Awarded by Enterprise Asia for Showing Exemplary Attributes in Entrepreneurship
BANGALORE, India and FREMONT, Calif., Nov. 14, 2011 (GLOBE NEWSWIRE) -- A year in which he consummated the biggest acquisition in the Indian IT Industry, iGATE Patni's ceo Phaneesh Murthy has been chosen for the 'Outstanding Entrepreneurship Award' as part of the Asia Pacific Entrepreneurship Awards 2011 by Enterprise Asia, a Malaysia headquartered non-governmental organization that promotes entrepreneurship in the Asia Pacific region.
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Phaneesh Murthy received the award from Mr. William Ng, President, Enterprise Asia at a gala function held in Delhi on Friday, November 11, 2011.
Commenting on the choice of Phaneesh Murthy for the Outstanding Entrepreneurship Award, Mr. William Ng, said, "I am pleased to have winners such as Phaneesh Murthy of iGATE Patni, who advocate both investment in people and responsible entrepreneurship - the two pillars of Enterprise Asia. Over the last two decades, Phaneesh has showcased exemplary attributes in entrepreneurship and I wish him continued success in all his initiatives."
On being chosen for the award, Phaneesh Murthy, CEO, iGATE Patni said, "I am honoured to receive this award. Behind any success, there is a large TEAM really doing all the work and hence I dedicate this award to the whole iGATE Patni team for creating a truly unique iTOPS for Business Outcomes model. This award is validation of the fact that a team's innovation can create strong stakeholder value and does get recognized."
About iGATE Patni
'iGATE Patni' is the common brand identity of two organizations — iGATE Corporation and Patni Computer Systems Limited (Patni). With iGATE having acquired a majority stake in Patni, the two companies, under the common brand iGATE Patni, jointly provide full-spectrum consulting, technology and business process outsourcing, and product engineering services on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS (Integrated Technology and Operations) platform, iGATE Patni's multi-location global organization with a talent pool of 26,000+ people, consistently delivers effective solutions to over 360 Fortune 1000 clients spanning across verticals like: banking & FINANCIAL services; insurance & healthcare; life sciences; manufacturing, retail, distribution & logistics; media, entertainment leisure & travel; communication, energy & utilities; public sector; and independent software vendors. Visit: www.igatepatni.com
iGATE Corporation is listed on nasdaq (IGTE), and Patni Computer Systems Limited on the Bombay Stock Exchange (532517), the National Stock Exchange of India (PATNI) and NYSE (PTI).
The iGATE Patni brand logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5150
The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.
CONTACT: Media Contact
Prabhanjan Deshpande "PD"
+91 80 4104 5006
PD@igatepatni.com
