MILPITAS, CALIF., Aug. 22, 2014 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, has been awarded the prestigious Golden Peacock Award for the year 2014. The award was presented this evening in Chennai, India.
The Golden Peacock Awards are held annually to recognize and encourage best management practices that accelerate an organization's improvement. The applications for Golden Peacock Awards are assessed at 3 three levels by independent assessors and finally by a Grand Jury. This year, the awards jury was headed by Justice (Dr.) Arijit Pasayat, former Judge, Supreme Court of India.
Golden Peacock Awards Secretariat receives over 1,000 entries per year across 15 categories. The Awards Secretariat comprises an Expert Evaluation Committee of members from various sectors and the applications are assessed on an exhaustive set of parameters that covered Corporate Governance, Business Excellence, Human Resource practices, Compliance norms and Reporting standards.
On receiving the award, Mr. Raju Vegesna, Chairman and Managing Director, Sify Technologies, said, "When a respected body like the Institute of Directors recognizes and awards us, it is among the finest validation of our management practices. Corporate Governance, Business Excellence and Industry best practices have been key focus areas for the leadership team at Sify. This award comes at a juncture when we are on a promising growth path and it endorses our transformation into a leading IT Solutions and Services company."
About Golden Peacock Awards
Golden Peacock Awards, instituted by the Institute of Directors, India in 1991, are now regarded as a benchmark of Corporate Excellence worldwide. Today Golden Peacock Awards Secretariat receives over 1,000 entries per year for various awards, from over 25 countries worldwide. All sectors of businesses, both in manufacturing and service, whether Public, Private, Government, NGO's self-accounting Institution, Business Units, are eligible to apply for the award. Individual leadership awards are determined through nomination only, based on complete career profile and achievements.
For more information, please visit http://www.goldenpeacockawards.com/
About Sify Technologies
Sify is among the largest integrated ICT Solutions and 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 1300 cities and towns in India. This telecom network today connects 36 Data Centres across India including Sify's 6 Tier III Data Centres across the cities of Chennai, Mumbai, Delhi and Bengaluru.
A significant part of the company's revenue is derived from Enterprise Services, comprised of Telecom services, Data Centre services, Cloud and Managed services, Applications Integration services and Technology Integration services. Sify also provides services that cater to the burgeoning demands of the SMB community, much of it on its Cloud services platform.
Sify is ISO 9001:2008 certified for Enterprise Sales, Provisioning, support and customer relationship management of ICT solutions and services including VPN, Network, Voice, Data Centre hosting, Integration services, security services and managed services. Sify has been certified in ISO / IEC 20000 - 1:2011 and ISO/IEC 27001:2005 certified for Internet Data Centre operations. Sify has been certified in SSAE16 SOC2 Type II for Cloud Infrastructure and in TL 9000 for Enterprise Network Services, Network Integration Services including Design, Implementation and Support services. The latter certification is telecommunication industry's quality system standard that expands the requirements of the International Standards Organization's ISO 9000 quality management standard in use by industries worldwide. Sify has licenses to operate NLD (National Long Distance), ILD (International Long Distance) services and ISP services and offers VoIP backhaul for international carriers. With the Sify Cable landing station and partnerships with submarine cable companies globally, Sify is present in almost all the spheres of the ICT eco system.
Sify has an expanding base of Managed Services customers, both in India and overseas, and is India's first enterprise managed services provider to launch a Security Operations Centre (SOC) to deliver managed security services. The software team 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, both in India and globally.
For more information about Sify, visit 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, 2014, 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.