|Hyderabad, India, June 30, 2008 — Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today that Satyam BPO, its business process outsourcing (BPO) arm, has been ranked second among the world’s leading BPO vendors in Brown-Wilson Group’s Black Book of Outsourcing. Satyam BPO also ranked fourth on the Knowledge Process Outsourcing Vendors list. More than 4,000 organizations were evaluated in compiling the lists.
For the third consecutive year, Satyam BPO has been ranked among the top 10 in Brown-Wilson Group’s Black Book of Outsourcing. In 2007 and 2006, Satyam BPO, formerly Nipuna, had been ranked in several categories such as FAO, KPO and Energy and Utilities.
“The categories in which we have been ranked this year – BPO and KPO – are the key growth areas that we have been focusing on and basing our ‘Specialty BPO’ positioning on. This ranking fits in extremely well from a strategic perspective for us,” said Satyam BPO’s Chief Executive Officer Venkatesh Roddam. “Recognition from the Brown-Wilson Group shows our commitment to developing partnerships with clients and enabling transformation through superior delivery.”
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 63* 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 51,127* 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 654* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
About Satyam BPO
Satyam BPO is powered by a combination of domain expertise, operational excellence, process skills, and superior technology. The company is the world’s first eSCM Capability Level 5 service provider and India’s leading integrated end-to-end outsourcing service providers. Satyam BPO offers proven, full-service expertise for multiple industries, including telecom, pharmaceuticals, financial services, and manufacturing. Its global delivery standards have resulted in numerous longstanding client relationships with Fortune 500 companies.
*As of March 31, 2008
For clarifications, write to us at MediaRelations@Satyam.com
+91-986-659-6192 Kulwinder Singh Kulwinder_Singh@Satyambpo.com
+91-970-360-8822 Meigha Humbre Meigha_Humbre@Satyam.com
+1-703-877-2225 James Swords James_Swords@Satyam.com
+44-783-010-3838 Sandeep Thawani Sandeep_Thawani@Satyam.com
+61-439-408-484 Dan Bleakman Dan@howorth.com.au
+65-98-140-507 Reshma Wad Jain Reshma@wer1.net
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 December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 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.
# # #