Sify Technologies to Ring Nasdaq Opening Bell

By Prne, Gaea News Network
Sunday, October 11, 2009

CHENNAI, India -

- Company Celebrates 10 Years of Listing on Nasdaq

Sify Technologies Limited (Nasdaq NM: SIFY), a leader in enterprise data telecom services and consumer Internet with global delivery capabilities, today announced that on October 19, at 9:30am ET, Raju Vegesna, chief executive officer and members of the executive team of Sify Technologies will preside over the Nasdaq stock market opening bell ringing ceremony. The ceremony is in recognition of Sify Technologies’ ten-year anniversary as a listed Company on Nasdaq.

Since launching Sify Technologies’ commercial operations in 1998, and beginning a relationship with Nasdaq the following year, the Company has since crossed many milestones in becoming a leading player in managed enterprise and consumer Internet services. Sify’s key accomplishments during this time include: developing a sophisticated Tier 1 telecom data network infrastructure across more than 500 cities and towns in India, industry leading Tier 3 data centers in multiple locations, becoming a leading managed services player offering network, hosting, managed voice, applications and systems integration services. Its international services for remote management of IT infrastructure and eLearning content development are winning widespread recognition. Sify was also India’s first private ISP provider, has the largest chain of cyber cafes across the country and a popular portal with content in eight Indian languages. The portal was the pioneer in video content in India and also launched a popular online games channel.

To view the event live please go to: www.nasdaq.com/reference/marketsite_about.stm

About Sify

Sify is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching 550+ cities and towns in India.

A significant part of the company’s revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is recognized as an ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data Center operations. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India’s first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use Sify’s corporate service offerings.

Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services. The eLearning Services business designs, develops, and delivers state-of-the-art digital learning solutions catering to for-profit, non-profit organizations, and governmental organizations in the fields of hi-tech, engineering, environment, healthcare, education, and finance. The Remote Infrastructure Management Services provides dependable and economical solutions around managed services, hosting, and monitoring.

Consumer services include broadband home access and the ePort chain of cyber cafes across 250 cities and towns. Sify.com, the popular consumer portal, has channels on news, entertainment, finance, sports, games and shopping. Samachar.com is the popular portal aimed at non-resident Indians around the globe. The site’s content is available in 8 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi and Gujarati in addition to English.

For more information about Sify, visit www.sifycorp.com

Forward Looking Statements

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 risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risks Related to Our Business” in the company’s report on Form 20-F for the year ended March 31, 2009, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov.

Contact information: Sify Technologies Limited Grayling Investor Relations Mr. David Appasamy Ms. Truc Nguyen (ext. 418) or Investor Relations Mr. Christopher Chu (ext. 426) +91-44-2254-0770 (ext. 2013) +1-646-284-9400 david.appasamy@sifycorp.com truc.nguyen@us.grayling.com or christopher.chu@us.grayling.com Media Relations: Ms. Stacy Dimakakos +1-646-284-9417 sdimakakos@hfgcg.com

Source: Sify Technologies Limited

Sify Technologies Limited: Mr. David Appasamy, Investor Relations; +91-44-2254-0770 (ext. 2013), david.appasamy at sifycorp.com; Grayling Investor Relations: Ms. Truc Nguyen (ext. 418) or Mr. Christopher Chu (ext. 426), +1-646-284-9400, truc.nguyen at us.grayling.com or christopher.chu at us.grayling.com; Media Relations: Ms. Stacy Dimakakos, +1-646-284-9417, sdimakakos at hfgcg.com

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