DGAP-News: iGATE Corporation Wins –Golden Peacock– Global Award (Americas) for Excellence in Corporate Governance

iGATE Corporation

03.10.2011 13:30
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Testimony to iGATE–s Relentless Pursuit in Adopting Best in Class Practices –
Phaneesh Murthy

FREMONT, Calif. and BANGALORE, India, 2011-10-03 13:30 CEST (GLOBE NEWSWIRE) —
iGATE Corporation (Nasdaq:IGTE), the first integrated Technology and Operations
(iTOPS) company providing Business Outcomes based solutions under the brand
iGATE Patni, today announced that it has been awarded –The Golden Peacock
Global Award (Americas) for Excellence in Corporate Governance– for the year
2011.

The award will be formally presented to iGATE by Hon–ble Mark Hoban, Financial
Minister to Her Majesty–s Treasury (United Kingdom–s Economics and Finance
Ministry) next month in London.

Commenting on the recognition, Phaneesh Murthy, CEO, iGATE Corporation, said,
–The Golden Peacock Award is special for iGATE as this award is recognised
globally as the hallmark of corporate excellence. For us, this is a testimony
to our relentless pursuit in adopting best-in-class practices in every aspect
of our business including Corporate Governance.–

The distinguished jury at the Golden Peacock Awards Secretariat included
Justice PN Bhagwati, Dr.Ola Ullsten- former Prime Minister of Sweden, Lt. Gen
Surinder Nath, PVSM, AVSM (retd.) former Vice Chief of Indian Army&former
Chairman, Union Public Service Commission and Dr. A N Saksena – former
Financial Advisor Ministry of Petroleum&Natural Gas.

Manoj Raut, CEO and Director, Institute of Directors, said, –iGATE is doing a
great amount of work and maintaining good momentum. This year, they have
emerged outstanding and have been declared as winner for their world-class
performance.–

On the specific initiatives, Mukund Srinath, SVP – Legal and Corporate
Secretary, iGATE Corporation, added,–iGATE–s pursuit for Excellence in
Corporate Governance led to the Company focusing on an ongoing self assessment
exercise at all levels in the organisation. This has consequently helped
achieve significant improvement in the overall performance of the organization
including an energetic and excited workforce that is now aligned to iGATE–s
single minded objective of being the leading Outcomes driven organization.–

Established by the Institute of Directors in 1992 and instituted to celebrate
and honour the best organizations and recognize unique achievements in brand
building, The Golden Peacock award is the most prestigious award for corporate
excellence worldwide.

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

Media Contact
Prabhanjan Deshpande –PD–
+91 80 4104 5006
PD@igatepatni.com
News Source: NASDAQ OMX

03.10.2011 Dissemination of a Corporate News, transmitted by DGAP –
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP–s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: iGATE Corporation

United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901036403
WKN:

End of Announcement DGAP News-Service

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