The PRWIRE Press Releases https:// 2009-04-17T03:05:43Z Tech Mahindra receives Company Law Board approval 2009-04-17T03:05:43Z tech-mahindra-receives-company-law-board-approval Hyderabad, 16 April 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced today that the Hon’ble Company Law Board had passed an order dated April 16, 2009 approving the selection of Venturbay Consultants Private Limited, a subsidiary controlled by Tech Mahindra Limited (“Tech Mahindra”), as the successful bidder to acquire a controlling stake in the Company. Accordingly, the Company will issue and allot to Tech Mahindra 30,27,64,327 (Thirty Crores Twenty Seven Lakhs Sixty Four Thousand Three Hundred and Twenty Seven Only) shares of the Company ("Initial Shares"), representing thirty one percent (31%) of the share capital of the Company after giving effect to the issuance of the Initial Shares ("Enhanced Share Capital"), upon (x) deposit by Tech Mahindra of the subscription amount of Rs. 1,756 Crores (approximately US$ 351 million based on an exchange rate of Rs. 50 to US$1) by 21, April 2009 and the requisite escrow amounts for the mandatory cash tender offer to acquire an additional minimum 20% of the Enhanced Share Capital and convertible instruments ("Public Offer") in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (collectively, the “Total Acquisition Funds”), in separate escrow accounts on or before April 21, 2009 and (y) fulfillment of certain closing conditions and obtaining the required regulatory approvals, including approval from the Securities Exchange Board of India. Satyam Completes Bidding Process 2009-04-13T23:12:00Z satyam-completes-bidding-process Mumbai, 13 April 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced earlier today that the bidding process has been completed. Mr. Justice S.P. Bharucha who has supervised the entire process today said that “the process of selection of a strategic investor by way of a competitive price bid auction is now complete. The process was overseen by me. It was fair, transparent and open as required.” 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, Satyam Selects Tech Mahindra to Acquire Majority Interest 2009-04-13T23:12:00Z satyam-selects-tech-mahindra-to-acquire-majority-interest Mumbai, 13 April 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced today that its Board of Directors (the “Board”), has selected Venturbay Consultants Private Limited, a subsidiary controlled by Tech Mahindra Limited (“Tech Mahindra”) as the highest bidder to acquire a controlling stake in the Company, subject to the approval of the Hon'ble Company Law Board. The Company has been administered by a new Board appointed pursuant to the orders of the Hon’ble Company Law Board dated January 9, 2009. The process to select a strategic investor has reached this significant stage within three months of the new Board’s first meeting. “On behalf of all Satyamites and their families, we congratulate Tech Mahindra on being the highest bidder. The selection of the highest bidder, in a fair, open and transparent process, signals a new stage for the Company in its progress towards stabilization and growth. We hope this will infus Tech Mahindra selected as the Highest Bidder 2009-04-13T23:12:00Z tech-mahindra-selected-as-the-highest-bidder Mumbai, 13 April 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced today that its Board of Directors (the “Board”), has selected Venturbay Consultants Private Limited, a subsidiary controlled by Tech Mahindra Limited (“Tech Mahindra”) as the highest bidder to acquire a controlling stake in the Company, subject to the approval of the Hon'ble Company Law Board. The Company has been administered by a new Board appointed pursuant to the orders of the Hon’ble Company Law Board dated January 9, 2009. The process to select a strategic investor has reached this significant stage within three months of the new Board’s first meeting. “On behalf of all Satyamites and their families, we congratulate Tech Mahindra on being the highest bidder. The selection of the highest bidder, in a fair, open and transparent process, signals a new stage for the Company in its progress towards stabilization and growth. We hope this will infus Satyam bidding process 2009-04-03T01:21:52Z satyam-bidding-process Sydney, AUSTRALIA, April 3, 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company") announced today that it had submitted a letter (“SEBI Letter”) to the Securities and Exchange Board of India (the “SEBI”) relating to a slight modification in the bidding process to be followed by the Company to select an investor. This press release and the SEBI Letter have been filed with the Bombay Stock Exchange and the National Stock Exchange. This press release and the SEBI Letter are also being furnished to the U.S. Securities and Exchange Commission (the “SEC”) on Form 6-K, and are available to the public over the Internet at the SEC’s website at http://www.sec.gov. This press release 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 under the U.S. Securities Act of 1933, as amended. 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 the Company and that will contain detailed information about the Company and its management, as well as financial statements. The Company does not intend to register any securities in the United States or to conduct a public offering of securities in the United States. As previously disclosed, the Company Law Board, Principal Bench New Delhi authorized the Company’s Board of Directors to select an investor, subject to certain conditions. 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. Satyam submits letter to SEBI regarding bidding process 2009-03-25T01:30:59Z satyam-submits-letter-to-sebi-regarding-bidding-process Hyderabad, INDIA, March 24, 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company") announced today that it had submitted a letter (the “SEBI Letter”) to the Securities and Exchange Board of India (“SEBI”) relating to the process to be followed by the Company pursuant to Regulation 29A of the SEBI Takeover Regulations to select an investor and the in-principle exemptions/relaxations granted by SEBI from applicable SEBI regulations and guidelines. This press release and the SEBI Letter are being furnished to the U.S. Securities and Exchange Commission (the “SEC”) on Form 6-K, and are available to the public over the Internet at the SEC’s website at http://www.sec.gov and on the website of Bombay Stock Exchange and National Stock Exchange This press release 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 under the U.S. Securities Act of 1933, as amended. 