Intense Technologies Ltd Share Price IT - Software
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Incorporated in July 1990 as Fortune Office Systems Pvt. Ltd, Fortune Informatics Ltd (FIL) changed its name to Fortune Informatics Pvt. Ltd. in Feb., 1999 and subsequently converted into a public limited company. Originally engaged in trading of computer hardware and office automation equipment, FIL is now engaged in design, development and marketing of software products and in implementation of projects for the domestic market. It has offered software solutions for Computer-aided Administration of Registration Department (CARD) to 214 Sub-Registrars of the Government of Andhra Pradesh. It is coming out with its maiden public issue at the end of August, 1999 to part-finance the cost of expansion of software developments centre and to set up an overseas marketing office at Chicago, USA. During 1999-2000, the company's software development centre at its premises at Secunderabad became fully operational. The company has been registered as 100% EOU and has entered into strategic alliances with Microtronics Holdings Pte Ltd - Singapore and Nazar Consulting - Bahrain for marketing and distribution of software products. FIL launched new version of K-Click WebBiz,k-Click Report Suite with enhanced features to increase product acceptability. During January 2005,the company has acquired Siminn Ltd,the largest Mobile Service Provider in Iceland through NRG distribution network for its flagship product.