Manthan Systems Expands its Presence into ANZ

Opens its Regional Office in Melbourne

MELBOURNE, Australia, September 9, 2010 - Manthan Systems, a leading provider of Business Intelligence (BI) and
Analytics solutions for the retail and consumer goods industries, announced
the opening of their first office in Melbourne. The new office will cater to
the growing demand for Manthan's ARC Retail Business Intelligence products in
the Australia and New Zealand market.

Manthan's award-winning suite of Retail BI solutions is quickly being
recognized by global retailers as a game changing solution, providing them to
take data-driven business decisions. The ARC suite comprises of products like
Merchandising Analytics, Finance Analytics, Customer Analytics & Supplier
Collaboration & Analytics.

The company has been investing and strengthening its position in
Australia to expand its footprint in the region and provide their customers
with the advantages of a dedicated local team as well as to leverage the near
shore advantage of similar time zones for global clients. With several
offices already set up in the US, Europe & Asia, the new office in Melbourne
is part of their continuous growth stratagem.

In the long term, Manthan Systems aims to significantly expand its client
base in Australia and New Zealand region. Paul Foxcroft, who recently joined
Manthan Australia as the Vice President for Business Development, will be
based out of the Melbourne office and head their operations.

Atul Jalan, CEO & Managing Director said, "With the appointment of Paul,
we will be able to forge ahead with our new business development efforts - a
key milestone in the overall strategy of Manthan's market development in the
ANZ region. Australia is an important market for us and we enjoy a good deal
of business success here as Australian retailers realise the importance of
retail analytics and the power it provides them in taking strategic
decisions. "

Paul will be entrusted with the responsibility to develop new
relationships with customers and partners and to provide comprehensive
support in the region. Paul is quick to add, "The new office in Melbourne
provides us with the ability to give our Australian clients better service
and increase our presence in the region substantially. It is vital to have
our consultants close to our clients, taking our service support and client
relationship to the next level."

About Manthan Systems

Manthan Systems produces cutting edge analytic solutions for global
retail and CPG organizations. Manthan's breakthrough solutions, under the
brand name ARC, transform the way retailers use analytics driven decision
making for strategic advantage. The ARC product portfolio spans the entire
spectrum of retail decision making with role-based, pre-built applications,
and includes products for merchandising analytics, financial analytics,
customer analytics, supplier collaboration analytics and enterprise retail
BI. These award winning products provide a significant edge to an
organization's analytical capability and maturity, and are proven to deliver
unmatched business benefits in a remarkably short timeframe. Manthan's
experience spans a wide range of retail segments and formats, having
transformed decision making for some of the biggest names in retail across
the globe. For more information, visit www.manthansystems.com.

Contact: Paul Foxcroft - P: +61-3-9394-6362 -
media.contact@manthansystems.com - www.manthansystems.com

Contact: Paul Foxcroft - P: +61-3-9394-6362 - media.contact at manthansystems.com