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 the Company and that will contain detailed information about the Company and its management, as well as financial statements. The Company does not intend to register any securities in the United States or to conduct a public offering of securities in the United States. As previously disclosed, the Company Law Board Principal Bench New Delhi authorized the Company’s Board of Directors to select an investor, subject to certain conditions. SEBI’s approval is not an assurance that any qualified investor will bid to acquire any interest in the Company at an appropriate price or at all. 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. Satyam’s Q1 revenue up by 43% and Net Profit by 45% YoY; revises revenue and EPS guidance upwards for FY09 2008-07-17T14:00:00Z satyam-s-q1-revenue-up-by-43-and-net-profit-by-45-yoy-revises-revenue-and-eps-guidance-upwards-for-fy09 Sydney, July 18, 2008: Satyam (NYSE: SAY) today announced the audited results of the company for the quarter ended June 30, 2008 (Q1 2009). Here’s a summary: Consolidated Indian GAAP Highlights Revenue was Rs.2620.8 crore; a YoY increase of 43.2% and a sequential increase of 8.5%. Net Profit after Tax was Rs. 547.7 crore; a YoY increase of 44.8% and a sequential increase of 17.3%. EPS for Q1 2009 was Rs. 8.16; a YoY increase of 43.9% and a sequential increase of 17.1%. EBITDA margin for the quarter was 24.12% B. Ramalinga Raju, Founder and Chairman – Satyam “Satyam forged ahead during the first quarter, despite difficult economic environments in key markets. Our focus on transformation initiatives is finding greater acceptance from customers enhancing our ability to garner a higher share of their spend.” US GAAP Highlights Revenue was US$ 637.3 mn; up 40.9 % YoY and 3.9 % sequentially. Net Income was $ 126.6 mn; YoY increase of 36.0 % and a sequential increase of 12.7 %. Basic earning per ADS for the quarter was US$ 0.38; increase of 35.7 % YoY and up 11.8 % sequentially. Operating margins (EBIT) for the quarter was 21.0%. Other Highlights The parent company ended the quarter with 46,620 associates, an addition of 651 associates including 161 trainees for Q1 09. The number of associates including the subsidiaries and joint ventures stood at 51,643 Attrition on a trailing twelve-month basis fell to 12.6 % from 13.1 % in Q4 FY08. Annualised quarterly attrition for the quarter stood at 10.95 % 34 Customers added during the quarter V. Srinivas, CFO “Improved operational efficiency, better cost management and a favourable foreign exchange environment have helped us revise our fiscal 2009 EPS growth guidance upwards to 28% from 19% given earlier.” Business Outlook For fiscal 2009, under US GAAP, revenue is expected to be between US$ 2.65 bn and US$ 2.69 bn, implying a growth rate of 24.0% to 26.0% over fiscal 2008. Basic earning per ADS for fiscal 2009 is expected to be between US$ 1.45 and US$ 1.48*, implying a growth rate of 16.0 % to 18.4% over fiscal 2008. Corresponding revenue under Indian GAAP consolidated is expected to be between Rs 11,181 crore and Rs 11,363 crore, implying a growth rate of 32.0 % to 34.1 % over fiscal 2008. EPS for the full year is expected to be between Rs. 31.83 and Rs. 32.35, implying a growth rate of 26.1 % to 28.2 %. For Q2 FY 2009, under US GAAP, revenue is expected to be between US$ 645.6 mn and US$ 651.9 mn, implying a growth rate of 3.5 % to 4.5 %#. Basic earning per ADS for the quarter is expected to be US$ 0.35*. For Q2 FY 2009, under Indian GAAP consolidated, corresponding revenue is expected to be between Rs. 2,743 crore and Rs 2,769 crore, implying a growth rate of 4.7 % and 5.7 %; EPS for the quarter is expected to be between Rs. 7.71 and Rs. 7.78. * Excluding Fringe Benefit Tax (FBT) on ESOPs. # Growth rate is after adjusting Q1 2009 revenue for US$ 13.5 mn due to foreign exchange fluctuation arising out of prevailing US GAAP standards. Unadjusted growth rate is 1.3% to 2.3%. Key Awards and Recognitions in this Quarter Satyam’s Leadership Certification Process wins ASTD AwardSatyam earned the American Society of Training and Development’s (ASTD) Excellence in Practice Citation. Satyam was honoured for its Full Life Cycle Leader Certification (FLCL) process, which equips new leaders with the right tools, skills and knowledge to complement the organisation’s distributed leadership business framework. Satyam Wins Two Computerworld Honours Program AwardsBoth Satyam submissions to the 2008 IDG Computerworld Honours Program (CHP) received 21st Century Achievement Awards—the first time a submitting organisation has had more than one winner. The Byrraju Foundation was honoured for a program that delivers electrocardiograms to rural Indians, Emergency Management and Research Institute (EMRI) for its Call 108 service, a program based on emergency numbers such as 911 in the United States and 112 in Europe. Satyam Positioned in Gartner’s ‘Challengers’ Quadrant for BI and PMSatyam was positioned in the ‘Challengers’ quadrant of Gartner’s “Magic Quadrant for Business Intelligence and Performance Management Services, North America.” The report analyses the market for BI and PM solution implementation services (in North America.). Satyam honoured as Microsoft Partner of the Year FinalistSatyam was a finalist for a Microsoft Worldwide Partner of the Year Award for its Business Intelligence and Data Management Solutions. Finalists delivered exemplary solutions to customers and demonstrated significant customer impact, originality, effective time-to-market, deployment of advanced features, and the ability to optimise their use of Microsoft technologies to meet business needs. Satyam BPO Ranked No. 2 Global BPO vendorSatyam BPO 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 organisations 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 had been ranked in several categories such as FAO, KPO and Energy and Utilities. It also won two prestigious Six Sigma IQ Excellence Awards—for Best Defect Elimination in Service & Transaction and Best Design for Six Sigma. Business Highlights Satyam endeavours to increase its footprint in new geographies while enhancing its capabilities in strategic industries and services. Several of our new Q1 engagements reflect this approach; they are summarised here. Satyam announced the successful go-live of the end-to-end enterprise data warehouse (EDW) implementation project for one of its strategic customers in the telecom space. The