updated 6/2/2011 8:46:41 AM ET 2011-06-02T12:46:41

TROY, Mich., June 2, 2011 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) company, today announced that the International Association of Outsourcing Professionals (IAOP) has named the Company one of the top 20 global outsourcing providers for industry-specific solutions.

In conjunction with its annual Global Outsourcing 100, the IAOP also creates several "sublists" to single out providers for their specialization in particular industry and service segments. This year, in addition to being named one of the top 50 outsourcing providers worldwide, Syntel was also honored as one of the top 20 companies providing solutions to the insurance and healthcare industries.

Syntel was also named one of the top companies providing transaction processing services to financial services clients.

The rankings are based on an independent judging panel's evaluation of criteria including size and growth, customer references, organizational competencies and management capabilities.

The complete rankings were published in the May 23rd issue of FORTUNE® magazine in a special advertising feature produced by IAOP. The complete Global Outsourcing 100 sublists are available here: http://www.iaop.org/Download/Default.aspx?ID=1606 .

About Syntel

Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of March 31, 2010, Syntel employed more than 17,600 people worldwide. To learn more, visit us at: www.syntelinc.com.

CONTACT: Jon Luebke - Syntel 
         248-619-3503
         jon_luebke@syntelinc.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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