Satyam Computer Services Host Industry Analyst Roundtable at the New York Stock Exchange

New York, NY—November, 2002—Satyam Computer Services (NYSE: SAY) hosted a trade analyst presentation at the New York Stock Exchange on November 20, 2002 and shared Satyam’s success as one of the largest IT Services Company from India.

In addition, it commemorated it’s 2001 New York Stock Exchange listing on the trading floor with New York based top Fortune 500 companies, political figures, financial institutions and media.

Satyam’s Chairman Ramalinga Raju, Executive Vice President & COO Ram Mynampati, and Senior Vice President of Worldwide Marketing and Strategic Alliances Neeraj Nityanand, welcomed their leading trade analysts (Gartner and Giga Group) and journalists to participate in a roundtable presentation. Mr. Ram discussed the IT outsourcing industry, the Company’s competitive advantages and their rise to become one of the most successful Offshore IT services Company.

“We have grown rapidly and have taken pride in being a pioneer in the global IT services industry. This event has given us the opportunity to reach out to our customers and communicate our message effectively,” stated Mr. Raju.

 
Management conversed that clients are increasingly looking to service providers for a complete range of services across the globe at a competitive cost, a need borne out of the global economic slowdown and increased competition.  Indian Offshore IT solutions companies bring local talent, lower cost infrastructure and a culture geared to adaptation and change.  The key word is “flexibility” for customers.

Mr. Raju also discussed the changes affecting the global IT industry and Satyam's competitive advantages on Bloomberg Forum, CNN Street Sweep, CEOCast, and BBC TV last week. The Bloomberg Forum and Street Sweep interviews are available through Bloomberg terminals and other wire services; the CEOCast interview is available at www.ceocast.com.

About Satyam Computer Services Ltd.

Satyam Computer Services Ltd., (NYSE: SAY) a SEI CMM Level 5 Company, is a global systems integrator. The company offers Information Technology expertise in the areas of Software Development Services, Consulting, Systems Integration, ERP Solutions, Product Development, Electronic Commerce and Internet-based services. Satyam offers IT solutions through its state-of-the-art Development Centers located in the USA, Japan, Singapore, UAE, Australia, the UK, and India. These centers work as extended enterprise for over 270 global corporations, of which 72 are Fortune 500 companies. Satyam has a presence in 45 countries, and has people strength of over 8900 professionals.

Reachout's News Bureau
-November '2002

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