurial Life Cycle’ by a panel of experts including the biggies like Sandeep Singhal(MD, Sequoia Capital), Deep Kalra(founder, MakemyTrip), Shantanu Prakash(Founder, Educomp) and the likes.

The event can be watched live at http://www.vmukti.com

Vmukti is an open source alternative to proprietary web conferencing packages like WebEx and GoToMeeting . Company releases its Beta 2.0 in June 1 2008 of their on-premise solution.

Today the company is releasing a Community version of that solution that requires no setup to use – not even a browser plug-in like other offerings for vista users. CEO Hardik Sanghvi says by getting rid of plug-ins, Vmukti will be more accessible to those who are either technically un-savvy or wary of installing 3rd-party software online.

The Social community site would have web conferencing experience has the same functionality as the on-premise one, except that companies can’t customize it to look like their websites. Vmukti can be used to run slideshow presentations, hold collaborative freehand drawing sessions, chat (in groups or privately), along with doing all other things which any other community site.

The free version of the product has no limitation for simultaneous users. Company also said community site will be supported by advertisements. For the Organization, Vmukti says that its on-premise solution has been downloaded over 100000 times in around 100 countries.