Ducon Infratechnologies Limited announced that it is expanding its IT business segment activities in the Mobile Applications (Mobile App) market. The Company has decided to expand its IT business segment further due to the emergence of tremendous business opportunities in the Mobile App ecommerce globally as mobile phones are getting extremely advanced and more and more people are starting to use their cell phones to purchase goods & services for their daily lives and conduct all types of financial transactions through Mobile Apps. Businesses worldwide are also making their goods and services available to consumers through Mobile Apps which were earlier provided through websites. The Company has been developing an ecommerce transactional Mobile App platform through its US subsidiary, which aims to fulfill the needs of consumers and small business owners by allowing users to conduct various financial and business transactions through the Company’s Mobile App in daily use and hence make them more productive. The Company, through its USA subsidiary, plans to launch in the next couple of months, two separate Mobile Apps: one for operation outside India and the other for the Indian market. These innovative Mobile Apps would allow users to push the boundaries of ecommerce by offering greater flexibility and ease of operation in person-to-person financial and business transactions. The Company will provide further details about these Mobile Apps and the progress of their launch in the coming weeks.