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Governor Rick Scott attends the Grand Opening of Mindtree Limited's first U.S. Delivery Center

Company’s U.S. expansion to bring 400 jobs to Gainesville

Nov. 13, 2012 (Gainesville, Fla.):

Today, Governor Rick Scott joined Mindtree Limited’s co-founders Krishnakumar Natarajan and Scott Staples as well as a host of other local officials for the ribbon cutting of Mindtree Limited’s first U.S. Delivery Center in Gainesville.

Since Governor Scott announced the project in March, 47 people have been hired at the global information technology company – including University of Florida (UF) and Santa Fe College recent graduates, veterans of the U.S. Armed Forces and executives who were laid off from other companies during the recession. A total of 400 new jobs will be created over the next five years and a $2.925 million capital investment in Ayers Building at Innovation Square. To date, Mindtree has already invested more than $1.6 million in the project.

"With today’s ribbon cutting and tour, it is easy to see the positive impact that Mindtree has already made in the Gainesville community and I am confident that we will continue to see great things from them in the future,” said Governor Rick Scott. “With the largest unemployment drop in the nation, Florida’s economy is headed in the right direction and we will continue our efforts to attract companies like Mindtree that can provide needed jobs for our residents.”

Mindtree’s new U.S. Delivery Center is the first outside of India for Mindtree and is part of the company’s strategy to broaden its IT and software consulting offerings to its clients in the United States.

"We are very happy to have completed our first U.S. Delivery Center in Gainesville," said Scott Staples, president, Americas, Mindtree Limited. "Mindtree has received great support from the City and the State and we are ready to bring our expertise and unique corporate culture to Florida. This was a big team effort, and one that is extremely important to our company.”

Mindtree, a global IT solutions company, announced its U.S. expansion in March, choosing Gainesville over sites in Alabama and South Carolina. The Gainesville Area Chamber of Commerce and the Council for Economic Outreach worked with local and state partners including representatives from the University of Florida, Santa Fe College, the City of Gainesville, Alachua County, FloridaWorks the Alachua County School Board and Enterprise Florida, Inc. to show Mindtree leaders that Gainesville fits Mindtree’s culture.

About Enterprise Florida

Enterprise Florida, Inc. (www.eflorida.com) is a partnership between Florida's business and government leaders and is the principal economic development organization for the state of Florida. Headquartered in Orlando, Enterprise Florida’s mission is to facilitate job growth for Florida’s businesses and citizens leading to a vibrant statewide economy. In pursuit of its mission, Enterprise Florida works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.

About Mindtree

Mindtree is a global information technology solutions company with revenues of over USD 430 million. Our 12,000+ experts are driven to engineer meaningful technology solutions to help businesses and societies flourish.

Mindtree’s consulting-driven approach makes us a strategic partner to over 40 Fortune 500 enterprises. Our domain expertise, unique culture and technical excellence help businesses thrive and be future-ready. We enable our customers achieve competitive advantage through flexible and next generation global delivery models, agile methodologies and expert frameworks.

Mindtree’s ability to devise solutions is equally matched by our ability to execute them. Our differentiation stems from a unique balance of human perspective with deep strategic thinking.

Our values - collaborative spirit, unrelenting dedication and expert thinking help us see possibilities where others see a full stop.

Welcome to possible.

Visit us at www.mindtree.com. For more information, contact:

Divya Kurup
Mindtree Limited
+91 97390 42317
Divya_Kurup@mindtree.com

Joanne Hogue
LVA Communications
410-658-8246
joanne@lva.com