Exensys.....Truth and Myths.....

I understand that everyone is free to express their views, but the most important factor is how do we express our feeling. We need to be very careful in expressing our feelings. A mental frustration should not be exploded at wrong time, wrong place and in a wrong way.

What I understood during my 5 years tenure with Exensys, that its management is highly cooperative and helpful. Even though in tremendous financial crunch, none of the operations were closed, no lay offs were made, rather, monetary help is provided to its employees, who (or their family members) faced some medical problems.

I also understood and observed that Exensys is into its growth curve and not yet reached to its break-even point. It is primarily running on investments being made by investors nor on revenue. TheOrganizational Growth depending on revenue is a long journey in any product development company. Unfortunately, before that time will arrive, global recession forced its existing investors to pull their hands. It became really impossible to get the new investments from those existing investors, moreover, the investors were shocked by recession and their losses forced them to pull their hands from Exensys. Thus Exensys management started to look opportunities for new investors. Getting new investors and raising funds from them is depend on building the confidence, which is a time taking process. This all together, put Exensys into big Financial trouble.

I am sure that Exensys employees are still with Exensys and they are hoping best days to come back. They know the fact that Exensys has not only provided tremendous learning opportunities in improving their technical & behaviour skills, but also a monetary growth, at par with market trends. They also believe on the truth that proper cash inflows, will back Exensys and its employees' life on track and once again Exensys will start running with full pace.

Life is full of challenges and learning. Each challenge leaves learning. Present financial crunch has gave good learning to Exensysmanagement to have alternative channels of investments. Recently, our MD has conveyed that Exensys has secured one investment, which is going to materialize in August 2009. They are also looking for interim financial help and other investments for business continuity. Lets cross the finger for success and wish for good time.

Once again, I sincerely thank Exensys' colleagues that tenure of crises, really went so long, but they are still showing their trust & confidence with Exensys.