Polaris Expands Its Presence to New Zealand

  Polaris Expands Its Presence to New Zealand

                 Announces Opening of Wellington Sales Office

Business Wire

CHENNAI, India & WELLINGTON, New Zealand -- February 14, 2013

Polaris Financial Technology Ltd (POLS.BO), a leader in financial technology
(FT) products, services and solutions that enable operational productivity for
the financial services industry, today announces the launch of its new sales
office in Wellington, New Zealand.

By taking this step, Polaris demonstrates its commitment to the ICT industry
in New Zealand. Our clients will have immediate access to (i) leading-edge IP,
technologies and services, (ii) consultants with deep FT domain expertise, and
(iii) competitive service delivery models. In addition, Polaris is
well-positioned to develop differentiated solutions to satisfy the unique
requirements of the New Zealand market. Polaris is committed to forging local
partnerships with industry leaders in banking & insurance domains and
leveraging local talent for specialist skills.

Speaking on the occasion, Wayne Li, Country Head for Australia & New Zealand,
Polaris Financial Technology Limited,  said, "The launch of our new office in
Wellington is an important step in our growth journey. It will allow us to
demonstrate the leadership of Polaris’ Intellect-branded banking and insurance
solutions. In addition, it will enhance our onsite sales & delivery
capabilities and allow our clients & partners to benefit from our global FT
expertise and scale."

About Polaris Financial Technology Ltd

Polaris Financial Technology Ltd (formerly known as Polaris Software Lab Ltd)
(POLS.BO) is a leader in Products, Solutions and Services that enable
unprecedented operational productivity for the global Financial Services
industry with its comprehensive portfolio of products and services. Polaris
has a talent strength of over 13,000 solution architects, domain and
technology experts. The company owns the largest set of Intellectual
Properties for a comprehensive product suite, Intellect^® Global Universal
Banking (GUB) M180. Intellect^® is the first pure play Service Oriented
Architecture (SOA) based application suite for Retail, Corporate, Investment
banking and Insurance.

Headquartered in Chennai, Polaris has offices in all global financial hubs,
including Bangalore, Belfast, Chennai, Chicago, Dhaka, Dublin, Dubai,
Frankfurt, Hong Kong, Ho Chi Minh City, Hyderabad, Kuala Lumpur, Lisle,
London, Madrid, Manila, Melbourne, Mississauga, Mumbai, Nairobi, Neuchatel,
New Delhi, New York (New Jersey), Paris, Pittsburgh, Pune, Riyadh, Santiago,
San Francisco, Seoul, Shanghai, Singapore, St. Germain En Laye, Sydney, Thane,
Tokyo, Toronto, Victoria and Wicklow. For more information, please visit
http://www.polarisFT.com/.

Contact:

Polaris Financial Technology Ltd
Media:
Minal Sahani
+91 91766 26468
minal.sahani@polarisFT.com
or
Investors:
G. Sunanthy Devi
+91 8939933564
sunanthy.g@polarisFT.com