Press Releases

Delivering ground-breaking innovation in Combat Readiness, live, virtual, and constructive combat training systems and more

Washington, DC – 27 Sept 2018 - Zen Technologies Limited, a global leader in military combat training products and technologies, announced today their entry into the US market with the opening of the offices of Zen Technologies USA, Inc. to support foreign military sales (FMS) and provide marketing, service, and customized solutions for customers around the world from the US.

"Military leaders worldwide recognize Zen Technologies as the source of the most cutting-edge, result-oriented training solutions on the market," said Pratish Shah, President, Zen Technologies USA, Inc. "Each of the US military branches has established broad-ranging future training milestones that will require the deployment of the latest in live, virtual, and constructive combat training systems. This is precisely where Zen excels and where we will focus."

Zen Technologies' training platforms are developed through integration of the latest in technologies across electronics, mechanical, software and optics, delivering greater levels of training improvement and proficiency to create and retain a level of combat readiness. Zen's combat training systems span the full range from individual skills development to brigade level training exercises providing the right size training solution for combat forces worldwide. Having filed more than 90 patents, Zen is an unequalled innovator in combat training.

In addition, Zen Technologies builds the world's only training systems that calculate and update a sophisticated "Combat Readiness Score" (CRS) at the completion of training exercises. The CRS is created by capturing data during actual training sessions and provides an easy-to-understand way for leaders and commanders to measure the level of troop improvement and readiness.

About Zen Technologies USA

Zen Technologies USA, Inc. was founded on the understanding that combat training is fundamental for the security and defense of the country. No matter where or when armed forces are deployed, the skills of a fighting force must constantly be refined and aligned with mission needs and situations. Their parent company, Zen Technologies Limited is a global leader in the development of live, virtual, and constructive combat training systems, with an extensive portfolio of hardware, software, and infrastructure solutions to address a vast array of service needs from individual skills development to brigade-level training. Zen Technologies USA provides sales, marketing, service, and customized solutions to meet the combat training needs to customers throughout the US and around the world. For additional information contact Zen Technologies USA at +1 202 548 7423 or via email at info@zentechnologies.com.

Order Book Size about Rs 108 Crores

Zen Technologies (www.zentechnologies.com) issued a press release to update the shareholders about the latest development in its games subsidiary company, Version2Games Ltd and its pending order size.

Zen Technologies Limited's wholly owned subsidiary Version2Games Limited is expected to launch its maiden PlayStation3 exclusive title Smash 'n' Survive (SnS) in the second quarter of FY12. SnS is expected to be India's first PlayStation3 game. SnS is a vehicle combat game which features 40 unique cars playable in 10 different circuits. The game features never before seen destruction and is an online multiplayer game.

Foray into Social Gaming: Version2Games is building social media game around the theme of SnS.

Motion Sensing Game: Version2Games is also working on its next multi-platform action adventure title which will feature motion sensing. The current team in collaboration with the industry veterans is working on the new title. The new game is expected to be launched in time for the Holiday season and the playable demo will be showcased in E3 - said to be the world's biggest launch platform for games.

The current order book size as on date is about 108 Crs. A significant part of the order book is expected to be executed during the current year.

About the company

Zen Technologies Limited, incorporated in 1993, is a pioneer in design, development and manufacture of world-class, state-of-the-art training simulators. Our mission is to provide our customers the highest level of products and services in our areas of expertise. Zen has an ISO 27001:2005 (ISMS), ISO 9001:2008 (QMS) certification.

Disclaimer

Certain statements in this release concerning our future growth prospects 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 relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, intense competition, political instability and general economic conditions affecting our industry. 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.