IGTE (MM)

iGATE Corporation Schedules Conference Call To Discuss First Quarter 2005 Financial Results and Will Issue Press Release To Discuss Fourth Quarter Results PITTSBURGH, April 19 /PRNewswire-FirstCall/ -- iGATE Corporation (NASDAQ:IGTE), a global provider of IT and BPO services, has scheduled its conference call to discuss the results for its first quarter ended March 31, 2005, for Wednesday, May 10, 2005 at 10:00 a.m. EDT. (Logo: http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO ) The call will be webcast live on the Internet at http://www.igatecorp.com/ via the Investor Relations section. Investors should log on 10 minutes prior to the start of the program. A replay of the call will be available for 7 days following its conclusion. Domestic callers can access the replay by dialing 877-660-6853 and entering account number 293 and conference number 147099. International callers can access the replay by dialing 201-612-7415 and entering the same account number: 293 and conference number: 147099. The webcast will be available for 7 days on iGATE's corporate Web site. Instead of hosting the previously scheduled call on Thursday, April 21, 2005 to discuss fourth quarter results, the Company plans to issue a press release detailing the operational highlights of the quarter ending December 31, 2004, before the market opens on Thursday, April 21, 2005. "We are anxious to get back to a normal schedule and conduct timely earnings announcements in line with our peers. Because our financial results for the full year 2004 have been available since April 7, 2005, when we filed our Form 10-K with the SEC, we believe all relevant information has been disclosed. Anyone having questions regarding the fourth quarter results should contact me at 412-787-9590 or Laureen Laby in investor relations at 412-787-9230 or via email at ," said Mike Zugay, iGATE's Chief Financial Officer. About iGATE Corporation: iGATE Corporation (NASDAQ:IGTE) is the first fully integrated technology and operations firm with a global service model. iGATE Corporation, through its offshore subsidiary iGATE Global Solutions, enables clients to optimize their business through a combination of process investment strategies, technology leverage and business process outsourcing and provisioning. Services include consulting, enterprise data management and data warehousing, business intelligence and analytics, design, development, system integration, package evaluation and implementation, re-engineering and maintenance. iGATE Corporation also offers IT Professional Services through its other subsidiaries. The company services more than 500 clients across five continents. Clients rely on iGATE because of our high quality of service, our responsiveness and our cost-effective global reach. More information on iGATE is available at http://www.igatecorp.com/ . Some of the statements in this news release that are not historical facts are forward-looking statements. These forward-looking statements include our financial, growth and liquidity projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business, cash flows, costs and the markets in which we operate. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify certain forward-looking statements. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, our ability to predict our financial performance, the level of market demand for our services, the highly-competitive market for the types of services that we offer, the impact of competitive factors on profit margins, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, our ability to reduce costs and conserve cash, currency fluctuations and market conditions in India and elsewhere around the world, political and military tensions in India and South Asia, changes in generally accepted accounting principles and/or their interpretation and other risks that are described in more detail in our filings with the Securities and Exchange Commission including our Form 10-K for the year ended December 31, 2004. http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO http://photoarchive.ap.org/ DATASOURCE: iGATE Corporation CONTACT: Laureen Laby, Director, Investor Relations of iGATE Corporation, +1-412-787-9230, or Web site: http://www.igatecorp.com/

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