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    <title>IntraSoft Technologies LTd - Latest Press Releases on ReleaseWire</title>
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      <title>IntraSoft Technologies Limited Reports 75% YoY Income Growth for the Fourth Quarter Ended 31 March 2012</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">IntraSoft Technologies Limited announced its unaudited consolidated financial results for the fourth quarter ended March 31, 2012.</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 05/31/2012 --  IntraSoft Technologies Limited Reports 75% YoY Income Growth for the Fourth Quarter Ended 31 March 2012<br />
<br />
IntraSoft Technologies Ltd. (BSE: 533181, NSE: ISFT), owners of one of the largest electronic greetings website <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, recently announced its unaudited consolidated financial results for the fourth quarter ended March 31, 2012.<br />
<br />
Q4 FY2012 Highlights :( All comparisons are with Q4 FY2011 figures)<br />
- Total income at Rs.1850 lacs up by 75% from Rs. 1057 lacs<br />
- PAT reported at Rs. 291 lacs up by 6% from Rs. 275 lacs<br />
<br />
FY2012 Highlights: (All comparisons are with FY2011 figures)<br />
- Total income at Rs. 6626 lacs up by 55% from Rs. 4275 lacs<br />
- PAT reported at Rs. 1101 lacs up by 9% from Rs. 1008 lacs<br />
<br />
On a quarterly consolidated basis, the company posted a robust income growth of 75% from Rs. 1057.29 lacs in Q4 2010-11 to Rs. 1850.41 lacs in Q4 2011-12. Profit after Tax (PAT) grew by 5.6% from Rs. 275.27 Lacs in Q4 2010-11 to Rs. 290.62 lacs in Q4 2011-12.<br />
<br />
Commenting on the results Mr. Arvind Kajaria, Managing Director, IntraSoft Technologies Ltd.said, "ITL has displayed healthy performance this quarter. In direct contrast to the global cues, the company has posted a substantial income growth. The discerning investments made in the past have helped the company grow significantly in size. Newer markets are being penetrated and in the existing markets we continue to consolidate our position."<br />
<br />
"While the E-commerce division added more products and saw an increase in the number of vendors, our Facebook application and the value added services like Connect, Invites and Studio continued to augment user engagement and divert traffic to our sites. The growth momentum is expected to continue through the medium and long term."<br />
<br />
Operational Performance Highlights:<br />
- This quarter, 123Greetings Store, the online gifting e-commerce business, shipped 32,345 orders. The number of vendors grew from 161 to 205. The steady performance was achieved despite the sluggishness traditionally witnessed in the fourth quarter.<br />
<br />
- 123Greetings Connect, the feature that enables users to import and store unlimited contacts from their mail boxes and set their contacts and birthdays on the cloud, witnessed a rise from 1,437,433 users on September 30, 2011 and 1,621,623 on December 31, 2011 to 1,732,253 on March 31, 2012.<br />
<br />
- 123Greetings Invites witnessed the creation of 745 new events during the quarter. During the same period, 7972 invites were sent using this feature.<br />
<br />
- 123Greetings Studio, a creative platform launched a year ago, observed a steady 11% rise in users. The Studio users increased from 13,961 as on December 31, 2011 to 15,461 through the current quarter.<br />
<br />
- 123Greetings continued to maintain traction and witnessed an addition of 1,609 new cards in the quarter.<br />
<br />
- The registered user base of 123Greetings Facebook application grew from 1,001,500 to 1,037,650. About 771,068 cards were sent by 225,192 users during this period.<br />
<br />
"Going forward, the consolidation of our various value added services and the continued growth of our two businesses, would serve as a blueprint to deliver long term sustainable profitability. We have been consistent in maximizing shareholder value through a sustained performance even during non-conducive market conditions. Our strong market position in the e-greetings space, focused strategies to drive traffic to our websites and our success in the e-commerce business represents the foundation for sustainable growth", concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level.<br />
<br />
Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
About IntraSoft Technologies Limited<br />
