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Satyam Awarded Major Contract With Irish Further Education and Training Awards Council (FETAC)
HYDERABAD, India, January 8 /PRNewswire/ -- - Will Provide FETAC Multi-Tiered Solution Featuring Lombardi's Business Process Management (BPM) Suite - Satyam's Valuable BPM Expertise Will Enable Rapid Implementation Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, announced today that it has been awarded a major contract with Ireland's Further Education Training and Awards Council (FETAC.) Under the contract, Satyam will drive FETAC's implementation of Enterprise-Class BPM solutions for its core business processes. Satyam won the contract as a result of its proven leadership in Consulting and Enterprise Business Solutions market, and its BPM consulting and services expertise. Satyam will use Teamworks(R), Lombardi's award winning BPM suite to roll out a multi-tiered solution that includes Process Management, Business Intelligence, and Document Management via enhanced security and integration frameworks. The solution will automate several manual processes and provide FETAC with enhanced process visibility and performance, stronger collaboration with business stakeholders, and reduced service cycle times. "The win is a testament to Satyam's commitment to providing a solutions-based consultative approach for our European customers," said Dr. Keshab Panda, Sr. Vice President, Director and head of Satyam European operations. "This approach has been a key to our success in expanding our presence in Europe. "This is a key investment, not just for FETAC but for the hundreds of centers using our online systems every day,'' said Stan McHugh, Chief Executive FETAC. "This new system will enable us to provide a reliable and easy-to-use service. It will also have the added value of making information and statistics about FETAC awards readily available, which will help all providers better understand and anticipate the changing needs of the further education and training sector." "Our consulting-led approach enabled us to showcase a solution framework that will enable FETAC to achieve its business goals," added Sriram Krishnan, Satyam's senior vice president of Consulting and Enterprise Solutions. "Lombardi's robust product offering, coupled with our execution capabilities, will prove to be a winning combination. About Satyam Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20 industries and 57 countries. Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 45,700(i) professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities. Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 599 clients, 173 of which are Fortune Global 500 and Fortune US 500 corporations. For more information, see http://www.satyam.com. (i)As of Sept. 30, 2007 About FETAC As the national awarding body for further education and training in Ireland, the Further Education and Training Awards Council (FETAC) gives people the opportunity to gain recognition for learning in education or training centers, in the work place and in the community. FETAC's functions include, making and promoting awards; validating programs; monitoring and ensuring the quality of programs; and determining standards. Programs leading to FETAC awards are offered nationwide by a wide range of providers in diverse settings, including BIM, Fáilte Ireland F�S and Teagasc centres, VEC's, adult and community education and training centers, Institutes of Technology and in the workplace. FETAC was set up as a statutory body on 11 June 2001 by the Minister for Education and Science under the Qualifications (Education & Training) Act, 1999. FETAC has responsibility for making awards previously made by BIM, Fáilte Ireland , F�S, NCVA and Teagasc and has made over 500,000 awards to date. About Lombardi Lombardi is a leader in business process management (BPM) software for companies, systems integrators and government agencies. We offer award-winning BPM technology, know-how and services to help our customers become Process-Driven. Lombardi products are built on open standards, and provide ongoing prioritization, planning, visibility and control of business processes, increasing the speed and flexibility with which organizations can manage their business process activity and decision-making. Lombardi is behind some of the largest, most successful BPM implementations in the world. Our customers include Allianz Life, Aflac, Banco Espirito Santo, Capital One, Dell, El Paso Corp., Hasbro, ING Direct, Maritz Travel, National Bank of Canada, National Institute of Health, Rabobank, Safety-Kleen, Sprint, T-Mobile, Universal Music Group, Xbridge, and numerous governmental agencies. For more information, visit http://www.lombardi.com. 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 6-K concerning the quarter ended September 30, 2007, furnished to the United States Securities Exchange Commission on October 31, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
