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Press release from GlobeNewswire (a Nasdaq OMX company)

Syntel Congratulates SIFE India National Finalists

Tuesday, July 03, 2012

Syntel Congratulates SIFE India National Finalists11:06 EDT Tuesday, July 03, 2012TROY, Mich., July 3, 2012 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, congratulates the finalists from the recently concluded SIFE (Students in Free Enterprise) south and west regional competitions in India. Syntel sponsored SIFE India's south and west regional competitions, which were held in Chennai, India on June 28, 2012 and in Mumbai, India on July 3, 2012, respectively. The qualifying teams from each region will advance to the National Competition to be held in Mumbai on July 4, 2012. The 2012 SIFE National finalists include: SRM Institute of Management Studies, Chennai Rajalakshmi Engineering College, Chennai Shasun Jain College for Women, Chennai Ethiraj College for Women, Chennai Loyola College, Chennai Jain University, Bengaluru S.P. Jain Institute of Management and Research, Mumbai K.J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai H.R. College of Commerce and Economics, Mumbai M.M.K. College of Commerce and Economics, Mumbai Symbiosis Institute of Operations Management, Nashik KIIT University, Bhubaneswar The SIFE India National finalists were chosen by a panel of more than 50 business leaders, who evaluated each team's community outreach projects. The national champion will go on to represent India at the SIFE 2012 World Cup. "Syntel pioneered the entry of SIFE in India and we are very proud to have seen it become stronger with each passing year," said Rakesh Khanna, Syntel COO and keynote speaker at the SIFE Mumbai competition. "We fully support SIFE's goals of creating responsible corporate citizens and challenging students to adopt a social attitude towards business to benefit society at large." Syntel's goal is to expand SIFE India to more than 150 participating universities and colleges across the country by 2015.About SIFE SIFE is an international non-profit organization that brings together the top leaders of today and tomorrow to create a better, more sustainable world through the positive power of business. Founded in 1975, SIFE has active programs on more than 1,600 college and university campuses in 39 countries. For more information, contact SIFE World Headquarters at 417-831-9505 or visit www.sife.org.About SIFE India Launched in 2003, SIFE India has expanded to nearly 50 universities in more than 12 cities and has touched the lives of thousands of people, across the country. SIFE India has established itself as one of the premier student-based organizations in India supporting free enterprise and entrepreneurship. SIFE projects are guided by distinguished faculty advisors who help students apply their classroom experiences to develop and implement real-world educational outreach programs. For more information visit http://www.sifeindia.org About 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 March 31, 2012, Syntel employed more than 19,000 people worldwide. To learn more, visit us at: www.syntelinc.com.CONTACT: Shmita Ramkumar SIFE Worldwide (+91) 9962589927 sramkumar@sife.org Sikta Samantaray Syntel Inc. (+91) 9619038730 sikta_samantaray@syntelinc.com