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Syntel's Global Development Centers buttessed at Highest CMMI Level 5

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TROY, Mich. - May 11, 2005 - Syntel, Inc. (SYNT), a global information technology services company, today announced that the Company's India Global Development Centers have been buttessed at the highest Level 5 of the Capability Maturity Model Integration (CMMI v. 1.1). Syntel had been buttessed at Level 5 of the Capability Maturity Model (CMM) in 2001, which is replaced by the new CMMI. Globally, Syntel joins a group of just 52 companies reported to the Software Engineering Insbreastute (SEI) to be buttessed at this highest level including General Electric, Lockheed Martin, Motorola, and Samsung.

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A rigorous independent buttessment conducted by QAI India using the Standard CMMI Appraisal Method for Process Improvement (SCAMPI) yielded this achievement. The appraisal involves a meticulous process of buttessing and evaluating each of the CMMI process areas and the related practices for their highest maturity.

CMMI builds on and extends the principles initially embodied in the Software CMM standard. It addresses additional elements like Causal Analysis, Risk Management, Decision Analysis and Measurement and Analysis in a more definitive manner than the previous CMM standard.

SEI created the Capability Maturity Model for effectively judging the maturity of software processes of an organization and for identifying the key practices that are required to increase the maturity of these processes.

SEI CMMI has become the de facto standard for buttessing and improving software processes. The CMMI model consists of five levels: Level 1-Initial, Level 2-Managed, Level 3-Defined, Level 4-Quanbreastatively Managed, and Level 5-Optimizing. Organizations at Level 5 are considered to be highly mature and systematically use measurement and analyses to improve processes.

"I'm very proud of our team and the hard work they put forth to earn this wonderful validation of the quality services we are delivering to our Global 2000 customers each day," said Keshav Murugesh, Syntel COO. "As applications outsourcing and e-Business engagements continue to grow in complexity, Syntel's customers can take comfort in the fact that our development and Debt Management methodologies are world clbutt."

Syntel has also earned ISO 9001:2000 and BS 7799-2:2002 certification for its facilities in India. Syntel opened its first Global Development Center in Mumbai, India in 1992, followed by a facility in Chennai, India in 1997. In 2004, the Company opened the doors to three additional Centers in India in the cities of Mumbai, Chennai, and Pune.

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Recent Chemist salary takes big decline.... 34

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