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Patni Computer Systems to Discuss First Quarter 2012 Financial Results on April 13, 2012

Date : 03/09/2012 @ 8:00AM
Source : GlobeNewswire Inc.
Stock : Igate Corp. (MM) (IGTE)
Quote : 34.58  0.08 (0.23%) @ 11:49AM
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Patni Computer Systems to Discuss First Quarter 2012 Financial Results on April 13, 2012

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Patni Computer Systems, a subsidiary of iGATE Corporation, providing Business Outcomes based solutions under the brand name iGATE Patni, has scheduled its Earnings Conference Call in conjunction with that of iGATE Corp. on Friday, April 13, 2012 to discuss the results of its first quarter ended March 31, 2012. Results for the first quarter of Patni Computer Systems will also be announced on April 13, 2012. Senior management of the company will discuss the financial performance for the quarter and answer participants' questions during the call.

Time : 5.30 pm – 6.30 pm IST / 08.00 am - 9.00 am Eastern Time /
      05.00 am - 06.00 am Pacific Time
Toll Free (India) : 000-800-100-3522
Toll Free (outside India) : 877-407-8037 
Toll : 201-689-8037 

The call will be webcast live on iGATE Patni's website (www.igatepatni.com) in the Investor Relations page under the section Events. Participants are requested to log in 10 minutes prior to the start of the webcast. The on demand version of the webcast will be available on the iGATE Patni's website shortly after the call.

Callers can access the telephonic replay by dialing 877-660-6853 (toll free), 201-612-7415 (toll) or 000-800-100-3522 (toll free India) and entering account number 293 and conference number 390561. The telephonic replay will be available until April 20, 2012.

About iGATE Patni:

'iGATE Patni' is the common brand identity of two organizations — iGATE and Patni. With iGATE Corporation having acquired a majority stake in Patni Computer Systems Limited, the two companies, under the common brand iGATE Patni, 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 26000+ 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 BSE (532517), NSE (PATNI) and NYSE (PTI).

The iGATE Patni brand logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5150

Safe Harbor:

Statements in this release concerning Patni's future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, the company's ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, ability to manage international operations, reduced demand for technology in Patni's key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of Patni's intellectual property and general economic conditions affecting the industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.

CONTACT: Investor Contact:
         Araceli Roiz
         +1 (510) 896 3007
         Araceli.roiz@igatepatni.com
         
         Media Contact:
         Prabhanjan Deshpande "PD"
         +91 80 4104 5006
         PD@igatepatni.com



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