IntraSoft Technologies Limited owns and operates <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, one of the most visited electronic greeting cards website in the world. The Company operates through its wholly owned subsidiaries in various geographies, which are 123Greetings.com,lnc.(USA), One Two Three Greetings (India) Pvt. Ltd. (India) &amp; 123Greetings (Singapore) Pte Ltd. (Singapore).</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />Intrasoft Technologies Ltd<br />Telephone: 912224912123<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/142802">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=142802&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 31 May 2012 09:45:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>123Greetings.com Launches Special &amp; Unique Ecards for International Women's Day</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">123Greetings.com has come out with a wide range of special e-greeting cards to usher in the celebration of Women’s Day globally.</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 03/08/2012 --  The world&apos;s leading e-greeting cards provider 123Greetings.com has come out with a wide range of special e-greeting cards to usher in the celebration of Women&apos;s Day globally. There are over 10 categories of e-cards with lively animations and sound effects which are available at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/events/womens_day/" href="http://www.123greetings.com/events/womens_day/">http://www.123greetings.com/events/womens_day/</a><br />
<br />
International Women&apos;s Day has been observed since early 1900. Each year, on March 8, thousands of events are held across the world to mark the economic, political and social achievements of women.<br />
<br />
Mr. Arvind Kajaria, Founder, 123Greetings.com, says, "It&apos;s an occasion of solemn show of respect and love for women. The e-cards should serve as a platform for women to be appreciated and commended for their achievements either at home or in their place of work."<br />
<br />
"With a range of over 325 cards, 123Greetings.com has one of the largest unique collections of free e-cards for International Women&apos;s Day. The various categories include &apos;Happy Women&apos;s Day&apos;, &apos;Love&apos;, &apos;Flowers&apos;, &apos;Family&apos; and &apos;Specials&apos; among others. The largest of these categories, &apos;Happy Women&apos;s Day&apos; has over 120 e-cards. The collection includes an animated e-card that shows a red rose with a heart sparkling with stars expressing love &amp; affection and recognition of women&apos;s specialty. The animated script makes the receiver of the card feel very special.<br />
<br />
"Each festival has its own significance and importance. Women&apos;s day observes the global progressive outlook on women and their rights. It presents an opportunity for men to convey their appreciation and empathy towards women by means of e-greetings," concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. <br />
<br />
Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
For more information on the company, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://info.123greetings.com" href="http://info.123greetings.com">http://info.123greetings.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />Media Manager<br />Intrasoft Technologies Ltd<br />Telephone: 02224912123<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/130319">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=130319&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 08 Mar 2012 21:30:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Spread Colors of Love This Holi With Exclusive Ecards from 123Greetings.com</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 03/07/2012 --  123Greetings.com, the world&apos;s leading e-greeting cards provider, has launched its new range of vibrant and colorful e-cards for the upcoming Holi to be celebrated on March 8, 2012. One can now enjoy the festive spirit of Holi and spread the colors of love by sending free e-cards from 123Greetings.com available at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/events/holi/" href="http://www.123greetings.com/events/holi/">http://www.123greetings.com/events/holi/</a><br />
<br />
Holi is a Hindu spring festival celebrated across the globe and is also known as the festival of colors. The day is marked by participants taking turns at pouring colored water on each other and applying powdered color known as &apos;Gulal&apos;. Celebrated with high levels of energy and excitement, Holi is one of the most keenly awaited festivals in India.<br />
<br />
The Holi collection of e-greeting cards includes more than 170 e-cards with different expressions of love and gratitude spanning over 9 categories that include &apos;Happy Holi&apos;, &apos;Holi Hungama&apos;, &apos;Family&apos; , &apos;Specials&apos; and &apos;Love&apos; to name a few. Each category offers several choices to cater to different age groups and varied social circles. The artistic e-cards are designed exclusively to convey different emotions. The epic love story of Hindu God Krishna and his beloved Radha has also been featured in few of the cards . With compelling sound effects and innovative graphics, the cards reflect the vivacious spirit of the festival.<br />
<br />
