NIIT Technologies acquires IT firm specializing in Travel and Financial Services

Acquisition expands Company’s European footprint

New Delhi, India, 16th August, 2011, Tuesday:

NIIT Technologies Limited, a global IT solutions organization, announced the acquisition of Proyecta Sistemas de Informacion S.A. (Proyecta), a software services company headquartered in Madrid.

The acquisition enables NIIT Technologies to enhance its European footprint with Proyecta’s successful experience in servicing industry leaders in the Travel and Financial Services segments. This coagulates NIIT Technologies front-end capabilities for larger European engagements and provides a gateway to the traditional Spanish speaking countries in Latin America.

“ We welcome Proyecta to NIIT Technologies as we strengthen our Travel and Financial Services offerings in the region, ” said , Sunil Surya, President, NIIT Technologies, Europe “Our comprehensive range of complementary services will strengthen our ability to serve our clients as a trusted IT partner.”

Proyecta S.A. with over 100 consultants has deep domain capabilities and proven track record of providing experts and high value added Airlines and Banking consultants in Spain. It has a strong relationship with leading industry players in business intelligence, web and mobility applications.

“ NIIT Technologies comprehensive offerings would enable us to provide our customers with a wider and deeper range of services. ” said Francisco Izuzquiza, Founder and Director, Proyecta Sistemas de Informacion.

NIIT Technologies EMEA presence contributes to 35% of its global revenue. The Company is ranked No.1 in customer satisfaction among all global outsourcers in the Datamonitor Black Book of Outsourcing 2010 Travel Industry survey and has held this position for three consecutive years.

About NIIT Technologies

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing to organizations in the Financial Services, Travel & Transportation, and Manufacturing/Distribution sectors. The Company adheres to major global benchmarks and standards, having secured the ISO 9001:2000 certifications and the ISO: 27001 Information Security Management accreditation. NIIT Technologies also follows global standards of development. It has been assessed at Level 5 of SEI CMMi version 1.2. NIIT Technologies Business Process Outsourcing conforms to the highest quality standards of COPC. Its data centre operations are assessed at the international ISO 20000 IT management standards.

For further information, please visit www.niit-tech.com

About Proyecta Sistemas de Informacion SA

PROYECTA, founded in 2002, is a software services company headquartered in Madrid, Spain with over 100 consultants. The company offers IT services in focused areas of Tourism, Airlines, Financial Services and Banking. It enjoys strong reputation around technical and industry expertise in the Travel & Financial Services segments.

For further information, please visit www.proyecta.es

Safe Harbor

Certain statements in this release are forward-looking statements. The business involves various risks, and uncertainties that could result in the actual results to differ materially from those indicated here. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.