Patni seeks 'FORESIGHT' in the next generation

Mumbai, March 08, 2007 - Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT consulting and services company today announced the winners of their whitepaper contest "FORESIGHT" for students of management institutes in India. The cash prize of Rs. 25,000 was received by Abesh Chatterjee and Abhishek Gaurav from NITIE for a project on Imperatives of Global Outsourcing.

The second and third prize of Rs. 15,000 and Rs. 10,000 was awarded to students of IIM (I) and IIM (L) respectively. Open to students from across the country, the contest was judged on subject knowledge, thought leadership, practicality and originality as well as cogency and coherence of thoughts. The top ten entries were given the opportunity to travel to Mumbai and present their papers to Patni's management team.

Announcing the results of the contest, Ms. Kalpana Jaishankar, VP - People Development & HR Operations at Patni said, "FORESIGHT offers an excellent opportunity for students to present fresh, thought provoking perspectives on the challenges, issues, and opportunities faced by Indian IT services companies, and strategies that need to be adopted to succeed in a global environment. This contest also helps us to directly interact with students in colleges today, giving an insight into their understanding of the industry. All ten finalists portrayed the FORESIGHT we sought and after much deliberation we selected the top three".

FORESIGHT sought whitepapers on three subjects: 'Imperatives for Global Sourcing'; 'Mergers & Acquisitions for Global Delivery of Services: Opportunities & Challenges for Indian IT Companies'; and 'From a low-cost service provider to a partner in Business Transformation: Influencing the shift in perception about Indian IT Companies'. Patni received 130 registrations for this contest from institutes like IIM (A), IIM (B), IIM (C), IIM (K), School of Management (IIT, Mumbai), NMIMS, FMS, NITIE and TISS.

NITIE students Abhishek Gaurav and Abesh Chatterjee, the winners of the contest said, "It was an enriching experience for all of us since we got an opportunity to apply our learnings to address issues in the current business scenario. FORESIGHT is a great platform through which we could not only understand the challenges that the IT industry is facing but also learn from and interact with other fellow B-School students."

Patni organized a similar contest for engineering students in Gujarat last year, in which more than 150 students from over 50 engineering colleges wrote whitepapers on topics spanning 'Networking', 'Software Testing', 'IT and Social Values' to 'Bio-informatics'.

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, telecommunications and media, and its technology-focused practices.

With an employee strength of over 12,000; multiple global development centres spread across 12 cities worldwide; 21 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 579 million for the year 2006.

Patni's service offerings include application development and maintenance, enterprise application solutions, product engineering services, infrastructure management 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 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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