Satyam was honored in the Poverty Alleviation category for its GramIT (Rural BPO) program, a key initiative of the Byrraju Foundation, a non-government organization founded by Satyam Chairman and Founder B. Ramalinga Raju. The Byrraju Foundation is dedicated to rural transformation and has dramatically enhanced the quality of life of more than 2 million people in 180 villages in India's Andhra Pradesh state by providing healthcare, education, livelihoods, sanitation, and drinking water.
Black Book of Outsourcing Vendors Ranks Satyam IMS 13th in World
Satyam's Infrastructure Management Practice secured 13th position among the Global Top 20 service providers in the "Black Book of Outsourcing Vendors." Satyam ranked third for brand image and marketing communication efforts and first for infrastructure applications monitoring parameters.
Satyam Wins Pegasystems Partner Innovation Award for 2007
Satyam won the Pegasystems Partner Innovation Award for helping the organization's clients-financial institutions-comply with Anti-Money Laundering (AML) statutes. The solution helps companies fight fraud and financial crime, and remain compliant with increasingly stringent BSA/AML/KYC regulations.
NASSCOM 'Shortlists' Satyam's Business and Delivery Model
Satyam's business and delivery model for high-end services made the short list of candidates for NASSCOM's IT Innovation Award in 2007. The category was process innovation.
About Satyam
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20(i) industries and 61(i) countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 49, 21 Ene. (i) - professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 630(i) clients, including more than one third of the Fortune 500. For more information, see http://www.satyam.com.
(i) As of Dec. 31, 2007
Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6-K concerning the quarter ended September 30, 2007, furnished to the United States Securities Exchange Commission on October 31, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from Satyam and that will contain detailed information about Satyam and its management, as well as financial statements.
Enclosed is the financial results of Satyam for the third quarter ended December 31st, 2007.
For clarifications, write to us at MediaRelations@Satyam.com; Or contact our global PR representatives at: India, Vishwesh Iyer, vishwesh.iyer@ogilvy.com, +91-98200-53697; US, Siobhan Aalders, Siobhan.Aalders@ogilvypr.com, +1-212-880-5341, +1-347-387-0733; Europe, Clare Gibbins, clare.gibbins@uk.ogilvypr.com, +44-20-7309-1037; Asia-Pacific, Reshma Wad Jain, Reshma@wer1.net, +65-6737-4844, +65-981-40507, Simon Murphy, simon@howorth.com.au, +61-(02)-8281-3826
