Global IT leader to showcase Strategic Outsourcing solutions at Arab Outsourcing Conference 2010

Dubai: April 25, 2010: Patni Computer Systems, a leading global provider of Information Technology services and business solutions, is targeting the growing demand for IT driven strategic outsourcing solutions in the Middle East - where IT spend is forecast to top US $40 billion in 2010.

Patni Computer Systems, which has a strong presence in the Middle East, including an office in the UAE, will highlight its comprehensive suite of strategic business process outsourcing (BPO) and knowledge process outsourcing (KPO) services, at the Arab Outsourcing Conference 2010.  The conference opens at the Jumeirah Beach Hotel, Dubai, on Monday, April 26.

Derek Kemp, President, EMEA, Patni Computer Systems said: "Cloud computing is set to add $800 billion in net new business between 2010 and 2014 globally. We believe the Middle East has the potential to be at the forefront of this growth, as more and more companies seek to streamline operations, reduce costs and enhance business efficiencies through global sourcing.

"Our strategic outsourcing solutions have helped organizations worldwide to reduce cost and scale up operations, while focusing on their core competencies, and we see great potential for our services in this region.

"Our suite of CIS and BPO services is a natural extension of our service offerings. Our CIS and BPO services are built on a foundation of process and domain expertise, and are enabled by innovative technologies," he added.

Kemp, who will be participating in a discussion panel at the event - 'Outsourcing: Opportunities and Challenges for Organizations in the Middle East' - on the first day of the conference, says there are many strategic and tactical benefits that can be derived from a well thought-out outsourcing or offshoring decision, other than cost savings.

"Benefits can range from the tactical, such as rapid scaling for short-term, high-volume tasks, to strategic reaching out to new customer segments, including tapping low-margin high-volume customer segments, penetrating new geographies, leveraging new channels, and converting fixed cost to variable cost.

"Global sourcing decisions can also help companies rapidly adapt to market forces, by covering for skills shortages and enabling the quick adoption of technology and connectivity advancements," Kemp added.

Patni is a Gold sponsor of the Arab Outsourcing Conference 2010, which runs until Tuesday April 27.

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About Patni
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni services its clients through its industry-focused practices, including banking and financial services (BFS); Insurance and Healthcare; manufacturing, retail and distribution (MRD); life sciences; communications, media and utilities (CMU), and its technology-focused practices. 

With an employee strength of over 14,500; multiple global delivery centres spread across 12 cities worldwide; 27 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 719 million for the year 2008.

Patni's service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.

Committed to quality, Patni adds value to its clients' businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) organisation, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.

Patni leverages its vast experience spanning three decades; deep domain expertise; full-spectrum services; and suites of IP-led solutions, methodologies and frameworks; in being an effective business transformation partner to its clients.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.  The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorised use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

For further information, contact: 
Jeremy Mackinlay
Patni Computer Systems
T: +44 7979 308 582
jeremy.mackinlay@patni.com

Crawford Warnock/Alexandra Bell
Citigate Dewe Rogerson
T: +44 (0) 20 7638 9571
Patni@citigatedr.co.uk

© Press Release 2010