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MKS Launches Presence in Indian Market

Waterloo, ON — October 5, 2004: MKS Inc. (TSX: MKX), a leading provider of enterprise software configuration management (ESCM) solutions for the Global 1000, today launched its presence in India to expand MKS SCM business activity with Global 1000 offshore operations and outsourcing firms and better serve and support its existing SCM customers in the country. MKS also announced today a partnership with IonIdea to provide locally based marketing, sales, service and support for the Indian market.

Waterloo, ON — October 5, 2004: MKS Inc. (TSX: MKX), a leading provider of enterprise software configuration management (ESCM) solutions for the Global 1000, today launched its presence in India to expand MKS SCM business activity with Global 1000 offshore operations and outsourcing firms and better serve and support its existing SCM customers in the country. MKS also announced today a partnership with IonIdea to provide locally based marketing, sales, service and support for the Indian market.

"India is a significant market for enterprise-wide software configuration management technology due to the high value placed on software quality. In conjunction with IonIdea we expect to expand our coverage of multi-national companies, develop more accounts directly in the local market and finally, with several Global 1000 customers already with development centers in India taking advantage of our architecture and solutions, serve these customers more fully," says Michael Harris, MKS chief operating officer. "We are extremely excited about the enormous potential ahead."

"The MKS Integrity Solution® is ideally suited for offshore development teams. MKS Federated Server® architecture connects geographically distributed teams in a new way, enabling real time communication and collaboration on software projects, and offers substantial cost savings through centralized administration. We also offer additional capabilities such as role-based task assignments that enable more effective management of offshore activity," says David Martin, MKS vice president, product management. "We are a solution tailor made for the global enterprise and for offshore development teams."

MKS and IonIdea are pleased to hold an executive seminar at The Leela Palace, Royal Ballroom, Bangalore on Tuesday, October 5, 2004 from 4:30 – 8:30 p.m. entitled, "Managing Software Project Risk in the Global Development Enterprise," with Keynote by David Martin, MKS. Dinner and cocktails will be served. To register, please visit http://www.mks.com/go/riskmgmtseminar.

About IonIdea™
IonIdea is a 450+ software development and delivery organization that has delivered over 80 software development, testing, and maintenance projects from its worldwide development centers in Fairfax, VA; Bangalore, India; and Simferopol, Ukraine. Client benefits of IonIdea's Collaborative Outsourcing include cost savings of 30 to 60 percent, faster time to market, flexible staffing levels, and the security of partnering with a company that utilizes time-proven development methodologies. IonIdea also represents MKS’s award-winning MKS Toolkit product line in the Indian market. Further details are available on their web site at http://www.ionidea.com.

About MKS
MKS is the preeminent provider of enterprise technology management solutions for the global 1000. Our solutions let companies manage the technology governing the enterprise by enabling all of the key steps in the technology lifecycle, from requirements capture and business process design to global development team collaboration, to metrics management and reporting to complete auditing of software and system change in support of IT governance initiatives. MKS solutions are distinguished for their speed of implementation and low total cost of ownership. Founded in 1984, MKS serves more than 10,000 customers in countries across the world. Whether our customers deploy MKS's enterprise solutions strategically on an enterprise scale, or leverage individual components to solve project-level challenges, our customers can use MKS's technology to better connect their business through flexible process, manage global development activity and protect their most critical business applications and software assets. More information about MKS can be found at http://www.mks.com, or by calling 1-800-265-2797 (US & Canada), +49-711-351775-0 (Germany), and +44-1483-733900 (United Kingdom).

Copyright © 2004 MKS Inc. MKS, MKS Integrity Solution, MKS Federated Server and MKS Toolkit are registered trademarks of MKS Inc. All other trademarks mentioned in this release are the property of their respective owners.

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect the Company’s current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made including those factors detailed from time to time in filings made by the Company with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. The Company does not intend and does not assume any obligation to update these forward-looking statements.

US and Canada Media Contact:
Email pr@mks.com

 

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