[May 26, 2016]

Majesco Announces Ben Casnocha as a Keynote Speaker at Convergence 2016

Majesco (NYSE MKT:MJCO), a global provider of core insurance software, consulting and services for insurance business transformation, today announced that Ben Casnocha will be the keynote speaker discussing how to manage talent in a networked age at their upcoming customer conference Convergence 2016 beginning October 2, 2016 through October 4, 2016.

Convergence (News - Alert) is Majesco's annual customer conference where many of the 150 customers get together to share and discuss industry trends, best practices, customer case studies, Majesco business and product updates and networking for both P&C, L&A and Group lines of business. The conference features a technology galaxy highlighting Majesco Solutions and new innovations along with selected partner solutions.

Ben Casnocha is an award-winning entrepreneur and author from Silicon Valley. He is coauthor with LinkedIn founder/chairman Reid Hoffman (News - Alert) of the New York Times bestseller The Alliance: Managing Talent in the Networked Age, which describes a new framework for managing today's employees. He is also co-author with Reid of the #1 New York Times bestselling book The Start-Up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career. The Start-up of You, translated into a dozen languages, has become one of the most referenced guides on how to thrive professionally in the modern world. Recently, he served as Chief of Staff in the office of the chairman at LinkedIn (News - Alert). He's also a multi-time technology entrepreneur. He advises companies on talent issues as a partner at the consultancy Allied Talent.

"We are pleased to have Ben Casnocha as keynote speaker at Convergence 2016. BusinessWeek named Ben 'one of America's top young entrepreneurs' and dozens of outlets have covered his work including CNN, Charlie Rose, and The Economist. Our attendees will gain from his valuable insight on how to manage people in today's digital, networked world to get results," said Ed Ossie, COO for Majesco.

Now in its 9^th year, Convergence 2016 will bring together business and IT insurance leaders, industry analysts and partners for sessions and discussions on the trends challenging the insurance industry and Majesco's product vision inchampioning insurer's transformation and success. Business and IT leaders from customers, analysts, partners and prospects considering Majesco solutions are expected to attend the event in Atlanta, Georgia.

Attendance to Convergence is by invitation only and open to Majesco's customers and partners. For more details visit https://convergence.majesco.com.

About Majesco

Insurance business transformation is a journey of change and revitalization, a renaissance of insurance. Approximately 150 insurance companies worldwide in P&C, L&A and Group/ Employee Benefits are transforming their businesses with Majesco's solutions. Our market leading software, consulting and services uniquely underpin the entire insurance value chain and are designed to empower insurers with the agility, innovation and speed needed to meet their transformation opportunities. Majesco's solutions include policy management, new business / underwriting, rating, billing, claims management, distribution management, BI/ analytics, predictive modelling, digital platform with mobile and portal, testing services, cloud services, bureau and content services, transformation services, consulting services and more.

For more details on Majesco, please visit www.majesco.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco's reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under "Item 1A - Risk Factors" in Majesco's Annual Report on Form 10-K.

Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: integration risks; changes in economic conditions, political conditions, trade protection measures, licensing requirements and tax matters; technology development risks; intellectual property rights risks; competition risks; additional scrutiny and increased expenses as a result of being a public company; the financial condition, financing requirements, prospects and cash flow of Majesco; loss of strategic relationships; changes in laws or regulations affecting the insurance industry in particular; restrictions on immigration; the ability and cost of retaining and recruiting key personnel; the ability to attract new clients and retain them and the risk of loss of large customers; continued compliance with evolving laws; customer data and cybersecurity risk; and Majesco's ability to raise capital to fund future growth.

These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160526005166/en/

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