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Press Release

September 26, 2008

Virtusa Corporation Launches "Sustainability Report FY08"

Demonstrating leadership by advancing responsible corporate citizenship among employees Colombo - September 26th, 2008 – Virtusa Corporation (NASDAQ:VRTU), a global information technology (IT) services company that provides IT consulting, technology implementation and application outsourcing services through an enhanced global delivery model, announced the launch of its Sustainability Report and its membership in the United Nations (UN) Global Compact initiative, in which multinational companies voluntarily commit to ecologically and socially-sustainable globalization, at an event held at its new Orion campus.

Virtusa Corporation demonstrates social leadership by advancing responsible corporate citizenship using the company's core competencies to enhance the communities in which it operates. The launch highlighted its progress with these initiatives, and was also an opportunity for Virtusans to join the corporate social responsibility (CSR) team and get involved.

"Our CSR efforts focus on driving IT education at universities and schools, and on working with the government to shape a knowledge economy and environmental initiative. We apply information technology, our core competence, to create opportunities to achieve extraordinary social results, and take great pride in creating opportunities for our clients, team members, shareholders and communities to set free their full potential," said Kris Canekeratne, Chairman and CEO Virtusa Corporation.

The UN Global Compact furthers the implementation of new principles in the fields of human rights, working conditions and practices, and environmental protection worldwide. As a new member, Virtusa plans to make information technology (IT) more available and accessible, promote digital literacy and create economic opportunities through IT. Its Campus Reach and Digital Reach initiatives, in collaboration with the government and universities, and its environmental initiatives are the pillars of its sustainability program.

Recently Virtusa Corporation was selected as one of eleven finalists for the United States Secretary of State's prestigious 2008 Award for Corporate Excellence (ACE). It recognizes Virtusa and its employees for their significant contributions to the "Sahana" disaster recovery system, its Campus Reach and Digital Reach CSR initiatives, and its IT advocacy programs to improve IT skills and curriculum in Sri Lanka.

There are nearly 5,000 members in the UN Global Compact. Organizations like Virtusa stand to gain much from this network, as it is the largest CSR network of business organizations in the world. Member organizations are recognized worldwide as having the highest standards of socially-responsible conduct and sustainability.

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

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
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

For more information contact:
Mr. Ashan Kumar
PR Consultant
Strategic Alliance PR
Exclusive Affiliate of Burson-Marsteller
Tel: 2 588 120
E-mail onashan@bates.lk

 

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