Sify Enables Online Recruitment Examinations For IBPS; 867 Officers of Indian Overseas Bank Complete Promotion Exams from Sify iWays

Sify's online examination engine -- iTest, facilitated the Scale Ito scale II promotion examination for 867 officers of Indian OverseasBank through IBPS. The examination was conducted simultaneously from123 Sify iWays across 47 cities.

According to Prof. V K Chilana, IBPS, "Conducting onlineexaminations has helped IBPS in reducing turn around times while alsoopening up an additional mode of delivery for us. With this service,we are able to meet the requirements of our member organizations andclients faster and offer instant evaluation as opposed to the manualmode. The success of this initiative has given us the confidence tooffer online testing services on a larger scale in future."

Mr Dipan Bhattacharyya, Senior Vice President, EnterpriseSolutions, Sify Ltd., said, "As pioneers in the deployment of onlineexaminations, Sify provides value to clients, not only in terms of thespeed, accuracy and reliability of its application, but also by itstremendous reach made possible by its 3300 iWays across 153 cities inthe country. Combining our technological expertise with the Sify iWayservice excellence, we make the whole online examination process quitesimple, both for the candidates as also for the companies availing ofthe service."

Companies increasingly prefer the online examination model fortheir recruitment needs because of the significant cost saving onrecruitment and administration. Also this model offers them totalflexibility and the convenience of remote management therebyeliminating logistical issues. Sify's clientele for onlineexaminations include the Indian Institute of Banking & Finance (IIBF),Punjab & Maharashtra Cooperative Bank (PMC) and several BPOs.

About Sify Limited:

Sify is among the largest Internet, network and e-Commerceservices companies in India, offering end-to-end solutions with acomprehensive range of products delivered over a common Internetbackbone infrastructure. This Internet backbone reaches 171 cities andtowns in India. A significant part of the company's revenue is derivedfrom Corporate Services, which include corporate connectivity, networkand communications solutions, security, network management servicesand hosting. A host of blue chip customers use Sify's corporateservice offerings. Consumer services include broadband home access,dial up connectivity and the iWay cyber cafe chain across 153 citiesand towns. The company's network services, data center operations andcustomer relationship management are accredited ISO 9001:2000.

For more information about Sify, visit www.sifycorp.com.

Forward Looking Statements:

This press release contains forward-looking statements within themeaning of Section 27A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934, as amended. Theforward-looking statements contained herein are subject to risks anduncertainties that could cause actual results to differ materiallyfrom those reflected in the forward-looking statements. Sifyundertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify's business,please see the discussion under the caption "Risks Related to OurBusiness" in the company's report on Form 6-K for the quarter endedDecember 31, 2005 which has been filed with the United StatesSecurities and Exchange Commission and is available by accessing thedatabase maintained by the SEC at www.sec.gov.