Mumbai: Novatium, an Indian company based in Chennai is all set to market its up-and-running PC priced at Rs4,500 (a little over $100). The company is targeting 10 million potential customers with its NetPC even as global computing giants like IBM and AMD are yet to perfect a computer that costs $100 or less.

The machine, launched by Chennai-based Novatium Solutions in 2004 and priced at just around $100 apiece, may now cost a little over $100 thanks to the depreciation in the greenback.

Novatium''s NetPC works on a "thin client" concept. This is a small box and does not contain any software or application. It is linked to a central server, which hosts all applications.

Novatium is targeting 10 million users in the next five years for this innovative product, reports quoted company CEO Alok Singh as saying.

Novatium, co-founded by US-based Analog Devices chairman Ray Stata, Netcore Solutions managing director Rajesh Jain and professor Ashok Jhunjhunwala of IIT Madras, has already started successful commercial trials for its NetPC computer in Chennai, he said.

"Going forward, we plan to expand into 6-7 big cities in the next year. Some of our immediate plans are going into two new cities in this quarter and two more in the next quarter," Singh said.