success through this engagement marks one of the first real enterprise data warehouse solutions built ground-up, and one of the largest and most complex data warehouse implementations in the world. Satyam undertook end-to-end planning and execution of this program, thereby generating immense business value for the customer. Bridge Strategy Group, a Satyam company, helped a US-based electric utility with an acquisition, due diligence and integration planning of a regional utility with more than one million customers. The acquisition will transform power utilities in the Midwest region of the US. Citisoft, a Satyam company, partnered one of the largest independent global investment management firms to frame the business drivers, vision and objectives for a Global Equity Platform (GEP) implementation project. The Satyam team proposed an equity systems model that highlighted advantages of a single equity platform and its potential cost savings. Satyam is leveraging its full suite of end-to-end offerings to design a complete avionics system for a new generation of planes. The Aircraft Data Acquisition and Recording System project calls for a line replaceable unit and a complete avionics system that comply with FAA standards. Satyam helped a global consumer packaged goods company analyse the process gaps in its efforts to establish a process framework for its global and regional IT ecosystem. The framework has increased reliability, process compliance and standardisation of business processes. A leading Indian Bank has entrusted the task of customising and implementing a treasury management system to automate the client’s treasury operations. The system will enable the bank to close all trades accurately, reduce turnaround time and comply with local reporting requirements. Satyam facilitated the strengthening of capabilities, brand and values of Loyalty Programs for the world's leading Australian carrier. Satyam also enhanced their information capabilities to enrich the on-line shopping experience for their customers. Satyam Named SAP Global PartnerSAP has named Satyam a Global Services Partner, a distinction that means the company helps Fortune 1000 companies reliably and rapidly implement SAP solutions and transform business processes. Satyam, with one of the world's largest SAP practices, joins a select group of large consultancies in the partnership, which is designed to enhance customer investments in SAP solutions. Satyam Wins SAP Pinnacle AwardSatyam earned an SAP Pinnacle Award in the Ecosystem Expansion Category. Pinnacle Awards are granted to leading SAP partners who have excelled at enhancing the customer experience and addressing critical issues, such as accelerating innovation and improving return on investment. Award recipients develop partnerships with SAP and mutual business by providing high quality products, solutions and services to customers. For more information, please contact Dan Bleakman or Menka Nasta at Howorth Communications, 02 8281 3810, or email menka@howorth.com.au Satyam BPO Wins 2 Six Sigma IQ Excellence Honours 2008-07-10T14:00:00Z satyam-bpo-wins-2-six-sigma-iq-excellence-honours Satyam BPO Wins 2 Six Sigma IQ Excellence Honours Organisation honoured in Best Design for Six Sigma and Best Defect Elimination in Service & Transaction categories Sydney, July 11, 2008: Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced that Satyam BPO, its business process outsourcing arm, won two prestigious Six Sigma IQ Excellence Awards. Satyam BPO was honoured in the Best Defect Elimination in Service & Transaction and Best Design for Six Sigma categories. The International Quality and Productivity Center established the Six Sigma IQ Excellence Awards to honour, recognise and promote Six Sigma projects that demonstrate true best practices. Satyam BPO was presented the awards at a ceremony held during the 9th Asian Six Sigma Summit in Singapore. Submissions for IQ Excellence Awards are evaluated on a broad range of qualifications by some of the Six Sigma community’s most experienced practitioners like Steven Tao of GE Consumer and Industrial, Kerri Gill of Commonwealth Bank of Australia, Shishir Prasad of UBS Investment Bank, Yam Hong See of Seagate Technology, William Yang of Owens Corning and Reiko Tanaka of Sony Corporation, thus lending the awards exceptional credibility. Satyam BPO’s awards come on the heels of two other recent honours for the organisation. Satyam received the Shared Services Excellence Awards in the “Best BPO Service Provider” and “Best Customer Service Delivery Framework” categories. Satyam BPO was also listed as the number two BPO by The Black Book of Outsourcing. “It is an honour for Satyam BPO to be recognised for world-class business process quality, which is key to successful business transformation,” said Satyam BPO chief executive officer Venkatesh Roddam. “These awards demonstrate the success of our efforts to continuously improve our processes, deliver superior service to customers, and enable them to focus on strategic initiatives." The awards also reflect Satyam BPO’s commitment to the eSCM capability model, an approach to BPO developed by the IT Services Qualification Centre (ITsqc) at Carnegie Mellon University in Pittsburgh, Penn. In fact, Satyam BPO is the world’s first BPO organisation to achieve eSCM Level 5 certification. “At Satyam BPO, we look for transformational opportunities in client processes from the very first interaction,” said Kishore Rao, the vice president of quality at Satyam BPO. “Six Sigma programs help us in these committed transformation efforts, through rapid and sustained creation of value.” 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* 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 FYI - Satyam BPO Ranked No. 2 BPO Vendor globally 2008-07-01T00:00:00Z fyi-satyam-bpo-ranked-no-2-bpo-vendor-globally Sydney, Australia, July 1, 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 organisations 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.” 