AP NEWS

Majesco to Present at the Needham Emerging Technology Conference

May 14, 2018

MORRISTOWN, N.J.--(BUSINESS WIRE)--May 14, 2018--Majesco (NYSE American:MJCO), a global provider of core insurance platform software and consulting services for insurance business transformation, announced management will be participating at the Needham Emerging Technology Conference taking place May 15-16, 2018 at the Westin Grand Central Hotel in New York City.

Ed Ossie Majesco’s Chief Operating Officer is scheduled to present on Tuesday, May 15 at 5:00 pm ET, with one-on-one meetings held throughout the day.

“Last week we announced record fourth quarter financial results. Momentum in our business is accelerating and the Total Contract Value of new and existing client wins during fiscal 2018 totaled $216.4 million. During the fourth quarter, cloud revenues increased nearly 94% compared to the same period a year ago, and now represent 32% of our total revenues. As a result, we believe we offer investors a compelling investment opportunity and we are excited to discuss our investment merits with potential investors,” stated Ed Ossie Majesco’s Chief Operating Officer.

About Majesco

Majesco enables insurance business transformation for approximately 160 global customers by providing technology solutions which include software products, consulting and IT services. Our customers are carriers from the Property and Casualty, Life, Annuity and Group insurance segments worldwide. Majesco delivers proven software solutions and IT services in the core insurance areas such as policy administration, billing, claims, distribution and analytics.

For more information, please visit us on the web at www.majesco.com, or call 1-973-461-5200.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005808/en/

CONTACT: Majesco:

Corporate

Ann Massey, 973-461-5190

SVP-Finance

ann.massey@majesco.com

or

Investors & Media

SM Berger & Co

Andrew Berger, 216-464-6400

andrew@smberger.com

KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES CONSULTING INSURANCE

SOURCE: Majesco

Copyright Business Wire 2018.

PUB: 05/14/2018 10:15 AM/DISC: 05/14/2018 10:15 AM

http://www.businesswire.com/news/home/20180514005808/en

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