Syntel CEO Bharat Desai to Present on Entrepreneurial Panel at Wharton India Economic Forum

Few countries have grabbed as many economic headlines over the last 24 months as India. So it is fitting that the Wharton 2006 Global Business Forum focuses on the promise of India on Saturday, November 11, 2006 with its Wharton India Economic Forum – "Realizing the Indian Dream.” The event starts at 8:00 a.m. at the Doubletree Hotel in downtown Philadelphia. One of the forum’s panels will focus on entrepreneurship, entitled "Destination India: Entrepreneurs @ Work”, from 9:00-10:15 a.m. One of the panelists has intimate knowledge of what it takes to leverage India to build a successful company. Bharat Desai, Founder and CEO of Syntel, founded the company in 1980 from his apartment with $2,000 in savings. Today, Syntel has more than 7,500 employees, trades on Nasdaq and has a market capitalization level in excess of $1 billion. Syntel provides Information Technology services to leading North American corporations, leveraging a global delivery model that focuses heavily on India. For more information and event details, visit: http://www.whartonindia.com. About Syntel Syntel (NASDAQ:SYNT) is a leading global provider of custom outsourcing solutions in a broad spectrum of information technology and information technology-enabled services. The Company's vertical practices support the entire Design-Build-Operate-Optimize lifecycle of systems and processes for corporations in the Financial Services, Insurance, Retail, Health Care and Automotive industries. The first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers, Syntel now leverages this efficient model for the majority of its Global 2000 customers. Recently named one of Forbes Magazine's "Best 200 Small Companies in America," Syntel has more than 7,500 employees worldwide, is assessed at Level 5 of the SEI's CMMI, BS 7799-2:2002 as well as ISO 9001:2000 certified. To learn more, visit us at:www.syntelinc.com.