Patni Wins CPW Deal

LONDON and MUMBAI -- Patni Computer Systems Inc. (NYSE: PTI), a leading global IT services provider announced a multi-year US$200 million deal with The Carphone Warehouse, a UK FTSE 100 company.

Patni will become a key technology partner providing integrated services across consulting, systems integration, application development and maintenance. In addition, Patni will also be a key partner to The Carphone Warehouse for developing next-generation systems for its global telecom and retail operations. These services will be delivered across pan-European locations by Patni’s global consultants and global delivery centres in India.

Commenting on the partnership, Simon Post, CTO, The Carphone Warehouse said, “The Carphone Warehouse is undergoing a rapid transformation of its business. It is critical that we are able to react rapidly to changing market conditions from a technology and operational perspective. We see Patni as a strategic partner who will enable us to create a competitive advantage in the market.” Simon Post was recently voted among the ‘Top 10 CIOs for 2007’ by Silicon.com.

“We are delighted to announce this strategic deal with The Carphone Warehouse”, said Mrinal Sattawala, COO, Patni. “In today’s world, customers want innovation and agility coupled with operational excellence and cost leverage. We have delivered value to CPW across a set of large, complex engagements involving multiple service lines, and this contract creates the opportunity for both firms to drive sustaining mutual value through a strategic, multi-year engagement structure.”

Patni Computer Systems Ltd. (NYSE: PTI)