"We make sure that each category of our e-cards captures the exact spirit of the festival. For Holi, we have launched e-cards full of color, joy and happiness. One can simply choose an e-card from our vast repertoire and celebrate the festival virtually from any geography with any member of family, friends or colleagues," says Mr. Arvind Kajaria, Founder, 123Greetings.com.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. <br />
<br />
Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
For more information on the company, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://info.123greetings.com" href="http://info.123greetings.com">http://info.123greetings.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />123Greetings.com<br />Telephone: 6462574032<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/129989">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=129989&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 07 Mar 2012 11:33:15 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>IntraSoft Technologies Limited Reports 57% YoY Income Growth for the Third Quarter Ended 31 December 2011</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">IntraSoft Technologies Ltd.announced its unaudited consolidated financial results for the third quarter ended December 31, 2011.</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 02/09/2012 --  IntraSoft Technologies Ltd. (BSE: 533181, NSE: ISFT), owners of one of the largest electronic greetings website <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, today announced its unaudited consolidated financial results for the third quarter ended December 31, 2011.<br />
<br />
Q3 FY2012 Highlights :(All comparisons are with Q3 FY2011 figures)<br />
- Total income at Rs.2372 lacs up by 57% from Rs. 1514 lacs<br />
- PAT reported at Rs. 391 lacs up by 2% from Rs. 384 lacs<br />
9M FY2012 Highlights: (All comparisons are with 9M FY2011 figures)<br />
- Total income at Rs. 4775 lacs up by 48% from Rs. 3228 lacs<br />
- PAT reported at Rs. 840 lacs up by 14% from Rs. 738 lacs<br />
On a quarterly consolidated basis, the company posted a robust income growth of 56.7% from Rs. 1514.16 lacs in Q3 2010-11 to Rs. 2372.02 lacs in Q3 2011-12. Profit after Tax (PAT) grew by 1.8% from Rs. 384.09 Lacs in Q3 2010-11 to Rs. 390.93 lacs in Q3 2011-12.<br />
<br />
Commenting on the results Mr. Arvind Kajaria, Managing Director, IntraSoft Technologies Ltd. said, "We are pleased to present our results for the quarter ended 31st December 2011. The company has seen an impressive growth in revenue during the last fiscal, despite the weak global conditions. Sustained growth in our E-commerce business coupled with increasing acceptability of our special features &apos;Studio&apos; and &apos;Connect&apos; in the greetings business contributed to the buoyancy in revenues.<br />
"We continued to increase investments in the E-commerce business through automation and increasing the team size. While, this has kept the margins under pressure, we are confident of reporting higher revenues and profits in the subsequent quarters."<br />
<br />
Operational Performance Highlights:<br />
- 123Greetings Store, the online gifting e-commerce business, witnessed tremendous growth. During the quarter, a total of 57,042 orders were shipped as compared to 24,931 orders in the last quarter, growth of 128.8%; averaging approx 634 orders/day, from an active base of 161 Vendors.<br />
<br />
- 123Greetings Connect was added in June 2010. The feature enables users to import and store unlimited contacts from their mail boxes and access their personal Address Book and set their contacts, birthdays from anywhere in the world. It received a great response with the registered users rising from 1,437,433 as on September 30, 2011 to 1,621,623 as on December 31, 2011, notching a growth of almost 12.81%.<br />
<br />
- 123Greetings Invites, a value added feature that enhances user experience, witnessed the creation of 967 new events during the quarter. During the same period, 9,080 invites were sent using this feature, which is more than double of the previous quarter in the same financial year.<br />
<br />
- 123Greetings Studio, a creative platform launched a year ago, observed a remarkable 15% rise in users. The Studio users increased from 12,120 as on September 30, 2011 to 13,961 through the quarter.<br />
<br />
- The core business of 123Greetings continued to maintain traction and witnessed an addition of 1,408 new cards in the quarter.<br />
<br />
- As part of its continuous endeavour to increase its reach across the social media platforms, 123Greetings has introduced "Send to Facebook" feature to facilitate users send greetings to their Facebook friends at the click of a button. The feature has received an overwhelming response and helped the website generate additional traffic.<br />
<br />
