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Mahindra Satyam wins contract from Aspire Zone Foundation, Qatar
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| Hyderabad, 15 March, 2011: Mahindra Satyam, a leading global consulting and IT services provider, announced today that it has won a multi-million, multi- year contract from Aspire Zone Foundation, Qatar, one of the leading sports institutes in the world with state-of-the-art academic, sports science and sports facilities to provide onsite and offshore support on various application development and infrastructure services projects. Aspire Zone will also utilize Mahindra Satyam's expertise in event and venue management technologies as part of its ambitious sports event and venue management solution roadmap. |
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| "Mahindra Satyam brings a lot of value to Aspire due to their partnership with FIFA and their involvement within the World Cup 2010 held in South Africa. Their know-how and experience in providing the technology in managing large scale events such as the World Cup is definitely of high strategic value towards Aspire's dream in becoming the leader within the global sports arena", said Hilal Al-Kuwari, the President of ASPIRE Zone Foundation. With a leading edge in sports solution experience and competency, end to end application and infrastructure services, Mahindra Satyam's support for the entire Aspire Zone will be of great value in achieving our goal in becoming a leader as a sports technology provider from Qatar." |
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| CP Gurnani, CEO, Mahindra Satyam visited Hilal Al-Kuwari, President, Aspire Zone Foundation President, in Qatar to discuss areas of mutual interest and opportunities for collaboration in the Sports Technology domain. Mahindra Satyam is also currently engaged with Aspire Zone Foundation in providing application and infrastructure support services based on a time and material contract. |
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| "The partnership between Mahindra Satyam and Qatar's 'Aspire' highlights a strategic alliance that will help position Qatar as a global hub of excellence in sports—from training athletes to holding international events. Mahindra Satyam will be bringing in its leadership in global outsourcing and IT services to help 'Aspire' come one step closer towards its goal of promoting itself as a leading sport's institute and destination - showcasing its abilities to host or be responsible for other international sporting events in the future," said C.P. Gurnani, CEO, Mahindra Satyam. |
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| Also commenting on this development, Bobby Gupta, Vice President and Head, MENA Region, Mahindra Satyam, said, "We are proud of our engagement with Aspire Zone Foundation, one of the world's leading sports institutes. As one of their global service providers, we look forward to leveraging our global expertise towards achieving Aspire Zone Foundation's goals and objectives." |
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| Aspire Zone Foundation - Qatar, is one of the most acknowledged sports institutes in the world with state-of-the-art academic, sports science and sports medicine practices as well as a wide range of sports facilities of international standards. Aspire Zone is driving an ambitious vision of building and owning an end-to-end innovative technology portfolio across its unique sports business areas that will showcase Qatar's leadership in promoting excellence in sports globally. This vision will be executed through several strategic alliances that Aspire Zone Foundation plans to form in the coming months. |
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| About Mahindra Satyam
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| Mahindra Satyam is a leading global business and information technology services company that 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. |
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| company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.
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| Mahindra Satyam is part of the $11.1 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group's interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.
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| Mahindra Satyam IMS is a leader in offering innovative and transformational infrastructure services to enterprises helping them build and manage their IT infrastructure more efficiently and effectively.
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| Mahindra 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. |
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| For more information, see www.mahindrasatyam.com |
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| Follow us on Twitter: http://twitter.com/mahindra_satyam |
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| For clarifications, write to us at: MediaRelations@mahindrasatyam.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 the 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. Mahindra Satyam undertakes no duty to update any forward-looking statements. |
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