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Patni Computer Systems' Second Quarter Earnings Call to be Organized on July 31, 2006

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Patni Computer Systems' Second Quarter Earnings Call to be Organized on July 31, 2006

Mumbai, Maharashtra, India

Patni Computer Systems Limited (Patni) will organize an earnings call for investors on Monday, July 31, 2006. Mr. N.K. Patni - Chairman and CEO, alongwith other senior management team members will represent Patni on the call.

The conference call will follow Patni's Board meeting and the announcement of the Company's financial results for the second quarter ended June 30th, 2006 on Monday, July 31, 2006. The financial results will be available on the corporate website: www.patni.com following the announcement on that date.

Details of the schedule of events are as follows:

Earnings Release over the wire services

--Morning of July 31, 2006 (IST)

Earnings Call Timing

-- 6:00-7:00 pm IST (8:30-9.30 am ET, 8.30-9:30 pm Singapore local time) on Monday, July 31 2006

India Toll

-- +91 22 2781 2277/ 6791 7977

Toll free dial-in for International Participants (Conference ID:3323296#)

-- US: 877-209-0463.
-- UK: 0800-917-4860.
-- Singapore: 800-101-1350.
-- Hong Kong: 800-901-700.
-- Japan: 005-311-60205.
-- US / International Toll number: +1-706-643-0243

India Playback Facility

-- Available from 31 July - 04 August 2006 at:
+91-22-2788 0541/ 6791 7908

Playback Facility for US/ International Participants (Conference ID: 3323296#)

-- Available from 31 July - 03 August 2006 at:
US Toll-free: 800-642-1687
--International Toll number: 706-645-9291

Audio webcast on www.patni.com

-- Available live and an archive of the event can be accessed till August 15, 2006.

Transcript of the call will be available within five working days at www.patni.com

About Patni:

Patni Computer Systems Limited (NYSE: PTI, BSE: PATNI COMPUT, NSE: PATNI) is a leading Indian provider of information technology services. Patni offers its services through industry-focused practices, including insurance, manufacturing, financial services, and telecommunications, and through technology-focused practices.

Patni's service lines include application development, application maintenance and support, packaged software implementation, infrastructure management services, product engineering services, business process outsourcing and quality assurance services.

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

Disclaimer on Forward Looking Statements:

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our Red herring filing. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

Gurpreet Singh, Indian investors, Patni Computer Systems, +91 (022) 6693 0500 investors@patni.com

Shiv Muttoo, Indian investors, Citigate Dewe Rogerson, +91 (022) 4007 5036 shiv@cdr-india.com

Source: Patni Computer Systems (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

 

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