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Press Release

July 21, 2016

VirtusaPolaris Receives Stevie Award Recognitions for Investor Relations and Technical Innovation

WESTBOROUGH, Mass., – (July 21, 2016) – VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing services, today announced that it has been awarded two Stevie Award recognitions; a Gold award for Investor Relations and a Silver award for Most Innovative Technology Company of the Year. The American Business Awards are presented by the Stevie Awards, a U.S.-based business awards program.

“We’re honored to receive these Stevie Awards in recognition of our investor relations program, and for being one of the most innovative companies in the technology industry,” said Ranjan Kalia, chief financial officer, VirtusaPolaris. “We pride ourselves on constantly striving to develop the most innovative solution sets that accelerate business outcomes for our clients. That same dedication to excellence extends to our investor relations program, where our guiding principles are to maintain a high level of transparency and visibility with the investment community at all times.”

As a Gold winner in Investor Relations, VirtusaPolaris was recognized for its comprehensive and deep engagement with its investors and the financial community, providing transparency and extensive information in terms of stock coverage and pricing. VirtusaPolaris was also hailed for the execution of its acquisition of Polaris Consulting & Services, managing a major deal of high complexity.

In the Most Innovative Technology Company of the Year category, VirtusaPolaris was honored for its creative technical environments that nurture innovation, supported by a strong technical team to help its customers achieve profitability. Among its services and offerings that impact business value and bring innovation to the table, VirtusaPolaris was recognized for its InsightLive and Centroid solutions that reduce errors, while increasing service quality and profitability.

“We’re humbled and honored to receive this recognition which showcases our continued success in technology innovation,” said Chandika Mendis, global head of Engineering, VirtusaPolaris. “Our philosophy has always been to accelerate every phase of the systems development life cycle and provide those benefits back to our clients, while simultaneously creating an engaging environment for development teams. We’ve seen tremendous value for our clients as well as our team members from this approach.”

This year’s awards were presented to VirtusaPolaris during The 14th Annual American Business Awards banquet on June 20, 2016 at the Marriott Marquis Hotel in New York City.

VirtusaPolaris is a leading worldwide provider of information technology (IT) consulting and outsourcing services, having received several recognitions, including being named to the IAOP® Global Outsourcing 100 list, a Star Performer in Large Insurance Application Outsourcing Relationships by Everest Group, a Top 10 Sourcing Service Provider by ISG, and to the Gartner Magic Quadrant for IT Services for Communications Service Providers.

 

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

Contact:
Ron Favali
Conversion Marketing
ron@conversionam.com
727-512-4490



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