- 123Greetings Facebook application that helps people to connect and share greetings on the social media platform has registered a user base of 1,001,500 users at the end of this quarter. About 1,944,328 cards were sent by 211,985 users during this period.<br />
"Our incessant focus remains to innovate and deliver customer satisfaction at every step. The new offerings by 123Greetings have been appreciated by the users and continue to receive a very positive response. While, 123Greetings Stores, notwithstanding the short-term challenges, stays focused on the long-term growth opportunities by investing in platforms and solutions – which will accelerate customer satisfaction, enhance returns for our shareholders and deliver higher business value. Moving ahead we will continue to strengthen our business model in order to deliver our service effectively. Our continuous initiatives in the ever-changing market trends will help us to expand our horizons and enhance the business profitability quarter over quarter," concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
About IntraSoft Technologies Limited<br />
IntraSoft Technologies Limited owns and operates <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, one of the most visited electronic greeting cards website in the world. The Company operates through its wholly owned subsidiaries in various geographies, which are 123Greetings.com,lnc.(USA), One Two Three Greetings (India) Pvt. Ltd. (India) &amp; 123Greetings (Singapore) Pte Ltd. (Singapore).<br />
<br />
For more information please contact:<br />
For Media:<br />
Balakrishna Pillai <br />
Director &amp; CEO <br />
Spin Communique <br />
Ph: +91-9820154049 <br />
Email: balapillai@spincommunique.com</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />Media Manager<br />Intrasoft Technologies Ltd<br />Telephone: 02224912123<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/126232">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=126232&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 09 Feb 2012 21:30:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>123Greetings.com Spreads Out E-cards Christmas Collection</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 12/22/2011 --  The world&apos;s leading e-greetings provider, 123Greetings.com has come out with a wide variety of Christmas e-cards to mark the late December celebrations and spread Christmas cheer. The entire collection is available at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/events/christmas/" href="http://www.123greetings.com/events/christmas/">http://www.123greetings.com/events/christmas/</a><br />
<br />
Mr. Arvind Kajaria, Founder, 123Greetings.com says, "It&apos;s festive season the world over and the time when people greet and share warmth and friendship. The 123Greetings.com repository on the occasion of Christmas has generously accommodated all categories of relationships."<br />
<br />
The Christmas e-cards are available in 23 categories. Each category in turn comes with a wide range of animations and special effects that enhance the look and feel of the greetings.<br />
<br />
The four most popular Christmas categories are Merry Christmas, Spirit of Christmas, Religious Blessing, and Humor &amp; Pranks. The Merry Christmas section which has a universal appeal includes over 250 types of greeting cards.<br />
<br />
In one of the popular categories, Merry Christmas, there is a card which comes with an animated Christmas carol. Baby Jesus is shown on the manger. Mother Mary along with the three wise men who came to see Jesus, is shown watching Him sleep benevolently. The essence of the Christmas spirit is captured in this card.<br />
<br />
Mr. Kajaria says, "Christmas is a season of homecoming and vacations for many in pursuit of careers. We at 123Greetings.com offer the best services on this occasion for these otherwise busy souls to exchange greetings and stay in touch with their near and dear ones."<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. <br />
<br />
Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
For more information on the company, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://info.123greetings.com" href="http://info.123greetings.com">http://info.123greetings.com</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />123Greetings.com<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/119675">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=119675&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 22 Dec 2011 09:04:30 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>123Greetings.com Launches E-cards Repository for Thanksgiving</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 11/22/2011 --  The world&apos;s leading e-greetings provider 123Greetings.com has come out with an exquisite range of e-cards for Thanksgiving to be celebrated on November 24, 2011 which are available at  <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/events/thanksgiving/" href="http://www.123greetings.com/events/thanksgiving/">http://www.123greetings.com/events/thanksgiving/</a><br />
