FACTBOX-Five facts about Indian outsourcer Satyam

BANGALORE, Jan 7 (Reuters) - The chairman of Satyam
Computer Services (SATY.BO), India's 4th-biggest software
services exporter, announced his resignation on Wednesday,
saying the company's recent profits had been overstated.

He apologised to staff and shareholders and said he was
prepared to face the legal consequences. [ID:nSP387669]

Following are five facts about Satyam:

* India's No.4 software services exporter was founded in
1987 by Chairman B. Ramalinga Raju, who was born into a family
of farmers and is a Management graduate from Ohio University.

* Satyam debuted on the Indian markets in 1991, followed by
a listing in New York (SAY.N) in 2001. Last year, it launched a
secondary listing on Euronext Amsterdam under NYSE Euronext's
new "fast path" process for cross-listings in New York and
Europe.

* Satyam, whose clients include General Electric (GE.N),
Nestle (NESN.VX), Qantas (QAN.AX) and Fujitsu (6702.T),
specialises in business software, and offers back-office
outsourcing and consulting services.

* In the year to end-March 2008, Satyam posted a 46.3
percent rise in revenue to $2.1 billion under U.S. accounting
standards, while net income rose 39.7 percent to $417 million.
In October, it said revenue in the year to end-March 2009 would
rise 19-21 percent to $2.55-$2.59 billion.

* Satyam, based in the southern city of Hyderabad, had
52,865 employees at end-September. It competes for outsourcing
deals with local rivals Tata Consultancy Services (TCS.BO) and
Infosys Technologies (INFY.BO) as well as global majors such as
IBM (IBM.N) and Accenture (ACN.N).
(Compiled by Sumeet Chatterjee; Editing by Ranjit
Gangadharan)