July 20, 2009 - Bangalore, INDIA
MindTree Ltd., a global IT Solutions company, today announced its results today for the quarter ended June 30, 2009, as approved by its Board of Directors.
"We see continued uncertainty in a few of the major industry segments we operate in. Keeping this in mind, along with the fact that the global economic situation continues to be challenging, we have revised our guidance. However, we are confident of our future prospects and will continue to make strategic investments to ensure continued business momentum. We are particularly encouraged by some of the recent wins that have the potential to give us significant growth next year," said MindTree CEO & Managing Director Krishnakumar Natarajan.
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.
MindTree Ltd. is a global IT Solutions company specializing in IT Services, Independent Testing, Infrastructure Management and Technical Support (IMTS), Knowledge Services and Product Engineering, which comprises of R&D Services and Software Product Engineering. 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 ranked 45th among the leaders in The 2009 Global Outsourcing 100 by the International Association of Outsourcing Professionals. 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.