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Majesco Announces Schedule for May 11 Investor Day in New York

Majesco Announces Schedule for May 11 Investor Day in New York

Press Release

Morristown, NJ – April 26, 2016 - Majesco, a global provider of software, consulting and services for insurance business transformation, today announces the schedule for its inaugural investor Day on May 11, 2016 at the Waldorf Astoria New York.

The Investor Day will begin at 1:00 p.m. on Wednesday, May 11, 2016 at the Waldorf Astoria, New York and will include management presentations, product demonstrations, and customer panels.  The event will conclude at 5:00 p.m. and will be immediately followed by a cocktail reception allowing investors to engage with Majesco’s management team.

“The market opportunity for our technology solutions continues to grow and we are experiencing strengthening demand from P&C and L&A carriers for our diverse product and service offerings,” stated Ketan Mehta, Majesco’s Chief Executive Officer & Co-Founder.

“We are planning an Investor Day with presentations that highlight the insurance market opportunity and detail how Majesco is positioning for significant growth.  In addition, product demonstrations, as well as management and customer access will provide investors with insight into Majesco’s competitive position.  The P&C and L&A insurance industries are undergoing a significant disruption and technology evolution.  Majesco’s end-to-end core operating systems, cloud business platform and emerging technology solutions are well positioned to help carriers with their transformation journey, and we are looking forward to sharing our insight with the investment community,” continued Mr. Mehta.

Those interested in attending Majesco’s May 11, 2016 Investor Day should email Majesco’s investor relations department at andrew@smberger.com.

 

About Majesco

Majesco enables insurance business transformation for approximately 140 insurance customers by providing solutions which include software, consulting and services.

Our customers are insurers, MGA’s and other risk providers from the Property and Casualty, Life, Annuity and Group insurance segments worldwide.   Majesco delivers proven software solutions, consulting and services in the core insurance areas such as policy, billing, claims, distribution management, BI/ analytics, digital, application management, cloud and more. For more details on Majesco, please visit majesco.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under “Item 1A – Risk Factors” in Majesco’s Annual Report on Form 10-K.

Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to:  integration risks;  changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco’s ability to raise capital to fund future growth.

These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.

Majesco Contacts:

Corporate Contact                                                                               Investor & Media Contact

Ann Massey                                                                                          SM Berger & Co

SVP-Finance                                                                                          Andrew Berger

(973) 461-5190                                                                                    (216) 464-6400

ann.massey@majesco.com                                                                andrew@smberger.com