SAY Saratoga Investment Corp

B. Ramalinga Raju will discuss his entrepreneurial journey and his vision for society at large AUSTIN, Texas, Sept. 4 /PRNewswire-FirstCall/ -- Satyam (NYSE:SAY), a leading global consulting and information technology services company, today announced that its founder and chairman, B. Ramalinga Raju, will be a featured speaker at TiECon Texas, the premier conference for entrepreneurs. The conference will take place on Sept. 21 at the Renaissance Hotel. Raju, one of India's most well known businessmen and thought leaders, will discuss his entrepreneurial journey, delving into Satyam's early days and describing its phenomenal transformation over the years. With revenues under $1 million in 1992 when the company went public, Satyam became one of the youngest IT services companies in India to have reached $1 billion in revenues in 2006, and its revenues today exceed $1.5 billion. Satyam has been able to sustain and promote a culture of entrepreneurship at every level of the organization even as the company has grown to over 42,500 associates in 61 countries. Raju's value creation model organizes the company's activities into a network of nearly 2000 "businesses," each run by a leader. These professionals are encouraged to think and act like entrepreneurs -- the CEOs of their own businesses. "The distribution of empowerment has been exceptionally effective because it has brought decision-making as close as possible to the client," Raju said. "It also creates leadership opportunities for our associates. As a result, it helps Satyam build leaders with broad business skills, one of our premier corporate objectives." Raju will also describe how he applies this entrepreneurial approach to the various corporate social responsibility efforts that he is associated with: the Satyam Foundation and the family-sponsored Byrraju Foundation, which help the urban and rural underprivileged in India, respectively, and the Emergency Management & Research Institute (EMRI), which provides emergency response (911) services across India, are excellent examples of this strategy. "This is another way we build leaders. We encourage our associates to donate 10 percent of their free time toward charitable endeavors," Raju said. "We do more than buy books for students in our schools; we teach them to read and write." The results have been astounding. Satyam has educated and employed thousands of people in some of India's poorest slums and villages, enabling them to contribute to society in increasingly meaningful ways. Moreover, dramatic changes usually occur within just a few months: for example, since its inception in August 2005, EMRI has saved 13,500 lives and today covers a population of 80 million. About Satyam Satyam (NYSE:SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in a wide variety of industries with its presence in 61 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* 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* clients, of which 165 are US or Global Fortune 500 Corporations. The Company's revenue touched $1.45 billion in FY 2007, and is well poised to cross $2 billion by FY 2008. For more information, see http://www.satyam.com/. *As of June 30, 2007 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: India: Geeta Fadnavis, + 91-040-23220067, , US: Siobhan Aalders, +1-212-880-5341, +1-347-387-0733, , Europe: Clare Gibbins, +44-20-7309 1037, , or Asia-Pacific: Simon Murphy, +61 (02) 8281 3826, , all for Satyam; or for clarifications, write to Web site: http://www.satyam.com/

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