Sify Technologies expands footprint into Europe; Appoints Mark Ryder as Managing Director for Europe
February 15 2017 - 9:06AM
Sify Technologies Limited (NASDAQ Global Markets:
SIFY), headquartered at Chennai, India, a leader in Managed
Enterprise, Network and IT Services in India with growing global
delivery capabilities, today announced its expansion into Europe
and the appointment of Mr. Mark Ryder as Managing Director -
Europe. Mark will also head Sify's UK operation and will be based
out of London, United Kingdom. In his new role, Mark will be play a
crucial role in Sify's expansion plans focusing on supporting
European businesses requiring access to the growing Indian economy,
both as a market for expansion and access to the skilled Indian
workforce and IT supporting infrastructure. Commenting on Mr.
Ryder's appointment, Mr. Raju Vegesna, Chairman, Sify Technologies
said, "After a successful foray into North America, we are very
excited to expand our footprint into the European region. Mark's
appointment will accelerate our growth as a global ICT Solutions
and Services company. Mark will be working very closely with the
wider teams and leadership in India to support and enable the
business in Europe." With over twenty years of leadership
experience across wholesale, enterprise, public sector and channel
go-to-markets, Mark brings to Sify a wealth of experience in the
field of IT and Telecommunications. His previous global stints
include companies such as Verizon and Level 3; he has also helped
build European start-ups Colt and Zayo (formerly Geo) and has taken
them to critical operating volumes.
About Sify
Technologies
Sify is one of the the largest integrated ICT Solutions and
Services companies in India, offering end-to-end solutions with a
comprehensive range of products delivered over a common telecom
data network infrastructure reaching more than 1400 cities and
towns in India. This telecom network today connects 43 Data Centers
across India including Sify's 6 Tier 3 Data Centers across the
cities of Chennai, Mumbai, Delhi and Bengaluru.
A significant part of the company's revenue is derived from
Enterprise Services, comprising of Telecom services, Data Center
services, Cloud and Managed services, Applications Integration
services and Technology Integration services. Sify also provides
services that cater to the burgeoning demands of the SMB community,
much of it on its Cloud services platform.
Sify has a unified licence to operate NLD (National Long
Distance), ILD (International Long Distance) services and ISP
services and offers VoIP backhaul for international carriers. With
the Sify Cable landing station and partnerships with submarine
cable companies globally, Sify is present in almost all the spheres
of the ICT eco system.
Sify has an expanding base of Managed Services customers, both
in India and overseas, and is India's first enterprise managed
services provider to launch a Security Operations Center (SOC) to
deliver managed security services. The software team develops
applications and offers services to improve business efficiencies
of its current and prospective client bases. Sify also offers
services in the specialized domains of eLearning, both in India and
globally. For more information about Sify, visit 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 "Risk Factors" in the
company's Annual Report on Form 20-F for the year ended March 31,
2016, which has been filed with the United States Securities and
Exchange Commission and is available by accessing the database
maintained by the SEC at www.sec.gov, and Sify's other reports
filed with the SEC.
CONTACT: Sify Technologies Limited
Mr. Praveen Krishna
Investor Relations & Public Relations
+91 44 22540777 (ext.2055)
praveen.krishna@sifycorp.com
Grayling Investor Relations
Shiwei Yin
+1-646-284-9474
Shiwei.Yin@grayling.com
20:20 Media
Nikhila Kesavan
+91 9840124036
nikhila.kesavan@2020msl.com
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