Satyam Computer Services Ltd

Satyam Computer Services Ltd on September 27, 2007, has announced that the launch of a new solutions center in Brisbane's Central Business District. The facility will support Queensland-based clients across various IT platforms with an emphasis on enterprise application-based solutions. The facility reflects the Company's commitment to the Australian market (the Company has development centers in Melbourne and recently launched a regional solutions hub in North Sydney adding up to over 7,500 square meters) as well as its continuous efforts to bolster its Virtual Global Delivery Model.

B. Rama Raju, the Company's co-founder and managing director, officially opened the new facility at a ceremony attended by several senior Satyam clients, and officiated by Anita Nayar, India’s Consul General.

"Satyam is already well established in Australia and today's announcement reinforces our ongoing commitment to collaborating with customers-wherever they need us-to transform their organizations," Raju said. "The Brisbane facility will generate world class ICT solutions and offer the same expertise and project management capabilities as our other solution centers across the globe. Moreover, it will enable Satyam to meet specific regional requirements of our Queensland-based clients and help them excel in a competitive national business environment. It clearly demonstrates our willingness to adjust our delivery models to align with our customers needs."

The Brisbane development center will serve local government, finance, and insurance clients, while addressing other sectors, including mining. In addition, a significant proportion of Satyam's Australian development will also take place at the new facility, primarily the development of future enterprise applications for both Australian and multinational clients. The center currently employs 40 professionals and expects to employ another 50 professionals in the near future.

Today, the Company has a diverse workforce of over 1200 associates serving Australia out of which over 800 are based in Australia. The Company has laid major emphasis on local employment generation and today over 42% of associates in Australia are local nationals. Apart from hiring experienced local professionals the Company is working closely with Australian Computer Society (ACS) to foster interest back in IT amongst Australian youth. Towards this initiative the Company has offered scholarships to about 100 associates; many of the university students are already enjoying the benefits of this scholarship and are currently getting trained in India to the same exact standards and training that the Company's Indian engineers go through in the Company's campuses. These young graduates after their training will come and form part of Satyam's Australia’s team. Some of these engineers who attended training in India last year are already working with its clients in Australia.