The Mosaic Company and iGATE Patni Strengthen Partnership With Global Service Desk Deal
iGATE Corporation
25.10.2011 07:24
---------------------------------------------------------------------------
Leveraging iGATE Patni Pensacola Center for Hybrid Delivery, the Engagement
Will Generate Employment Opportunities in U.S. While Providing Improved Service
to Mosaic's Global Customers
FREMONT, Calif. and MUMBAI, India, 2011-10-25 07:24 CEST (GLOBE NEWSWIRE) --
iGATE Patni, the integrated technology and operations brand providing Business
Outcomes-based solutions, today announced that it is extending its
multi-million-dollar, multi-year contract with the The Mosaic Company
(NYSE:MOS) to provide Global Service Desk support in English, Latin American,
and APAC languages. The Mosaic Company is one of the world's leading producers
and marketers of concentrated phosphate and potash crop nutrients. iGATE Patni
will leverage its delivery center in Pensacola, Florida, to deliver English
language support to Mosaic worldwide users. In line with the joint initiative
of iGATE Patni and Mosaic, the engagement is expected to generate additional
jobs in Pensacola center which currently employs more than 200 people.
The Mosaic Company is the top producer of concentrated phosphate and potash
crop nutrients in the world with 7,700 people worldwide, distribution
facilities in 10 countries and servicing customers in 30 countries. Mosaic's
business engages in every phase of crop nutrition development, from the mining
of resources to the production of crop nutrients, feed and industrial products
for customers around the globe.
As part of the Global Service Desk support engagement, iGATE Patni will also
provide multi-lingual support in English, Portuguese, Spanish and Mandarin
through its global delivery centers. The deal will help improve Mosaic's IT
performance to business. iGATE Patni also delivers SAP implementation and
support, testing and DBA support services to The Mosaic Company.
Doug Mills, CIO, The Mosaic Company, said, 'We are committed to providing our
users across the world best-in-class global support services. Working with
iGATE Patni allows us to establish 24x7 global support model to deliver
improved customer service in multiple languages, enhanced service levels and
business continuity. We chose iGATE Patni because of its clear commitment to
our partnership, flexibility and proven technical and domain expertise.'
'We are delighted that The Mosaic Company has partnered with iGATE Patni to
deliver world-class standardized service desk experience to its global users in
multiple languages across a diverse application portfolio,' said Robert Massie,
Head of Sales for North America, iGATE Patni. 'This strengthened engagement is
testimony to our strategic relationship with The Mosaic Company; a relationship
built on customer centricity and aligned business goals. In line with our joint
vision, this engagement will create employment opportunities in U.S. The deal
also reflects increasing globalization of services requiring smart-sourcing and
hybrid delivery models.'
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of
concentrated phosphate and potash crop nutrients. Mosaic is a single-source
provider of phosphate and potash fertilizers and feed ingredients for the
global agriculture industry. More information on the company is available at
www.mosaicco.com.
About iGATE Patni
'iGATE Patni' is the common brand identity of two organizations -- iGATE
Corporation (Nasdaq:IGTE) and Patni Computer Systems Limited (Patni). With
iGATE having acquired a majority stake in Patni, the two companies, under the
common brand iGATE Patni, jointly provide full-spectrum consulting, technology
and business process outsourcing, and product engineering services on a
Business Outcomes-based model. Armed with over three decades of IT Services
experience and powered by the iTOPS (Integrated Technology and Operations)
platform, iGATE Patni's multi-location global organization with a talent pool
of 26,000+ people, consistently delivers effective solutions to over 360
Fortune 1000 clients spanning across verticals like: banking & financial
services; insurance & healthcare; life sciences; manufacturing, retail,
distribution & logistics; media, entertainment leisure & travel; communication,
energy & utilities; public sector; and independent software vendors. Visit:
www.igatepatni.com
iGATE Corporation is listed on NASDAQ (IGTE), and Patni Computer Systems
Limited on the Bombay Stock Exchange (532517), the National Stock Exchange of
India (PATNI) and NYSE (PTI).
The iGATE Patni brand logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5150
Safe Harbor:
Certain statements in this release concerning our future growth prospects are
forward-looking statements, which involve a number of risks, and uncertainties
that could cause actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, our ability to manage growth, intense competition in
IT services including those factors which may affect our cost advantage, wage
increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time frame
contracts, client concentration, restrictions on immigration, our ability to
manage our international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, liability for damages
on our service contracts, the success of the companies in which iGATE and Patni
have made strategic investments, withdrawal of governmental fiscal incentives,
political instability, legal restrictions on raising capital or acquiring
companies outside India, and unauthorized use of our intellectual property and
general economic conditions affecting our industry. Additional risks relating
to us are set forth in the iGATE Annual Report on Form 10-K for the fiscal year
ended December 31, 2010, as well as its other reports filed with the Securities
and Exchange Commission. Actual results may differ materially from those
contained in the forward-looking statements in this press release. Any
forward-looking statements are based on information currently available to us
and we assume no obligation to update these statements as circumstances change.
