IGTE (MM)

FREMONT, Calif. Nov. 11 /PRNewswire-FirstCall/ -- iGATE (NASDAQ:iGTE), the integrated technology and operations (iTOPS) company, announced achieving the highest rating of the Capability Maturity Model Integration (CMMI) Version 1.2, following an appraisal at the end of August 2008. With this rating, iGATE joins a very select group of companies who have demonstrated their commitment to better quality and customer service by applying the most rigorous process analysis and improvements to their operations. Established by Carnegie Mellon(R) University's Software Engineering Institute (SEI), the CMMI gauges how effectively an organization has implemented engineering and management processes. CMMI Maturity Level 5 is the highest rating an organization can achieve and is indicative of process implementation that has been proven to improve quality and provide predictable process performance. An appraisal involves extensive reviews of documentation and interviews with project managers, functional area representatives, and middle and senior management. "iGATE has effectively integrated Six Sigma, Lean and Kaizen in their implementation of CMMI(R) Level 4 and 5 practices. Combined with Quality Function Deployment and Mind Mapping to better understand customer requirements, iGATE has developed effective and efficient processes that are focused on meeting customer needs. iGATE has correlated their internal quality measures with a Customer Satisfaction score. The bottom line result of these activities is sustained improvement in schedule and quality indicators. iGATE is to be congratulated for their achievement in satisfying the requirements for Level 5," said Edward Weller, an SEI Authorized High Maturity Lead Appraiser from Integrated Productivity Solutions. Phaneesh Murthy, CEO, iGATE said, "Achieving a Maturity Level 5 rating on the CMMI v1.2 is a key milestone in the quality journey we have been on during the past three years and reinforces iGATE's ongoing commitment to excellence. This achievement is testimony to the quality and value we bring to our customers in terms of management by metrics, predictive performance, strong requirements management, defect reduction and lower cost of ownership." Ravi Mani, Vice President and Head - Organizational Excellence, iGATE said, "iGATE's Quality Management System is based on and integrated with industry standards, models and methodologies such as CMMI, ISO 9001, ISO 27000, Six Sigma and Lean. To that base, iGATE has incorporated its own proprietary improvement frameworks including our 'Small Steps' initiative. By involving employees at all levels and by applying these models and frameworks, we have created an environment of continual process improvements at iGATE." About iGATE iGATE (NASDAQ:IGTE) is the first outsourcing solutions provider to offer a business outcome based pricing model through a fully integrated technology and operations (iTOPS) structure with global service delivery. iGATE works with clients to optimize their businesses, secure substantial and sustainable year-on-year cost benefits, tie costs to business needs and results. iGATE provides consulting; IT services; data warehouse; business intelligence solutions; enterprise solutions; BPO/business service provisioning; contact center and infrastructure management services. The company has been assessed at CMMI Level 5, follows Six Sigma methodologies and is COBIT, ISO 9001 and ISO 27001 certified, ensuring the highest levels of quality and data security. iGATE has presences in 12 countries and manages global delivery centers in the United States, Mexico, Australia, Malaysia and India. It is also rated as the most respected IT employer in India. For more information, please visit http://www.igate.com/. Forward-Looking Statements Some of the statements contained in this news release that are not historical facts are forward-looking statements. These forward-looking statements include the Company's financial, growth and liquidity projections as well as statements concerning the Company's plans, strategies, intentions and beliefs concerning business cash flows, costs and the markets in which it operates and the proposed divestiture of its Professional Services Business. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects," "intends" and similar expressions are intended to identify certain forward-looking statements. These statements are based on information currently available to the Company and it assumes no obligation to update the forward-looking statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from the forward-looking statements. These risks include, but are not limited to, the pricing of the shares to be purchased in the delisting, the company's ability to predict its financial performance, the level of market demand for its services, the highly-competitive market for the types of services offered by the Company, the impact of competitive factors on profit margins, market conditions that could cause the Company's customers to reduce their spending for its services, the Company's ability to create, acquire and build new businesses and to grow existing businesses, attract and retain qualified personnel, 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 the Company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2006. DATASOURCE: iGATE CONTACT: Media, Alexis Wilson for iGATE, +1-212-994-7591, , or Rathnam Subramanyam of iGATE, +1-510-896-3021, ; Investors, Salil Ravindran of iGATE, +1-510-896-3015, Web Site: http://www.igate.com/

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