July 04, 2005 - Bangalore

MindTree joins ARM's Approved Design Center program

MindTree Consulting joins the Approved Design Center Program to increase ARM’s design and implementation resources in India

MindTree Consulting, one of the leading Indian IT consulting companies and ARM [(LSE:ARM); (Nasdaq:ARMHY)], today announced that MindTree Consulting has joined the ARM Approved Design Center  (ADC) Program, highlighting ARM’s growing momentum in the Indian market. MindTree Consulting joins other ADC Program Partners such as IBM, Cadence and Synopsys, which benefit from reduced time to tape-out and can mitigate critical design risk through access to ARM’s worldwide support organization.

“As an ARM Approved Design Center Partner, MindTree has developed highly optimized design solutions for the embedded technology market,” said Janakiraman S, president and CEO, R&D Services, MindTree Consulting. “By combining MindTree’s domain knowledge and design expertise, with ARM processors, tools and development techniques, we will ensure we expand our solution offering to customers and provide a sound technology platform to our developers.”

"It is especially important for our Partners in fast-growing markets to have a local support network and resources to produce next-generation products without sacrificing time-to-market," said Atul Arora, president, Commercial Operations, ARM. "ARM is looking to increase its partnership with Indian companies, and the ADC program is yet another way to work with the local market."

About the ARM Approved Design Center Program

ARM Approved Design Center Program Partners must go through a strict qualification process to become an ARM Approved Design Center. This includes a design flow audit, training on implementing designs with ARM processors, tools, AMBA® interface peripherals and development techniques. Each Design Center must demonstrate its own unique skills in specific technology domains, as well as end-market expertise. The ARM Approved Design Center Program also provides additional benefits such as geographic and time-zone locality and local language support.

About MindTree Consulting

MindTree Consulting is an international IT company that delivers affordable business and technology solutions through global software development. Co-headquartered in Somerset, NJ and Bangalore, India, the company approaches technology initiatives in a business context, with the industry knowledge of a seasoned management team and employees exceptionally skilled in technology, business analysis and project management.  MindTree Consulting develops applications to help companies enhance their enterprise operations.  The company also delivers R&D services and designs re-usable building blocks for hi-tech companies.  MindTree is the world's youngest company to be assessed at Level 5 in both CMMi and P-CMM.  MindTree has been ranked among the top five Great Places to Work in 2004 in a study conducted by Grow Talent Company and Businessworld.  MindTree has also been rated as one of the Best Employers in India for the second consecutive year in 2004 by Hewitt Associates, please visit www.mindtree.com.

About ARM

ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM’s comprehensive product offering includes 16/32-bit RISC microprocessors, data engines, 3D processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products.  Combined with the company’s broad Partner community, they provide a total system solution that offers a fast, reliable path to market for leading electronics companies. More information on ARM is available at http://www.arm.com .