One of Microsoft's premier ISVs in India with exclusive focus on the BFSI sector, Nelito turned around from losses suffered in FY 2003-04. Microsoft conferred on Nelito the Partner of the Year Award for 2004; the implementation of Nelito's Bilingual Integrated Branch Automation Solution (BIBAS) on Microsoft Server System at the Ramnagar and Durgachuk branches of Contai Co-operative Bank was endorsed by Microsoft as a showcase project. It also bagged Infy's rollout support partner as well as system, processes and infrastructure partner awards for 2004-05.