Satyam and GigaSpaces Partner to Provide Complete SOA and Grid Solutions
6/29/2006

Hyderabad - Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services company, announced today that it has formed an alliance with GigaSpaces Technologies. The organizations will join forces to provide end-to-end solutions for service-oriented architecture and grid environments.

Specifically, GigaSpaces will provide innovative software, while Satyam will deliver leading implementation and IT services expertise in its partner's software products. The results will include low latency, scalable solutions that will be especially useful for companies that rely on high-volume transactional applications.

The alliance is a natural fit for both organizations. Two years ago, Satyam became one of the first companies in the world to invest in a dedicated Grid Computing practice. As such, it already features a highly trained team with broad and deep expertise in this discipline, and unmatched familiarity with GigaSpaces' technologies.

Additionally, Satyam is establishing a center of excellence dedicated to grid technology. Based out of Chennai, India, the Cente of Excellence will provide professional services and develop proof -of-concepts for the customers.

"Satyam has a vast pool of resources, plus substantial experience and expertise in numerous vertical industries," said Geva Perry, executive vice president of business development at GigaSpaces. "This partnership will enhance our capacity to handle large, resource intensive projects smoothly. At the same time, it will enable us to respond more effectively to significant and growing demand."

"Increasingly, organizations in financial services, telecommunications, and other industries need applications that can address high-throughput, high-performance transactions with a scalable architecture," said, G.B.Prabhat, director, Consulting and Enterprise Solutions, Satyam. "GigaSpaces provides the infrastructure software that enables rapid construction of such applications, reducing time to market and cost. And, at Satyam, we help companies optimize the performance of these applications, to ensure that clients receive the utmost return on their technology investments."

About Satyam Computer Services
Satyam Computer Services Ltd. (NYSE: SAY) is a global IT consulting and services provider, offering a range of expertise aimed at helping 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 IT 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.

About GigaSpaces
GigaSpaces provides innovative, high-performance infrastructure software solutions that deliver unparalleled dynamic scalability for high-volume transactional applications, without the overhead and complexity inherent in traditional multi-tier development and deployment environments.
Its award-winning solutions have been adopted across multiple vertical industries and are used by companies such as Societe Generale, Nortel, Hutchison 3G, Virgin Mobile, FXall and others for mission-critical applications, where the need for extreme performance, reliability and scalability necessitates an alternative to traditional tier-based architectures.
GigaSpaces was founded in 2000 and has offices in New York, London and Israel, it is a privately held company, funded by BRM Capital, Formula Vision and Intel Capital. GigaSpaces is an affiliated company of the Formula Group (NASDAQ: FORTY), Israel's largest publicly held IT group.
For more information, please visit http://www.gigaspaces.com

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Editorial Contact:
Alit Bar Sadeh
GigaSpaces Technologies
Tel: (646) 421 2830
Email: alit@gigaspaces.com




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