Adventity launches global delivery center in Chennai

Chennai

March 4th, 2008

Adventity announced the opening of its latest global delivery center in
Chennai. Thiru A Raja, Honorable Union Minister for Communications and IT,
inaugurated the facility. He noted, "Chennai provides a strong combination
of talent and infrastructure, while providing a competitive advantage for
customers operating across the globe. This city has emerged as a leading IT and
ITeS destination and is highly equipped with technical resources to support a
host of quality financial services. Adventity's decision to expand its presence
here is a testament to the area's highly skilled workforce and business
environment."

This GDC is Adventity's fifth delivery center in India, and the first outside
Mumbai, bringing the company's capacity to over 300,000 sqft. Adventity, which
currently employs over 4,000 professionals, is expected to double its headcount
over the next 18 months.

Adventity will offer the following services from Chennai: Financial,
business, and market research and analytics services to the global investment
banking, research and asset management markets; Turn-key credit, debit and
loyalty cards program management and transaction processing 'service bureau'
service for the global market; Airline and travel services ranging from
quantitative customer analytics, technology-independent outsourced revenue
accounting and recovery services, and customer contact services and Offshore
mortgage origination, processing and servicing capabilities for the US market

Kumar Subramanian, CEO, Adventity India added, "We chose Chennai for our
new facility owing to the brilliant talent this city offers and the excellent
infrastructure facilities available here, all of these will help us continue to
deliver customer excellence via integrated solutions. Our global delivery center
in Chennai reinforces our leadership position in the global outsourcing industry
and will continue to play a significant role in our growth plans."