New Delhi, India, March 04, 2005 - InterGlobe Enterprises Limited, the leading travel and technology services company today launched their new venture, ITQ (InterGlobe Technology Quotient). ITQ, India's exclusive operational technology consultant & converged solutions provider for the travel industry was launched by Mr. Rahul Bhatia, Managing Director, InterGlobe Enterprises and Mr. Raja Natesan, the newly appointed President and CEO.

ITQ offers end-to-end technology consulting to the travel industry. The company will help evaluate current technological capabilities, recommend solutions and implement the same across travel agents, airlines, cruises, hotels, tourism bureaus, car rental companies, portals and corporates in India.

Foreseeing the changing trends and requirements of the Indian travel industry, InterGlobe Enterprises has proactively used its internal and external synergies to bring together a compelling value proposition via ITQ. This will be done by bringing together IT & BPO expertise via the technology arm of InterGlobe Enterprises; exclusive content via Cendant Corporation and travel distribution via Galileo India

Speaking at the launch, Mr. Rahul Bhatia, Managing Director, InterGlobe Enterprises said, “At InterGlobe Enterprises, we have a 360 degree approach to providing end-to-end solutions to the travel industry. The travel industry in India is buoyant with an ever-changing and dynamic environment. We are launching ITQ to address the new challenges & opportunities which have developed in the recent past.”

“ ITQ brings a value proposition to its customers, which is a proactive step towards the changing paradigms of the travel industry. ITQ will play the much-needed role of a technology consultant, which not only evaluates and recommends solutions, but also has the necessary tools to implement the same. ITQ therefore is a technology partner that can not only predict the future but can actually create it,” said, Mr. Raja Natesan, President and CEO, ITQ

ITQ will play the role of a specialist IT Consultant for its business partners with the ability to evaluate and enhance their ‘technology quotient' resulting in higher revenue and lower cost.

About InterGlobe Enterprises
Established in 1989, IGE is a travel corporation that services all requirements of the travel & tourism industry through its dedicated business units, which are InterGlobe Air Transport – Air Transport and Cruiseline Management, ITQ – Travel technology consulting and the full range of IT Services for India and travel technology distribution through Galileo, InterGlobe Technologies – Global IT & BPO solutions and services, InterGlobe Hotels & Hospitality InterGlobe.

For further information please contact:

Neha Mathur – Genesis Public Relations
Tel: 0124-5044999 Ext. 55
Fax: 0124-5044744
e-mail: nmathur@genesispr.com
Website: www.interglobe.com