NIIT Technologies Integrates Osprey, Drops Independent Branding


Re-Branding Initiative Integrates SAP Division into Global Organizational Structure

ATLANTA, Aug. 3 / -- NIIT Technologies Inc., and its parent company NITT Technologies Limited, a global IT service provider, announced today the complete integration of its SAP division, Osprey, into the company's global organizational structure. The SAP division (formerly Osprey), based at NITT Technologies Inc.'s US headquarters in Atlanta, will now operate under the brand name of 'NIIT Technologies.'

Osprey was an independent SAP strategic consulting firm focused on the manufacturing SMB market with the aim of providing reliable, high value services in implementing, maintaining and managing enterprise applications for customers in the ERP segment, when acquired by NIIT Technologies.

"Re-branding Osprey as 'NIIT Technologies' and relocating its headquarters to Atlanta tightens the alignment and integration between our SAP team and the rest of our global organization, thereby providing more breadth and scale to our customers," said Mr. Lalit Dhingra, President, NIIT Technologies Inc, USA.

New Delhi-based NIIT Technologies Limited recently announced its first quarter results for the quarter ended June 30, 2007, showing consolidated revenues of Rs. 229.4 crore, representing a growth of 20% over the same period last year.

About NIIT Technologies

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Japan, Asia and Australia. It offers services in Application Development and Maintenance; Enterprise Solutions including Managed Services (e.g. service desks or operations management); and Business Process Management to organizations in the Financial Services, Transportation, Government, Retail, Manufacturing and Government sectors.

NIIT Technologies follows global standards of development which include ISO 9001:2000 certification, assessment at Level 5 of both SEI-CMMi and People-CMM frameworks and BS 7799 information security management certification. NIIT Technologies' Thailand operations are assessed at the international BS15000 IT management standards. NIIT Technologies' subsidiaries, NIIT Smart Serve Limited and NIIT GIS Limited, offer Business Process Management and GIS Solutions respectively. For further information please visit www.niit-tech.com

Source: NIIT Technologies Inc.

CONTACT:
Ria Mukherjee of NIIT Technologies Ltd
+91 99100 34092
ria.mukherjee@niit-tech.com
or
Jyotsna Nanda of Brodeur India
+91 98104 99625
jnanda@brodeurindia.com

Web site: www.niit-tech.com/

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