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Mindtree becomes first Indian company to receive Texas Instruments Supplier Excellence Award

April 9, 2009 - Bangalore, INDIA

MindTree Ltd., a global IT Solutions Company, today announced that it is a recipient of the Texas Instruments (TI) 2008 Supplier Excellence Award, making it the first Indian company to ever receive this honor. Working with TI in areas including wireless communications, consumer electronics, and automotive and medical technologies, MindTree has been chosen for its exemplary performance spanning Cost, Environmental Responsibility, Technology, Responsiveness, Assurance of Supply, and Quality.

texas instruments supplier excellence award

May 11, 2009: Dr Biswadip (Bobby) Mitra, President & Managing Director, Texas Instruments India hands over the TI 2008 Supplier Excellence Award to MindTree Executive Chairman Ashok Soota at an award ceremony today, the 11th of May, 2009. MindTree is the first ever Indian company to receive this honor.

"The goal of the Supplier Excellence Award is to recognize suppliers who make significant contributions to TI's business success through outstanding performance and continuous improvement in providing goods or services," said Bruce Allen, Engineering Services Procurement Manager, Texas Instruments. "MindTree has excelled in all aspects of delivery and quality, and demonstrated clear value to TI's business goals through differentiated offerings and focus on frameworks and IP. We are pleased to bestow them with this honor."

"MindTree has set itself apart from numerous other suppliers based on our criteria of cost, environmental responsibility, technology, responsiveness, and assurance of supply and quality," said Dr. Biswadip (Bobby) Mitra, President & Managing Director, Texas Instruments India. "We look to MindTree as a valued supplier to help us achieve these priorities through outstanding quality and performance."

"It is heartening to know that we are the first Indian company to receive this honor from an esteemed and longstanding customer like TI," said MindTree Executive Chairman Ashok Soota. "What differentiates MindTree is our relentless focus on customers. This award is further evidence of MindTree's strong position in the engineering services space for large multi-national companies."

MindTree's relationship with TI started in 2003, and it includes system-on-chip development, embedded software, reference design development and testing. In addition, TI leverages MindTree's short-range wireless intellectual property (IP) to provide compelling solutions for end customers across multiple industry verticals. The two companies also collaborate on programs under which MindTree can implement specific technologies on TI platforms to expand the customer base of each company.

"This award reflects our ability to understand TI's needs and work with them to develop high-quality solutions across multiple areas ranging from medical electronics and short-range wireless connectivity to multimedia applications," said MindTree President and Group CEO - Product Engineering Services, S Janakiraman.

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 our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

About Mindtree

MindTree Ltd. is a global IT Solutions Company specializing in IT Services, Product Engineering, Infrastructure Management and Technical Support (IMTS), Independent Testing and Knowledge Services. MindTree partners with its clients to create a transparent, value-based relationship. Our people build innovative solutions in a wide range of technology domains that enable our customers to succeed in their business goals.

MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Great Places To Work Institute, Hewitt Associates and Mercer. MindTree was ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners for the second consecutive year in 2008. MindTree is the winner of the National Award for Excellence in Corporate Governance in India in 2007-08. The Company is publicly listed in India. Please visit us at www.mindtree.com.

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

Ashwini Rajeswara
MindTree Limited
91-80-67061000
ashwini_rajeswara@mindtree.com

Jay Russo
LVA Communications
860-739-5598
jay@lva.com