Sify Technologies to Report First Quarter 2008-2009 Fiscal Year Financial Results on Friday, July 25, 2008

Chennai, Tamil Nadu, India

Sify Technologies Limited (NASDAQ National Market: SIFY), a leader in Consumer Internet Services and Enterprise Services in India with global delivery capabilities, today announced that it will report its financial results for the first quarter of fiscal year 2008-2009 ended June 30, 2008 on Friday, July 25, 2008 before the market opens.

In conjunction with the earnings release, Sify will host a conference call at 9:00 AM EST hosted by Mr. Raju Vegesna, Chairman of the Board and Chief Executive Officer, Mr. C V S Suri, Chief Operating Officer and Mr. M P Vijay Kumar, Chief Financial Officer.

Interested parties may participate in the conference call by dialing 877-407-8031 (U.S. or Canada) or +1-201-689-8031 (international), which will also be simultaneously broadcast live over the Internet at www.sifycorp.com or www.vcall.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

The online archive of the Web cast will be available shortly after the conference call, or investors can listen to the replay by dialing 877-660-6853 or +1-201-612-7415 and entering account number 286 and conference ID number 291934. Please allow for some time post conference call to access the archive of the Web cast.

About Sify

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 481 cities and towns. 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 recognized as an ISO 9001:2000 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 BS7799 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.

Consumer services include broadband home access, dial up connectivity and the e-port cyber cafe chain across 180 cities and towns. Sify.com the consumer portal of Sify has sub portals like www.samachar.com, www.walletwatch.com, www.sifymax.com and www.chennailive.in, www.bangalorelive.in, www.mumbailive.in, www.hyderabadlive.inthe city based live video on the web. The content is available in 5 Indian languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil.

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 "Risks Related to Our Business" in the company's report on Form 20-F for the year ended March 31, 2007 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.

Source: Sify Technologies Limited (Business Wire India)

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