Satyam Wins American Society for Training & Development Award
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-- Receives Excellence in Practice Award for Talent Preparation and six Excellence in Practice Citations HYDERABAD, India, June 15 /PRNewswire-FirstCall/ -- Satyam Computer Services Ltd. (NYSE: SAY), a global consulting and IT services provider, announced today that it was honored for its continued quest for excellence by the American Society for Training and Development (ASTD), the world's largest association dedicated to workplace learning. Satyam received an Excellence in Practice Award for Talent Preparation Services and six Excellence in Practice Citations for Enterprise Learning Technologies, Family Learning, Integrated Project Management, Learning Management Review and Re-skilling Services. Congratulating Team Satyam, Anand Mahindra, Chairman, Tech Mahindra, said, "I am impressed by the world-class standards adhered to by team Satyam and would like to congratulate each and every associate at Satyam for this honor, which reflects the company's commitment to quality and talent development towards the creation of world class IT professionals." ASTD is the world's largest association dedicated to workplace learning and performance professionals. The Society provides resources for learning and performance professionals, educators, and students, brings professionals together in conferences, workshops and online and recognizes excellence and sets standards for best practices in learning and performance, amongst other functions. About Satyam Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in numerous industries across the globe. 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 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 numerous clients, including many Fortune 500 organizations. For more information, see www.satyam.com. About Tech Mahindra Tech Mahindra is a leading provider of solutions and services to the telecommunications industry, with a majority stake owned by Mahindra & Mahindra Limited, in partnership with British Telecommunications plc. With total revenues of Rs 44,647 million in the year ended March 31, 2009, Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators. Tech Mahindra solutions enable clients to maximize returns on IT investment by achieving fast time to market, reduced total cost of ownership and high customer satisfaction. Tech Mahindra achieves this through its domain and process expertise, distinctive IT skills, research and development, and its proven, innovative delivery models and approach to offshoring. Assessed at SEI-CMMi Level 5 and PCMM Level 5, Tech Mahindra's track record for value-delivery is supported by over 25,000 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets. Its development centres are ISO 9001:2000 and BS7799 certified. Tech Mahindra has principal offices in the UK, US, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia. About The Mahindra Group The US $6.3 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world. The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra has made an entry in the two-wheeler segment which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry. Mahindra's Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute has ranked Mahindra among the top 10 Indian companies in its Global 200: The World's Best Corporate Reputations list. Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08. 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, 2008, furnished to the Securities and Exchange Commission on November 7, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov SOURCE Satyam Computer Services Ltd. Media Relations at Satyam Computer Services Ltd. MediaRelations@Satyam.com; or Prasenjit Roy of Tech Mahindra, Mobile: +91 09987752715, firstname.lastname@example.org
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