NIIT Technologies Acquires Sabre Philippines Development Center

NIIT Technologies Acquires Sabre Philippines Development Center

NEW DELHI, MANILA, ATLANTA, LONDON, SINGAPORE and BANGKOK, September 11, 2012 /PRNewswire/ --

              Deepens engagement with existing large customer in Travel vertical

    NIIT Technologies Ltd. (NSE: NIITTECH), a leading global IT solutions organization
today announced that it has signed an agreement to acquire Sabre Holdings' Philippines
Development Center. Sabre, a global technology company, is the world's leading provider of
solutions for the travel industry and also a key customer of NIIT Technologies.

    The acquisition further deepens NIIT Technologies' engagement with Sabre and enhances
its global delivery capability. Manila is a proven destination for Business Process
Outsourcing (BPO) services and NIIT Technologies will provide services to Sabre and its
other customers from this Manila center, which has a capacity of 200 seats with
opportunity for expansion.

    Commenting on the expansion, Mr. Arvind Thakur, Chief Executive Officer, NIIT
Technologies said, "The acquisition fits well with our strategy of 'Focus and
Differentiate' and enhances our global delivery footprint".

    "Asia-Pacific is an important growth region for Sabre and the industry and we believe
this move helps further strengthen our established relationship with NIIT Technologies and
positions Sabre for greater growth within APAC," said Mr. Barry Vandevier, Chief
Information Officer, Sabre. "It also streamlines our company's location portfolio while
continuing to provide Sabre customers with the same high level of service."

    "We welcome Sabre's Manila team to NIIT Technologies as we strengthen our Travel
Services offerings in the region," said Mr. Lalit Dhingra, President, NIIT Technologies.
"The acquisition will enhance our deep domain knowledge with the expansion in our strong
talent base and bring in global technology best practices to help corporations effectively
respond to their global IT needs."

    NIIT Technologies is ranked No.1 in Travel by Datamonitor Black Book of Outsourcing
and has held this position for three consecutive years. The Company continues to
strengthen its position towards becoming a significant IT services player in the global
Travel and Transport markets.

    About NIIT Technologies

    NIIT Technologies is a leading IT solutions organization, servicing customers in North
America, Europe, Middle East, Asia and Australia. It offers services in Application
Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and
Business Process Outsourcing to organizations in the Financial Services, Travel &
Transportation, Manufacturing/Distribution, Healthcare and Government sectors. The Company
adheres to major global benchmarks and standards, having secured the ISO 9001:2000
certifications and the ISO: 27001 Information Security Management accreditation. NIIT
Technologies also follows global standards of development. It has been assessed at Level 5
of SEI CMMi version 1.2. NIIT Technologies Business Process Outsourcing conforms to the
highest quality standards such as COPC and Six Sigma. Its data centre operations are
assessed at the international ISO 20000 IT management standards.

    For more information, please visit http://www.niit-tech.com
[http://www.niit-tech.com/media/media-release/www.niit-tech.com ].

    About Sabre Holdings

    Sabre Holdings(R) is a global technology company serving the world's largest industry
- travel and tourism. It provides software to travel agencies, corporations, travelers,
airlines, hotels, car, rail, cruise and tour operator companies, through its four
businesses - Sabre Airline Solutions(R), Sabre Hospitality Solutions(R), Sabre Travel
Network(R) (including GetThere) and Travelocity(R) (including lastminute.com
[http://lastminute.com ] and Zuji). Sabre's innovative technology is used by more than a
billion people around the world to plan, book and experience their travel at a time and
price that's right for them. It works behind the scenes to make the world a better place,
one journey at a time. Headquartered in Southlake, Texas, Sabre has approximately 10,000
employees in 60 countries around the world. It has major development and customer care
centers in the United States, Argentina, India, Poland and Uruguay. Sabre has won numerous
awards for being a top employer and corporate citizen in Argentina, Brazil, India, Mexico,
Peru, Poland, and the United States. Sabre is privately owned by Texas Pacific Group (TPG)
and Silver Lake Partners.

    For more information, please visit http://www.sabre.com

    Safe Harbor

    Certain statements in this release are forward-looking statements. The business
involves various risks, and uncertainties that could result in the actual results to
differ materially from those indicated here. All forward looking statements made herein
are based on information presently available to the management of the Company and 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.

       
        For media queries please contact:

        Shweta Kaura
        Corporate Communications
        NIIT Technologies Ltd.
        +91-120-7119039
        shweta.kaura@niit-tech.com

        Jyotsna Nanda/ Chiranjeeta Borah
        Candour Communications
        +91-98104-99625/9818661995
        jyotsna@candour.co.in
        chiranjeeta@candour.co.in

        For investor queries please contact:
        Abhinandan Singh
        Head - Investor Relations & Special Projects
        NIIT Technologies Ltd.
        +91-9820293450
        abhinandan.singh@niit-tech.com
        investors@niit-tech.com

NIIT Technologies Ltd