Partnership to offer one-stop-shop supply chain solutions
To focus on Asia, Pacific and Africa regions immediately
Dubai, UAE - Satyam Computer Services Ltd. (NYSE:SAY), a global IT consulting and services provider, and Miebach Logistics Group, today announced a services and technology collaboration to offer supply chain solutions covering strategy, process, engineering and technology to customers in the region across industry sectors.
The alliance will address the logistics requirements in various industry verticals including retail and consumer packaged goods, manufacturing, automotive and logistics services providers. This alliance, which has evolved over the past one year, comes as a strong consulting option for companies, particularly those with operations in the key Asian regions. The growing importance of the Middle East and South East Asia, with its strategic position in terms of geography and inherent strengths as a hub for international trade, presents significant potential for businesses assisting clients in developing world-class supply chain strategies and solutions, consulting and IT solutions deployment.
Ajith Menon, Vice President and Head of Satyam's Middle East, Africa & Central Asia Operations said: "Dubai is the world's third largest port for re-exports after Hong Kong and Singapore, and last year total exports from the emirate were valued at about $12 billion. By aligning with Miebach, a leading logistics consultancy, we believe we can offer our customers an integrated platform for their needs. As a result, companies can regain control of their distribution channels and ensure significant inventory reduction and customer service level improvements by at least 20 per cent."
Miebach is a leader in the niche logistics design and engineering space, particularly in the warehousing and material flow related processes. Satyam brings the logistics application expertise and the user domain perspective to the alliance.
Commenting on this relationship, G. B. Prabhat, Director, Consulting and Enterprise Solutions (CES) unit, Satyam, said: "Miebach Logistics, has, over the years, consistently provided cutting edge logistics consulting and engineering solutions to leading names from various industries. We are delighted to partner with Miebach Logistics, and its team of transnational supply chain consultants. I believe this alliance will go a long way in bringing mature logistics practices to emerging markets and Asia particularly".
According to Dr. Joachim Miebach, Chairman of the Advisory Board of Miebach Logistik Holding: "Satyam with its strong combination of logistics applications and supply chain domain expertise brings great value as a partner to complement our strengths. We are extremely happy to have increased our global services capability by partnering with Satyam. This alliance could bring a greater combined value add to our clients now than when we were operating as two independent entities."
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About Satyam Computer Services Limited
Satyam Computer Services Ltd. (NYSE: SAY) is a global IT Consulting and Services Provider, offering a range of expertise aimed at helping customers re-engineer and re-invent their businesses to compete successfully in an ever-changing marketplace. Over 22,000* highly-skilled professionals in Satyam work onsite, offsite, offshore and nearshore, to provide customized IT solutions for companies in several industry sectors. Satyam's ideas and products have resulted in technology-intensive transformations that have met the most stringent international quality standards. Satyam Development Centers in India, the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, China, Japan and Australia serve 429* global companies, of which 149* are Fortune Global 500 and Fortune US 500 corporations. Satyam's presence spans 53 countries, across six continents.
*As of September 30, 2005
About Miebach
Miebach Logistics Group, founded in 1973 in Frankfurt, Germany by Dr. Joachim Miebach, is an organization offering end to end Supply Chain Consulting. Today, Miebach Logistics Group is one of the largest transnational supply chain consultants with 15 offices worldwide. Miebach has a wealth of successful end-to-end engagements and projects in the areas of Logistics Strategy, Logistics Engineering, Logistics IT and Logistics People & Operations.
Since inception, many leading multinational companies as well local majors in Europe and Asia have worked with Miebach, gaining benefits from guaranteed quality of work and world-wide experience. Miebach sees its role as a facilitator between State-of-Art technologies and the industry. Miebach has been active in Asia through its operations in India, Malaysia, Indonesia, Philippines, Singapore, Thailand and Vietnam.
For more information, please visit www.miebach.com
Safe HarborThis 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 6K concerning the fiscal quarter ended September 30, 2005 furnished to the United States Securities Exchange Commission on October 27, 2005 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at www.sec.gov
For more information, contact:
Shilpa Mathai
Polaris Public Relations
Dubai, UAE
Tel: +9714-3344404
Fax: +9714-3341326
Email: s.mathai@polaris-me.com
E-mail: Corporate_Communications@Satyam.com
Lina ZainAldin
Polaris Public Relations
Dubai, UAE
Tel: +9714-3344404
Fax: +9714-3341326
Email: l.zainaldin@polaris-me.com
E-mail: Corporate_Communications@Satyam.com
© Press Release 2005
