Cambridge Solutions Named Among Top Three Best Performing BPO Providers Worldwide Second Year in a Row

International Survey Results Released by neoIT and Global Services

Bangalore – February 5, 2007 - Cambridge Solutions Ltd. has been named one of the top three “Best Performing BPO Providers” in the world for the second year in a row and included in the 2007 Global Services 100 listing of global service providers prepared by Global Services in conjunction with neoIT. Additionally, Cambridge was ranked as one of the top three Leaders in Human Capital Development.

“What differentiates a Global Services 100 company from its peers is an outstanding integration of many capabilities that creates value for its clients and stakeholders,” said Rusty Weston, editor-in-chief, Global Services. “If a company has consistently demonstrated a pattern of market leadership, innovation and outstanding customer service, it will be reflected in its continued inclusion and high rank in this annual survey.”

“Cambridge’s high ranking in both categories validates the success of our strategic global outsourcing model, as well as our commitment to developing the best and brightest workforce throughout the world,” said Chris Sinclair, executive chairman and CEO for Cambridge Solutions. ”As a result, we create value for our customers that goes significantly beyond the savings achieved through labor arbitrage.”

The Global Services 100 includes large multinational service providers, emerging BPO providers, vertical specialists and leading customer-service firms. The international survey and evaluation was conducted by Global Services media and neoIT, a leading offshore outsourcing advisory firm, to identify the leading service providers across four continents. Firms are evaluated based on effective operations, client management, human capital and service lines. During the course of the survey, over 250 data points were collected from 147 respondents worldwide.

“This recognition is very gratifying for Cambridge Solutions,” noted Geeta Sankappanavar, vice president, Strategic Global Outsourcing for Cambridge Solutions and a speaker at this year’s conference. “The survey recognizes both our market leadership and our innovative model which incorporates a client-facing presence in the firm’s home country, the integration of BPO and IT, and a focus on knowledge process outsourcing.”

About Cambridge Solutions Ltd.
Cambridge Solutions Ltd. (HQ: Bangalore, India; USHQ: Greenwich, CT.) is a strategic global outsourcing firm with deep expertise in:

• IT business consulting, application implementation, software engineering, maintenance and support services
  Business process outsourcing (BPO) for insurance, banking and financial services companies; process consulting; transaction processing, finance and accounting back office support; claims and risk management services; inbound
  and outbound contact centers to support all of these activities; and other processes that require knowledge-based decision making.
  

The company employs more than 4,380 professionals serving customers on 4 continents through more than 80 locations worldwide. With offices in the USA, Europe, India, Singapore, and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company’s BPO subsidiary was named one of the top three best performing BPO companies by Global Services media and neoIT in 2006 and 2007, ranked as one of the top three leaders in human capital management, and ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2006 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune Magazine. The company is listed on the major stock exchanges of India (BSE, NSI, MSE & ASE) under the ticker CAMBRIDGE”.

For more info on Cambridge, visit www.cambridgeworldwide.com

Safe Harbor
Certain statements in this release are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services, including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns in fixed price, fixed time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, etc. The company does not undertake to update any forward looking statement that may be made from time to time by or on behalf of the company.

Media Contacts:

Melissa Arulappan
Corporate Voice|Weber Shandwick
Phone: (91) 98450-22389
melissa@corvoshandwick.co.in

Pradeep Chaudhry, CFO
Cambridge Solutions Ltd.
Phone: (91) 98860-10174
pradeep.chaudhry@cambridge-asia.com

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