Date:13/02/2007 URL: http://www.thehindubusinessline.com/2007/02/13/stories/2007021303170400.htm

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Hyderabad, Feb. 12 Megasoft Ltd on Monday announced that its telecom division XIUS has unveiled `MYPeers,' a peer-to-peer communication technology entirely developed at their R&D centre in Hyderabad.

With this XIUS claimed that it would be the first vendor in the globe to develop a smart-tagging and context-based advertising engine for the communications industry.

The Managing Director, Megasoft Ltd, Mr GV. Kumar, in a statement from Barcelona, said, "For the end-mobile user, MYPeers will revolutionise the way he communicates with his peers. For industry players, it will add a potent revenue stream to telecom service providers ."