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Executive Summary : §          The company was founded in 1982 as a Private Limited Company §          The company has been converted into a Public Limited company in July 2003 and can now raise funds from the market by issuing Shares and Bonds through Stock exchanges §          The company had started doing business in 1978 – Modification of IBM 370/158 computer system and supply of spare parts for IBM1401 computer systems §          The company has now the following Business Activities : a.       Higher Education – University Degree Courses in Engineering, Technology, IT and Management b.       Informal Education in Computer Science to Professional bodies like CA students and School Students KG-XII c.       Railway Technologies d.       Library Management and Digital Library Services e.       Software development in Smart Card, Banking sector and ERP f.         Marketing Research.

We are opening shortly  Compulsory Computer Training of 250 Hours for CA PE-I and PE-II students at INDIAN INSTITUTE OF SOFTWARE TECHNOLOGY  GORKY SADAN Contact us immediately.

Donate liberally to IIST & help poor and needy  students. Your donation to IIST will be received under 80G(5)(VI)of the I.T.Act,1961.

CORPORATE PROFILE:

Scientific Timesharing Systems, (or STS in short), was founded in the year 1982 when it was incorporated as a Privately Held Limited Company and Registered with the Registrar of Companies, Govt. of India, Calcutta. The company has been converted as a Publicly Held company in July 2003. The company’s Head office is at: Gorky Sadan, (the Russian consulate Education and Cultural wing at Calcutta and is a renowned building at Calcutta). STS  has been founded by Mr. Santosh Bose, a resident of USA, with the objective of introducing modern technologies in India, from around the world.

However, we have been operating since 1978 when we secured a contract for modification of IBM 370/158 system of ONGC, Dehradun. We had successfully performed this first contract on time. Our second contract, before incorporation, was Supply of Parts for repair of IBM 1401 second generation computer system to Computer Maintenance Corporation, which took over maintenance of IBM computers in India when IBM left India in 1977. This was a difficult task, as IBM 1401 computers were out of production for long time and spare parts were not available off-the-shelf in market. We had taken great pains to find out the parts from the northern parts of Canada and supplied to CMC on time, even before they could open the Letter of Credit.

 STS  was operating as a local in-country associate of our US associate company National Systems Technologies, Inc, which was also founded by Mr. Santosh Bose, in New York. The company’s biggest achievement has been the successful promotion from concept development, project report writing, marketing and implementation of Heavy Haul Freight Train Operation to Indian Railways. The company established that it had the ability to take upon a challenging task and perform the task by overcoming all obstacles. A new radio frequency had to be developed as the US radio were not functioning in the R/F chosen by India. The equipment, Locotrol was supplied by Harris Corp., since taken over by GE Transportation, and training in heavy haul was provided by an engineer from Australia which country is a pioneer in Heavy Haul Operation.

 STS is presently involved with the following activities:

 §          Higher Education – Indian Institute of Software Technology . IIST is associated with Manipal Academy of Higher Education and Sikkim Manipal University. We are providing Education in Diploma, Bachelor Degree and Master Degree in Technology, IT and Management.  Field of education is: Automobile Engineering, Civil Engineering, Computer Science, Bio Informatics, BBA, MBA, BCA, MCA, BTECH and MTECH. Present enrolment: 650 students.

 §          Professional Education - IIST has accredited by the Institute of Chartered Accountants of India (or ICAI) to provide the CCT – compulsory computer training to the CA students. There are 14,000 CA students to receive this training.

§          School Computer Education - IIST has entered into the new field of computer education. Govt. of West Bengal has made a policy that all school students will have to be taught computer software languages as well application packages. We have just started this new field of education and in about a year we will have about 200,000 students.

§          Railway Technology - Selection of new modern useful technologies and marketing, sales and servicing

§          Library Management - Including Digital Library: Enormous scope in this field. We have acquired Minolta PS7000 Scanners and Fujitsu Production Scanners for this purpose.

§          Software Development - STS SW Dev cell, under Mr. Arun Ghosh, General Manager of STS, has taken up several new projects. Mr. Ghosh has earned his Bachelor Degree from Canada and Master in Computer Science from USA. He had worked in USA in IBM and NASA. The projects that we have taken up are:

i.                    SMART CARD:  VEHICLE REGISTRATION (Project Completed)

ii.                  SMART CARD: Driver’s License  (Project nearing compleion)

iii.                SMART CARD; EFT SYSTEM  (In Progress)

iv.                BANKING SECTOR CONTRACTS:  (Work being executed)

v.                  ERP (Project nearing completion)

 §                      MARKET  RESEARCH - STS has started Market Research. The first project is: CONSUMER SURVEY ON EFFECTIVENESS OF ADVERTISING MEDIA. (This project in is progress)