Syntel Inks Partnership With Aras for PLM Solutions

Troy, MI - 8 November 2011

Syntel, Inc. (Nasdaq:SYNT), a global Information Technology services and Knowledge Process Outsourcing (KPO) firm, today announced it has signed a systems integration partnership with Aras, the leading enterprise open source Product Lifecycle Management (PLM) software solution provider.

As a member of the Aras Partner Program, Syntel will offer its clients the Aras Innovator® suite, a powerful, full-featured open source PLM solution with advanced technology for highly flexible, scalable and secure deployments across the extended enterprise.

"We are very excited to team up with Aras to offer our clients an open source option to meet their PLM challenges," said Avinash Salelkar, VP and Head of Syntel's Manufacturing and Automotive practice. "Aras Innovator is gaining traction in the marketplace, and we believe that more and more global companies will turn to Aras to reduce their product development costs and transform complex PLM processes. By combining this cost effective solution with Syntel's global delivery service, our clients will be able to create a significant competitive advantage in terms of greatly enhanced speed and dramatic cost reduction."

"Syntel has a strong history of staying ahead of the technology curve, and we are proud that they have chosen to partner with Aras," said Peter Schroer, President of Aras. "The scalability and flexibility of our PLM platform's Web-based, open architecture is a great match for Syntel's innovative solution culture."

Aras solutions enable customers to collaborate and innovate more effectively during new product development and introduction. Its open source business model eliminates expensive software licensing costs, lowering total cost of ownership and delivering faster time to value.

Syntel's current suite of end-to-end PLM solutions includes consulting, implementation, integration, migration and upgrade as well as maintenance and support services. In addition, Syntel offers design engineering, collaborative product engineering and closed loop design automation services to clients in the automotive, aerospace, industrial, electronics and medical device industries.

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