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* 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 PR contacts: Dan Bleakmandan@howorth.com.au02 82813823 Menka Nastamenka@howorth.com.au02 82813851 Satyam’s Leadership Certification Process wins ASTD Award 2008-06-19T00:00:00Z satyam-s-leadership-certification-process-wins-astd-award HYDERABAD, India, June 18, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today that it has earned the American Society of Training and Development’s (ASTD) Excellence in Practice Citation. The recognition was part of ASTD’s 2007 Excellence in Workplace Learning and Performance program. Satyam was honored for its Full Life Cycle Leader Certification (FLCL) process, which equips new leaders with the right tools, skills and knowledge to complement the organisation’s distributed leadership business framework. The awards were presented earlier this month at ASTD’s International Conference and Exposition in San Diego. “Winning organisations advance the knowledge of the workplace learning and performance profession and contribute to increasing workforce capability and organisational competitiveness,” said ASTD President and CEO Tony Bingham. “Their accomplishments demonstrate how learning increases the performance and success of organisations worldwide.” Each year ASTD recognises individuals and teams who advance the knowledge of workplace learning and performance and contribute to organisational competitiveness through exemplary practices. The Excellence in Practice category recognises organisations for results achieved through learning and performance solutions that have delivered measurable results, and citations are presented for practices from which much can be learned. “We are honored to receive this recognition and view it as an endorsement of the robust process we have at Satyam to equip new leaders with tools and skills necessary for global success,” said Ed Cohen, Satyam’s chief learning officer. “It truly complements Satyam’s unique distributed leadership framework, and highlights the distinct advantages our leaders gain from participation in Satyam School of Leadership programs.” The Satyam School of Leadership’s yearlong certification program is divided into four stages, each of which builds upon knowledge developed during the previous one. The process employs a “high-tech, high-touch” approach that includes pairing each new leader with an internal leadership development consultant and providing learning guides, facilitators, coaches, and mentors throughout the entire FLCL certification process. More than 500 leaders are involved in the program. Participants report that they are happier, have a better understanding of the organisation, and see greater opportunities to expand their roles and responsibilities. # 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* 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. *As of March 31, 2008 For more information please contact:Dan BleakmanHoworth +612 82813823dan@howorth.com.au Menka NastaHoworth +612 82813851menka@howorth.com.au Satyam 2008-04-20T18:00:00Z satyam-s-revenue-grows-46-percent-net-profit-grows-39-7-percent Sydney, Australia, April 21, 2008: Satyam Computer Services Ltd. (NYSE:SAY), a leading global business and information technology services provider, today declared its results for the fourth quarter and fiscal year 2008. Revenue for the year grew by 46 percent, while profits were 39.7 higher than in FY08. Other highlights of the performance are as follows: Business Outlook § For fiscal 2009, under US GAAP, revenue is expected to be between US$ 2.65 bn and US$ 2.69 bn, implying a growth rate of 24.0% to 26.0% over fiscal 2008. Basic earning per ADS for fiscal 2009 is expected to be between US$ 1.44 and US$ 1.47, implying a growth rate of 15.2 % - 17.6 % over fiscal 2008. § Corresponding revenue under Indian GAAP consolidated is expected to be between Rs 10,500 crore and Rs 10,670 crore, implying a growth rate of 23.9 % and 25.9 % over fiscal 2008. EPS for the full year is expected to be between Rs 29.54 to Rs 30.04, implying a growth rate of 17 % to 19%. § For Q1 FY 2009, under US GAAP, revenue is expected to be between US$ 631.7 mn and US$ 634.8 mn, implying a growth rate of 3 % to 3.5 %. Basic earning per ADS for the quarter is expected to be US$ 0.38, implying a growth rate of 11.8%. § For Q1 FY 2009, under Indian GAAP consolidated, corresponding revenue is expected to be between Rs 2,500 crore and Rs 2,512.5 crore, implying a growth rate of 3.5 % and 4.0 %; EPS for the quarter is expected to be between Rs 7.64 to Rs 7.68, implying a growth rate of 9.7% to 10.2%. Consolidated Indian GAAP Highlights Q4 FY08 § Revenue was Rs 2416.02 crore; a YoY increase of 35.8% and a sequential increase of 10.0% § Net Profit after Tax was Rs 466.85 crore; a YoY increase of 18.6% and a sequential increase of 7.7% § EPS for Q4 was Rs 6.97; a YoY increase of 16.6% and a sequential increase of 7.6%. § EBITDA margin for the quarter was 22.79% FY 2008 § Revenue was Rs 8473.49 crore; a growth of 30.7% over fiscal 2007 § Net profit after tax was Rs 1687.89 crore; a growth of 20.2% over fiscal 2007 § EPS at Rs 25.24 grew by 17.7% over FY 2007 § EBITDA margin for the year was 21.65%. US GAAP Highlights Q4 FY08 § Revenue was US$ 613 mn; up 49.1 % YoY and 9.0% sequentially. § Net Income was $ 112 mn; YoY increase of 30.1% and a sequential increase of 2.4%. § Basic earning per ADS for the quarter was US$ 0.34; increase of 30.8% YoY and up 3.03% sequentially. § Operating margins (EBIT) for the quarter was 19.75%. FY 2008 § Revenue was US$ 2,138 mn; a growth of 46.3%. § Net Income was US$ 417 mn; a growth of 39.7%. § Basic earning per ADS for fiscal 2008 was US$ 1.25; an increase of 37.4% over fiscal 2007. § Operating margins (EBIT) for the year was at 19.12%. “We are proud of our exceptional performance in FY08; our growth was excellent, and we expanded our services, industry capabilities, and regional presence. This progress reflects the pride we take in our uncommon ideas and insights, and in our ability to apply them to implement solutions with speed and efficiency,” said Satyam Chairman and Founder B. Ramalinga Raju. “As a result, we are able to deliver end-to-end solutions, win more and larger engagements, and transform our clients’ businesses.” KEY BUSINESS ACHIEVEMENTS § The parent company ended the quarter with 45,969 associates, an addition of 1,122 associates including 679 trainees for Q4 08. The number of associates including the subsidiaries and joint ventures stood at 51,127. § Attrition on a trailing twelve months basis fell to 13.09% from 13.11% in Q3. Annualised quarterly attrition for Q4 stood at 11.48%. § 32 customers including 4 Fortune 500 customers added. “Because of economic challenges in major markets, we are increasing our focus on ways the organisation can sustain continued growth,” Raju said. “Diversification, with regard to industry, region, and service is one way to maintain success. However, we will also establish deeper and more valuable partnerships with our customers in FY09. This