ProtonMedia and Sify Sign Technology and Services Agreement

LANSDALE, Pa.--(BUSINESS WIRE)--ProtonMedia and Sify Software Limited today announced a new technology and services agreement that will bring collaborative learning and training solutions to global life sciences companies and other such global organizations worldwide. Under the terms of the agreement, e-Learning Customers will now be able to meld ProtonMedia’s virtual collaboration environment called Protosphere, with Sify’s learning and instructional design and systems integration services to create a secure and virtual environment that will that help improve knowledge sharing, increase knowledge retention, and boost employee performance.

“Many learning managers at global companies are focused on tracking coursework completion and analyzing training metrics, and they often lose sight of building a collaborative network around their curriculum”

“This partnership is synergistic as it complements Sify’s strong learning design capability with ProtonMedia’s proven collaboration virtual environment,” says Devraj Shetty, Head of e-Learning Business at Sify Software Limited. “This will not only enable our customers to fully realize the significant benefits of virtual collaborative environments to deliver learning, but also allow them to leverage their investments in virtual learning infrastructure.”

“There’s a significant gap between learning and IT in many companies across the pharmaceutical, health care, information technology, and finance sectors,” says Mukund Parthasarathy, Business Development Manager for Learning Services, Sify Software Limited. “Combining our learning and instructional design, and systems integration services with ProtoSphere will help bring learning and IT together and eliminate barriers of deploying a secure virtual learning and training solution across the enterprise.”

ProtonMedia and Sify Software Limited have already begun providing customized virtual training solutions to several global life sciences companies. These companies are using the combined offering to meet some of their unique training requirements, such as with the onboarding of new employees or providing an understanding of the drug discovery and development process.

“Many learning managers at global companies are focused on tracking coursework completion and analyzing training metrics, and they often lose sight of building a collaborative network around their curriculum,” says Ron Burns, CEO of ProtonMedia. “Our partnership with Sify Software Limited will help learning managers create and foster this crucial element of learning program success.”

Sify Software Limited is among the top-three e-learning service provider in India. The company has developed several hours of learning content in its 10-year history, including Web-based training, computer-based training, and instructor-led training courses. It is a wholly owned subsidiary of Sify Technologies Ltd (NASDAQ:SIFY), a pioneer and leader in the Internet, networking, and e-commerce services in India.

ProtoSphere is the only virtual collaboration environment built entirely with Microsoft technology, the #1 virtual collaboration environment in life sciences today. ProtonMedia is a Microsoft Life Sciences Partner.

ABOUT PROTONMEDIA

ProtonMedia is the developer of ProtoSphere, the market-leading virtual collaboration environment for the high-performance workplace, and the #1 virtual environment for collaborative PLM in life sciences. ProtoSphere’s virtual environment provides an arsenal of business-focused collaboration and communication tools that help companies accelerate decision-making and raise productivity, improving workplace performance overall. The company is a Gartner “Cool Vendor in the High-Performance Workplace” for 2010. Its customers include some of the world’s most respected brands, including AstraZeneca, Johnson & Johnson, Merck Inc., BP, Chevron, Duke University, Deloitte, TIAA-CREF, Lockheed Martin, and Boeing. A trial version of ProtoSphere can be downloaded at http://protonmedia.com/trial-download/. For more information, visit www.ProtonMedia.com.

About Sify Technologies

SIFY is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 600 cities and towns in India.

A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. SIFY is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data Center operations. SIFY has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use SIFY's corporate service offerings.

SIFY also caters to global markets in the specialized domains of e-Learning Services and Remote Infrastructure Management Services. The e-Learning Services designs, develops and delivers state-of-the-art digital learning solutions for nonprofit, for-profit organizations and governmental organizations in the fields of Information technology, engineering, environment, healthcare, education and finance. The Remote Infrastructure Management Services provides dependable and economical solutions around managed services, hosting and monitoring.

Consumer services include broadband home access and the ePort cyber café chain across more than 200 cities and towns in India. Sify.com, the popular consumer portal, has channels on news, entertainment, finance, sports, games and shopping. Samachar.com is the popular portal aimed at non-resident Indians around the globe. The site’s content is available in eight Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi and Gujarati in addition to English.

For more information about SIFY, visit www.sifycorp.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. SIFY undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with SIFY’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2010, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and SIFY’s other reports filed with the SEC.

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