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Price Announcement and Extention of Validity of Pre-release Version

We have received an overwhelming response from many users around the country including smaller cities and towns. The MProfit team feels highly motivated and obliged by the encouraging response.
We have finalised the pricing of MProfit and have also extended the validity of the free pre-release version up to 31-Aug-2009. Users of previous versions will receive the new automatic update for the availability of version 2.43. The commercial launch will be announced in next few weeks.
As promised, we have decided to offer MProfit at a very attractive price. We have evaluated various pricing models and have also done our own survey. After reviewing several options, we have decided to charge Rs. 99/- per month (payable yearly for 12 months) + Rs. 300 (one time joining fees). This plan includes following services:
1) License to use fully functional MProfit Software for one year
2) Updates for end of the day BSE closing prices and daily MF NAVs
3) Database updates (new addition of stocks and Mutual Funds and updates about company name change)
4) Software Updates for the addition of new features and reports as well as improvement in the software.
5) Email support
We have adopted this pricing model by keeping individual investors in mind. I hope that most of the users would appreciate our low cost pricing plan.
We again thank all the users for their support.

26 July, 2009