Inaugurates Bangalore-based offshore development centre
Basingstoke, UK, December 07, 2006: Satyam Computer Services, (NYSE: SAY), the leading global consulting and IT services company announced the launch of a 40-seater Offshore Development Centre (ODC) at Satyam’s Bangalore campus. The centre will provide Sony Europe with world-class SAP application development and support, enterprise application integration (EAI), and testing services across its entire business - sales and distribution, warehouse management, finance, and business intelligence systems.
The ODC also will enhance Sony Europe’s IT development and support capacity, and enable the Sony Infrastructure Services (IS) team to focus on core activities, such as platform enhancement, optimisation, and innovation. By extending its partnership with Satyam, Sony Europe will also leverage a highly-skilled workforce, reduce IS costs, and manage its growth.
In addition, Satyam will enable Sony Europe to integrate key business processes, increase operational efficiency, improve information flow and access, and enable interoperability among heterogeneous applications.
“Satyam’s deep expertise and proven track record with SAP will enable Sony Europe in meeting its objectives,” said Dr. Keshab Panda, director and senior vice president, Satyam Europe. “We are well on our way to creating real business value and bolstering our outstanding relationship with Sony Europe.”
Satyam Computer Services Ltd. (NYSE: SAY), the leading global consulting and information technology services company, provides a comprehensive scope of services to help customers reengineer and reinvent their businesses to compete successfully in an ever-changing marketplace. Nearly 35,000* highly skilled Satyam professionals work onsite, offsite, offshore, and nearshore to provide customised business solutions for companies in several industries. Satyam’s ideas and products have resulted in technology-intensive transformations that have met the most stringent international quality standards. Satyam has Development Centres in the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, India, China, Japan, and Australia. These centres serve 521* global companies, of which 157* are Fortune Global 500 and Fortune US 500 corporations. Satyam’s presence spans 55 countries, across six continents.
* As of September 30, 2006
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, 2006, furnished to the United States Securities Exchange Commission on October 27, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.