Company Honored for Meeting Highest Standards of HR Excellence

WESTBOROUGH, Mass - July 24, 2012-Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, today announced that it has earned a Silver Stevie^® Award for "Human Resources (HR) Department of the Year." The company was honored for displaying excellence in HR policies, benefits, training, career development and workplace setting.

“We are honored to receive this prestigious recognition for our HR team who have worked hard to ensure the well-being of our global team members,” said Kris Canekeratne, Virtusa chairman and CEO. “They have created an employee engagement model that is a key component of our ability to accelerate business outcomes and help our clients achieve their business goals and objectives.”

“Through training and career development programs, as well as exceptional working conditions and employee benefits, we are committed to fostering the personal and professional growth of our employees,” said Sundararajan Narayanan, vice president and Global Head of HR, Virtusa.

The Stevie Awards, which includes The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business and The Stevie Awards for Sales & Customer Service, are judged each year by more than 200 executives. The awards honor the achievements and positive contributions of organizations and business people worldwide in a wide range of categories. More than 3,000 nominations were submitted this year, and Virtusa was just one of two companies that earned a Silver Stevie in the Human Resources category.

“We’re delighted that the first of our two American Business Awards banquets honored so many deserving organizations and executives,” said Michael Gallagher, president and founder of the Stevie Awards. “It’s gratifying and inspiring to have received so many remarkable entries for this year’s competition.”

Winners of the 10^th Annual American Business Awards were honored during a gala banquet on June 18, 2012 at the Marriott Marquis Hotel in New York City. To see a full list of winners visit the website: http://www.stevieawards.com/aba/

Virtusa has won numerous awards over the past year, including being named to Britain’s Top Employers for 2012, Forbes’ 2011 Best Small Companies in America, the 2011 FinTech 100, Dataquest-CMR Top 20 Best IT Employers in India for 2011 and the 2011 Global Services 100. Virtusa has also earned recognition as a recipient of Pegasystems’ first annual Partner Excellence Awards.

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