PUNE, India, August 26 /PRNewswire/ --

- Jetstar Partners With Zensar for Multiple Cost Optimisation Services

Zensar Technologies (BSE: 504067, NSE :ZENSARTECH, ISIN :INE520A01019,
 the leading global IT and BPO services provider, today announced the 
successful delivery of application development and support and BPO services
to Jetstar Airways. The success in this area is one more example of Zensar's
 successful impact sourcing service, which has been specially designed to 
enable significant reduction of technology and process costs for recession 
hit sectors and firms.

Jetstar, which is the low cost airline arm of airline major
Qantas, has been showing sustained accelerated business growth since its
launch in 2004 and recently announced a record profit before tax of AUD $137
million, a growth of 18% over the previous year. The company has also emerged
as the second largest international carrier serving the Australian market
after Qantas in terms of passengers carried. In an environment particularly
difficult for the airline industry, Jetstar has been a trail blazer. The
company has a unique customer-centered approach and this business-technology
alignment with the support of Zensar will ensure that Jetstar becomes one of
the leading differentiated airlines in the industry.

This partnership with Zensar is focused to deliver high
quality IT services to Jetstar's business and leverage IT best practices with
a strict SLA management system to achieve quantifiable operational and
financial improvements and enhance the delivery of services to its customers.

Stephen Tame, Jetstar CIO and Head of Information Technology,
said, "I am confident that the new partnership will deliver long term
business benefits. Zensar has demonstrated through a number of assigned
projects, and business services activities that they have the organisational
agility and service engagement models to partner successfully with Jetstar's
Crewing and Operations business. The Zensar team has developed trust and
service levels directly with the Jetstar business operations group, and has
accepted accountabilities associated with a true IT services partnership."

Dr Ganesh Natarajan, Vice Chairman and MD, Zensar said,
"Despite the current market scenario, we are seeing new opportunities both
internationally and in the domestic market to strengthen our relationship
with existing customers. This partnership with Jetstar Airways is a strategic
one for Zensar and with multiple projects on the anvil, we expect to perfect
our impact sourcing services to help many troubled airlines in India and
abroad to come back into the black and improve their performance in the
months to come"

Zensar APAC Head and Vice-President of Sales, J. Parthasarathi
credited the win to Zensar's proven business model and the capability to be
flexible and adaptable to changing customer requirements and said, "Customers
are increasingly focusing on consolidation, cost optimization and value-added
services, while at Zensar we bring the best practices to build a strong
delivery ecosystem that goes beyond typical customer-vendor relationships -
our relationship with Jetstar is built on these principles and we intend to
partner with Jetstar in addressing customer requirements for business
continuity in the future," he said.

In addition to application development and support, Zensar
also delivers crewing and roster building services to Jetstar. With greater
competitiveness than ever before within the markets the company serves,
Zensar's unique combination of domain expertise, market knowledge and a
customer-centric approach will allow sustained growth for Jetstar.

About the Jetstar Group

Jetstar is a value based carrier network providing all day
every day low fares with an open approach to air travel.

Jetstar's mission is to enable more people to fly more often
and also to extend air travel to those who have previously never been able to
afford to fly by offering customers low fares, all day, every day.

The Jetstar Group includes wholly owned Qantas subsidiaries
operating from Australia and New Zealand and partner carriers including
Jetstar Asia and Valuair in Singapore.

Jetstar Asia / Valuair is 51 per cent held by Westbrook
Investments Pte Ltd (Westbrook) and 49 per cent by Qantas and Jetstar Pacific
in Vietnam is 27 per cent held by Qantas with other shareholders including
its largest shareholder, State Capital Investment Corporation, Saigon Tourist
Holding Company and Mr Luong Hoai Nam, CEO of Jetstar Pacific.

Collectively the Jetstar Group of airlines operate over 1800
weekly flights to 15 countries, serving in excess of 50 markets across the
Asia and Asia Pacific region.

About Zensar Technologies Ltd

Zensar Technologies is among the top 25 software services
providers from India, and is part of the USD 3.2 billion RPG group of
companies. Zensar is the world's first enterprise-wide SEI CMM Level 5
Company and was also later certified as a CMMI Level 5 Company with industry
expertise that spans Retail, Manufacturing, Logistics, Airlines, Banking,
Insurance and Utilities. Zensar has more than 4600 employees with sales and
operations presence across US, UK, Germany, Sweden, Finland, Middle East,
South Africa, Hong Kong, Singapore, Australia and Japan . The Company
delivers comprehensive IT services in applications development, support and
maintenance, infrastructure management, SAP, Oracle, Oracle Retail, BI/DW,
SharePoint, Documentum, CRM, BPO and Knowledge Services. The Company has
developed tools and methodologies, including the proprietary Solution
BluePrint (SBP), which enables its clients with innovative business solutions
and a rapid 'go-to-market' capability. The Company supports Fortune 500
clients with software business solutions that help them compete in the
digital economy.

Safe Harbor

Certain statements in this release concerning our future
growth prospects are forward-looking statements which involve a number of
risks and uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. The risks and uncertainties
relating to these statements include, but are not limited to, risks and
uncertainties regarding fluctuations in earnings, our ability to manage
growth, intense competition in IT services including those factors which may
affect our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on fixed
price, fixed-time frame contracts, client concentration, restrictions on
immigration, our ability to manage our international operations, reduced
demand for technology in our key focus areas, disruptions in
telecommunication networks, our ability to successfully complete and
integrate potential acquisitions, liability for damages on our service
contracts, withdrawal of governmental fiscal incentives, political
instability, legal restrictions on raising capital or acquiring companies
outside India, and unauthorized use of our intellectual property and general
economic conditions affecting our industry. The Company does not undertake to
update any forward-looking statement that may be made from time to time by or
on behalf of the Company

For further information, please contact:
    Raj Kurup
    Business Development Manager
    Zensar Technologies Ltd
    Mobile: +61(0)4011-83380 Email: rajkurup@zensar.com.au