This book constitutes the refereed proceedings of the Third International Conference on Information Systems, Technology and Management, ICISTM 2009, held in Ghaziabad, India, in March 2009 The 30 revised full papers presented together with 4 keynote papers were carefully reviewed and selected from 79 submissions. The papers are organized in topical sections on storage and retrieval systems; data mining and classification; managing digital goods and services; scheduling and distributed systems; advances in software engineering; case studies in information management; algorithms and workflows; authentication and detection systems; recommendation and negotiation; secure and multimedia systems; as well as 14 extended poster abstracts.