Zylog India Picks Antcor S.A as Partner

ATHENS, Greece, April 11, 2011 - Antcor S.A., a leading provider of robust software solutions
for the Broadband Wireless Access (BWA) market, announced today it has been
selected by Zylog Systems India Limited to empower the massive rollout of its
'Wi5 Broadband' fixed wireless data services across India. Through this
partnership, Antcor will enable 'Wi5 Broadband' equipment with tailored and
state of the art software, which will allow the efficient and reliable
operation of the wireless network.

Wi5 Broadband is an initiative of Zylog Systems India Limited
(ZSIL) - a category 'A' ISP and subsidiary of Zylog Systems Limited (ZSL),
that is a global IT solutions group providing Onshore, Offshore & Near shore
technology solutions and services to enterprises & technology companies
across the globe for over 15 years.

ZSL is headquartered in Edison, NJ, USA with employees and
offices that span the globe in North America, Europe and Asia. ZSL is listed
on the National Stock Exchange & Bombay Stock Exchange of India.

Zylog Systems India Limited (ZSIL) is headquartered in Chennai
and offers Wi5 Broadband services in Tamil Nadu, Andhra Pradesh, Karnataka,
Punjab and Gujarat before spreading to other parts of India.

Antcor's solid experience in outdoor WIFI solutions and the
flexibility to provide tailored solutions that meet customer's needs, have
been the main drivers of Zylog's strategic decision.

Costas Meimetis, Antcor's CEO said: "We are excited to partner
with Zylog on this promising project and take active part in their vision to
revolutionize broadband connectivity in India. Our WIFI software technology
has been deployed in hundreds of networks around the globe with exceptional
results and we are extremely happy that we now have the opportunity to assist
in reducing the digital divide in one of the fastest growing economies in the
World."

Speaking about the partnership, Venkatesh S - Wi5's Chief Operating
Officer, said: "Our relationship with Antcor will help us move ahead with our
expansion plan with confidence." Shivkumar J, Wi5's Chief Technology Officer,
added: "A successful pilot deployment has been completed in the city of
Madurai, while an aggressive rollout plan of over 100 cities will follow.

Leveraging Antcor's technology and expertise allows us to
provide an efficient quality network, offering valuable broadband services
across India. The flexibility we had with Antcor to tailor their solutions
according to our needs has been a cornerstone of our decision."

The overall Indian Wi-Fi market is expected to be $744 million
by 2012 from the present $41.57 million growing at over 60 per cent every
year [including wireless local area networking (WLAN) hardware, systems
integration and software services, not including embedded devices and
laptops.

About Antcor S.A. (www.antcor.com)

Antcor S.A. is a pioneer in software solutions for broadband
wireless equipment and LTE software implementations for programmable Software
Defined Radio (SDR) platforms. Antcor was founded in 2004, with headquarters
in Athens, Greece.

Media Contact: Mr. Costas Meimetis, cmeimetis at antcor.com, +30-210-522-2290