<br />
Thanksgiving started off as an occasion where natives of the United States thanked the almighty for a benevolent harvest. The festival is an expression of gratitude for all the good things one gets to enjoy from nature&apos;s bounty.<br />
<br />
Mr. Arvind Kajaria, Founder, 123Greetings.com says, "The festival gives us an opportunity to acknowledge the favors received from God with gratitude. We offer the best platform for exchange of greetings on this occasion."<br />
<br />
The huge repository of e-cards at 123Greetings.com affords over 550 greetings for the Thanksgiving festival. The "Happy Thanksgiving" category alone includes more than 129 different types of cards. A group of pumpkins drop down, breaking into smiles and saying, "We dropped in to wish you a Happy Thanksgiving". The animations are rich in range and variety and also come with special sound effects.<br />
<br />
The second category that has a huge repository of Thanksgiving greetings is &apos;Family&apos;. The animation in which a teddy bear is talking and autumn leaves keep falling makes a good contrast. It conveys the message of warmth against the onset of winter.<br />
<br />
"We at 123Greetings.com offer the services of exchanging warmth, kindness and love. We offer a platform for exchange of joy and sentiments. It can be a family greeting or a warm business relationship, we serve all purposes," concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level.<br />
<br />
Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />Intrasoft Technologies Ltd<br />Telephone: 912224912123<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/115612">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=115612&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 22 Nov 2011 22:30:00 -0600</pubDate>
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      <title>Intrasoft Technologies Limited Announces 40% Yoy Income Growth</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">IntraSoft Technologies Ltd. recently announced its unaudited consolidated financial results for the second quarter ended September 30, 2011.</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) --11/17/2011 --  IntraSoft Technologies Ltd. (BSE: 533181, NSE: ISFT), owners of one of the largest electronic greetings website <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, today announced its unaudited consolidated financial results for the second quarter ended September 30, 2011.<br />
<br />
Q2 FY2012 Highlights: (All comparisons are with Q2 FY2011 figures)<br />
- Total income at ` 1315 lacs up by 40% from ` 936 lacs<br />
- PAT reported at ` 296 lacs up by 16% from ` 255 lacs<br />
<br />
H1 FY2012 Highlights: (All comparisons are with H1 FY2011 figures)<br />
- Total income at ` 2403 lacs up by 40% from ` 1714 lacs<br />
- PAT reported at ` 449 lacs up by 27% from ` 353 lacs<br />
<br />
On a quarterly consolidated basis, the company posted a robust income growth of 40.4% from ` 936.43 lacs in Q2 2010-11 to ` 1315.14 lacs in Q2 2011-12. Profit after tax (PAT) grew by 16.1% from ` 255.58 lacs in Q2 2010-11 to ` 296.74 lacs in Q2 2011-12.<br />
<br />
Commenting on the numbers, Mr. Arvind Kajaria, Managing Director, IntraSoft Technologies Ltd. said, "It gives me immense pleasure to present our results for the Second Quarter driven by a steep climb in revenue growth. The investments in the E-Commerce business have begun to pay off. Also, the innovations and creative features introduced in the last fiscal year have received encouraging response from the users. As estimated, we are witnessing that the investments have started to contribute and add to our profits."<br />
<br />
"The 27% YoY rise in H1 PAT reflects the inherent strength of the company and the model adopted by it. It validates the effectiveness of our key features including the focus on increasing the scale of our businesses so as to deliver long term shareholder value and increase our presence across geographies," he further adds.<br />
<br />
Operational Performance Highlights:<br />
- 123Greetings Store, the online gifting e-commerce business, witnessed tremendous growth. During the quarter, a total of 24,931 orders were shipped as compared to 14,340 orders in the last quarter, growth of 73.9%; averaging approx 277 orders / day, from an active base of 108 vendors.<br />
<br />
- 123Greetings Connect was added in June 2010. The specialty about &apos;Connect&apos; is that it gives users the facility to import and store unlimited contacts from their mail boxes and access their personal Address Book and set their contacts, birthdays from anywhere in the world. <br />
<br />
The website has received a great response with the registered users rising from 1,326,122 as on June 30, 2011 to 1,437,433 as on September 30, 2011, notching a growth of almost 8.5%<br />
