Syntel to Present at the Sidoti 10th Annual Emerging Growth Investor Forum on April 5 in New York
TROY, Mich.--March 31, 2006--Syntel, Inc. announced today that management will present at the Sidoti & Company 10th Annual Emerging Growth Institutional Investor Forum, which takes place April 4-5, 2006 at the Grand Hyatt Hotel in New York.Syntel will present on Wednesday, April 5, at 9:05 a.m. in the Estate Conference Room #7. The presentation will be delivered by Jonathan James, Syntel Vice President of Global Marketing and David Mackey, Syntel Vice President of Finance. The conference hotel is located at 109 East 42nd Street (Park Avenue at Grand Central) in New York.
About Syntel
Syntel is a leading global provider of custom outsourcing solutions in a broad spectrum of information technology and information technology-enabled services. The Company's vertical practices support the entire Design-Build-Operate-Optimize lifecycle of systems and processes for corporations in the Financial Services, Insurance, Retail, Health Care and Automotive industries. The first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers, Syntel now leverages this efficient model for the majority of its Global 2000 customers. Recently named one of Forbes Magazine's "Best 200 Small Companies in America," Syntel has more than 6,000 employees worldwide, is assessed at Level 5 of the SEI's CMMI, BS 7799-2:2002 as well as ISO 9001:2000 certified. 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 15, 2005. 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.