| Satyam Partners with GigaSpaces |
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- Companies Will Provide Complete SOA and Grid Solutions
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Hyderabad, India, July 25, 2006 : Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services company, announced today that it has formed an alliance with GigaSpaces Technologies. The organizations will join forces to provide end-to-end solutions for service-oriented architecture and grid environments.
Specifically, GigaSpaces will provide innovative software, while Satyam will deliver leading implementation and IT services expertise in its partner’s software products. The results will include low-latency, scalable solutions that will be especially useful for companies that rely on high-volume transactional applications.
The alliance is a natural fit for both organizations. Two years ago, Satyam became one of the first companies in the world to invest in a dedicated Grid Computing practice. As such, it already features a highly trained team with broad and deep expertise in this discipline, and unmatched familiarity with GigaSpaces’technologies. Additionally, Satyam is establishing a center of excellence dedicated to grid technology. Based out of Chennai, India, the Center of Excellence will provide professional services and develop proof –of-concepts for the customers.
“Satyam has a vast pool of resources, plus substantial experience and expertise in numerous vertical industries,”said Geva Perry, executive vice president of business development at GigaSpaces. “This partnership will enhance our capacity to handle large, resource-intensive projects smoothly. At the same time, it will enable us to respond more effectively to significant and growing demand.”
“Increasingly, organizations in financial services, telecommunications, and other industries need applications that can address high-throughput, high-performance transactions with a scalable architecture,”said, G.B.Prabhat, director, Consulting and Enterprise Solutions, Satyam. “GigaSpaces provides the infrastructure software that enables rapid construction of such applications, reducing time to market and cost. And, at Satyam, we help companies optimize the performance of these applications, to ensure that clients receive the utmost return on their technology investments.”
About Gigaspace
GigaSpaces provides innovative, high-performance infrastructure software solutions that deliver unparalleled dynamic scalability for high-volume transactional applications, without the overhead and complexity inherent in traditional multi-tier development and deployment environments.
Its award-winning solutions have been adopted across multiple vertical industries and are used by companies such as Societe Generale, Nortel, Hutchison 3G, Virgin Mobile, FXall and others for mission-critical applications, where the need for extreme performance, reliability and scalability necessitates an alternative to traditional tier-based architectures.
GigaSpaces was founded in 2000 and has offices in New York, London and Israel, it is a privately held company, funded by BRM Capital, Formula Vision and Intel Capital. GigaSpaces is an affiliated company of the Formula Group (NASDAQ: FORTY), Israel's largest publicly held IT group. For more information, please visit
www.gigaspaces.com
Satyam Contacts
For further information, contact: rfi@satyam.com
India
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Rajesh, rajesh@perfectrelations.com, +91 40 55316861, +91 98490 42184
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US
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Ivette Almeida, ialmeida@hfgcg.com 1- 646-284-9455 | +1-201-232-0128
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Europe
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Priti Thakker, priti_thakker@satyam.com, +1 973 753 1858, +1 973 997 1149
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Asia- Pacific
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Reshma Wad Jain, reshma@wer1.net, +65 6737 4844, +65 98140507 or Amber Dale, a.dale@polaris-me.com, Jiang Ying, rfi@satyam.com, +86 21 5080 7600 extn 4015, +86 13816686084
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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 fiscal year ended March 31, 2006,
furnished to the United States Securities Exchange Commission
on April 28, 2006 and the other reports filed with the Securities
Exchange Commission from time to time. These filings are
available at www.sec.gov
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