News Release from Nandini

Nandini, SourceIndia Launch New Website

February 14, 2004. East Brunswick, NJ, USA.

Nandini Consultancy Centre Pvt. Ltd.(Chennai, India) and SourceIndia, Inc, (East Brunswick, NJ) unveiled their new website and announced new services today.

The revised website, http://www.nandinichemical.com provides more detailed information about Nandini's products and services, and also emphasizes their international capabilities.

Some of the interactive features of the new website, including a discussion forum, classified sections and publications of the readers will go live shortly.

Commenting on this new initiative, Mr. N. S. Venkataraman, Nandini's Director said, "We have always been providing services to both Indian and International Clients in the chemical and allied fields. Our new website is an attempt to reach out to those organizations who may not be familiar with us with our message that we can provide technology and market research on a global basis. We also want to let them know that high quality research doesn't have to be expensive and they can use us as their virtual research arm for global or regional research."

One of the new services that is being offered is a global research outsourcing service, where consulting companies can outsource some of their research needs to Nandini.

"The word outsourcing today, particularly in the IT sector, has created a negative image, and is often seen as associated with loss in jobs in the west," said Mr. N. S. Venkataraman. "However, here, we are trying to create a win-win situation for both Nandini, and the company that we are helping. Our focus in outsourcing services will be simply to quickly and inexpensively provide secondary and tertiary research material to our customer, so they can complement it with their first hand research and complete their assignments quicker and focus on their next assignment. Done properly, such outsourcing can actually create more jobs and profits for both companies."

Some of the interactive features of the new website, including a discussion forum, classified
sections and publications of the readers will go live in March, 2004.

Nandini website is created and run by SourceIndia, Inc., a New Jersey, USA company which has marketing arrangement with Nandini. SourceIndia's mission is to promote trade and technology transfer between India and the US.

For further Information, contact Nandini or SourceIndia at:

E-mail: info@nandinichemical.com

India Office:

Nandini Institute of Chemical Industries
M 60/1 IV Cross Street, Besant Nagar, Chennai 600 090
Tel: +91-44-24961346; 24961792, Fax: +91-44-24916037

North America (USA) Contact:

SourceIndia, Inc. 11 Rues Lane, East Brunswick, NJ 08816
Tel: +1-732-390-743

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