Siemens PLM Software and Satyam Sign Alliance to Enhance PLM Solutions Value Delivery
May 21 2008 - 8:00AM
PR Newswire (US)
Alliance to Leverage Satyam's Global Domain Expertise and Siemens
PLM Software's Industry-Leading PLM Technology PLANO, Texas and
BANGALORE, India, May 21 /PRNewswire/ -- Siemens PLM Software, a
business unit of Siemens Industry Automation Division and a leading
global provider of product lifecycle management (PLM) software and
services, and Satyam Computer Services Ltd. (NYSE:SAY), a leading
global consulting and IT services provider, today announced a
global consulting and systems integrator alliance to provide
optimized PLM software and services to help customers enhance
efficiency and top-line growth. The alliance will enable clients to
benefit from Satyam's global domain expertise, combined with
Siemens PLM Software's industry-leading PLM technology. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) "This
alliance with Satyam, a leading PLM service provider, will enhance
the ability of both organizations to deliver outstanding PLM
products and services to customers in critical industries," said
John Graham, executive vice president, Global Sales and Services,
Siemens PLM Software. "It will also enhance our focus on
non-traditional verticals and geographies and bring the benefit of
PLM to these customers." The companies will use Siemens PLM
Software's PLM technology to create focused solutions for the
chemical, oil and gas, and industrial machinery industries.
Collaborating on aligned sales, marketing, and delivery strategies
will enable the companies to more efficiently bring PLM solutions
to their global customer base including those in the focus
industries. "Siemens PLM Software's world-class PLM technology,
combined with our multi-industry expertise, will enable us to
further evolve the PLM industry," said Joseph Lagioia, Director,
Senior Vice President, and Global Head for Consulting and
Enterprise Solutions at Satyam. "As partners, we will deliver
solutions to a much larger, more diverse market and create real
value for our clients. It also reaffirms our commitment to
providing clients with the widest range of services, through the
most advanced global delivery models." About Satyam Satyam
(NYSE:SAY), a leading global business and information technology
services company, delivers consulting, systems integration, and
outsourcing solutions to clients in 20* industries and 63*
countries. Satyam leverages deep industry and functional expertise,
leading technology practices, and an advanced, global delivery
model to help clients transform their highest-value business
processes and improve their business performance. The company's
51,127* professionals excel in engineering and product development,
supply chain management, client relationship management, business
process quality, business intelligence, enterprise integration, and
infrastructure management, among other key capabilities. Satyam
development and delivery centers in the US, Canada, Brazil, the UK,
Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and
Australia serve 654* clients, including more than one third of the
Fortune 500. For more information, see http://www.satyam.com/ .
(*as of March 31, 2008) About Siemens PLM Software Siemens PLM
Software, a business unit of the Siemens Industry Automation
Division, is a leading global provider of product lifecycle
management (PLM) software and services with 5.5 million licensed
seats and 51,000 customers worldwide. Headquartered in Plano,
Texas, Siemens PLM Software's open enterprise solutions enable a
world where organizations and their partners collaborate through
Global Innovation Networks to deliver world-class products and
services. For more information on Siemens PLM Software products and
services, visit http://www.siemens.com/plm . About the Siemens
Industry Automation Division The Siemens Industry Automation
Division (Nuremberg), a division of the Siemens Industry Sector, is
a worldwide leader in the fields of automation systems, low-voltage
switchgear and industrial software. Its portfolio ranges from
standard products for the manufacturing and process industry to
solutions for whole industries and systems that encompass the
automation of entire automobile production facilities and chemical
plants. As a leading software supplier, Industry Automation
optimizes the entire value added chain of manufacturers -- from
product design and development to production, sales and a wide
range of maintenance services. Note: Siemens and the Siemens logo
are registered trademarks of Siemens AG. All other trademarks,
registered trademarks or service marks belong to their respective
holders. Safe Harbor This press release contains forward-looking
statements within the meaning of section 27A of 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 certain risks and uncertainties that could cause
actual results to differ materially from those reflected in the
forward- looking statements. Satyam undertakes no duty to update
any forward-looking statements. For a discussion of the risks
associated with our business, please see the discussions under the
heading "Risk Factors" in our report on Form 6-K concerning the
quarter ended December 31, 2007, furnished to the United States
Securities Exchange Commission on January 28, 2008 and the other
reports filed with the Securities Exchange Commission from time to
time. These filings are available at http://www.sec.gov/ . This
announcement is not an offer of securities for sale in the United
States. Securities may not be offered or sold in the United States
absent registration or an exemption from registration. Any public
offering of securities to be made in the United States will be made
by means of a prospectus that may be obtained from Satyam and that
will contain detailed information about Satyam and its management,
as well as financial statements.
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
http://photoarchive.ap.org/ DATASOURCE: Siemens PLM Software
CONTACT: Salim Rahimi, +1-972-987-3206, ; or Vishwesh Iyer +91 98
200 53697, , both for Siemens PLM Software; or for Satyam, write ,
or contact global PR representatives, India: Vishwesh Iyer,
+91-98200 53697, , or US: Siobhan Aalders, +1-212-880-5341,
+1-347-387-0733, , or Europe: Clare Gibbins, +44-20-7309 1037, ; or
Asia-Pacific, Reshma Wad Jain, +65 6737 4844, +65 981 40507, , or
Simon Murphy, +61 (02) 8281 3826, Web site:
http://www.siemens.com/plm http://www.satyam.com/
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