SAY Saratoga Investment Corp

Foray Into Brasil Bolsters Global Delivery Model 4,500-Square-Foot Facility Will Focus on South American and Global Customers HYDERABAD, India, April 4 /PRNewswire-FirstCall/ -- Satyam Computer Services, Ltd. (NYSE:SAY), the leading global and information technology services company, announced today that it has launched a 4,500-square-foot development center here, its largest facility in South America. The Satyam Latam Center is already providing services for several Brasilian, other South American, and global customers. Professionals at the center provide application outsourcing and development, enterprise resource planning software implementation and outsourcing, and infrastructure management services and consulting. "Establishing a strategic facility in South America complements numerous other Satyam development centers in Africa, Asia, Eastern Europe, and North America," said Ram Mynampati, president of Satyam's commercial and healthcare businesses. "It also demonstrates Satyam's commitment to providing exceptional client service via a global delivery model, and reinforces our dedication to the local market." Cleiton Amaral Dias, the chief information officer at Invista, inaugurated the facility today. Three other local business leaders, Jane Ricci, an IT manager at Camargo Correa; Mario Marandino, an IT manager at Nestle; and Flavio Reis, the CIO of Caterpillar, served as lamplighters. The lighting of a lamp at a kickoff ceremony is an ancient Indian tradition that symbolizes the removal of ignorance and darkness. The center's inauguration coincided with Satyam's hosting of the First Latin American Geosourcing Forum at the Blue Tree Hotel, an event attended by more than 40 CXOs and key decision makers. "The opening of the Satyam Latam Development Center and our participation in the Geosourcing Forum are strong indications of Satyam's dedication to clients all over the world, and to Latin America in particular," Mynampati said. "We are always on the lookout for places where exceptional people wish to excel, and South America fits that bill very nicely. Sao Paulo has several excellent universities. As a result, it also features a great number of skilled and highly capable information technology and business professionals who would benefit Satyam and our clients tremendously." "In addition to enabling Satyam to respond to our clients' needs with more agility, the new center will serve as the organization's South American headquarters," said Gary Teelucksingh, leader of the company's initiatives in the Americas. "Moreover, it marks the first of several key investments Satyam is making on this continent. In fact, plans for another substantial center in Brasil are already under way." Sao Paulo Governor Jose Serra is also pleased with Satyam's decision to increase its footprint here. "This thriving, growing city is Brasil's industrial and financial center, and features numerous high-profile organizations that are already Satyam clients. We look forward to leveraging our skills in Sao Paulo and throughout the world to deliver superior business solutions for the outstanding companies here." About Satyam Computer Services Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and information technology services company, provides a comprehensive scope of services to help customers reengineer and reinvent their businesses to compete successfully in an ever-changing marketplace. Nearly 38,000* highly skilled Satyam professionals work onsite, offsite, offshore, and nearshore to provide customized business solutions for companies in several industries. Satyam's ideas and products have resulted in technology-intensive transformations that have met the most stringent international quality standards. Satyam has Development Centers in the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, India, China, Japan, and Australia. These centers serve 541* global companies, of which 158* are Fortune Global 500 and Fortune US 500 corporations. Satyam's presence spans 55 countries, across six continents. For further information, log onto http://www.satyam.com/. *As of Dec. 31, 2006 Satyam contacts For further information, contact: India Shakuntala Sarkar, , +919885106696Rajesh, , +91 40 55316861, +91 98490 42184 US Ivette Almeida, 1-646-284-9455 | +1-201-232-0128 Europe Priti Thakker, , +1-973-753-1858 / +44 (0) 20 7715 5009 Asia-Pacific Reshma Wad Jain, , +65 6737 4844, +65 98140507 or Amber Dale, , Jiang Ying, , +86 21 5080 7600 extn 4015, +86 13816686084 Safe Harbor This press release contains forward-looking statements within the meaning of section 27A of 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 certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward- looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6 - K concerning the quarter ended December 31, 2006, furnished to the United States Securities Exchange Commission on January 27, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov/. DATASOURCE: Satyam Computer Services, Ltd. CONTACT: India -- Shakuntala Sarkar, , +91-98-85106696; Rajesh, , +91-40-55316861, +91-98-49042184; US -- Ivette Almeida, +1-646-284-9455, +1-201-232-0128, ; Europe -- Priti Thakker, +1-973-753-1858, +44-0-20-7715-5009, ; Asia-Pacific -- Reshma Wad Jain, +65-6737-4844, +65 98140507, ; Amber Dale, a.dale@polaris- me.com, Jiang Ying, , +86-21-5080-7600, ext. 4015, +86-13816686084 Web site: http://www.satyam.com/

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