Mumbai, India, January 11, 2012: Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities today announced the operational readiness of their Undersea Cable Landing Station in Mumbai.
Speaking on the occasion, Mr. Raju Vegesna, CEO and Managing Director, Sify Technologies, said,“Sify is being increasingly recognised as a leading integrated ICT (Information & Communication Technology) company and this cable landing station is an important milestone in our journey. We now look forward to partnering telecom service providers and playing a larger active role in the communication revolution that is unfolding in the Asia Pacific region, Middle East andAfrica. With capacity to land additional submarine cable systems, this connectivity will open a larger market for our industry-leading Managed Enterprise and Data Centre Services in the Middle Eastern market.
With the opening of this landing station, Gulf Bridge International (GBI) becomes the first to land their sub-sea cable system in the Sify Landing Station. This cable system will provide telecom operators and communications companies, both in India and across the globe greater choice and resilience. With a capacity of up to 10 terabits per second on certain cable sections, this system is designed to accommodate the rapid growth in voice and rich media traffic (internet, telephony and video) originating from and terminating in theMiddle Eastas well as the African and European markets.
Commenting on today’s milestone, Mr. Ahmed Mekky, Board Member and CEO of Gulf Bridge International, said, “We would like to congratulate Sify on the successful opening of this cable landing station. We forecast a significant increase in the demand for international bandwidth between the Middle East andAsia, driven by the favourable demographics and increasing economic strength in both regions. This landing station and the GBI cable will become the leading gateway between these markets.”
About Sify Technologies
Sify is among the largest Managed Enterprise, Network and IT Services companies inIndia, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 667 cities and towns inIndia.
A significant part of the company’s revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications, voice and hosting. Sify is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 – 1:2005 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also established a credible reputation in the emerging Cloud Computing market and is today regarded as a thought leader in the domain. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and also offers VoIP back haul to long distance subscriber telephony services. The company isIndia’s first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.
Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services.
Sify Software was established with the cumulative experience gained over the last decade in Infrastructure Management, Data centre Operations and the business of Connectivity. It aims to be a solutions company that provides applications and services to improve business efficiencies of its current clients and prospect client bases.
Commercial & Consumer services include broadband home access and the ePort cyber café chain across more than 243 cities and towns inIndia. Very recently, Sify also introduced a whole host of services for the retail consumer on the Consumer cloud platform, thereby becoming among the first to do so inIndia. Today, the scope of the Commercial and Consumer services has been broadened to target the SMB/SOHO markets. The consumer services also operate two of the most popular portals inIndia, Sify.com and Samachar.com.
For more information about Sify, visit www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2011, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
For further information, please contact
About Gulf Bridge International
GulfBridgeInternational (GBI) is a private company dedicated to connecting all the nations of the Gulf region to one another and to the rest of the world, using the latest fiber optic technologies. The GBI cable will be developed and owned by GCC investors who are building this strategic infrastructure to serve the entire region. GBI intends to be the carrier’s carrier of choice for traffic to and from the Gulf, facilitating social and economic growth in the region
For more information visit www.gbiinc.com
For further information, please contact:
|Sify Technologies Limited
Mr. K. V. Kasturi
Mr. Praveen Krishna
|Grayling Investor Relations
Ms. Trúc Nguyen (ext. 418)
Mr. Christopher Chu (ext. 426)
Ms. Nikhila Kesavan/ Divya Singh
+971 24178527 (o)