Press Release

November 8, 2007

Virtusa Named Among Top 100 Providers Of Financial Technology

Recognition Reflects Company’s Growth from Innovative Solutions

Westborough, MA – November 8, 2007 – Virtusa Corporation (NASDAQ: VRTU), a global IT services company that provides IT consulting, technology implementation and application outsourcing services, has announced its ranking on the FinTech 100, an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from the financial services industry.

Virtusa ranked 80 on the list of financial technology companies that were judged according to their global revenues. Published by American Banker and Financial Insights, the FinTech 100 is the most comprehensive vendor services ranking within the financial services industry. Thirty- five percent of Virtusa’s revenues were attributed to its banking, financial services and insurance practice in fiscal year 2007.

“We are pleased to be recognized for our strong presence in the global financial services market,” said Kris Canekeratne, Virtusa Chairman and CEO. “We count as clients some of the most well known names in the retail, wholesale and investment banking area, as well as blue chip insurance companies. Virtusa’s financial services segment is our fastest growing industry group, due to our deep client relationships, innovative solutions and optimized offshore delivery model.”

Virtusa helps banks and financial services firms enhance innovation, manage transformation and comply with regulations while driving efficiency and managing risks. Virtusa’s software platforming methodology combined with deep industry skills helps financial institutions address business needs and achieve positive, measurable ROI. Virtusa’s BPM and SOA expertise help provide a consistent enterprise view, facilitate transformation, bring best practice workflows and increase operational efficiency.

For more information about the rankings, visit:


About Virtusa

Virtusa Corporation is a global provider of digital engineering and technology services and solutions for 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. At Virtusa, digital engineering is at the heart of everything we do. We are 35,000 builders, makers, and doers that partner with customers to reimagine enterprises and creatively build solutions to the most pressing business challenges that move them to the forefront of their industries.

Virtusa’s unique “Engineering First” approach means never presenting an idea we can’t execute. With deep industry expertise and empowered agile teams made up of world-class talent, we think about execution early in the process, because the earlier you think about execution the earlier an idea can have an impact. Solving from the inside out enables businesses to respond swiftly to changing needs with improved quality, lower costs, and lasting results.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.


Media Contact:

Alex Nickols
+1 (415) 430-8056

Media Contact:
Brian Ruby/Susan Hartzell
ICR, 203-682-8268, 203-682-8238


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