Indian Internet firm Satyam Infoway announces award for Bronze medal weight lifter Malleswari.Business Editors SYDNEY, Australia--(BUSINESS WIRE)--Sept. 25, 2000 Satyam Infoway Limited (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market: SIFY), India's premier Internet and eCommerce company and the official sponsor of the Indian Olympic Team through its comprehensive sports portal www.khel.com, today announced a cash award of Rs. 500,000 for Karnam Malleswari Karnam Malleswari (born June 1 1975) is an Indian Weightlifter. She won a bronze medal in the 2000 Summer Olympics at Sydney, which made her the first Indian woman to win an Olympic medal. , the Olympic Bronze medal winner in weight lifting weight lifting, international sport, also a training technique for athletes in other sports. From the earliest times men have lifted weights as a test of strength. (69 Kg category). At a dinner for the Indian Olympic Team aboard a showboat showboat. In the early 19th cent. entertainment was brought by boat to the pioneers that settled along the western rivers (especially the Mississippi and Ohio) of the United States. At first companies only traveled by boat, performing on land. cruising through the Sydney harbour, Mr.R.Ramaraj, Managing Director and 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. of Satyam Infoway Ltd. said, "We are delighted that Malleswari lived up to the faith that India had in her to win a medal for the country. We are announcing this award both as a token of our appreciation of her efforts, as well as to encourage more Indian athletes and sportsmen in the future. We decided to sponsor the Indian Olympic team to Sydney for the same reason. With more active support of sports and games sports and games Recreational or competitive activities that involve physical skill, intellectual acumen, and often luck (especially in the case of games of chance). Play is an integral part of human nature. , other than cricket, we should be able to do a lot better in the International arena. We have therefore relaunched khel.com to promote sports in India, and to be a forum for sportspersons and their fans. We have recently acquired kheladi.com, promoted by Mr. Geet Sethi Geet Sethi (born April 17, 1961) is an Indian billiards player who dominated the sport of billiards throughout much of the 1990s. Born in New Delhi, India, he rose to prominence by winning the World Amateur Billiards Championships in 1985 and 1987. , the six time World Billiards billiards, any one of a number of games played with a tapered, leather-tipped stick called a cue and various numbers of balls on a rectangular, cloth-covered slate table with raised and cushioned edges. Champion. This has helped increase our content and coverage to include cue sports, athletics, tennis, golf, chess, hockey, football and more, besides cricket." Mr. Suresh Kalmadi Suresh Rao Kalmadi (born May 1, 1944, Pune, Maharashtra) is an Indian politician and businessman. He hails from village called Kalmadi near Udupi. Kalmadi is from the Indian National Congress. , President of the Indian Olympic association The Indian Olympic Association is the body responsible for selecting athletes to represent India at the Olympic Games and other international athletic meets and for managing the Indian teams at the events. , said, "Satyam Infoway's sponsorship of the Indian Olympic Team through their sports channel khel.com was timely and welcome. Moreover, their arrangements here in Sydney for the Team were also a source of support and motivation for the Team. I am glad that more enlightened corporates are now sponsoring athletics and sports and believe this will make a difference to Indian sports. I am also glad that khel.com is devoted to the promotion of sports for both the sports persons and fans in India. The Internet is emerging as the medium of the youth in India and Khel's promotion of sport will go a long way in popularizing many sports and games with this all important audience." Mr. Geet Sethi (Padmashri 1986), who will now oversee Khel.com said, "We would like to position Khel.com as the complete Indian sports site and the one that cares for Indian sport. The merger with Kheladi.com will consolidate and complete this process. Prakash Padukone, Ashwini Nachappa, Jaspal Rana and other sports persons who have made their mark both in India and internationally will all contribute to making khel.com the definitive Indian sports channel. Their collective passion and core competence Core competence Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. is what will drive the channel. Our ultimate aim is to provide an authentic platform on the Internet to support the cause of Indian sport." The official website of the Indian Olympic Association for the Sydney Olympics resides on khel.com at www.ioa.khel.com. The site has extensive coverage of the Games with regular updates, medal tallies, reports from Sydney, the profiles of all the members of the Indian team and fascinating details of the Olympics. Exclusive coverage, chats with the members of the Team, email wishes to them and more make www.ioa.khel.com the most exciting site on the Olympics for all Indians. Satyam Infoway established its presence in Sydney from 1 May 2000 as the company's hub for the Asian Region. Mr. Yarro Bailey, the Country Head, oversees an operation that has grown to a strength of 13 professionals, expected to reach 20 by December 2000.January 2001 will see the opening of a Melbourne office. This fast growing office offers eCommerce enablement services for large corporations in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. spanning eCommerce strategy, execution to management. About SIFY: Satyam Infoway Limited (NASDAQ National Market: SIFY) is the second largest national provider of Internet access and services to consumers and businesses in India. As of June 2000, Satyam Infoway had more than 200,000 consumer Internet subscribers. The company's network presently serves 46 locations, covering more than 220 cities throughout India. The products of Satyam Infoway include consumer Internet access services, online portal and content offerings and corporate network and technology services. Satyam Infoway has the distinction of being the first ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. in India to be awarded the 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. 9002 for customer support. Over 500 corporations use Satyam Infoway's business to business products and services. UUNet Technologies, Sterling Commerce and Open Market are some of Satyam Infoway's strategic partners. SIFY's portal (including IndiaWorld Communication's websites) registered an aggregate of 80 million page views in June 2000. This Press Release contains forward-looking statements within the meaning of section 27- A of Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. The forward looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward looking statements. For a discussion of the risks associated with Satyam Infoway's business, please see the discussion under the caption "Risks related to Business" in Satyam Infoway's Report on Form 6-K for the Quarter ended June 30, 2000 which has been filed with the Securities and Exchange Commission. This Report is available at www.sec.gov. |
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