Satyam inaugurates development centre in Canada

Hyderabad: Satyam Computer Services Ltd. (NYSE: SAY), has opened a Satyam Canada Development Center (SCDC). The mayoress of Mississauga, Hazel McCallion inaugurated the center by lighting a ceremonial lamp and said, "We are excited about the impact Satyam will have on the city of Mississauga and appreciate their commitment in opening a world-class technology center in Canada. Mississauga is a technology leader in Canada and we are confident that Satyam's presence here will enhance that reputation."

Sanjay Tugnait, country manager Satyam Computer Services said. "Through the encouragement of our clients, we decided to set up the SCDC in early 2004, before schedule." He added that, "We
strategically moved elements of our service offerings that would not only add value, but also enable our local operations to bring better and faster services to our Canadian clients."

The SCDC is housed in a 4000 square feet location within the technology hub of Mississauga. The center is primarily used as a software development center, and set with hi-tech computing equipment, with secure high speed connectivity's to client hosts as well as other development centers in the US and India. The facility can house about 40 to 50 IT professionals.

Satyam's president Ram Mynampati said, "With the opening of our new Canada Development Center, Satyam will be able to better facilitate near shore services for our customers in the United States. Satyam now has 18 development centers globally, and is well positioned to achieve our goal of servicing both the local and global markets."