Tokyo, 8 October 2007 - Nath Food Services,  a member of Nath Corporation Limited has awarded a outsourcing contract calling for Planet One International Pvt. Limited in India to run much of its IT development activities. Nath Food Services officials said they expect the pact will let them not only cut IT costs for such development but what Planet One International provides us is with the required skill and experience that we were looking for at the right price".

Under the outsourcing deal, announced last week, Planet One International Limited. will design and develop the next generation web for sumitrarecipes.com, she said.

The Yokohama -based Food Services retailer said that the plan is part of a larger set of improvement actions, including technical experience acquisition. "We are taking a number of aggressive actions to improve the member user browsing experience in today's marketplace," said Sumitra Nath, Representative Managing Director of Nath Food Services., in a statement. "These actions represents to drive our key strategic initiatives such as Communities, Chef profiling and eCommerce."

"It is an important project for us as this would be our first dynamic project in this scale. We have very aggressive schedules and launch timeline that the customer has demanded for and we will deliver" said Rajarshi Adhikary, Chairman & Managing Director of Planet One International Limited. Work on the contract will be performed at Planet Infosoft Development Center at Kolkata, India.

About SumitraRecipes.com

Sumitrarecipes.com is a portal where you can get good and are original Indian recipes that are nutritious, all natural, quick and easy recipes for students, singles, busy moms, kids, bachelors, couch potatoes, people on the go or just plain lazy. With little patience or time for cooking, these are the quick easy recipes. All the recipes listed here are written by Mrs. Sumitra Nath and are cooked, tasted by family and friends of her. The portal also gives viewers to buy made to order Indian sweets at their home steps in Japan only. 

About Planet Infosoft

Since the beginning of 2003, Planet Infosoft, a member company of Planet One International, Japan has utilized the benefits of being located at Tokyo, the geographical center of Japan. The progressive visions of the company is to implement Business strategies along with the eagerness to work with other companies globally in a wide range of Industries were the main motto. Planet Infosoft have crossed the Geographical barrier of Japan and had established offices in major cities of India along with several representative offices worldwide. Planet Infosoft are providers of Information Technology Solutions to corporations across the globe, dedicated to leveraging advanced technology in solving today's complex e-business challenges. Pkanet Infosoft offer services in IT Consulting, Business Solutions, Web Designing, Web Hosting, Content Management, and e-Commerce.

This press release contains forward-looking statements regarding the future results and performance of NATH Corporation and member companies. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Factors that could cause NATH Corporation's or member companies actual results to differ materially from those contained in such forward-looking statements include: risks associated with developing, designing, manufacturing and distributing new products; lack of success in technological advancements; pricing pressures; lack of customer acceptance and implementation of new products and technologies; the possibility of errors or defects in new products; a material acquisition, restructuring or other event that results in significant charges; competition; adverse business conditions; failure to retain key employees; the cancellation or delay of projects; NATH Corporation's and its member companies reliance on single-source suppliers; risks associated with NATH Corporation's and member companies ability to purchase a sufficient amount of components to meet demand; inventory risks; risks associated with NATH Corporation's  or its member companies international customers and operations; delays in product development; NATH Corporation's or its member companies dependence on significant customers and specific industries; and NATH Corporation's or its member companies dependence on channel partners. NATH Corporation or its member companies assumes no obligation to, and does not currently intend to, update these forward-looking statements except as required by law.