Ananda Raju Vegesna Joins Sify Board of Directors.CHENNAI, India -- Sify Limited (Nasdaq National Market:SIFY), a leader in consumer Internet and Enterprise Services in India with global delivery capabilities, announced today the appointment of Mr. Ananda Ananda (flourished 6th century BC, India) First cousin and disciple of the Buddha. A monk who served as the Buddha's personal attendant, he became known as the “beloved disciple.” It was Ananda who persuaded the Buddha to allow women to become nuns. Raju Vegesna as an Executive Director on its Board. A graduate in Science, Mr. Ananda Raju brings with him rich experience in providing infrastructure facilities to industries like the Information Technology, Manufacturing and Service industries, as well as setting up units in Software Technology Parks for domestic as well as export markets. Mr. Raju Vegesna, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Managing Director, Sify Limited, said, "I am extremely pleased to announce Mr. Ananda Raju Vegesna's appointment as a Director on the Board of Sify. He brings vast experience in handling various infrastructure and administration related issues for the company which will add tremendous value to Sify." Mr. Ananda Raju Vegesna, newly appointed Director, said, "I am really excited to join the Board of Sify as a Director to contribute to the company's future growth. I see a great opportunity to build on the present strengths of the company to take it to the next level of performance." Mr. Ananda Raju, Mr. Raju Vegesna's brother, is presently the Managing Director of Infinity Satcom Universal Private Limited and the Director of Raju Vegesna Infotech & Industries Limited and Server Engines India (Private) Limited. About Sify Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. with a comprehensive range of products delivered over a common Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. infrastructure. This Internet backbone reaches 188 cities and towns in India. A significant part of the company's revenue is derived from Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. , which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. A host of blue chip customers use Sify's corporate service offerings. Consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, include broadband home access, dial up connectivity and the iWay cyber (1) From "cybernetics," it is a prefix attached to everyday words to add a computer, electronic or online connotation. The term is similar to "virtual," but the latter is used more frequently. See virtual. cafe chain across 158 cities and towns. Sify is recognized as an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP Solutions and integrated security solutions, and BS7799 certified for Internet Data Center operations. For more information about Sify, visit www.sifycorp.com. Forward Looking Statements This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the quarter ended December 31, 2006, which has been filed with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov. |
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