Press Release

MajescoMastek and ImageRight Announce Business Alliance

New York, New York, and Conyers, Georgia – January 20, 2009 – MajescoMastek, the U.S. subsidiary of global technology solutions provider Mastek (NSE: MASTEK), and ImageRight, the insurance industry’s leading provider of content management and workflow solutions, today announced a business alliance to deliver integrated technology solutions designed to enable insurers to improve operations.

The alliance brings MajescoMastek’s best-of-breed STG Billing solution and the rest of the STG Suite together with ImageRight‟s award-winning workflow-enabled content management system, used by more than 500 insurance carriers, reinsurers, MGAs, wholesalers, agents, brokers and TPAs. Together, these offerings will help customers go to market faster, run their businesses more economically, and achieve greater productivity.

“The focus of both MajescoMastek and ImageRight is to help customers achieve cost-effective results,” said Michael J. Conway, vice president of partnerships and strategic alliances for MajescoMastek. “This business alliance will enable us to resolve integration issues and deliver best-of-class operational components to our customers so they can compete successfully and improve overall operations.”

MajescoMastek joins ImageRight’s Integration Business Alliance at the highest level of partnership. The two companies are already working together with insurance clients including FCCI and Responsive Auto Insurance, delivering combined solutions to solve complex business problems.

“Our end-goal is always to develop the best possible integrated product for our customers in the insurance marketplace,” said Bob Helvey, channel manager for ImageRight. “Both ImageRight and MajescoMastek share a similar approach that involves listening to our customers’ needs and exceeding their expectations. This partnership will bring many benefits to both our existing and potential customers.”

This new alliance illustrates MajescoMastek’s commitment to building strong partnerships and collaborating with both its customers and strategic partners to ensure they achieve their goals.

“Partnerships and collaborative efforts are the future for our industry,” Conway said. “They are producing the innovative products and real ingenuity that add greater value for our customers. MajescoMastek is committed to providing our clients with the very “best-of-breed” solutions that can be assembled or combined from among our strategic partnership and alliance relationships. Some of these solutions might be private-labeled – where MajescoMastek handles primary client support functions seamlessly – and others might be straight forward integrations from third party vendor relationships, as with ImageRight. In all cases, our client’s need is the key determinant in how our solutions are configured.”

About ImageRight

Conyers, Ga.-based ImageRight is a wholly-owned subsidiary of Vertafore, Inc., a leading provider of specialized software solutions and information for the insurance industry. ImageRight provides complete content management solutions coupled with advanced workflow automation that is scalable for insurance operations of all sizes, and that has been implemented at over 500 companies within the insurance industry. For more information, please visit ImageRight on the Web at www.imageright.com, or contact an ImageRight professional via phone at (770) 860-0065 or via e-mail at: inquiry@imageright.com.

About Majesco

Majesco is a provider of core insurance technology software and IT services to insurance carriers (P&C and Life, Annuity, Group) globally. Majesco delivers proven software solutions and IT services in core insurance areas including policy administration, billing, claims and distribution.

Media Contact

Majesco
Tara Dilzer Alexander
Director, Marketing Communications and Creative Services
Phone: +1-718-916-6873
Email: tara.dilzeralexander@majesco.com

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