<br />
- 123Greetings Invites, a value added feature that enhances user experience, witnessed the creation of 575 new events as on September 30, 2011. During the same period, 4,002 invites were sent using this feature. <br />
<br />
- 123Greetings Studio, a creative platform launched a year back, observed a remarkable 15% rise in users. The Studio users increased from 10,517 as on June 30, 2011 to 12,120 through the quarter<br />
<br />
- 123Greetings Facebook application that helps people to connect and share greetings on the social media platform was used by 944,997 users in the quarter.  About 591,825 cards were sent by 159,985 users during this period. <br />
<br />
"Stepping into the next Quarter, we expect to maintain and increase the robust response that we have been receiving from our users year after year. We will continue to formulate and design inventive and exciting features which will better align us to the market trends and thereby enhance our growth in terms of profitability and efficiencies to serve our users worldwide", concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
About IntraSoft Technologies Limited<br />
IntraSoft Technologies Limited owns and operates <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, one of the most visited electronic greeting cards website in the world. The Company operates through its wholly owned subsidiaries in various geographies, which are 123Greetings.com, lnc. (USA), One Two Three Greetings (India) Pvt. Ltd. (India) &amp; 123Greetings (Singapore) Pte Ltd. (Singapore).</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />Intrasoft Technologies Ltd<br />Telephone: 09619700165<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/114961">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.itlindia.com/">http://www.itlindia.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=114961&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 17 Nov 2011 21:30:00 -0600</pubDate>
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      <title>IntraSoft Technologies Limited Reports 47% Income Growth In FY11</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">IntraSoft Technologies Ltd announced their unaudited consolidated results for the quarter and financial year ending March 31, 2011.</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) --05/11/2011 --  IntraSoft Technologies Ltd (BSE: 533181, NSE: ISFT), owners of one of the largest electronic greetings websites <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, today announced their unaudited consolidated results for the quarter and financial year ending March 31, 2011.<br />
<br />
FY2011 Q4 Highlights: (All comparisons are with Q4 FY2010 figures)<br />
<br />
• Total Income up 13% from Rs. 935 lacs to Rs. 1057 lacs<br />
<br />
• Profit After Tax (PAT) up 8% from Rs. 254 lacs to Rs. 275 lacs<br />
<br />
On a quarterly consolidated basis, the company posted an income growth of 13.1% from Rs. 935.04 lacs in Q4 2009-10 to Rs. 1057.29 lacs in Q4 2010-11. Profit after tax (PAT) grew by 8.3% from Rs. 254.14 lacs in Q4 2009-10 to Rs. 275.27 lacs in Q4 2010-11.<br />
<br />
FY2011 Highlights: (All comparisons are with FY2010 figures)<br />
<br />
• Total Income up 47% from Rs. 2920 lacs to Rs. 4286 lacs<br />
<br />
• PAT up 15% from Rs. 883 lacs to Rs. 1013 lacs<br />
<br />
Meanwhile, on an annual consolidated basis, the company posted an income growth of 46.8%. From Rs. 2920.28 lacs in FY2010, it went up to Rs. 4285.55 lacs in the current year. Profit after tax (PAT) has grown by 14.8% from Rs. 882.83 lacs to Rs. 1013.14 lacs.<br />
<br />
Expressing satisfaction at the performance of the company, Mr. Arvind Kajaria, Managing Director, said, "Overall, the financial year has been quite productive. The year witnessed the launch of three exciting new features – 123Greetings Connect, 123Greetings Studio and 123Greetings Invites. All the introductions received excellent user response. The year saw an addition of 5,650 cards being added to the greetings website and introduction of innovative features like the instant &apos;Thank You&apos; and &apos;Quick Send&apos;. We have also launched 6 new pages displaying the top ecards of Most Popular, Most Viewed, Highest Rated, Latest Additions section, and introduced &apos;More&apos; feature in the home page making accessibility easy for the users. While the new launches and other investments have laid the foundation for future growth and profitability, they have not allowed profits to grow as significantly as income in the current quarter and financial year. But with 123Greetings Connect attracting 1,144,196 subscribers and 8,940 users registering at 123Greetings Studio to put their artworks, we believe it is only a matter of time that the growth is monetized and converted into profits and consequently shareholder value."<br />
