Satyam Signs Two Major IT Contracts with FIFA
July 31 2007 - 6:30AM
PR Newswire (US)
International Football Organization Chooses Global Consulting and
Information Technology Services Company to Deliver FIFA Extranet,
Intranet, and Customized Event Management System with Match AG
HYDERABAD, India, July 31 /PRNewswire-FirstCall/ -- Satyam Computer
Services, Ltd. (NYSE:SAY), a leading global consulting and
information technology services company, announced today that it
has signed two multimillion-dollar contracts to support FIFA and
its major forthcoming events. Thanks to the strength of its
technical capabilities and flexible approach, Satyam has not only
been selected to develop a customized Event Management System for
one of the world's premier sports organizations, but it has also
been chosen to build an Extranet and Intranet for FIFA over the
next 12 months. Satyam's partnership will also include full,
uninterrupted support for both solutions for FIFA, until the final
whistle of each game. Working primarily from FIFA's Zurich
headquarters, Satyam will provide in-country support for matches.
It will also have teams work from offshore locations to enable
lower costs and optimized CMM Level 5 quality. "Clearly, FIFA
organizes incredibly large-scale, high-profile tournaments. In
fact, we host the world's most widely viewed sporting events; with
as many as 28 billion people watching the 2006 Tournament. As such,
we cannot afford even a second's downtime, even during the huge
usage spikes throughout games," said FIFA head of information
technology solutions Michael Kelly. "That is why we have chosen the
reliability, flexibility, and reusability of Satyam's applications.
This is the start of a long-term relationship that will see Satyam
working closely with FIFA over the next few years." "We are
delighted to have been chosen to deliver two such critical
applications for FIFA, and are committed to ensuring the success of
managing its event logistics and Extranets/Intranet platforms,"
said Dr. Keshab Panda, the senior vice president, director, and
head of Satyam's European operations. About Satyam Computer
Services Satyam (NYSE:SAY), a leading global business and
information technology services company, delivers consulting,
systems integration, and outsourcing solutions to clients in 20
industries and 57 countries. Satyam leverages deep industry and
functional expertise, leading technology practices, and an
advanced, global delivery model to help clients transform their
highest-value business processes and improve their business
performance. The company's 42,500(i) professionals excel in
engineering and product development, supply chain management,
client relationship management, business process quality, business
intelligence, enterprise integration, and infrastructure
management, among other key capabilities. Satyam development and
delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt,
UAE, India, China, Malaysia, Singapore, and Australia serve 570(i)
clients, including one-third of the US Fortune 500. For more
information, see http://www.satyam.com/. (i)As of June 30, 2007
About FIFA The Fédération Internationale de Football Association
(FIFA) is an association governed by Swiss law, founded in 1904,
and based in Zurich. It has 208 member associations and its goal,
enshrined in its statutes, is the constant development and
improvement of football. FIFA employs some 280 people from more
than 30 nations and is composed of a Congress (legislative body),
Executive Committee (executive body), General Secretariat
(administrative body), and committees (assisting the Executive
Committee). 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/. Web site:
http://www.satyam.com/ DATASOURCE: Satyam Computer Services, Ltd.
CONTACT: Satyam Contacts: For clarifications write to us at or
contact our global PR representatives at: India Rajesh ,
+91-40-55316861, +91-98490-42184; US Siobhan Aalders ,
+1-212-880-5341, +1 347-387-0733; Europe Clare Gibbins ,
+44-20-7309-1037; Asia-Pacific Geeta Fadnavis + 91-040-23220067
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