17.07.2006 16:22:00
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Satyam Grows Consulting Capability in Media and Entertainment Sector
HYDERABAD, India, July 17 /PRNewswire-FirstCall/ -- Satyam, a leading global consulting and IT services company, has recruited the executive management team of The Publishing Practice, Ltd. (TPP), a specialist UK consultancy in the media and entertainment industry, to spearhead the development of a new Consulting Group for its global Media and Entertainment practice. The move will enable Satyam to combine an in-depth knowledge and understanding of the publishing business with the technical breadth and scale of Satyam's billion-dollar global services organization.
TPP's experienced consultancy group -- including Mike Abell, Sharon Duckworth and Stephen Ryden-Lloyd -- will join Satyam's global Media and Entertainment practice to provide strategic consulting services and project-based delivery work for the publishing, online, broadcast, music and related industries. The new group's consultancy services will complement Satyam's existing application delivery-based services to include new digital and online consulting -- ranging across content acquisition, publishing, production and supply chain.
Satyam and TPP have already established a successful track record working with customers on joint projects, since they formed an alliance in 2005. TPP's customers include Blackwell, Elsevier, Financial Times, Harcourt Education, LexisNexis, London Business School, Reed Business Information and Sweet & Maxwell.
Kevin English, senior vice president of Satyam's global media and entertainment practice, said, "We believe that the in-depth industry knowledge that Satyam acquire with the new addition of this senior consulting team will provide a real competitive advantage for us in our media and entertainment business -- both here in Europe and in the U.S. The initial reaction from our customers has been most encouraging."
Mike Abell, co-founder and director of The Publishing Practice, commented, "In an environment in which media companies are challenged to deliver more through ever more diverse and complex channels of communication, the new Satyam Media and Entertainment group will be able to provide a very cost-effective solution in end-to-end programmes of work, from consulting, through delivery to an extensive support and maintenance capability."
About Satyam Computer Services
Satyam Computer Services Ltd. is a leading global consulting and information technology services company. Satyam provides a comprehensive scope of services to help customers reengineer and reinvent their businesses to compete successfully in an ever-changing marketplace. More than 28,000* highly skilled professionals in Satyam work onsite, offsite, offshore, and nearshore to provide customized business solutions for companies in several industries. Satyam's ideas and products have resulted in technology-intensive transformations that have met the most stringent international quality standards. Satyam has Development Centers in the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, India, China, Japan, and Australia. These centers serve 469* global companies, of which 156* are Fortune Global 500 and Fortune US 500 corporations. Satyam's presence spans 53 countries, across six continents.
* As of March 31, 2006 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 20 - F concerning the fiscal year ended March 31, 2006, furnished to the United States Securities Exchange Commission on April 28, 2006 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov/.
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