Syntel Employee Wins Prestigious Microsoft MVP Award

TROY, Mich., March 31 -- Syntel , a global applications outsourcing and e-Business firm, announced today that employee Shivani Maheshwari has been awarded the prestigious Microsoft MVP (Most Valuable Professional) annual award for outstanding contribution to Microsoft .NET technology.

The Microsoft MVP Award is given in recognition of the recipient's expertise, spirit of community, and willingness to help their peers by providing reliable and accurate answers to technical questions about Microsoft products and technologies.

Shivani Maheshwari, a Syntel Senior Analyst working in banking technology at Syntel's Global Development Center in Mumbai, India, is a specialist in Microsoft .NET technology and is co-authoring two books on the subject. She was part of the .NET research team, has written articles on MMIT and .NET technology, and has also co-hosted a site, www.dotforce.com, which is a vast, comprehensive resource for advanced Microsoft .NET technology.

"It is great to see Shivani receive this wonderful recognition after all of the tireless effort she has put forth," said Ken Kenjale, Syntel Chief Technology Officer. "Shivani represents the attributes we expect in all of our global employees: technology vision, diligence, persistence, and intelligence. We're very proud of her."

About Microsoft MVP Program

The MVP Program started eight years ago as a way for Microsoft to recognize and thank outstanding community members for providing accurate answers to technical questions about Microsoft products. Since then, the MVP community has grown steadily. Currently, the program has grown to nearly 800 members, with MVPs in over 40 countries. Microsoft Asia MVPs are professionals who voluntarily offer their expertise to enhance the online experience and technical skills of others in the MSDN Online Developer Forums. MVPs earn their status by being nominated by peers and Microsoft Managers who see their consistent and accurate technical answers posted in the forums. The volunteer spirit of the MVPs and their positive online contribution helps create strong communities.

About Syntel

Syntel is a global e-Business and applications outsourcing company that delivers real-world technology solutions to Global 2000 corporations. Syntel's portfolio of services includes e-Business development and integration, wireless solutions, data warehousing, and eCRM as well as complex application development and enterprise integration services. The company was the first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers. Syntel's more than 3,000 employees operate from centers in the US, Europe, and Asia. Syntel's Global Development Centers in India are assessed at SEI CMM Level 5 as well as ISO 9001. To learn more, visit us at: www.syntelinc.com

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Form 10-K document dated March 29, 2002. Factors that could cause results to differ materially from those set forth above include general trends and developments in the information technology industry, which is subject to rapid technological changes, and the Company's concentration of sales in a relatively small number of large customers, as well as intense competition in the information technology industry, which the Company believes will increase.