approach enables new kinds of business transformation.” AWARDS & RECOGNITION Satyam Earns Several Investor Relations Awards The IR Global Rankings (“IRGR”), instituted by MZ Consult, (a global investor relations and financial communications firm), included Satyam in the five organisations it determined to have the “Best IR Website.” The awards recognise organisations that provide complete, accurate, and timely investor relations information. More than 160 companies were evaluated. Satyam also earned the top ranking in the global technology industry (and in India) for “Best Earnings Release and Financial Disclosure Procedures.” For the third consecutive year, Satyam was named one of the Top 5 APAC and Africa organisations with respect to earnings and disclosure practices. The organisation also was judged to be among the region’s top two for “Best Corporate Governance Practices.” It is the second consecutive year Satyam has been recognised in this category. Independent Research Firm Places Satyam among Oracle Implementation Leaders An independent research organisation named Satyam among the world’s leaders in Oracle implementation capabilities. “The Forrester WaveTM: Oracle Implementation Providers, Q1, 2008 (March 2008)” places Satyam among the leaders of “an extremely well-qualified pack.” The report also noted that Satyam has approximately 5,800 resources aligned across verticals like airlines, financial services, higher education, life sciences, retail, telecom, and utilities. The provider has focused on building out industry-specific solutions and accelerators to reduce costs and speed time-to-market for its clients across a range of Oracle products. Satyam BPO Earns Shared Services Honors Satyam BPO won two prestigious Shared Services Excellence awards from the International Quality and Productivity Council. The company was honoured in Orlando, Fla. during Shared Services Week, a conference organised by IQPC. Satyam was a winner in the “Best Business Process Outsource Provider” and “Best Customer Service Delivery Framework” categories. The IQPC Shared Services Excellence Awards honour, recognise, and promote Shared Services Organisations (SSOs) that demonstrate true best practices. Business School recognises Satyam’s IT Practices The Amity Business School in Noida, India, honoured Satyam with an award for “Best IT Practices—IT Sector.” The school’s in-house industry research team evaluated more than 200 companies on criteria such as culture, rewards and recognition, performance management, compensation and benefits, etc. NOTES $US2 billion highlights It took Satyam 14 years to reach the US$1 billion mark. Only two years later, it eclipsed $2 billion. Also during that two-year span: Quarterly attrition dropped from 22 percent (Q406) to 11.5 percent (Q408). Satyam added 22,042 associates, and 29 Fortune 500 clients. Two customers have achieved run rates of $100 million. Customers billed more than $1 million increased from 150 to 230 (53 percent). Customers billed more than $5 million have increased from 46 to 85 (85 percent). Customers billed more than $10 million in annual business have increased from 27 to 50 (85 percent.) Joint venture buyout Satyam also agreed to purchase Computer Associates’ half share of C&S a smart card and eLearning solutions provider the organisations founded as a joint venture in 2001. C&S serves public sector entities such as several state governments in India; financial services organisations like HDFC Bank; and IT services companies, such as Patni and Satyam itself. Capgemini and MSEZB Holdings Company Ltd. are also customers. Satyam will pay CA $1.5 million for its 50 percent share, and rename the organisation C&S Pvt. Ltd. # 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* 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 centres 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. *As of March 31, 2008 Safe Harbour 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 June 30, 2006, furnished to the United States Securities Exchange Commission on July 28, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov. # # # Satyam to set up new Technology and Learning Centre in Geelong 2008-04-13T18:00:00Z satyam-to-set-up-new-technology-and-learning-centre-in-geelong Satyam to set up new Technology and Learning Centre in Geelong · Establishment of new Technology and Learning Centre aimed at nurturing local ICT talent · New 25-acre facility will house 2,000 associates in Geelong · Centre to complement Satyam’s growing global presence across 28 global development centres MELBOURNE, April 14, 2008: Satyam Computer Services, Ltd. (NYSE:SAY), a leading global consulting and information technology services company, today announced that it will set up a new campus at the Geelong Technology Precint, Victoria. The new 25-acre campus will accommodate 2,000 employees over the next few years, producing a positive economic impact on the city of Geelong and surrounding areas, whilst highlighting Satyam’s commitment to Australia and nurturing the local ICT talent in Victoria and throughout Australia. The Satyam Campus will house a software development centre and facilities for training, research and development etc. B. Rama Raju, Satyam’s co-founder and managing director, officially opened the new facility at a ceremony, with Premier John Brumby. “Satyam is well established in Australia and today’s announcement reinforces our ongoing commitment to the local ICT market,” Rama Raju said. “The Geelong campus is an important component of our long-term initiative to build new centres of excellence, in strategic locations, around the globe. The creation of this new technology and learning campus is central to the company’s philosophy that people need an atmosphere that nurtures their diversity, intelligence and curiosity. Geelong was selected as the location for its highly skilled ICT talent, excellent infrastructure and transport links to Melbourne. The support of the Victorian Government, the Geelong City Council and the collaboration activities with Deakin University directly influenced our decision” Officially announcing the project at Deakin University’s Geelong campus this morning, Premier Brumby said the company’s decision to locate its new development centre in Geelong was a boost for the Victorian economy. "Economic modelling estimates that the Satyam Technology and Learning Centre will significantly boost Victoria's economy". Premier John Brumby said. As part of this initiative, Satyam will engage in a range of collaborative activities with