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Press release from GlobeNewswire (a Nasdaq OMX company)

Syntel Named to 2011 Global Services 100

Monday, July 25, 2011

Syntel Named to 2011 Global Services 10005:30 EDT Monday, July 25, 2011TROY, Mich., July 25, 2011 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has been named to the Global Services 100, a list of the top global providers of business and technology outsourcing services, for the fifth straight year. Syntel was also named one of the top global IT outsourcing vendors, a top application development and management (ADM) vendor, as well as a top provider of Knowledge Process Outsourcing (KPO) and industry-specific BPO services. "This recognition from Global Services and NeoGroup is evidence of the business value we deliver every day to our clients," said Syntel CEO and President, Prashant Ranade. "Our entire organization, from associates to senior leadership, is focused on creating new solutions that enable our clients to operate more efficiently, create competitive advantage, and derive maximum value from their technology and business operations." To compile the Global Services 100, a panel of experts identify and evaluate outsourcing service providers based on criteria including service offerings, management excellence, global delivery maturity and client relationships. "The firms that are recognized in the GS100 list show a higher level of focus on client needs, employee development and process improvement," said Atul Vashistha, Founder and Chairman, NeoGroup. "They continue to be providers of choice in the market." The 2011 Global Services 100 study and list of the top 100 service providers can be viewed at www.globalservicesmedia.com.About Global Services Global Services, a media platform by CyberMedia, covers strategies, best practices, and opportunities in global sourcing of ITO and BPO services. The publication reaches senior sourcing professionals in leading organizations across North America, Europe, and Asia. The Global Services brand is an integrated media platform that includes the website globalservicesmedia.com, conferences, research, webinars, e-magazines, custom publishing, and various other content delivery formats.About NeoGroup NeoGroup was founded in 1999 (Formerly neoIT) with the principle that talent in low cost locations and outsourcing firms, leveraged appropriately could create sustainable competitive advantage. NeoGroup helps organizations benefit from the rise of services globalization and outsourcing around the world. NeoGroup's services helps create competitive advantage through advisory, risk monitoring, and program management. Learn more at www.neogroup.comAbout Syntel Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of June 30, 2011, Syntel employed more than 18,000 people worldwide. To learn more, visit us at: www.syntelinc.com.Safe Harbor Provision This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2010, the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2011, or from other factors not currently anticipated.CONTACT: Jon Luebke 248/619-3503 jon_luebke@syntelinc.com