Chennai, Tamil Nadu, India:Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, today announced the elevation of C R Rao as the company’s new Chief Operating Officer. Prior to this promotion, C R Rao was the company’s Vice President – Strategy, Admin & HR.
C R Rao joined Sify in 2009 as Vice President – Strategic Planning. In his new role as the Chief Operating Officer, CR Rao will work closely with the Chairman and be responsible for all operational and delivery duties concerning Sify’s multiple businesses.
Commenting on his appointment, Mr. Raju Vegesna, Chairman, Sify Technologies, said “Sify is now in its third phase of growth and is emerging as a strong player in the IT solutions and services industry, with a strong focus on Cloud based services. C R Rao will play a crucial role in ensuring operational excellence during this defining period. Over the years, Rao has established a sterling track record of being persistent in his efforts to put Sify on the growth roadmap and we welcome him as he takes on a larger role on the management team.”
Commenting on his new role, Mr. C R Rao, Chief Operating Officer, Sify Technologies, said, “The last four years have given me substantial learnings on the major factors driving growth within Sify. The company is now at a defining point in its multiple service and product lines. I look forward to the challenges of this new role, equipped with rich learnings from my previous engagements.”
Prior to joining Sify, C R Rao has over 21 years of industry experience and brings with him rich expertise in strategic planning, operational management and organizational development initiatives. A double graduate in Law and Commerce, his previous assignments were with Delta Tubes Pvt. Ltd. and Bobba Aviation Services – GSA Lufthansa Cargo.
About Sify Technologies
Sify is among the largest integrated Managed Network, IT and Software 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 1000 cities and towns in India.
A significant part of the company’s revenue is derived from Enterprise Services, which include Network and IT services, Security, Enterprise applications, Hosting and Remote Infrastructure Management Services. A varied product portfolio at multiple price points allows Sify to also cater to the burgeoning demands of the SMB/SOHO community and the retail consumer; much of it on the cloud platform.
Sify is a recognized 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 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also built a credible reputation in the emerging Cloud Computing market and is today, regarded as a domain expert. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP backhaul to long distance subscriber telephony services. With the Sify Cable landing station and the partnerships inked with several cable companies globally, Sify in present in almost all the spheres of the ICT eco system.
The company has an expanding base of Managed Services customers, both in India and overseas, and is also India’s first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.
As a solutions provider, Sify Software develops applications and offers services to improve business efficiencies of its current and prospective client bases. Sify also offers services in the specialized domains of eLearning for-profit, not-for-profit and government institutions both in India and globally. The business also operates two of the most popular portals in India, Sify.com and Samachar.com.
For more information about Sify, visit www.sifycorp.com.
Forward Looking Statement
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, 2012, 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.
Mr. Praveen Krishna, Investor Relations & Corporate Investor Relations & Corporate Communications, Sify Technologies Limited, +91 (44) 22540777 (extn.2055)