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Accel Frontline Limited is a privately held Public Limited company. Accel Limited, Chennai along with Frontline Technologies Corporation, Singapore together hold the majority equity in the company. Other investors include two of India's largest private equity funds. Accel Frontline received the first round of venture capital from ICICI Ventures in 1999 and the second round of private equity investment came from Intel Asia Pacific (the investment arm of Intel) in 2000.


About Accel Limited

Accel Limited is a technology holding company focusing on Information Technology industry. The group companies operate in the domains of Systems Integration, Technology Services, Software Development and Business Process Outsourcing. Accel's operations are spread across 59 cities in India, Singapore, Middle East and the United States.

Evolution

Accel was founded in March 1991 by five first-generation technopreneurs under the leadership of N R Panicker who had worked together in one of India's Premier IT companies. Between them they had put in more than 50 man-years of service in the IT industry in the fields of Research and Development, Manufacturing, Software Development and Services.

Starting off as a multi-vendor services company, Accel has evolved over the years as one of India's leading IT services company with global operations.

Accel Limited operates through four independent corporate entities namely Accel Frontline Ltd, Accel Transmatic Ltd, Accel Systems Group Inc and Accel BPO.


About Frontline Technologies Corporation Limited

Frontline Technologies Corporation Ltd (FTC) is an end-to-end Information Technology ("IT") Services provider specializing in Consulting, Infrastructure, Applications, Outsourcing, Support and Education. FTC offers a strategic spectrum of information solutions that helps organizations gain a competitive edge in their business. Listed on the main board of the Stock Exchange of Singapore, FTC is headquartered in Singapore and has operations in China, Hong Kong, Malaysia, Thailand and Philippines. FTC is Asia's Premier IT Services Company.


Background

In 1993, FTC started out from a solitary location in the Singapore Science Park. Presently the operations are sprawled in Asia Pacific map across the major cities of Shanghai, Beijing, Chengdu, Guangzhou, Manila, Bangkok, Hong Kong and Kuala Lumpur. In March 2001, FTC inaugurated trading at the stock exchange of Singapore with an initial public offering. Through the decade FTC has maintained a credible financial track record underpinned by sound management, prudent administration and strong leadership. From Beijing to Bangkok, FTC still delivers the best practices, with the same touch of customer service and quality assurance - all in the name of Frontline.


Background
1993 - Company founded by Steve Ting and Shirley Wong.
1994 -

Principal subsidiary Frontline Technologies Pte Ltd formed to focus on IT solutions and professional services.

1995 -

Appointed by Sun Microsystems as authorized Sun distributor, authorized Sun Enterprise service partner and authorized Sun training provider.

1998 -

Incorporation of Frontline Technologies Holdings Pte Ltd Individual business units were re-organised into operational subsidiaries. Frontline Solutions Pte Ltd formed to focus on the development of best-practices methodology in IT consultancy and implementation.

1999 - Won Enterprise 50 award & Voted Channels 50 award.
2000 -

Entry of Lim Chin Hu as President & CEO for Frontline.
Won Enterprise 50 award and subsidiary award for knowledge management Creative took stake in Frontline.

2001 -

Frontline's IPO 5.13 times subscribed Frontline expands into China forming MDCL-Frontline (China) Ltd. Frontline took stake in Philippines IT Holdings, Inc Malaysian subsidiary Frontline Technologies Corporation (M) Sdn Bhd officially opened. Frontline took stake in Thailand's Logic Company Limited.

2002 - Frontline & EDB set up FTI Ventures Pte Ltd.
2003 -

Awarded Asia money's Best Newly-listed Company and Best small company. Voted one of the 50 fastest-growing companies in Singapore1000/SME 500.

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