<br />
Highlights:<br />
<br />
• &apos;123Greetings Invites&apos; launched in the previous quarter has started gaining encouraging user response. As on March 31, 2011 a total of 1,998 users created 2,322 events and sent 17,223 Invites using this feature.<br />
<br />
• The Gifting Solutions initiative has started gaining traction with several new vendors coming on board. The increase in products and brands has helped attract new customers that have taken the topline to new levels.<br />
<br />
• From 571,156 registered users in the previous quarter, 123Greetings Connect users have almost doubled. On March 31, 2011 the total number of registered users stood at 1,144, 196. <br />
<br />
• Users at &apos;123Greetings Studio&apos; uploaded over 800 ecards in this quarter.<br />
<br />
• The technical team have been continuously analyzing the feedback from the users and are already working on add-ons that are expected to further enhance the usage of the new initiatives.<br />
<br />
Meanwhile, ComScore Media Metrix, in its monthly analysis of U.S. websites in February 2011, has rated www.123greetings.com among the top gainers in the e-card category. With the total number of visitors rising to 2.4 million, 123Greetings.com witnessed a growth of 29% as against the e-cards category index which registered a growth of 10% making it the fourth top-gaining category by percentage change in unique visitors (U.S). The total number of visits to e-card sites stood at 19.2 million.<br />
<br />
" The figures indicate that both the micro and macro outlook continues to remain robust. The investments that we have made this quarter will help us scale our business and deliver long term shareholder value," concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
<br />
About IntraSoft Technologies Limited<br />
IntraSoft Technologies Limited owns and operates <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com" href="http://www.123greetings.com">http://www.123greetings.com</a>, one of the most visited electronic greeting cards website in the world. The Company operates through its wholly owned subsidiaries in various geographies, which are 123Greetings.com,lnc.(USA), One Two Three Greetings (India) Pvt. Ltd. (India) &amp; 123Greetings (Singapore) Pte Ltd. (Singapore).</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />itlindia<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/92503">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.itlindia.com/">http://www.itlindia.com/</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=92503&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 11 May 2011 23:45:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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      <title>Celebrate Easter With Free Egreetings From 123Greetings.com</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>New York, NY -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/20/2011 --   123Greetings.com, the world&apos;s leading e-card provider, has come out with an impressive array of Easter e-cards this season. Recognizing Easter as one of the most celebrated festivals in the world, the website has come out with over 360 e-cards that fall under fifteen broad categories. The entire collection is available at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/events/easter/" href="http://www.123greetings.com/events/easter/">http://www.123greetings.com/events/easter/</a><br />
<br />
The e-cards are free, customizable and comprise almost all the symbols of Easter including the very popular Easter Bunnies and Easter Eggs. Besides, there are a host of cards that suit all tastes, temperaments, relationships and emotions. The most sought after Easter cards this season are from the Happy Easter, Flowers, Thank You and Love categories. 123Greetings.com founder, Arvind Kajaria, says, "It&apos;s an occasion to reach out to one&apos;s loved ones with warmth, and share one&apos;s joys. This e-greeting cards&apos; portal provides an ideal platform for the same."<br />
<br />
Easter is the celebration of the resurrection of Jesus Christ. It is believed that Christ rose from the tomb on the third day after his crucifixion and burial. To mark this divine sacrifice that brings in good tidings to the whole world, there are elaborate celebrations at churches and homes.<br />
<br />
As an important component of these celebrations, 123Greetings.com offers a blend of animations, special effects, and complementing audio to promote the spirit of Easter greetings. Candles and eggs of all hues abound in the e-greeting cards.<br />
<br />
In the words of Mr. Kajaria, "The e-greeting cards encompass all kinds of communications. Senders can communicate with their families, loved ones, and formal colleagues. The Easter e-greeting cards, for the Friends category has the highest viewer rating of 4.24."<br />
