Sify Technologies to Report Fourth Quarter and Fiscal Year 2007-08 Fiscal Financial Results on Friday, May 30, 2008

CHENNAI, India, May 23 /PRNewswire-FirstCall/ — Sify Technologies Limited , a leader in Consumer Internet Services and Enterprise Services in India with global delivery capabilities, announced today that it will report its financial results for the fourth quarter and fiscal year 2007-08, ended March 31, 2008 on Friday, May 30, 2008 before the market opens.

In conjunction with the earnings release, Sify will host a conference call at 9:00 AM EDT hosted by Mr. Raju Vegesna, Chairman of the Board and Chief Executive Officer, Mr. CVS Suri, Chief Operating Officer and Mr. MP Vijay Kumar, Chief Financial Officer.

Interested parties may participate in the conference call by dialing 877-407-8031 (U.S. or Canada) or +1-201-689-8031 (international), which will also be simultaneously broadcast live over the Internet at http://www.sifycorp.com/ or http://www.vcall.com/.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

The online archive of the Web cast will be available shortly after the conference call, or investors can listen to the replay by dialing 877-660-6853 or +1-201-612-7415 and entering account number 286 and conference ID number 286469. Please allow for some time post conference call to access the archive of the Web cast.

About Sify

Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 348 cities and towns in India. 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 and hosting. A host of blue chip customers use Sify’s corporate service offerings. Consumer services include broadband home access, dial up connectivity and the iWay cyber cafe chain across 164 cities and towns. Sify is recognized as an ISO 9001:2000 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 BS7799 certified for Internet Data Center operations. Sify.com the consumer portal of Sify has sub portals like http://www.samachar.com/, http://www.walletwatch.com/, http://www.sifymax.com/ and http://www.chennailive.in/, http://www.bangalorelive.in/, http://www.mumbailive.in/, http://www.hyderabadlive.in/ the city based live video on the web. The content is available in 5 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil.

   For more information about Sify, visit http://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 “Risks Related to Our Business” in the company’s report on Form 6-K for the Quarter ended December 31, 2007 which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at http://www.sec.gov/.

   For further information please contact:    David Appasamy   Investor Relations   Sify Technologies Limited   +91-44-2254 0770 Ext. 2013   Email: david_appasamy@sifycorp.com    Truc N. Nguyen (ext. 418) or Christopher Chu (ext. 426)   Investor Relations   Grayling Global   +1-646-284-9400   Email: tnguyen@hfgcg.com or cchu@hfgcg.com  

Sify Technologies Limited

CONTACT: David Appasamy, Investor Relations, Sify Technologies Limited,+91-44-2254-0770 ext. 2013, david_appasamy@sifycorp.com; or Truc N. Nguyen,+1-646-284-9400 ext. 418, tnguyen@hfgcg.com, or Christopher Chu,+1-646-284-9400 ext. 426, cchu@hfgcg.com, both of Investor Relations, GraylingGlobal, for Sify Technologies Limited

Web site: http://www.sifycorp.com/http://www.vcall.com/http://www.samachar.com/http://www.walletwatch.com/http://www.sifymax.com/http://www.chennailive.in/http://www.bangalorelive.in/http://www.mumbailive.in/http://www.hyderabadlive.in/