Tech Mahindra Honored with Frost & Sullivan’s 2008 Growth Excellence Award

Receives Coveted Award Amidst Stiff Competition

Tech Mahindra Limited a global systems integrator and leading provider of IT solutions to the telecom industry has been conferred the 2008 Frost & Sullivan Growth Excellence Award. The Award recognizes companies which have demonstrated significant excellence in growth leadership and consistently outperformed their competition by demonstrating higher than industry growth over the past few years.

Tech Mahindra has been considered for the Excellence in Growth Award for showing continuous high growth rates in revenues and profitability.TechM has also implemented innovative strategies in the process which have had a significant impact on the industry and exhibits thought leadership.

Frost & Sullivan presents awards for excellence in growth, research and innovation, innovation and leadership to Asian companies that have excelled in social impact, profit margins, stock price, overall market growth and penetration, growth in market share, and overall industry impact. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

Expressing his opinion on Tech Mahindra receiving the award, Mr.Manoj Menon, Partner and Asia-Pacific M.D at Frost & Sullivan said, “Frost &Sullivan is delighted to bestow the 2008 Excellence in Growth Award to Tech Mahindra in recognition of the company’s ability to garner a highly competitive position in the market. Tech Mahindra has been able to maintain a phenomenal growth momentum by differentiating itself from its competitors and providing world class quality services to its customers in a fiercely competitive telecom market.”

CP Gurnani, President, International Operations, Tech Mahindra said, “I am pleased to accept this award on behalf of Tech Mahindra. Over the years we have emerged as one of the leading IT solution providers to the telecom industry. Our company has been recognized in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as technological innovation, customer service, and strategic product development. We stand committed to the growth of the IT industry”.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company’s TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. http://www.frost.com.

About Tech Mahindra

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry, majority stake owned by Mahindra & Mahindra Limited, in partnership with British Telecommunications plc. With total revenues of $934 Million in the year ended March 31, 2008, Tech Mahindra is India’s 6th largest software exporter, and serves telecom service providers, equipment manufacturers, software vendors and systems integrators. Tech Mahindra achieves this through its domain and process expertise, distinctive IT skills, research and development, proven innovative delivery models and approach to off shoring.

Assessed at SEI-CMMi Level 5 and PCMM Level 5,Tech Mahindra’s track record for value-delivery is supported by over 24000 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets. Its development centers are ISO 9001:2000 & BS7799 certified. Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Malaysia, Philippines, Canada & Australia.http://www.techmahindra.com.

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Vikas Sahni,
Sampark PR,
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vikas {at} sampark(.)com