Satyam Launches Search for New CEO and CFO
January 14 2009 - 12:49PM
PR Newswire (US)
HYDERABAD, India, Jan. 14 /PRNewswire-FirstCall/ -- Satyam Computer
Services Ltd. (NYSE:SAY) announced today that its Board of
Directors has launched a search to identify candidates for the
positions of Chief Executive Officer and Chief Financial Officer of
Satyam in order to fill the vacancies resulting from the
resignations of Rama Raju, Satyam's former Chief Executive Officer,
and Srinivas Vadlamani, Satyam's former Chief Financial Officer.
About Satyam Satyam (NYSE:SAY), a leading global business and
information technology services company, delivers consulting,
systems integration, and outsourcing solutions to clients in
numerous industries across the globe. 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 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 clients, including Fortune
500. For more information, see http://www.satyam.com/. 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 September 30, 2008,
furnished to the Securities and Exchange Commission on November 7,
2008, and the other reports filed with the Securities and Exchange
Commission from time to time. These filings are available at
http://www.sec.gov/. DATASOURCE: Satyam Computer Services Ltd.
CONTACT: India, Deepa Jayaraman, +91-981-980-8681, ; US, Melissa
Baratta, +1-212-679-3300, ext. 118, ; Europe, Sandeep Thawani,
+44-783-010-3838, ; or Asia-Pacific, Dan Bleakman, +61-439-408-484,
or Reshma Wad Jain, +65-98-140-507, , all of Satyam Computer
Services Ltd. Web Site: http://www.satyam.com/
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