India, Chennai, February 15, 2017: Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, today announced its expansion into Europe and the appointment of Mr. Mark Ryder as Managing Director - Europe. Mark will also head Sify’s UK operation and will be based out of London, United Kingdom.
In his new role, Mark will be play a crucial role in Sify’s expansion plans focusing on supporting European businesses requiring access to the growing Indian economy, both as a market for expansion and access to the skilled Indian workforce and IT supporting infrastructure.
Commenting on Mr. Ryder’s appointment, Mr. Raju Vegesna, Chairman, Sify Technologies said, "After a successful foray into North America, we are very excited to expand our footprint into the European region. Mark’s appointment will accelerate our growth as a global ICT Solutions and Services company. Mark will be working very closely with the wider teams and leadership in India to support and enable the business in Europe."
With over twenty years of leadership experience across wholesale, enterprise, public sector and channel go-to-markets, Mark brings to Sify a wealth of experience in the field of IT and Telecommunications. His previous global stints include companies such as Verizon and Level 3; he has also helped build European start-ups Colt and Zayo (formerly Geo) and has taken them to critical operating volumes.
About Sify Technologies
Sify is one of the the largest integrated ICT Solutions and 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 1400 cities and towns in India. This telecom network today connects 43 Data Centers across India including Sify’s 6 Tier 3 Data Centers across the cities of Chennai, Mumbai, Delhi and Bengaluru.
A significant part of the company’s revenue is derived from Enterprise Services, comprising of Telecom services, Data Center services, Cloud and Managed services, Applications Integration services and Technology Integration services. Sify also provides services that cater to the burgeoning demands of the SMB community, much of it on its Cloud services platform.
Sify has a unified licence to operate NLD (National Long Distance), ILD (International Long Distance) services and ISP services and offers VoIP backhaul for international carriers. With the Sify Cable landing station and partnerships with submarine cable companies globally, Sify is present in almost all the spheres of the ICT eco system.
Sify has an expanding base of Managed Services customers, both in India and overseas, and is India’s first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. The software team develops applications and offers services to improve business efficiencies of its current and prospective client bases. Sify also offers services in the specialized domains of eLearning, both in India and globally. 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, 2016, 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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