Hyderabad|India|September'2010:Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced the inauguration of its new state-of-the-art Advanced Technology Center (ATC) in Nanakramguda, Gachibowli, Hyderabad, marking an expansion of its engineering excellence capabilities in India. Virtusa has invested approximately Rs. 75.30 crores in setting up the new center.

The ATC, whose inauguration ceremony was lead by Dr. K. Rosaiah,Chief Minister, Government of Andhra Pradesh, is built on over 6 acres of land, and when fully built out would provide a 6000 seat capacity. The inauguration ceremony was also graced by the presence of Sri Komatireddy Venkat Reddy, Hon’ble Minister for IT, Youth Services & Sports, Communications, Government of Andhra Pradesh, Sri Srighakolapu Siva Rama Subrahmanyam, Chairman, Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC), Smt. K. Ratna Prabha, IAS, Principal Secretary, Information Technology and Communications, Government of Andhra Pradesh and Sri B.R. Meena, IAS, Vice Chairman & Managing Director, Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC). The ceremony was also attended by Virtusa’s clients, partners and employees.

Speaking at the inauguration, Kris Canekeratne, Virtusa’s Chairman and Chief Executive Officer, said, “India is a key part of our global operations and we are proud of this milestone in our decade long association with Hyderabad in addition to our presence in Chennai. Our new Advanced Technology Center reflects our commitment to Virtusans in India who are part of our One Global Team focused on accelerating business outcomes and consumer experiences of our Fortune 1000 client base.”

The Hyderabad campus will provide diverse technology solutions and service global clients across many industries, including, banking, financial services, insurance, telecommunications, technology and healthcare. The center will have capabilities to service clients’ needs across multiple technologies, including business process management (BPM), enterprise resource planning (ERP), enterprise content management (ECM), datawarehousing & business Intelligence, quality assurance and testing, and application outsourcing.

Samir Dhir, Virtusa’s Senior Vice President/Global Delivery Head & Center Head, India, said, “This is a momentous occasion for all of us, and a major milestone in our history. The efforts of a multi-function team have resulted in the development of a world class sanctuary, facilitating our employees to be part of one global team while providing equal emphasis on talent development and engagement which is an integral part of the Virtusa experience. The new eco-friendly campus facility will significantly strengthen our delivery capabilities and reinforce our commitment to excellence in all our endeavors. We would also like to thank the Government of India and Government of Andhra Pradesh officials for their support and encouragement in bringing this to fruition.”

Virtusa’s environmental accountability is an integral part of our corporate values and the effective use of soil, energy, lighting, water, and building management was a key design mandate for the Advanced Technology Center, with the aim of LEED certification on completion of all phases. Virtusa has also been actively involved in supporting the communities it operates in and has worked with local schools, and universities, provided flood relief and blood donor campaigns as part of its sustainability initiatives in both Andhra Pradesh and Tamil Nadu.

-Sept'2010