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Caresoft Inc Named One of New Jersey’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program

Edison NewJersy 31st July 2006 —- Caresoft Inc has been named to Deloitte's prestigious Technology Fast 50 Program for NewJersy, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001–2005.

Caresoft CEO & President Mr. Deepak Khare creditsthe Team Caresoft's dedication to excellencewith the company's astronomical revenue growth from 2001–2005. Mr. Khare said, “Kudos goes to the entire Caresoft Team for making this possible. It is the combination of hard work, Talent, Intense Desire to Learn Grow and the Team Spirit that has brought us this recognition. As it is often said, "First we grow internally and then everyone around, notices the growth". All of us have been on a learning path over the last few years. It has been an exciting journey as we have learnt new things and advanced in our chosen fields. We all know how great it feels as we learn something new every day. Towards that, I would like to thank our entire team for bringing in, a unique set of experience and knowledge with you, from which everyone around, has benefit by learning from each other. We all are here to Learn & Grow.”

About Caresoft Inc.

Headquartered in Edison NJ, Caresoft is a leader in Custom Software Development, Temporary IT Staff Augmentation and Outsourced QA Services. It is known for the highest quality of IT Specialists who have a wealth of experience serving Telecom, Pharmaceutical, Financial and related industries throughout the world.

Caresoft takes pride in the delivery of Operational Excellence, setting ever-improving standards for the software industry. Its Methodologies are derived from leading Industry Think Tanks including 6 Sigma, CMM, IEEE, among others. This dedication to Processes and Methodologies helps Caresoft deliver Consistent Quality on the time, all the time. For more information about Caresoft, please log on to http://www.caresoftinc.com or email to info@caresoftinc.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

PR Contact: Diju Divakaran, Manager, Human Capital Development Caresoft Inc. Direct Phone: 732-993-5351 Caresoft Inc: 732-248-7825 Ext.251