Company Honored by American Business Awards for Second Consecutive Year

WESTBOROUGH, Mass., – (August 6, 2013) – Virtusa Corporation (NASDAQ: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has earned a Bronze Stevie® Award for ‘Human Resources (HR) Department of the Year- Computer Software and Services’ in the 11th annual American Business Awards. This year, more than 3,200 nominations were submitted, and Virtusa was one of just three companies to receive an award in this category.

“We are thrilled and honored to be recognized by the American Business Awards for our innovative HR practices,” said Kris Canekeratne, chairman and CEO of Virtusa. “Our team members are at the heart of who we are and what we do, and our HR team works tirelessly to provide a stimulating environment that is both challenging and motivating. Our global commitment to our core values – pursuit of excellence, integrity, respect and leadership – is demonstrated day after day across our geographies of operation and in every single department, strengthening our ethos and bringing our global team members, no matter how close or how far, into a unified high-performance culture. For our Human Resources and team member engagement efforts to be singled out and recognized for excellence for the second year in a row is both gratifying and humbling.”

Named a “Millennial Enterprise,” Virtusa was honored for driving HR excellence on a global scale and for implementing unique development strategies and programs, particularly catered towards Millennials, who make up 86 percent of Virtusa’s workforce. The company regularly solicits feedback from team members through surveys, uses a Communications Framework platform to improve communication between team members and its leadership team, and has built custom internal social networks where Virtusans can interact and collaborate. The company holds interactive “YamJam” sessions using Yammer and leverages gamification, rewarding team members for their dedication and hard work.

“We work hard to ensure that we have the tools, technologies and programs in place to help our team members grow and succeed -- whether they’re just starting out or have been in the workforce for many years,” said Sundararajan Narayanan, vice president and global head of HR at Virtusa. “We are honored to be recognized as an innovative Millennial Enterprise by such a prestigious organization and will continue to uphold our commitment to our team members, who are the heart and soul of our organization.”

Over the past year, Virtusa has been recognized all over the globe with numerous awards, including “Best Employer” awards in the U.S., Britain, India and Sri Lanka. Recently, Virtusa was named to Britain’s Top Employers list and The Boston Globe’s Globe 100, in addition to being recognized with a Pegasystems Partner Excellence Award for ‘Thought Leadership in Legal Services.’

This is the second consecutive year Virtusa has been honored by the American Business Awards for ‘Human Resources (HR) Department of the Year.’ To see a full list of this year’s winners, please visit: http://www.stevieawards.com/pubs/awards/403_2183_22394.cfm.

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