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Virtusa Signs MoU With Siddhartha Engineering College

To provide certification and multi-skill program for students

Vijayawada, 18th March, 2008: Virtusa Corporation (NASDAQ: VRTU) today signed a Memorandum of Understanding (MoU) with Siddhartha Engineering College, Vijayawada, to provide certification and multi-skill programs for students and help the college align its curriculum with information technology (IT) trends. The MoU, which was signed by Mr. Keith Modder, Executive Vice President & Managing Director, Asian Operations–Virtusa, and Dr. K. R. K. Prasad, Principal, Siddhartha Engineering College, Vijayawada, seals the commitment of the two organizations to provide state-of-the-industry education.

The MoU envisages special lectures, a project bank for students, and student projects at Virtusa facilities, with the goal of enhancing student skills and employability. Siddhartha students will interact with experts from Virtusa, and its faculty will benefit from Virtusa training. Virtusa will be open for campus visits to give students firsthand experience in an IT firm.

The relationship will also help align Siddhartha’s curriculum with IT industry standards and technology trends, better equipping students with the right skills when they step into the professional IT world.

Speaking at the event, Mr. Keith Modder said, “The objective of Virtusa’s MoU with Siddhartha Engineering College is to promote effective learning practices that enable students to develop state-of-the-industry skills. Through our Campus Reach initiative, Virtusa is committed to improving students’ employability and productivity in the global knowledge-based economy”.

Dr. K. R. K. Prasad, Principal of Siddhartha Engineering College, added, “The relationship with Virtusa is a milestone in our program to provide industry-oriented courseware, technology and facilities for our students. The Virtusa campus visits will give our students a first-hand feel of the industry. Virtusa is opening new opportunities for our students, and we will benefit greatly from this partnership.”

About Virtusa Corporation

Virtusa Corporation (NASDAQ: VRTU) is a global information technology (IT) services company providing IT consulting, technology and outsourcing services. Using our enhanced global delivery model, innovative platforming approach and industry expertise, we provide cost-effective services that enable our clients to use IT to enhance business performance, accelerate time-to-market, increase productivity and improve customer service.

We serve Global 2000 enterprises and the leading software vendors in communications & technology; banking, financial services & insurance; and media & information industries. We build and sustain application platforms for our clients that create competitive advantage.

Founded in 1996 and headquartered in Massachusetts, we have offices and technology centers throughout the U.S., U.K. and Asia.

"Virtusa" is a trademark of the company and a registered trademark in the US, European Union (EU) and in India.

About Siddhartha Engineering College

Velgapudi Ramakrishna Siddhartha Engineering College popularly known as Siddhartha Engineering College and VRSEC was started in 1977, the first private Engineering College in the State of Andhra Pradesh. The institution is ideally located in a vast expanse of 40 acres of land on the out skirts of Vijayawada city at a distance of about 6 kms from the city centre. The departmental buildings are located in close proximity of each other with wide open spaces all around. The playfields and other student and staff amenities are within working distances from the faculty blocks.

The teaching staff, totaling 120 at present, comprises well qualified professionals with varied experience and back-ground. The faculty members take interest in continuing education and are actively engaged in research work and publish their findings regularly in standard national and international journals. Some of the faculty members received awards for their publications.

Equipment-wise staff-wise, this institution is outstanding as opined by various Inspection Committees including an Expert Committee of All India Council for Technical Education (A .I. C. T. E). The National board of Accreditation awarded Accreditation grades for a period of 3 years, in respect of Mechanical Engineering, civil Engineering, Electrical and Electronics, Electronics and Communications Engineering and Computer Science & Engineering. The college was granted Autonomous Status by UGC.

Sridhar Chandrasekar
Virtusa Corp.
Ph: + 91 98408 55533

Sumitha Krishnamoorthy
20:20 MEDIA
Ph: + 91 97890 95095

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