Syntel and BEA Systems Form an Alliance to Provide E-Business Solutions

Apr 02, 2001, 01:00 ET from Syntel

    TROY, Mich., April 2 /PRNewswire/ -- Syntel (Nasdaq:   SYNT), a leading
 e-Business and Applications Outsourcing firm today announced an alliance with
 BEA Systems, Inc., one of the world's leading e-Business infrastructure
 software companies, intended to deliver e-Business software to Global 2000
 companies.  In addition, Syntel has joined the BEA Star Partner Program.
     Under the agreement, Syntel plans to provide implementation services for
 e-commerce solutions built on the BEA WebLogic(R) E-Business Platform, with
 the market-leading BEA WebLogic Server(TM).  Presently, Syntel and BEA are
 working together to implement a BEA WebLogic-based solution for a Fortune 100
 customer in the financial services industry.  The relationship will enable BEA
 and Syntel to work together to develop highly scalable, Java-based solutions
 that allow businesses to design, build and run applications for enabling
 e-Business.
     "We are pleased to add BEA's e-Business infrastructure products to
 Syntel's comprehensive suite of advanced technology solutions.  Our
 integration expertise and Global Delivery Service combined with the
 market-leading BEA WebLogic Server platform will provide our customers with
 outstanding technology and service," said Rajiv Tandon, Syntel's Senior Vice
 President of North American Operations.
 
     About Syntel
     Syntel (Nasdaq:   SYNT) is a global e-Business and applications outsourcing
 company that delivers real-world technology solutions to Global 2000
 corporations.  Syntel's portfolio of services includes e-Business development
 and integration, wireless solutions, data warehousing, eCRM, as well as
 complex application development and enterprise integration services.  The
 company was the first US-based firm to launch a Global Delivery Service to
 drive speed-to-market and quality advantages for its customers.  Syntel's
 2,400 employees operate from centers in the US, Europe, and Asia.  To learn
 more, visit us at: www.syntelinc.com.
 
     Safe Harbor Provision
     This news release includes forward-looking statements, including with
 respect to the future level of business for Syntel, Inc.  These statements are
 necessarily subject to risk and uncertainty.  Actual results could differ
 materially from those projected in these forward-looking statements as a
 result of certain risk factors set forth in the Company's Annual Form 10-K
 document dated March 30, 2000.  Factors that could cause results to differ
 materially from those set forth above include general trends and developments
 in the information technology industry, which is subject to rapid
 technological changes, and the Company's concentration of sales in a
 relatively small number of large customers, as well as intense competition in
 the information technology industry, which the Company believes will increase.
 
 

SOURCE Syntel
    TROY, Mich., April 2 /PRNewswire/ -- Syntel (Nasdaq:   SYNT), a leading
 e-Business and Applications Outsourcing firm today announced an alliance with
 BEA Systems, Inc., one of the world's leading e-Business infrastructure
 software companies, intended to deliver e-Business software to Global 2000
 companies.  In addition, Syntel has joined the BEA Star Partner Program.
     Under the agreement, Syntel plans to provide implementation services for
 e-commerce solutions built on the BEA WebLogic(R) E-Business Platform, with
 the market-leading BEA WebLogic Server(TM).  Presently, Syntel and BEA are
 working together to implement a BEA WebLogic-based solution for a Fortune 100
 customer in the financial services industry.  The relationship will enable BEA
 and Syntel to work together to develop highly scalable, Java-based solutions
 that allow businesses to design, build and run applications for enabling
 e-Business.
     "We are pleased to add BEA's e-Business infrastructure products to
 Syntel's comprehensive suite of advanced technology solutions.  Our
 integration expertise and Global Delivery Service combined with the
 market-leading BEA WebLogic Server platform will provide our customers with
 outstanding technology and service," said Rajiv Tandon, Syntel's Senior Vice
 President of North American Operations.
 
     About Syntel
     Syntel (Nasdaq:   SYNT) is a global e-Business and applications outsourcing
 company that delivers real-world technology solutions to Global 2000
 corporations.  Syntel's portfolio of services includes e-Business development
 and integration, wireless solutions, data warehousing, eCRM, as well as
 complex application development and enterprise integration services.  The
 company was the first US-based firm to launch a Global Delivery Service to
 drive speed-to-market and quality advantages for its customers.  Syntel's
 2,400 employees operate from centers in the US, Europe, and Asia.  To learn
 more, visit us at: www.syntelinc.com.
 
     Safe Harbor Provision
     This news release includes forward-looking statements, including with
 respect to the future level of business for Syntel, Inc.  These statements are
 necessarily subject to risk and uncertainty.  Actual results could differ
 materially from those projected in these forward-looking statements as a
 result of certain risk factors set forth in the Company's Annual Form 10-K
 document dated March 30, 2000.  Factors that could cause results to differ
 materially from those set forth above include general trends and developments
 in the information technology industry, which is subject to rapid
 technological changes, and the Company's concentration of sales in a
 relatively small number of large customers, as well as intense competition in
 the information technology industry, which the Company believes will increase.
 
 SOURCE  Syntel