Patni Launches LegacyX Solution Framework

MUMBAI/ LONDON/ LAS VEGAS, NV, May 22, 2006 - Today at the ACORD LOMA Insurance Systems Forum, Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) announced the launch of LegacyX (tm), a new solution framework aimed at helping insurers develop and implement their legacy renewal strategy. The LegacyX (tm) framework is available now to companies in all insurance sectors.

The LegacyX (tm) solution framework is a comprehensive suite of time-tested methodologies, tools, templates and best practices that provide insurers a low-risk and proven approach to modernizing their legacy environments. While technical architecture, functionality, and scalability requirements vary by company, it is alignment with the overall business strategy that makes the LegacyX(tm) framework unique and valuable to Patni clients.

The three main components of the LegacyX (tm)framework are:

	Guidelines and Methodology - Outline a 'right path' towards assessing a client's current state and defining the ideal future state for their IT environment based on business goals.
	Tools and Templates - Provide the means for adhering to the project guidelines and methodology.
	Reference Architecture - A model to achieve the ideal future state with components such as automation, workflow, integration, ACORD-compliant data exchange and storage.

The insurance industry relies on mainframe-based data and systems more acutely than other industries, making this the ideal time for the introduction of Patni's LegacyX. In fact, according to a recent report from Forrester Research, out of 150 North American and European insurers surveyed, 50% are going to embark on major legacy renewal initiative in 2006-2007.

"A common theme in our discussion with insurance CIOs is their increased interest in a legacy modernization strategy," said Bill Budde, senior vice president and head of the Insurance business unit at Patni. "LegacyX (tm) provides insurance carriers with a pragmatic path towards renewal of their legacy environment, to keep in step with the realities of the modern insurance business."

The LegacyX (tm) framework aims to enable insurers to achieve key business objectives such as:

	Reduce IT portfolio total cost of ownership
	Streamline time and cost of legacy business processes
	Shorten lead time to respond to market challenges
	Enable faster new product introduction
	Increase competitiveness and ability to react to market changes
	Improve customer service and enable self-service
	Improve scalability
	Enhance channel business integration
	Instill IT and process discipline
	Enable location independence
	Improve data quality and business intelligence.

About Patni:
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global IT Services provider servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, manufacturing, financial services, telecommunications, and its technology-focused practices.

With an employee strength of over 12,000 and multiple offshore development facilities across eight cities; Patni has 23 international offices across the Americas, Europe and Asia- Pacific. Patni has registered revenues of US$ 450 million for the year 2005.

Patni's service offerings include application development, application maintenance and support, packaged software implementation, infrastructure management services, product engineering services, business process outsourcing and quality assurance 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 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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