Syntel CEO to Participate in Panel Discussion on Offshore Outsourcing

Title: 'Offshore Outsourcing for IT -- What's Driving the Users? Expected from the Vendors'

TROY, Mich., Feb. 20 -- Syntel Chairman and CEO Bharat Desai will take part in a focused panel discussion at Northwestern University on February 22, 2003 at 10:00 a.m. (CST) on the topic of offshore IT outsourcing. The event is sponsored by the Indian Institute of Technology (IIT) Midwest Alumni Organization.

The panel, entitled "Offshore Outsourcing for IT -- What's Driving the Users? Expected from the Vendors," will explore the various models for managing IT services in a global delivery setting, as well as best practices, economic considerations and project management matters.

A growing number of U.S. corporations are adopting offshore IT outsourcing practices to drive down costs, increase quality and improve speed to market for managing their information technology environment. Research firm Forrester predicts that the offshore outsourcing market will nearly double to $18 billion by 2005.

The event will be held at the Kellogg School of Management, Northwestern University, Coon Forum, 2001 Sheridan Road, Evanston, IL 60201. To register for the event, visit: http://www.iitmidwest.org/events/offshore2003.html.