TROY, Mich., Dec. 10, 2013 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced it has inaugurated a new development center in suburban Baltimore, Maryland to expand the Company's capacity to deliver solutions for its clients. Syntel's new Maryland center is Syntel's fourth delivery center in the USA and complements its facilities in Phoenix, Nashville and Memphis. With seating for more than 300 people, this innovative facility was designed specifically to enable Agile software development. An open office layout and unique seating arrangements enable Syntel and client team members to work side-by-side without partitions or walls, to create a truly integrated, collaborative environment. Syntel's Maryland center also incorporates the latest in security and network technology, including biometric access controls and redundant connectivity to Syntel's global data network. "Geographic expansion is a key strategy for Syntel moving forward," said Prashant Ranade, Syntel CEO and President. "Our ability to provide flexible sourcing options for our clients, tap into the best talent and provide world-class facilities is essential to our goal of providing the highest levels of customer service." "The global outsourcing market is expanding rapidly, and this new development center will enable Syntel to stay ahead of client demands and offer higher levels of security and client comfort," said Ranade. Syntel, a U.S.-owned and operated company, has made significant investments in its infrastructure within the past year, breaking ground on a new 100-acre development in Tirunelveli, India, expanding its existing campuses in Pune and Chennai, India, and opening a new facility in Manila, Philippines. About Syntel Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of September 30, 2013, Syntel employed more than 22,000 people worldwide. To learn more, visit us at: www.syntelinc.com. Safe Harbor Provision This news release includes forward-looking statements, including those 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 Report on Form 10-K for the year ended December 31, 2012, the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2013 or from other factors not currently anticipated.
CONTACT: North America/Europe: Jon Luebke, Syntel 248/619-3503 firstname.lastname@example.org Asia/Pacific: Sikta Samantaray +91 9167512186 email@example.com