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Press Release

April 22, 2010

IAOP Names Virtusa a Best Ten Leader for the Entertainment and Media Industry

Company Recognized in 2010 Global Outsourcing 100® Sub-List

WESTBOROUGH, MA – (April 22, 2010)Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced that the International Association of Outsourcing Professionals (IAOP) has named it a Best 10 leader for Entertainment and Media, a sub-list of the 2010 Global Outsourcing 100 list.

The Global Outsourcing 100 is an independently judged ranking of the World's best outsourcing service providers and advisors. The list and its sub-lists include service provider and advisory companies from around the world and are essential references for companies seeking new and expanded relationships with the best companies in the industry.

Entertainment and Media businesses—from publishers to information providers, to syndicators and advertisers—are rapidly shifting into digital content and multi-channel distribution models, driven by technological advances and the demand for personalized content. These organizations are being challenged to open more distribution channels, address enterprise-level asset management, improve processes and offer services in multiple delivery formats. As a result, they’re looking for ways to augment content value and provide superior services at faster speeds and lower costs.

Virtusa’s Media, Information & Entertainment (MI&E) industry offerings enable companies to leverage new media forces like Web 2.0, Rich Internet Applications (RIA) and Search Engine Optimization (SEO) to expand and enhance their content and services. Using its time-tested Global Delivery Model and Platforming methodology, Virtusa helps these organizations leverage innovative technology and industry-standard processes, ensure efficient utilization of digital assets, protect enterprise and personal data, and rationalize systems and content sources.

"We are honored to be recognized by the IAOP,” commented Kris Canekeratne, Chairman and CEO at Virtusa. “The Web has created many opportunities for the Entertainment and Media industry by providing infinite possibilities for developing and delivering content. Our consultants and expert solutions help our clients fully leverage and converge multiple channels enabling them to maximize exposure and revenue for each piece of content they produce.”

The full 2010 Global Outsourcing service provider and advisor list with rankings, as well as the sub lists can be accessed on IAOP's Web site, at http://www.iaop.org/

About IAOP
The International Association of Outsourcing Professionals (IAOP) is the global, standard-setting organization and advocate for the outsourcing profession. With more than 100,000 customer, advisor and provider members worldwide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn more, visit http://www.iaop.org

 

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:

Matt Berry
Conversion Marketing
(201) 370-9133
matt@conversionam.com

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