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Patni Wins Significant Multi-Services Telecom Deal From UK's Largest Independent Retailer of Mobile Communications

Posted on: Thursday, 23 March 2006, 09:00 CST

LONDON, MUMBAI, India and MILPITAS, Calif., March 23 /PRNewswire-FirstCall/ -- Patni Computer Systems Inc., a leading global IT services provider, today announced that it has signed a multi-million GBP multi-services telecom contract with The Carphone Warehouse, the UK's largest independent retailer of mobile communications.

Patni will support The Carphone Warehouse's delivery platform encompassing fixed line, wireless and Mobile Virtual Network Operator (MVNO) capabilities for the pan-European market. This will be a fixed price engagement with program management and end-to-end systems implementation responsibility across multiple vendors.

Patni is a leader in developing MVNO solutions and is extending its market leadership position in this segment form North America to Europe.

Says Simon Post, Chief Technology Officer, The Carphone Warehouse, "Our aim is to provide customers with a comprehensive web-based solution, which will make managing our relationship more effective, and give them faster access to an even wider range of the latest products. The solution proposed by Patni will reduce the long-term total cost of ownership of our billing and CRM systems. The Carphone Warehouse already works with Patni in other areas and, despite tough competition, we chose to work with them on this project as they have the best credentials for our requirement."

Patni is leveraging key technology assets and re-usable components to deliver services to The Carphone Warehouse.

Says Neeraj Gupta, Head of Communications Business Unit, Patni, "The Carphone Warehouse's selection of Patni for the development of its next generation IT platform, in the face of significant global competition, is further validation of our differentiated services capability and domain expertise in the global communications industry."

Patni clinched the deal amidst stiff competition from global IT consultancy giants, firmly positioning itself as a long-term strategic partner for The Carphone Warehouse. Close on the heels of the recent ABN AMRO global outsourcing contract, this win not only underscores Patni's ability to win big ticket contracts but also strengthens the company's presence in Europe.

About The Carphone Warehouse

The Carphone Warehouse is the largest independent mobile phone retailer in Europe with over 640 UK stores, a full interactive website (carphonewarehouse.com) and sales line (0800 925 925) guaranteeing next day delivery. The company prides itself on offering impartial advice, unbeatable customer service and the widest choice of mobile phones and accessories.

These achievements continue to be recognised through a variety of awards: The Carphone Warehouse scooped the Best Large Retailer award at the industry's leading awards ceremony, the Mobile News Awards 2005 for the 11th year in a row. Then, going head to head with the entire retail industry at the Retail Week Awards 2005, The Carphone Warehouse collected two further accolades: Innovative Employer of the Year as a result of its unbeatable employee benefits and rewards, as well as the Business Excellence award for the use of technology to advance customer service. The Carphone Warehouse also came fourth in The Sunday Times Best Big Companies to Work For, 2005.

About Patni

Patni Computer Systems Limited is a global IT Services provider servicing Global 2000 clients in the Manufacturing, Insurance, Banking & Financial Services, Telecom, Retail, and Energy & Utilities industries. With an employee strength of over 11,000; multiple offshore development facilities across eight cities; and 24 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues in excess of US $450 million for the year 2005.

Patni's technology focus spans e-business solutions, enterprise applications, embedded technology solutions and enterprise systems management. Its service offerings include application development and reengineering, application management and business process outsourcing.

Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001:2000 certified and SEI-CMMi Level 5 organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.

For more information on Patni please visit http://www.patni.com/ Safe Harbor:

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our Red herring filing. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

Patni Computer Systems Inc.

CONTACT: Varsha Chawla, mobile: +91-9820192294, varshac@text100.co.in, orPinky Jagtiani, mobile: +91-9821133472, pinkyj@text100.co.in, both of Text100 Public Relations (India) for Patni (India), +91-22-56595519

Web site: http://www.patni.com/

Source: PRNewswire-FirstCall

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