Sify Technologies to Report Third Quarter 2008-2009 Fiscal Year Financial Results on January 23, 2009


CHENNAI, India, January 15 /PRNewswire/ --     Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Consumer
Internet Services and Enterprise Services in India with global delivery
capabilities, today announced that it will report its financial results for
the third quarter of fiscal year 2008-2009 ended December 31, 2008 on January
23, 2009 before the market opens.

In conjunction with the earnings release, Sify will host a conference
call at 9:00 AM EST hosted by Mr. Raju Vegesna, Chairman of the Board and
Chief Executive Officer, Mr. CVS Suri, Chief Operating Officer and Mr. MP
Vijay Kumar, Chief Financial Officer.

Interested parties may participate in the conference call by dialling
877-407-8031 (U.S. or Canada) or +1-201-689-8031 (international), which will
also be simultaneously broadcast live over the Internet at
http://www.sifycorp.com or http://www.vcall.com.

Please allow extra time prior to the call to visit the site and download
the streaming media software required to listen to the Internet broadcast.

The online archive of the Web cast will be available shortly after the
conference call, or investors can listen to the replay by dialing
877-660-6853 or +1-201-612-7415 and entering account number 286 and
conference ID number 310137. Please allow for some time post conference call
to access the archive of the Web cast.

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 500+ 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 9001:2000 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 27001 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.

Consumer services include broadband home access, dial up connectivity and
the e-port cybercafe chain across 180 cities and towns. Sify.com the consumer
portal of Sify has sub portals like http://www.samachar.com,
http://www.walletwatch.com, http://www.sifymax.com and
http://www.chennailive.in, http://www.bangalorelive.in,
http://www.mumbailive.in, http://www.hyderabadlive.in the city based live
video on the web. The content is available in 5 Indian languages, which
include Hindi, Malayalam, Telugu, Kannada and Tamil.

For more information about Sify visit http://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, 2008, which
has been filed with the United States Securities and Exchange Commission and
is available by accessing the database maintained by the SEC at
http://www.sec.gov.

Contact information:
    Sify Technologies Limited
    Mr. David Appasamy
    Investor Relations
    +91-44-2254-0770 Ext. 2013
    david.appasamy@sifycorp.com

    Grayling Global
    Investor Relations:
    Ms. Truc N. Nguyen (ext. 418) or
    Mr. Christopher Chu (ext. 426)
    +1-646-284-9400
    tnguyen@hfgcg.com or
    cchu@hfgcg.com
 
    Media Relations:
    Ms. Stacy Dimakakos
    +1-646-284-9417
    sdimakakos@hfgcg.com

© PR Newswire Association LLC.

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