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Patni wins industry’s first
Smart Workplace Award |
Awards recognize companies utilizing best practices to enhance
employee productivity |
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Mumbai, August 6, 2008: Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that it has won the Economic Times’ first ‘Smart Workplace Award 2008’, organised in association with Intel and Acer. With over 550 companies across India competing for the award, Patni emerged as one of the 20 winners, demonstrating its commitment to empower employees through the use of technology to abet productivity. Patni was recognized for its best technology and HR practices, after a rigorous evaluation process of on-ground visits, stringent process validation and a final assessment by the esteemed jury.
Commenting on this recognition, Rajesh Padmanabhan, EVP & Global HR Head, Patni said, “We are honoured to receive this award as it recognizes our continued focus and innovative approach towards empowering employees. A smart workplace should leverage employee initiatives to enhance work-life quality, stimulate creativity, and augment efficiency. At Patni, we believe that HR initiatives coupled with the right technology platform, plays a major role in boosting employee productivity”.
Patni belongs to an elite list of winners across India, spanning a diverse range of industries, who have demonstrated their commitment to employee development. The jury comprised eminent personalities from PriceWaterhouseCoopers, The Times Group, industry experts from various organizations and other independent members from various fields. The categories of awards are based on the size of the organisation (small, medium and large) and verticals such as financial services, professional services, industrial markets, consumer markets, infrastructure, and information-communication and entertainment.
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 caters to its clients through its industry-focused practices, including insurance, financial services, manufacturing, life sciences, telecommunications and media & entertainment, and its technology-focused practices.
With an employee strength of over 15,000; multiple global delivery centres spread across 11 cities worldwide; 22 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 663 million for the year 2007.
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 client's 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) organization, 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.
For more information on Patni, visit www.patni.com
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 unauthorized 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.
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