Syntel Named Fastest Growing Global Outsourcer by Fortune

Syntel, Inc., (Nasdaq:SYNT) a global information technology services and Knowledge Process Outsourcing (KPO) firm, announced today that it is the top ranked global outsourcing company named to Fortune Magazine's "100 Fastest-Growing Companies" list.

Syntel was ranked #81 on the list, which evaluates companies on the basis of growth in revenue, profit and total return to investors. In order to qualify for the list, all companies must be traded on a U.S. stock exchange, file quarterly reports with the SEC, and have attained revenue and EPS growth of at least 20 percent over the past three years.

"It's an honor to be mentioned along with iconic companies like Research in Motion, Google, Apple and Amazon," said Bharat Desai, Syntel's Chairman. "I congratulate all Syntellers on this significant accomplishment."

"Being the highest ranked IT and KPO service provider on this list is a testimony to our unwavering focus on client satisfaction, people investments and our strategy of delivering value-driven business solutions to our customers," said Keshav Murugesh, Syntel CEO and President.

The full list of the Fortune 100 Fastest-Growing Companies is available online at http://money.cnn.com/magazines/fortune/.

About Syntel

Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Recently named one of the "50 Best Managed Global Outsourcing Vendors" by The Black Book of Outsourcing, Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of March 31, 2009, Syntel employed more than 11,700 people worldwide. To learn more, visit us at: www.syntelinc.com.

Safe Harbor Provision

This news release includes forward-looking statements, including with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Form 10-K document dated March 12, 2009 and the Company's Quarterly Report on Form 10-Q for the period ending March 31, 2009.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Syntel, Inc.

CONTACT:  Syntel, Inc.
Jon Luebke
248/619-3503
jon_luebke@syntelinc.com

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