CONTACT: Prabhanjan Deshpande 'PD'
Corporate Communication and Media Relations
PD@igatepatni.com
+91 80 4104 5006
PAN Communications
Mike O'Connell / Gene Carozza
igatepatni@pancomm.com
617-502-4300
News Source: NASDAQ OMX
25.10.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: iGATE Corporation
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901036403
WKN:
End of Announcement DGAP News-Service
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iGATE Corporation
25.10.2011 07:24
---------------------------------------------------------------------------
Leveraging iGATE Patni Pensacola Center for Hybrid Delivery, the Engagement
Will Generate Employment Opportunities in U.S. While Providing Improved Service
to Mosaic's Global Customers
FREMONT, Calif. and MUMBAI, India, 2011-10-25 07:24 CEST (GLOBE NEWSWIRE) --
iGATE Patni, the integrated technology and operations brand providing Business
Outcomes-based solutions, today announced that it is extending its
multi-million-dollar, multi-year contract with the The Mosaic Company
(NYSE:MOS) to provide Global Service Desk support in English, Latin American,
and APAC languages. The Mosaic Company is one of the world's leading producers
and marketers of concentrated phosphate and potash crop nutrients. iGATE Patni
will leverage its delivery center in Pensacola, Florida, to deliver English
language support to Mosaic worldwide users. In line with the joint initiative
of iGATE Patni and Mosaic, the engagement is expected to generate additional
jobs in Pensacola center which currently employs more than 200 people.
The Mosaic Company is the top producer of concentrated phosphate and potash
crop nutrients in the world with 7,700 people worldwide, distribution
facilities in 10 countries and servicing customers in 30 countries. Mosaic's
business engages in every phase of crop nutrition development, from the mining
of resources to the production of crop nutrients, feed and industrial products
for customers around the globe.
As part of the Global Service Desk support engagement, iGATE Patni will also
provide multi-lingual support in English, Portuguese, Spanish and Mandarin
through its global delivery centers. The deal will help improve Mosaic's IT
performance to business. iGATE Patni also delivers SAP implementation and
support, testing and DBA support services to The Mosaic Company.
Doug Mills, CIO, The Mosaic Company, said, 'We are committed to providing our
users across the world best-in-class global support services. Working with
iGATE Patni allows us to establish 24x7 global support model to deliver
improved customer service in multiple languages, enhanced service levels and
business continuity. We chose iGATE Patni because of its clear commitment to
our partnership, flexibility and proven technical and domain expertise.'
'We are delighted that The Mosaic Company has partnered with iGATE Patni to
deliver world-class standardized service desk experience to its global users in
multiple languages across a diverse application portfolio,' said Robert Massie,
Head of Sales for North America, iGATE Patni. 'This strengthened engagement is
testimony to our strategic relationship with The Mosaic Company; a relationship
built on customer centricity and aligned business goals. In line with our joint
vision, this engagement will create employment opportunities in U.S. The deal
also reflects increasing globalization of services requiring smart-sourcing and
hybrid delivery models.'
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of
concentrated phosphate and potash crop nutrients. Mosaic is a single-source
provider of phosphate and potash fertilizers and feed ingredients for the
global agriculture industry. More information on the company is available at
www.mosaicco.com.
About iGATE Patni
'iGATE Patni' is the common brand identity of two organizations -- iGATE
Corporation (Nasdaq:IGTE) and Patni Computer Systems Limited (Patni). With
iGATE having acquired a majority stake in Patni, the two companies, under the
common brand iGATE Patni, jointly provide full-spectrum consulting, technology
and business process outsourcing, and product engineering services on a
Business Outcomes-based model. Armed with over three decades of IT Services
experience and powered by the iTOPS (Integrated Technology and Operations)
platform, iGATE Patni's multi-location global organization with a talent pool
of 26,000+ people, consistently delivers effective solutions to over 360
Fortune 1000 clients spanning across verticals like: banking & financial
services; insurance & healthcare; life sciences; manufacturing, retail,
distribution & logistics; media, entertainment leisure & travel; communication,
energy & utilities; public sector; and independent software vendors. Visit:
www.igatepatni.com
iGATE Corporation is listed on NASDAQ (IGTE), and Patni Computer Systems
Limited on the Bombay Stock Exchange (532517), the National Stock Exchange of
India (PATNI) and NYSE (PTI).
The iGATE Patni brand logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5150
Safe Harbor:
Certain statements in this release concerning our future growth prospects are
forward-looking statements, which involve a number of risks, and uncertainties
that could cause actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, our ability to manage growth, intense competition in
IT services including those factors which may affect our cost advantage, wage
increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time frame
contracts, client concentration, restrictions on immigration, our ability to
manage our international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, liability for damages
on our service contracts, the success of the companies in which iGATE and Patni
have made strategic investments, withdrawal of governmental fiscal incentives,
political instability, legal restrictions on raising capital or acquiring
companies outside India, and unauthorized use of our intellectual property and
general economic conditions affecting our industry. Additional risks relating
to us are set forth in the iGATE Annual Report on Form 10-K for the fiscal year
ended December 31, 2010, as well as its other reports filed with the Securities
and Exchange Commission. Actual results may differ materially from those
contained in the forward-looking statements in this press release. Any
forward-looking statements are based on information currently available to us
and we assume no obligation to update these statements as circumstances change.
CONTACT: Prabhanjan Deshpande 'PD'
Corporate Communication and Media Relations
PD@igatepatni.com
+91 80 4104 5006
PAN Communications
Mike O'Connell / Gene Carozza
igatepatni@pancomm.com
617-502-4300
News Source: NASDAQ OMX
25.10.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: iGATE Corporation
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901036403
WKN:
End of Announcement DGAP News-Service
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