Deakin including staff exchange, a work integrated learning program for students, a graduate employment program, joint research activities apart from scholarships and prizes. Today, Satyam Australia has significant presence across the major cities of Sydney, Melbourne, Brisbane and Canberra with a diverse workforce of over 1400 associates serving Australia. Satyam has laid major emphasis on local employment generation and today over 42% of associates in Australia are local nationals. ~ end of release ~ 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* industries and 61* 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 49,199* 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 centres in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 630* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com. *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 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. Satyam Posts 32% Year-over-Year Revenue Growth; Revises Guidance Upwards 2008-01-20T19:00:00Z satyam-posts-32-year-over-year-revenue-growth-revises-guidance-upwards Satyam Posts 32% Year-over-Year Revenue Growth; Revises Guidance Upwards FY2008 Revenue Now Estimated at $2.1 Billion SYDNEY, Australia, Jan. 21, 2008—Satyam Computer Services Ltd. (NYSE:SAY), a leading business and information technology services provider, today announced the results of the company for the quarter ended December 31, 2007 (Q3). Consolidated Indian GAAP Highlights Revenue was Rs. 2195.56 crore; a year-over-year increase of 32.2% and a sequential increase of 8.1%. Volume growth for the quarter was 9.4%. Net Profit after Tax was Rs. 433.63 crore; a year-over-year increase of 28.6% and a sequential increase of 6%. EPS was Rs. 6.48; a year-over-year increase of 26.1% and a sequential increase of 5.9%. EBITDA margin for the quarter was 21.46%. US GAAP Highlights Revenue was US$ 562.9 million; up 49.9% year-over-year and 10.5%, sequentially. Net Income was US$109.7 million; a year-over-year increase of 54.3% and a sequential increase of 7.7%. Basic earning per ADS for the quarter was US$0.33, an increase of 50% year-over-year and 6.5% sequentially. Operating margin (EBIT) was 19.04%. “We enjoyed a strong third quarter. Several key strategies to enhance our portfolio of capabilities and solidify our position as a leading provider of integrated, end-to-end business transformation services are bearing fruit,” said B. Ramalinga Raju, Satyam’s founder and chairman. Other Highlights The company ended the quarter with 44,847 associates, an addition of 3,424. Total employees including subsidiaries and joint ventures, is 49,199. Attrition, on a trailing-12-month basis, fell to 13.1% from 13.9% in Q3. “The highlight of the quarter was the continued improvement in all operating parameters, which helped us post better than guided performance,” said Satyam Chief Financial Officer Srinivas Vadlamani. “Increased productivity, resulting from higher utilisation, increased billing rates and offshore shift led to 164 bps improvements in margin,” he said. Business Outlook · For FY08, under US GAAP, revenue is expected to be between US$ 2119.2 million and US$ 2122.1 million, implying a growth rate of 45.0% to 45.2% over FY07. Basic earnings per ADS for FY08 is expected to be US$1.27, implying a growth rate of 39.6% over FY07. · Corresponding revenue growth under Indian GAAP consolidated is expected to be between 29.0% and 29.2%. EPS for the full year is expected to be Rs. 25.50, implying a growth rate of 18.90%. · For Q4 FY08, under US GAAP, revenue is expected to be between US$ 594.4 million and US$597.3 million, implying a growth rate of 5.6% to 6.1%. Basic earning per ADS for the quarter is expected to be US$ 0.36. · For Q4 FY08, under Indian GAAP consolidated, corresponding revenue growth rate is expected to be between 5.3% and 5.8%; EPS for the quarter is expected to be Rs. 7.23. Key Business Achievements Satyam added 32 new customers in the quarter, including eight Fortune 500 corporations. “Other third quarter highlights included revenue growth across all verticals, complemented by similar performances in our service offerings and regions,” Raju said. “Our Retail, Travel, and Logistics Practice, specifically, turned in a superior performance, growing by 35 percent. Results such as these demonstrate that our strategy to provide the full range of services, quickly, effectively, and through the most advanced delivery models is working well, and our customers notice the difference.” Some prominent customer additions included FIFA, Federation Internationale de Football Association, a German IT services provider and a subsidiary of one of the world’s largest media and entertainment conglomerates and the organisation responsible for public transportation in Greater London. The world’s largest steel manufacturer engaged Satyam to enhance its Total Cost Optimisation program. The team analysed its global plants to reduce expenditures, enhance knowledge management, and capture best practices across plants and geographies. Satyam is helping a Tier 1 global investment bank implement a new application architecture to accommodate its front and back-office and data management needs. The multi-site, multi-year transformational program will begin in Asia and Europe before moving to the US. Satyam is also a preferred supplier for all of the organisation’s business lines. A global oil company engaged Satyam to develop a logistics solution, facilitate on-boarding solution for offshore-drillingplatform personnel, and deliver IT services for its Global Gas Division. A healthcare technologies manufacturer and services provider hired Satyam for a critical value-engineering and product design project. Satyam is providing mechanical, electrical, safety, and reliability design services to transform the client’s business. A global manufacturer of pharmaceutical, diagnostic, therapeutic, surgical, and biotechnology products engaged Satyam to migrate an entire website into its private framework. Satyam signed an agreement to help the organisation responsible for most aspects of Greater London’s public transport system with a broad range of IT services. Satyam is helping a German IT services company provide IT solutions to its parent company, a global media conglomerate, and to external customers. Satyam is providing an end-to-end solution for the world’s largest international multimedia news agency. Satyam BPO In Q3, Nipuna changed its name to Satyam BPO Services. The organisation posted revenues of US$15.3 million, and a net loss