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Industry’s first pre-packaged business process platform for the telecoms and media industry

London, UK, May 21, 2008 – Tribold has signed a multi-faceted business partnership with global IT services leader, Patni Computer Systems. The agreement will see Patni integrate Tribold’s Product Portfolio Manager™ (Tribold PPM) into Patni atoms™, which is an integrated business process platform for telecoms and media service providers. In addition, Patni will take advantage of Tribold’s expertise in software solutions, reselling these as well as building enhanced delivery capabilities around their core offerings.

Raj Badarinath, AVP Marketing & Strategic Alliances, Patni Computer Systems, said: “A single product catalog is now an essential part of any Communication Service Provider’s ideal infrastructure and therefore is an important element of Patni’s atoms™ offering for the communications industry. We’re only interested in working with best of breed solutions and it was clear to us that Tribold PPM is a good fit.”

John Rainger, Tribold’s CEO, added: “Patni is a company known and respected for delivering IT services across numerous market sectors. That it has chosen to partner with Tribold as a central element of its offering to the telecommunications industry is an endorsement not only of our solutions but of the increasingly significant status of effective product portfolio management within the CSP’s business and operating environments.”

Patni atoms™ platform consists of key telecoms business processes built on top of industry-leading COTS providers such as Tribold within a technology standards based framework, to help accelerate business transformation programs and enable quick time-to-market for new services. Besides their partnership on atoms™, Tribold and Patni will be working together on a number of mutual customer engagements where Tribold PPM will be deployed.

About Tribold

Tribold is the world's leading provider of Product Management enterprise software specifically developed for Communication Service Providers (CSPs). The Tribold Product Portfolio Manager™ (Tribold PPM) is a single, integrated suite of enterprise product management applications that empower CSPs to put products at the heart of their business. Tribold PPM is based on a Centralized Product Catalog and includes Product Data Management (PDM), Product Data Integration (PDI), Product Lifecycle Management (PLM), Product Business Intelligence (PBI), and Product Channel Management (PCM) applications.

Dramatic improvements in product management performance enable CSPs to drive increased profit by taking products and services to market faster, improving customer service through self-selection and enhancing operational efficiency.

Headquartered in London, and with offices in North America and Asia, Tribold was founded in 2003 and is privately held.

For more information on Tribold, visit www.tribold.com

About Patni Computer Systems:

Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni caters to its clients through its industry focused practices, including insurance, financial services, manufacturing, life sciences, communications, media & entertainment and its technology-focused practices.

With an employee strength of over 15,000; multiple global delivery centres spread across 11 cities worldwide; 22 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 663 million for the year 2007. Patni’s service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.

Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.

For more information on Patni, visit www.patni.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Market Accelerator Ltd in the following categories: Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.