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| Satyam BPO Wins 2 Six Sigma IQ Excellence Honors |
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| Organization honored in Best Defect Elimination in Service & Transaction and Best Design for Six Sigma categories |
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| Hyderabad, July 09, 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 arm, recently won two prestigious Six Sigma IQ Excellence Awards. Satyam BPO was honored in the Best Defect Elimination in Service & Transactionand Best Design for Six Sigma categories. The International Quality and Productivity Center established the Six Sigma IQ Excellence Awards to honor, recognize and promote Six Sigma projects that demonstrate true best practices. Satyam BPO was presented these awards at a ceremony held during the 9th Asian Six Sigma Summit in Singapore. |
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| 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. |
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| Satyam BPO’s awards come on the heels of two other recent honors for the organization. It bagged 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. |
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| "It is a real honor for Satyam BPO to receive such prestigious awards,” said Satyam BPO Chief Executive Officer Venkatesh Roddam. “These honors demonstrate the success of our efforts to provide continuous process improvement, which helps us offer focused, superior service to customers, and enable them to focus on strategic initiatives." |
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| The awards also reflect Satyam BPO’s commitment to the eSCM capability model, an approach to BPO developed by the IT Services Qualification Center (ITsqc) at Carnegie Mellon University in Pittsburgh, Penn. In fact, Satyam BPO is the world’s first BPO organization to achieve eSCM Level 5 certification. |
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| “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.” |
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| Satyam Contacts |
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For clarifications, write to us at: MediaRelations@Satyam.com
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| Safe Harbor |
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| 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, 2008, furnished to the Securities and Exchange Commission on July 25, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov. |
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| 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. |
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