Qanda Technology Limited operates in the Prepackaged software sector. Qanda Technology Limited, formerly WebSpy Limited is engaged in the development, marketing and sale of software. It operates in two segments: WebSpy, which is an Internet monitoring, analysis and reporting software, and Marketboomer, which is an Internet-based procurement and materials management system. The Marketboomer business is mainly focused on the hospitality industry and its clients include Starwood Hotels and Resorts, InterContinental Hotels Group, Jumeirah, Mirvac Hotels and Resorts and Hyatt Hotels and Resorts. The Marketboomer group of subsidiaries derives its revenue from a combination of the licensing of its software and content, as well as fees generated from the processing of transactions through its software platform. On January 15, 2010, it incorporated Marketboomer (Thailand) Limited by holding its 49% stake. As of June 30, 2011, it had 12 wholly owned subsidiary. In
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