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Satyam Opens Brisbane Solution Center
- New 50-seat facility will support regional customers
- Center will create substantial jobs and support Australian
enterprise application integrated Centre of Excellence
- Fourth center in Brisbane established, in addition to
centers in Sydney, Melbourne and Canberra
Hyderabad, September 27, 2007: Satyam Computer
Services, Ltd. (NYSE:SAY), a leading global consulting and information technology
services company, today announced the launch of a new solutions center in Brisbane’s
Central Business District. The facility will support Queensland-based clients
across various IT platforms with an emphasis on enterprise application-based
solutions. The facility reflects Satyam’s commitment to the Australian
market (the company has development centers in Melbourne and recently launched
a regional solutions hub in North Sydney adding up to over 7,500 square meters)
as well as its continuous efforts to bolster its Virtual Global Delivery Model.
B. Rama Raju, Satyam’s co-founder and managing director, officially
opened the new facility at a ceremony attended by several senior Satyam clients,
and officiated by Anita Nayar, India’s Consul General.
“Satyam is already well established in Australia and today’s
announcement reinforces our ongoing commitment to collaborating with customers—wherever
they need us—to transform their organizations,” Rama
Raju said. “The Brisbane facility will generate world–class
ICT solutions and offer the same expertise and project management capabilities
as our other solution centers across the globe. Moreover, it will enable
Satyam to meet specific regional requirements of our Queensland-based clients
and help them excel in a competitive national business environment. It clearly
demonstrates our willingness to adjust our delivery models to align with
our customers’needs”
“Queensland has a vibrant ICT industry that attracts exceptional
talent from across Australia and elsewhere in the region,”said
Virender Aggarwal, Satyam’s director and senior vice president for
APAC–MEIA. “This creative, energetic talent pool
will bolster our capabilities to provide specialized ICT solutions locally
and to global customers. With its pro-business initiatives, Queensland has
earned its reputation for attracting international ICT organizations like
Satyam to establish a presence here.”
The Brisbane development center will serve local government, finance, and
insurance clients, while addressing other sectors, including mining. In addition,
a significant proportion of Satyam’s Australian development will also
take place at the new facility, primarily the development of future enterprise
applications for both Australian and multinational clients. The center currently
employs 40 professionals and expects to employ another 50 professionals in
the near future.
Today, Satyam has a diverse workforce of over 1200 associates serving Australia
out of which over 800 are based in Australia. Satyam has laid major emphasis
on local employment generation and today over 42% of associates in Australia
are local nationals. Apart from hiring experienced local professionals Satyam
is working closely with Australian Computer Society (ACS) to foster interest
back in IT amongst Australian youth. Towards this initiative Satyam has offered
scholarships to about 100 associates; many of the university students are already
enjoying the benefits of this scholarship and are currently getting trained
in India to the same exact standards and training that our Indian engineers
go through in Satyam’s campuses. These young graduates after their training
will come and form part of Satyam’s Australia’s team. Some of these
engineers who attended training in India last year are already working with
our clients in Australia.
Satyam Contacts
For further information, contact: MediaRelations@Satyam.com
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 20-F concerning the quarter
ended March 31, 2007, furnished to the United States Securities Exchange Commission
on April 30, 2007 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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