Sify Appoints David Nishball as Chief Strategic Officer
CHENNAI, India, February 11, 2011 /PRNewswire-FirstCall/ -- Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Enterprise and Consumer Internet Services in India with global delivery capabilities, today announced the appointment of Mr. David Nishball as their Chief Strategic Officer.
Mr. Nishball in his new role will work closely with the Chairman & MD to drive the strategy to maximize Sify's global market opportunity and delivery footprint, expand the current portfolio of products and services and drive momentum to become a major global ICT player. Mr. Nishball will also assist in guiding and catalyzing Sify through its growth phase by tapping into new global venture opportunities.
Commenting on his new engagement, Mr. Nishball said, "With its systematized and scalable delivery capabilities, Sify is in an enviable position to address business opportunities across the globe. Sify has scope for immense growth in the Enterprise, Consumer and International markets. With its strategically planned investments in the last 4 years in Network, Data Centers, Application Services and now in setting up a Cable Landing Station, Sify has the core set of assets necessary to deliver networked ICT services on a global scale".
Chairman & MD, Raju Vegesna commented, "I take great pleasure in welcoming David on board. As Chief Strategic Officer, I am sure Sify will benefit from David's immense depth of experience in building and guiding businesses, domestically and internationally, and taking them to the next phase of growth."
Mr. Nishball brings over twenty nine years of experience spanning various roles and functions in the ICT and telecommunications industry, including almost 20 years in the Asia Pacific Region, most recently in India. He has built and guided the Enterprise business for a number of global operators, joint venture companies and emerging market operators, including Orange Business Services, AT&T, Concert, and Bharti Airtel (India).
Mr. Nishball is the Founder and Managing Partner of Darlington Asia Group, which provides ICT-related business development and investment advisory services. From 2007 to 2010, he was the President of Airtel Enterprise Services, based in New Delhi. Prior to joining Airtel, Mr. Nishball was a Senior Vice President, Asia Pacific, for Orange Business Services (formerly Equant), based in Singapore. From 1982-2002, he held a number of strategic positions with AT&T and its related companies, where he played a key role in supporting and managing several global ventures.
Mr. Nishball holds an MBA from the University of California, Berkeley - Walter A. Haas School of Business.
About Sify Technologies
Sify is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 600 cities and towns in India.
A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is recognized as an ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data Center operations. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use Sify's corporate service offerings.
Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services. The eLearning Services business designs, develops, and delivers state-of-the-art digital learning solutions catering to for-profit, non-profit organizations, and governmental organizations in the fields of hi-tech, engineering, environment, healthcare, education, and finance. The Remote Infrastructure Management Services provides dependable and economical solutions around managed services, hosting, and monitoring.
Consumer services include broadband home access and the ePort cyber cafe chain cross more than 200 cities and towns in India. Sify.com, the popular consumer portal, has channels on news, entertainment, finance, sports, games and shopping. Samachar.com is the popular portal aimed at non-resident Indians around the globe. The site's content is available in 8 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi and Gujarati in addition to English.
For more information about Sify, visit http://www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the 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 risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify's business, please see the discussion under the caption "Risk Factors" in the company's Annual Report on Form 20-F for the year ended March 31, 2010, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify's other reports filed with the SEC.
Contact information Sify Technologies Limited Mr. Pijush Das Investor Relations +91-44-2254-0777 (ext. 2703) [email protected] Mr. Praveen Krishna Corporate Communications +91-44-22540777 (extn.2055) [email protected] Grayling Investor Relations Ms. Truc Nguyen (ext. 418) or Mr. Christopher Chu (ext. 426) +1-646-284-9400 [email protected] or [email protected]
SOURCE Sify Technologies Limited
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