Recognia® Deployed at Kotak Securities Ltd

Thursday, September 10, 2009

OTTAWA – Recognia, the industry leader in actionable investment research products for on-line brokers announced today, Kotak Securities Ltd. (KSL), the stock broking arm of Kotak Mahindra Bank, one of the leading stock broking firms in India has started offering Recognia Technical Insight™ to its customers.

"We are pleased to have Kotak Securities offering their clients Recognia Technical Insight," said Rick Escher, President and CEO of Recognia. "More companies are recognizing the value our services represent for their clients and in a competitive market place any services which can help attract, retain or engage account-holders is essential. KSL has always been a leader in India, providing new and innovative service offerings."

Recognia provides a suite of actionable investment products that allow account holders to make more informed trading decisions. It also provides daily bullish or bearish trading trends, email alerting, analysis of any user selected stock and access to educational material on technical analysis. KSL account holders will be able to leverage Recognia Technical Insight to search for trends among thousands of securities to quickly and more confidently take advantage of the trading trends.

"Providing sophisticated, yet easy to interpret technical information will allow Kotak Securities customers to search for equities based on dozens of popular technical pricing trends. This is a significant enhancement to our platform," said Mr. Arindam Chanda Senior VP and head of Products and Marketing. "With Recognia Technical Insight we have further strengthened our innovative educational and evaluation tools, helping customers find and take advantage of new investing opportunities."

KSL as a stock broker provides facility to trade in equity and derivatives including currency derivatives. In addition KSL also acts as a Portfolio Manager and a Depositary Participant and also engages in distribution of IPO and Mutual Funds. Kotak Securities has been the proud recipient Best Broker in India by FinanceAsia for 2009, Best Performing Equity Broker in India by CNBC TV-18 - Optimix Financial Advisory Awards 2008 & Best Brokerage Firm in India by Asiamoney for the year 2006, 2007 and 2008.