of US$2.4 million. The revenue guidance for FY08 is US$ 61 million, which represents growth of 60% over the previous year. In Q3, Satyam BPO signed two new customers. The organisation also won the prestigious and internationally recognised Golden Peacock National Training Award for 2007, making it the first Indian BPO company so honored. The award emphasises “the five Ts,” total quality, transparency, trust, truthfulness, and training. Satyam BPO was selected from 186 entries, a testament to the organisation’s associate and leadership development, and its commitment to growing leaders faster than the competition. Key Q3 Awards and Recognitions Satyam’s B. Ramalinga Raju Named E&Y Entrepreneur of the Year Satyam’s Chairman B. Ramalinga Raju was awarded the Ernst & Young Entrepreneur of the Year Award for India. He was honored for both his business acumen and his efforts to enhance the community. Satyam the Official IT Services Provider to The World Cup Satyam has been selected as the official IT Services Provider to the world’s largest sporting event –the FIFA World Cup—in 2010 (South Africa) and 2014 (Brazil). Satyam Honored for ‘Strengthening Customer Relationships’ The IT Services Marketing Association named Satyam’s Customer Intimacy Marketing and Communication Program the winner of its “Strengthening Customer Relationships” category. The four-pronged approach—business, technology, industry, and culture—beat out other finalists from our peer group. Satyam Is Indian MAKE Award Winner Satyam was named one of India’s “Most Admired Knowledge Enterprises,” and was presented an award for this accomplishment by Shri Kapal Sibal, the country’s minister for science and technology. Satyam Wins Asian Corporate Social Responsibility Award Satyam was honored in the Poverty Alleviation category for its GramIT (Rural BPO) program, a key initiative of the Byrraju Foundation, a non-government organisation 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 organisation’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* industries and 61* 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 49,199* 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 centres in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 630* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com. *As of Dec. 31, 2007 Satyam Contacts 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 Dan Bleakman, dan@howorth.com.au +61 (02) 8281 3823 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. # # # Satyam becomes Official Information Technology Services Provider to the 2010 and 2014 FIFA World Cups 2007-11-23T19:00:00Z satyam-becomes-official-information-technology-services-provider-to-the-2010-and-2014-fifa-world-cups Sydney, Austra, November 24th, 2007: Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and information technology services provider, announced today that it signed up as FIFA World Cup Sponsor and Official Information Technology (IT) Services Provider to the FIFA World Cup. The relationship covers two event cycles – the 2010 FIFA World Cup in South Africa and the 2014 edition in Brazil – and each cycle includes the FIFA Confederation Cup tournament. Satyam is one of four FIFA World Cup sponsors announced for the 2010 event and is the sponsor in the IT services category. “Our sponsorship recognizes the sport’s universal appeal and its tradition of skill, speed, competitiveness and teamwork – attributes that reflect Satyam’s own qualities.” said B. Ramalinga Raju, chairman and founder of Satyam. “Over the last two decades Satyam has become an established global company and this sponsorship will serve to further increase Satyam’s global expansion and accelerate its growth,” he added. “I am very proud that Satyam has chosen the FIFA World Cup for this historic move. Satyam’s commitment is a testimony to the immense appeal of FIFA as a superior marketing platform for transporting a brand far and wide around the world. It is a big advantage for all those involved in the events to have such an experienced IT service partner on board,” said FIFA President, Joseph S. Blatter, who added: “We look forward to working with such a dedicated partner who shares our ideals and mission to use football as a tool to develop the game, touch the world and to build a better future.” Each FIFA World Cup is the culmination of a two and a half year preliminary competition involving approximately 200 national teams. The 2006 FIFA World Cup broadcast more than 76,000 hours of coverage over 376 channels worldwide, cumulatively reaching more than 26 billion viewers - more than any other sports event in the world. “This sponsorship represents a long-term, strategic investment by Satyam in its brand and significantly strengthens Satyam’s ability to reach markets across the globe and demonstrate our leading-edge technologies and practices,” said Hari Thalapalli, head of global marketing and communications for Satyam. As the Official IT Services Provider to the 2010 and 2014 FIFA World Cups, Satyam, which already enjoys a business relationship with FIFA, will play a crucial role in developing the core IT event management system for FIFA and its Service Partner for IT, Accommodation and Hospitality - MATCH AG, as well as Local Organizing Committees during the next seven years. With a presence in more than 57 countries, Satyam can fully leverage its global expertise and therefore enable FIFA not only to deliver world-class events but also focus on generating a long-lasting legacy for the host countries through hiring and educating local event staff. “We are pleased with the confidence that FIFA has placed in Satyam to deliver key, mission-critical business and technology services to the world’s foremost sporting event,” Thalapalli continued. The sponsorship also builds on Satyam’s fast-growing presence in South Africa and across the region. Satyam’s business in South Africa doubled this past year, and the company will soon be opening offices in Ghana and Kenya. Satyam is a significant investor in South Africa and leads a skills development initiative for South Africans under the Joint Initiative for Priority Skills Acquisition (JIPSA) program. Currently, more than 80 South African students are enrolled in a year-long technical training program at the company’s campus in Hyderabad, India. “Our involvement with Satyam has proven very strategic. We are encouraged by the shared vision between Satyam and the Republic of South Africa to invest in the people of South Africa,” said Her Excellency Ms. Phumzile Mlambo-Ngcuka, Deputy