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Chennai, India – June 8, 2012 — RACE Innovations, an emerging leader in consulting, project management & engineering services and JCBL Marrel Tipper (P) Limited, a leading tipper manufacturing company has signed a contract aimed to leverage the market research service, design and production execution at their manufacturing plant in Sriperumbudur.

RACE Technic team with its strong and experienced engineering knowhow will support JCBL in designing and development of its products. Further RACE Intellect team with their profound research analysis background,will help JCBL in formulating persuasive strategies and support in marketing efforts.

About Race Innovations

RACE Innovations, a premium research & engineering project firm, engaged in the business of managing projects in the commercial vehicle space and have working relationship with all major bus and truck OEMs, fleet operators, and body builders, financing firms, governmental agencies and statutory bodies in India. RACE has a global presence in 6 countries and headquartered in India.

About JCBL Marrel Tippers (P) Limited

JCBL Marrel is the subsidiary company of JCBL Ltd.A Joint Venture between JCBL and M/s Bennes Marrrel, France (world class manufacturers of handling equipments for industrial vehicles since 1919)

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