IGTE (MM)

PITTSBURGH, Jan. 31 /PRNewswire-FirstCall/ -- iGATE Corporation (NASDAQ:IGTE), a global provider of IT and BPO services, today announced that the Company's offshore subsidiary iGATE Global Solutions ("iGS"), inaugurated another new building at its corporate campus in Whitefield, Bangalore, India. (Logo: http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO ) This new facility provides another 100,000 square feet of additional work space with a capacity to seat 900 employees. The estimated cost of constructing and equipping the facility was approximately $6.5 million. This new building has environment friendly initiatives like rain water harvesting, waste water treatment and uses energy conserving lighting and air-conditioning systems. "In our continued endeavor to provide a world-class work environment for our employees, the new facility has been built according to best-in-class standards. We also have sufficient vacant space within our campus to accommodate future growth," said N Ramachandran, Member of the Board and Chief Financial Officer, iGATE Global Solutions. iGS's corporate campus in Whitefield, Bangalore, inaugurated early 2003, is located on 14 total acres. The campus presently has work space for around 3,500 employees and over 100,000 square feet of the campus has also been preserved as greenery in the 10 acre area that has been developed to date. About iGATE Corporation Pittsburgh, Pennsylvania-based 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 Ltd., 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, systems integration, package evaluation, and implementation, re-engineering and maintenance. iGATE Corporation also offers IT Professional Services in the areas of packaged application implementation, custom development, web services and business intelligence. The Company services more than 300 clients across five continents. Clients rely on iGATE for high quality service, responsiveness, and cost- effective global reach. More information about iGATE is available at http://www.igatecorp.com/. About iGATE Global Solutions iGATE Global Solutions is the first fully Integrated Technology and Operations (iTOPS) company with a global services delivery. iGATE enables clients to optimize their business and gain substantial and sustainable benefits year-on-year through a combination of process investment strategies, technology leverage and business process outsourcing and provisioning. Services include consulting, IT Services, Data Analytics, Enterprise Systems, BPO/BSP, Contact Center and Infrastructure Management Services. The Company has been assessed at SEI-CMM Level 5, follows Six Sigma methodologies and is BS7799 & COBIT certified, ensuring the highest levels of quality and data security. Incorporated in 1993, iGATE is listed in the National and Mumbai Stock Exchange, India. The company operates out of six global development centers and sixteen representative sales offices across the globe. iGATE is an equal opportunity employer that actively encourages diversity. For more information, please visit http://www.igate.com/ Safe Harbor Some of the statements in this news release that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. 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, the level of market demand for our services, the highly-competitive market for the types of services that we offer, 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, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry. http://www.newscom.com/cgi-bin/prnh/20010110/IGTELOGO http://photoarchive.ap.org/ DATASOURCE: iGATE Corporation CONTACT: Michael J. Zugay, Sr. Vice President & CFO, of iGate Corporation, +1-412-787-9590, or Web site: http://www.igatecorp.com/

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