Satyam Acquires Bridge Strategy Group


HYDERABAD, India, January 21 /PRNewswire/ --

- Chicago-Based Management Consulting Firm Strengthens Company's
High-End Business Services

Satyam Computer Services Ltd. (NYSE:SAY), a leading business
and information technology services provider, today announced that it has
entered into a definitive agreement to acquire Bridge Strategy Group, a
Chicago, Ill.-based management consulting firm. In making the $35 million,
all-cash purchase, Satyam significantly reinforces its strategy consulting
and business transformation capabilities.

"Bridge Strategy Group is a highly respected organization that
is well known for its exceptional professionals and its acumen in seven key
industries," said Satyam Founder & Chairman, B. Ramalinga Raju. "By absorbing
the company, we gain an immediate influx of 36 brilliant and experienced
strategy consultants, most of whom are alumni of the world's best strategy
consulting firms and business schools. We also significantly bolster our
ability to provide the entire spectrum of services to global customers. At
the same time, Bridge Group clients gain access to Satyam's world-class
business process and technology skills and global resources."

Bridge Strategy, which was founded in 1998, earned $17 million
in revenue last fiscal year. It develops profitable growth, operations
design, performance improvement, and execution strategies for clients of
varying size. It also boasts a strong thought leadership focus, and is
committed to helping its clients "rapidly improve their business
performance."

Numerous factors make the acquisition ideal for Satyam, Raju
said. The organization's strategy, when purchasing other companies, is to:

- Add higher value service offerings

- Bridge competency gaps

- Enhance leadership capabilities

- Add sound and significant customer relationships

- Strengthen the brand

"Bridge Strategy does all of the above," he said. "With its
experts as part of our team, Satyam will deliver superior, end-to-end
transformational solutions with even greater speed and efficiency. As we
deepen our relationships with longstanding customers, they expect us to
provide highly strategic counsel. We are now more able to accommodate that
demand."

For their part, Bridge Strategy professionals look forward to
helping their new colleagues create more complete solutions for global
clients.

"The strategic business problems Bridge Strategy clients face
frequently call for complex business process and technology solutions, which
makes this merger a natural fit," said Bridge Strategy President and Senior
Partner Stephen E. Sheridan. "We are pleased to add our skills to Satyam's
broad range of capabilities, and to help the company strengthen its place at
the forefront of the professional services industry."

While Bridge Strategy will continue to serve clients in the
US, Satyam's largest and most mature market, its services will be made
available to Satyam clients worldwide via Satyam's advanced global delivery
model.

Sheridan, the current president of Bridge Strategy, will
assume the role of CEO for the unit after the acquisition, and will report to
Satyam Co-founder & CEO, Rama Raju, who will also serve as chairman of Bridge
Strategy Group. All current partners and staff are expected to remain with
the unit.

For the foreseeable future, Bridge Strategy will operate as a
fully owned subsidiary of Satyam, and maintain its name and brand. Plans to
seamlessly integrate the firm into Satyam's global network of capabilities
are under way, and initially focus on defining go-to-market strategies and
value proposition and competency development.

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(i) industries and 61(i) 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 49,199(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 630(i) clients, including more than one third of the Fortune
500. For more information, see http://www.satyam.com.

(i) As of Dec. 31, 2007

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.

© PR Newswire Association LLC.

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