Media 
NIIT Technologies and British Airways sign multi million pound deal
New Delhi, 26 September, 2008: British Airways, the UK's premier airline has signed a multi million pound deal with one of the world's leading technology companies, NIIT Technologies Limited.
The three-year deal enables the support and testing of business critical applications across various business areas of the global airline.
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| NIIT Technologies and British Airways Contract Signing Ceremony: (L-R) Dave Weston, British Airways and Ravi Pandey NIIT Technologies |
The contract is one of the largest ever deals to be signed by NIIT Technologies within the UK airline industry and follows a twelve year relationship between the two companies.
NIIT Technologies has built on its reputation in the airline sector for providing efficiencies and savings through outsourcing by continuing to demonstrate expertise, experience and commitment towards their client's success. The organisation aids clients become more competitive by supplying a premium service.
The deal comes as the airline industry has come under increasing pressures from rising costs of fuel, the credit crunch and falling consumer confidence. British Airways has also undertaken a cost mitigation exercise with their global partners to reduce costs and maintain competitive.
Mike Doyle, British Airways IT Application Support Manager comments, "We are extremely pleased to continue our long term partnership with NIIT Technologies. They have proven to be a flexible, reliable partner evolving with our business and the technology trends within the airline industry."
Mr. Ravi Pandey, UK Head, NIIT Technologies, said, "We are proud that BA has continued to repose their faith and commitment in NIIT Technologies. NIIT is committed to working in partnership with BA towards their success and has demonstrated that for over 12 years. Our focus through specialisation in the travel and transport industry has differentiated the company. This has lead to a growing base of satisfied clients like BA. The recent No.1 ranking in the Black Book of Outsourcing 2008 in the Travel Industry survey confirms NIIT as a global leader in this sector. We aim to deliver world class service for all our clients."
About NIIT Technologies
NIIT Technologies is a leading IT solutions organisation, servicing customers in North America, Europe, Japan, Asia and Australia. It offers services in Application Development and Maintenance, Enterprise Solutions including Managed Services and Business Process Management to organisations in the Financial Services, Transportation, Retail, Manufacturing and Government sectors.
NIIT Technologies' software development processes are assessed at SEI CMMI - Level 5 Version 1.2. Its human resource processes are assessed at the highest level of maturity at PCMM Level 5. Further NIIT Technologies has processes and systems for information security management certified in accordance to the ISO 27001 standard, and its facilities offering Managed Services conform to ISO 20000 standard of Service Management.
About NIIT Technologies Travel and Transport vertical
NIIT Technologies provides a whole spectrum of services in the Travel and Transportation industry. The offerings have been successfully provided to the world's leading names in the Travel and Transport sector. Some of the offerings include Customer Solutions (Integrated IT and BPO), Travel Portal Services (Integrated IT and BPO), Reservations and GDS system development and maintenance, Integration services on OTA standards, Cargo2000 and RFID Technology, Development and Maintenance of Airline Cargo systems, Pricing and Revenue Accounting services (Integrated IT and BPO) and Logistics, Freight Forwarders and Couriers Service Offerings (Integrated IT and BPO).
Safe Harbor
Certain statements in this release are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies and unauthorized use of our intellectual property and general economic conditions affecting our industry. 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.
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Sep 26 , 2008
