Date:03/05/2005 URL: http://www.thehindubusinessline.com/2005/05/03/stories/2005050302110501.htm

Back Teledata bags $1-m China deal

Our Bureau

CHENNAI: Teledata Informatics Ltd has bagged a $1-million order from Sinotrans Shipping Ltd, Beijing.

The Chinese firm will use the Teledata's Ship Manager software in its fleet of 34 vessels and in its onshore offices. Teledata will implement this order in two phases at a cost of $750,000 and maintenance at an extra cost of 15 per cent a year, the Chennai-based company informed the BSE.

Mr K. Padmanabhan, Director, said Teledata would soon come out with a Chinese version of Ship Manager to tap the large Chinese shipping industry.