Syntel Named in Fortune Magazine’s List of World’s Supercharged Performers

By Prne, Gaea News Network
Tuesday, August 18, 2009

MUMBAI, India - Syntel, Inc. announced today that it has been included on Fortune Magazine’s global list of “100 Fastest Growing Companies”.

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Fortune Magazine ranked companies on the basis of 3 years growth in Revenue, Profit and Total Return. Syntel was ranked 81 on the list, which includes all global companies traded on a U.S. exchange and files quarterly reports.

“It’s an honor to be in the same league with iconic companies like Research in Motion, Google, Apple and Amazon. I congratulate all Syntellers for this significant accomplishment,” said Bharat Desai, Chairman of Syntel.

“Being the highest ranked IT -KPO service provider on this list is testimony to our unwavering focus on client intimacy, people investments and strategy of delivering value-driven business solutions to our customers,” said Keshav R. Murugesh, CEO of Syntel.

About Syntel

Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Recently named one of the “50 Best Managed Global Outsourcing Vendors” by The Black Book of Outsourcing, Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of June 30, 2009, Syntel employed more than 11,300 people worldwide. To learn more, visit us at: www.syntelinc.com

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company’s Annual Form 10-K document dated March 12, 2009 and the Company’s Quarterly Report on Form 10-Q for the period ending March 31, 2009.

Contact: Sudhanshu Patni, Syntel, Cell No.+9930313192, Sudhanshu_patni@syntelinc.com

Source: Syntel Inc

Contact: Sudhanshu Patni, Syntel, Cell No.+9930313192, Sudhanshu_patni at syntelinc.com

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