<br />
Easter greetings and celebrations follow a forty-day period of fasting. 123Greetings.com provides the ideal platform for the celebrations that mark the end of this fasting.<br />
<br />
This Easter, users can also use our latest feature located at <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.123greetings.com/invites/" href="http://www.123greetings.com/invites/">http://www.123greetings.com/invites/</a> for sending personalized Easter invitations.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
For more information on the company, visit <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://info.123greetings.com" href="http://info.123greetings.com">http://info.123greetings.com</a><br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Arvind Kajaria<br />IntraSoft Technologies LTd<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/88938">Click to Email Arvind Kajaria</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=88938&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 14 Apr 2011 10:19:48 -0500</pubDate>
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      <title>123Greetings.com Leads Traffic Growth in E-Greetings Category</title>
      <link>http://www.releasewire.com/press-releases/release-3.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p class="subheadline">comScore Media Metrix Ranks Top 50 U.S. Websites for February</p><p>Mumbai, Maharashtra -- (<a rel="nofollow" href="http://www.sbwire.com/">SBWIRE</a>) -- 04/07/2011 --   comScore Media Metrix, in its monthly analysis of U.S. websites, has rated www.123greetings.com as one of the top 5 gainers in the e-card category.<br />
<br />
123Greetings.com witnessed a growth of 29% with the total number of visitors rising to 2.4 million in February 2011. The category index, e-cards, also witnessed a growth of 10% making it the fourth top-gaining category. The total number of visits to e-card sites stood at 19.2 million.<br />
<br />
"Love was in the air in February as Americans celebrated Valentine&apos;s Day online, which generated a surge in activity to Flowers and E-card sites," said Jeff Hackett, executive vice president of comScore Media Metrix in the press release issued by the company.<br />
<br />
According to the data released by comScore, the category of Business/ Finance – Taxes topped the &apos;Top 10 Gaining Category&apos; with a traffic growth of 24%, while Retail – Flowers/ Gifts/ Greeting Category came second with the visitations rising from 25.9 million unique visitors to 30.4 million.<br />
<br />
"It is fulfilling to know that 123Greetings.com has been so highly recognized," remarked Mr. Arvind Kajaria, Founder, 123Greetings.com. The website has been witnessing consistent growth since its launch in 1997. From 36,000 unique visitors in 1998, the visitor volume rose to two million in 2001, and thereafter soared to 91 million in 2009-10.<br />
<br />
"With interactivity, vivid designs, almost life-like animations and innovative graphics, electronic greeting cards are fast emerging as the preferred choice of expression. The advantage of e-cards is that they are free, environment friendly, offer a wider variety and the communication is instantaneous," says Mr. Kajaria.<br />
<br />
The traffic growth to both the website as well as the e-cards category is reflected in the corporate numbers as well. The last quarter IntraSoft Technologies Ltd. posted an income growth of 47% year on year, up from Rs. 1032 lacs to Rs. 1515 lacs. The profit after tax also rose from Rs. 316 lacs to Rs. 384 lacs, posting a rise of 22%. The company has been posting vigorous sequential double-digit growth.<br />
<br />
"We remain committed to providing free e-greeting cards that embed the latest animations and display the best creative instincts," concludes Mr. Kajaria.<br />
<br />
About 123Greetings<br />
123Greetings is the world&apos;s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line "Giving Life to your Expressions" the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal &amp; everyday categories. Its applications &amp; widgets for social networks &amp; blogs allow users ubiquitous access across multiple devices and platforms.<br />
</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/release-3.htm">http://www.releasewire.com/press-releases/release-3.htm</a></p></div><h2>Media Relations Contact</h2><p>Harshala Nayak-Shenoy<br />IntraSoft Technologies LTd<br />Email: <a rel="nofollow" href="http://www.sbwire.com/press-releases/contact/86635">Click to Email Harshala Nayak-Shenoy</a><br />Web: <a rel="nofollow" href="http://www.123greetings.com">http://www.123greetings.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=86635&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 07 Apr 2011 23:00:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/release-3.htm</guid>
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