CHENNAI, India: Sify
Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Enterprise
and Consumer Internet Services in India with global delivery capabilities,
today announced the appointment of Mr. David Nishball as their Chief
Strategic Officer.
Mr. Nishball in his new role will work closely with the Chairman & MD to
drive the strategy to maximize Sify's global market opportunity and delivery
footprint, expand the current portfolio of products and services and drive
momentum to become a major global ICT player. Mr. Nishball will also assist
in guiding and catalyzing Sify through its growth phase by tapping into new
global venture opportunities.
Commenting on his new engagement, Mr. Nishball said, "With its
systematized and scalable delivery capabilities, Sify is in an enviable
position to address business opportunities across the globe. Sify has scope
for immense growth in the Enterprise, Consumer and International markets.
With its strategically planned investments in the last 4 years in Network,
Data Centers, Application Services and now in setting up a Cable Landing
Station, Sify has the core set of assets necessary to deliver networked ICT
services on a global scale".
Chairman & MD, Raju Vegesna commented, "I take great pleasure in
welcoming David on board. As Chief Strategic Officer, I am sure Sify will
benefit from David's immense depth of experience in building and guiding
businesses, domestically and internationally, and taking them to the next
phase of growth."
Mr. Nishball brings over twenty nine years of experience spanning various
roles and functions in the ICT and telecommunications industry, including
almost 20 years in the Asia Pacific Region, most recently in India. He has
built and guided the Enterprise business for a number of global operators,
joint venture companies and emerging market operators, including Orange
Business Services, AT&T, Concert, and Bharti Airtel (India).
Mr. Nishball is the Founder and Managing Partner of Darlington Asia
Group, which provides ICT-related business development and investment
advisory services. From 2007 to 2010, he was the President of Airtel
Enterprise Services, based in New Delhi. Prior to joining Airtel, Mr.
Nishball was a Senior Vice President, Asia Pacific, for Orange Business
Services (formerly Equant), based in Singapore. From 1982-2002, he held a
number of strategic positions with AT&T and its related companies, where he
played a key role in supporting and managing several global ventures.
Mr. Nishball holds an MBA from the University of California, Berkeley -
Walter A. Haas School of Business.
About Sify Technologies
Sify is among the largest Managed Enterprise and Consumer Internet
Services companies in India, offering end-to-end solutions with a
comprehensive range of products delivered over a common telecom data network
infrastructure reaching more than 600 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. Sify is recognized as an ISO 9001:2008 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 ISO / IEC 20000 - 1:2005 certified for Internet Data
Center operations. Sify has licenses to operate NLD (National Long Distance)
and ILD (International Long Distance) services and offers VoIP back haul to
long distance subscriber telephony services. The company is India's first
enterprise managed services provider to launch a Security Operations Center
(SOC) to deliver managed security services. A host of blue chip customers use
Sify's corporate service offerings.
Sify also caters to global markets in the specialized domains of
eLearning Services and Remote Infrastructure Management Services. The
eLearning Services business designs, develops, and delivers state-of-the-art
digital learning solutions catering to for-profit, non-profit organizations,
and governmental organizations in the fields of hi-tech, engineering,
environment, healthcare, education, and finance. The Remote Infrastructure
Management Services provides dependable and economical solutions around
managed services, hosting, and monitoring.
Consumer services include broadband home access and the ePort cyber cafe
chain cross more than 200 cities and towns in India. Sify.com, the popular
consumer portal, has channels on news, entertainment, finance, sports, games
and shopping. Samachar.com is the popular portal aimed at non-resident
Indians around the globe. The site's content is available in 8 Indian
languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi
and Gujarati in addition to English.
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 "Risk Factors" in the company's Annual
Report on Form 20-F for the year ended March 31, 2010, which has been filed
with the United States Securities and Exchange Commission and is available by
accessing the database maintained by the SEC at www.sec.gov, and Sify's other
reports filed with the SEC.
Contact information
Sify Technologies Limited
Mr. Pijush Das
Investor Relations
+91-44-2254-0777 (ext. 2703)
Pijush.das@sifycorp.com
Mr. Praveen Krishna
Corporate Communications
+91-44-22540777 (extn.2055)
Praveen.krishna@sifycorp.com
Grayling Investor Relations
Ms. Truc Nguyen (ext. 418) or
Mr. Christopher Chu (ext. 426)
+1-646-284-9400
truc.nguyen@us.grayling.com or
christopher.chu@us.grayling.com
SOURCE Sify Technologies Limited