President of the Republic of South Africa. “This kind of partnership is one we wish to have with even more companies wishing to do successful business in South Africa. Satyam have realized that to lead, they have to invest in the most valuable resource: human resource. We congratulate Satyam on being named Official IT Services Provider to the FIFA World Cup and their role in delivering the games to the world,” Her Excellency added. To keep updated on the FIFA World Cup please visit the official website www.FIFA.com. # 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 industries and 57 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 42,500* 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 570* clients, including one-third of the US Fortune 500. For more information, see www.satyam.com. *As of June 30, 2007 About FIFA For more than 100 years, the Fédération Internationale de Football Association, founded on 21 May 1904 in Paris and better known as FIFA, has continued to provide the essential leadership role to the international football family. Headquartered in Zurich, Switzerland, the eighth FIFA President, Joseph S. Blatter guides the organisation today with a commitment to the evolution of FIFA as a modern and dynamic association. The basis of the world’s football family is formed by FIFA’s members. From the founding seven, the family has today grown to 208 affiliated football associations, also organised into six confederations spanning the globe. FIFA’s worldwide activities go well beyond its various competitions, such as the world’s biggest single-sport event, the FIFA World Cup™. In football development projects such as the FIFA GOAL Programme as well as in corporate social responsibility activities (including the Football for Hope movement to support through football social and human development) FIFA makes material, financial and promotional contributions to develop the game and make the world a better place. For the Game. For the World. To find out more about FIFA and its initiatives please check out www.FIFA.com. Satyam Contacts For clarifications, write to us at MediaRelations@Satyam.com Or contact our global PR representatives at: India Geeta Fadnavis geeta.fadnavis@ogilvy.com + 91 040 23220067 US Siobhan Aalders Siobhan.Aalders@ogilvypr.com +1 212 880 5341, +1 347 387 0733 UK Clare Gibbins clare.gibbins@uk.ogilvypr.com +44 20 7309 1037 Continental Europe Helmut Weissenbach helmut@weissenbach-pr.de +49 89550 67770 Asia-Pacific Reshma Wad Jain, Reshma@wer1.net +65 6737 4844, +65 981 40507 Simon Murphy, simon@howorth.com.au +61 (02) 8281 3826 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 June 30, 2006, furnished to the United States Securities Exchange Commission on July 28, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov Satyam Honored as Partner of the Year for Citizenship at 2007 Microsoft Worldwide Partner Program Awards 2007-08-01T18:00:00Z satyam-honored-as-partner-of-the-year-for-citizenship-at-2007-microsoft-worldwide-partner-program-awards-1 Satyam Honored as Partner of the Year for Citizenship at 2007 Microsoft Worldwide Partner Program Awards .NET/SQL Server-based emergency response system saves thousands of lives SYDNEY — August 2, 2007 — Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services company, announced that it won the Microsoft Partner of the Year Award for Citizenship at the 2007 Microsoft Worldwide Partner Program Awards. Satyam was selected from an international field of top Microsoft Partners—more than 1,800 organizations—for delivering market-leading customer solutions built on Microsoft technology. The awards were distributed last month in Denver, at the Microsoft Worldwide Partner Conference. The Microsoft Partner Program Awards recognize organizations that have developed and delivered exceptional Microsoft-based solutions. Satyam was honored for superior technology and innovation in corporate citizenship, and for making a sustained commitment to individual communities and society at large. "Satyam responded to the lack of a coordinated emergency response system in India by partnering with the not-for-profit Emergency Management and Research Institute to create an end-to-end system using Microsoft.NET. This company's commitment to its community made it an excellent choice for the first WPC Citizenship Award," said Microsoft Vice President of Enterprise Partner Sales Peter Boit. EMRI’s Call 108 program enables people in Andhra Pradesh, one of India’s most populous states, to dial 108 for emergency service—similar to 911 in the United States. It was the brainchild of B. Ramalinga Raju, Satyam’s founder and chairman. Satyam worked with EMRI and the Government of India to establish the service, which responded to 300,000 emergencies and saved 11,500 lives in its first year. Today, the rapidly growing service features more than 380 well-equipped ambulances, deployed across 50 towns in Andhra Pradesh. The program has high expectations, too; by 2010, EMRI aims to answer 1 million calls per day and save 1 million lives each year. “We are proud to be selected as the Microsoft Partner of the Year for Citizenship,” said Satyam President Ram Mynampati. “It is a great achievement considering that EMRI is still in its infancy. The award acknowledges Satyam’s technology and industry expertise, as well as our genuine commitment to society and the communities in which we work and live.” Satyam’s efforts to improve society are well documented. The company is extremely active with both the Satyam Foundation and the Byrraju Foundation, organizations dedicated to enhancing life in India’s urban and rural areas, respectively. In addition, employees are encouraged to spend 10 percent of their free time working to improve society. 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 industries and 57 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 42,500* 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 570* clients, including one-third of the US Fortune 500. For more information, see www.satyam.com. *As of June 30, 2007 Satyam Contacts For clarifications, write to us at MediaRelations@Satyam.com Or contact our global PR representatives at: India Geeta Fadnavis geeta.fadnavis@ogilvy.com + 91-040-23220067 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 Simon Murphy simon@howorth.com.au +61 (02) 8281 3826 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 June 30, 2006, furnished to the United States Securities Exchange Commission on July 28, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov # # #