Satyam Becomes Official Information Technology Services Provider to the 2010 and 2014 FIFA World Cups(TM)
November 24 2007 - 6:00AM
PR Newswire (US)
Company to sponsor world's biggest sporting event DURBAN, South
Africa, Nov. 24 /PRNewswire-FirstCall/ -- Satyam Computer Services
Ltd. (NYSE:SAY), a leading global consulting and information
technology services provider, announced today that it signed up as
FIFA World Cup Sponsor and Official Information Technology (IT)
Services Provider to the FIFA World Cup. The relationship covers
two event cycles -- the 2010 FIFA World Cup in South Africa and the
2014 edition in Brazil -- and each cycle includes the FIFA
Confederation Cup tournament. Satyam is one of four FIFA World Cup
sponsors announced for the 2010 event and is the sponsor in the IT
services category. "Our sponsorship recognizes the sport's
universal appeal and its tradition of skill, speed, competitiveness
and teamwork -- attributes that reflect Satyam's own qualities."
said B. Ramalinga Raju, chairman and founder of Satyam. "Over the
last two decades Satyam has become an established global company
and this sponsorship will serve to further increase Satyam's global
expansion and accelerate its growth," he added. "I am very proud
that Satyam has chosen the FIFA World Cup for this historic move.
Satyam's commitment is a testimony to the immense appeal of FIFA as
a superior marketing platform for transporting a brand far and wide
around the world. It is a big advantage for all those involved in
the events to have such an experienced IT service partner on
board," said FIFA President, Joseph S. Blatter, who added: "We look
forward to working with such a dedicated partner who shares our
ideals and mission to use football as a tool to develop the game,
touch the world and to build a better future." Each FIFA World Cup
is the culmination of a two and a half year preliminary competition
involving approximately 200 national teams. The 2006 FIFA World Cup
broadcast more than 76,000 hours of coverage over 376 channels
worldwide, cumulatively reaching more than 26 billion viewers --
more than any other sports event in the world. "This sponsorship
represents a long-term, strategic investment by Satyam in its brand
and significantly strengthens Satyam's ability to reach markets
across the globe and demonstrate our leading-edge technologies and
practices," said Hari Thalapalli, head of global marketing and
communications for Satyam. As the Official IT Services Provider to
the 2010 and 2014 FIFA World Cups, Satyam, which already enjoys a
business relationship with FIFA, will play a crucial role in
developing the core IT event management system for FIFA and its
Service Partner for IT, Accommodation and Hospitality -- MATCH AG,
as well as Local Organizing Committees during the next seven years.
With a presence in more than 57 countries, Satyam can fully
leverage its global expertise and therefore enable FIFA not only to
deliver world-class events but also focus on generating a
long-lasting legacy for the host countries through hiring and
educating local event staff. "We are pleased with the confidence
that FIFA has placed in Satyam to deliver key, mission-critical
business and technology services to the world's foremost sporting
event," Thalapalli continued. The sponsorship also builds on
Satyam's fast-growing presence in South Africa and across the
region. Satyam's business in South Africa doubled this past year,
and the company will soon be opening offices in Ghana and Kenya.
Satyam is a significant investor in South Africa and leads a skills
development initiative for South Africans under the Joint
Initiative for Priority Skills Acquisition (JIPSA) program.
Currently, more than 80 South African students are enrolled in a
year-long technical training program at the company's campus in
Hyderabad, India. "Our involvement with Satyam has proven very
strategic. We are encouraged by the shared vision between Satyam
and the Republic of South Africa to invest in the people of South
Africa," said Her Excellency Ms. Phumzile Mlambo- Ngcuka, Deputy
President of the Republic of South Africa. "This kind of
partnership is one we wish to have with even more companies wishing
to do successful business in South Africa. Satyam have realized
that to lead, they have to invest in the most valuable resource:
human resource. We congratulate Satyam on being named Official IT
Services Provider to the FIFA World Cup and we are confident that
Satyam will help deliver the games to the world," Her Excellency
added. To keep updated on the FIFA World Cup please visit the
official website http://www.fifa.com/. About Satyam 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*
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, including one-third of the US Fortune
500. For more information, see http://www.satyam.com/. *As of June
30, 2007 About FIFA For more than 100 years, the Federation
Internationale de Football Association, founded on 21 May 1904 in
Paris and better known as FIFA, has continued to provide the
essential leadership role to the international football family.
Headquartered in Zurich, Switzerland, the eighth FIFA President,
Joseph S. Blatter guides the organisation today with a commitment
to the evolution of FIFA as a modern and dynamic association. The
basis of the world's football family is formed by FIFA's members.
From the founding seven, the family has today grown to 208
affiliated football associations, also organised into six
confederations spanning the globe. FIFA's worldwide activities go
well beyond its various competitions, such as the world's biggest
single-sport event, the FIFA World Cup(TM). In football development
projects such as the FIFA GOAL Programme as well as in corporate
social responsibility activities (including the Football for Hope
movement to support through football social and human development)
FIFA makes material, financial and promotional contributions to
develop the game and make the world a better place. For the Game.
For the World. To find out more about FIFA and its initiatives
please check out http://www.fifa.com/. Satyam Contacts For
clarifications, write to us at Or contact our global PR
representatives at: India Geeta Fadnavis +91 040 23220067 US
Siobhan Aalders +1 212 880 5341, +1 347 387 0733 UK Clare Gibbins
+44 20 7309 1037 Continental Europe Helmut Weissenbach +49 89550
67770 Asia-Pacific Reshma Wad Jain, +65 6737 4844, +65 981 40507
Simon Murphy, +61 (02) 8281 3826 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 June 30, 2006, furnished to
the United States Securities Exchange Commission on July 28, 2006
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: For Satyam, , or Global PR Representatives for Satyam:
India, Geeta Fadnavis, +91-040-23220067 ; or US, Siobhan Aalders,
+1-212-880-5341, +1-347-387-0733, ; or UK, Clare Gibbins,
+44-20-7309-1037, ; or Continental Europe, Helmut Weissenbach
+49-89550-67770, ; or Asia-Pacific, Reshma Wad Jain, +65-6737-4844,
+65-981-40507, , or Simon Murphy, , +61-(02)-8281 3826 Web site:
http://www.satyam.com/ http://www.fifa.com/
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