SAY Saratoga Investment Corp

- Leader will help Systems Integrators (SIs), Operators, and Suppliers solve complex business and technology issues - NEW YORK, May 24 /PRNewswire/ -- Satyam Computer Services, Ltd. (NYSE:SAY), a leading global consulting and information technology services company, announced today that Alpna J. Doshi, a vice president in its Telecommunications, Media and Entertainment Practice, has been appointed to a second consecutive year-long term as chair of the TeleManagement Forum's Systems Integrator Committee. "Alpna's appointment for a second term demonstrates the Committee's high regard for her performance, as well as its recognition of Satyam as a credible, powerful industry leader," said T.R. Anand, director and senior vice president of Satyam's Telecom, Infrastructure, Media and Entertainment, and Semiconductors Group. "The Committee comprises representatives from the world's leading systems integrators and suppliers, as well as operators with integration interests -- companies such as Accenture, Alcatel-Lucent, AT&T, and IBM -- so this is indeed a tremendous honor." TMF's Systems Integrator Committee serves as focal point for "ecosystem" issues. It also provides direction to companies facing implementation problems, and is a useful resource for numerous chief technology officers. In addition, it addresses strategic new areas for operators, like migration and conformance testing, and ensures that its own initiatives align with the increasing convergence of the telecom and media industries. Moreover, it creates synergies among global integrators by promoting widespread adoption of standards. "Alpna is a great asset for the TeleManagement Forum, and brings tremendous expertise and commitment to the organization," said Keith Willets, TMF's chairman of the board. "She also demonstrates exceptional leadership in her role as chairperson of the Forum's Systems Integrator Committee." During Doshi's first term, TMF made significant progress with its representative organizations. Under her leadership, the committee helped numerous large integrators bring forth common concerns and find innovative solutions to them. At the same time, she kept abreast of the interests of suppliers and operators, such as British Telecom, Telstra, and Vodafone, among others. "I am pleased to be appointed to this prestigious post again," Doshi said. "It is an honor to serve as a voice for systems integrators, and I look forward to helping them align their capabilities with buyers' requirements. Additionally, I am especially proud of the progress TMF has made on media/telecom convergence issues, and in accommodating global operators' technology and business needs. I am eager to make that progress continue for media/telecom and entertainment companies, and am pleased I can count on Satyam's capabilities as a key SI player for support." Doshi, who also serves on TMF's Finance Committee and Operator Committee, is inviting other telecom operators from India with strong systems integration interests to participate in the SI Committee, and will encourage them to play an active role. About Satyam 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 40,000(*) 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 558* global companies, of which 163* are Fortune Global 500 and Fortune US 500 corporations. Satyam's presence spans 55 countries, across six continents. (*) As of March 31, 2007 About the TeleManagement Forum With approximately 600 members in 65 countries, the TeleManagement Forum is the world's leading trade association focused on management of telecom, media, and information services. The TM Forum provides leadership, strategic guidance, and practical solutions to improve the way services are created, delivered, assured, and charged. Members include service providers, network operators, software suppliers, equipment suppliers and systems integrators. The TM Forum currently facilitates more than 80 technical programs and provides extensive training, conferencing and information services to its members. Through its initiatives to help providers move to 21st-century "lean" processes, the Forum helps members automate business processes by deploying operational systems that will work seamlessly across various parts of the service delivery chain. The organization provides industry benchmarks, guidebooks, process and software frameworks and specific "plug-and-play" standards. These give service providers the direction and specific roadmaps to achieve much greater business efficiency and operational flexibility. For further information regarding the TM Forum, related programs such as the Prosspero Initiative and TM Forum's Management World conferences, please visit http://www.tmforum.org/. 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 20- F concerning the quarter ended March 31, 2007, furnished to the United States Securities Exchange Commission on April 30, 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 CONTACT: Elizabeth Crosta, +1-415-596-9585, , for Satyam Web site: http://www.tmforum.org/

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