[April 19, 2011] MindTree Denies Report on Co-founders Published in Economic Times on 18.04.11 Tweet (ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 19 April 2011 Release date- 18042011 - Bangalore, INDIA - MindTree Limited, a global IT Solutions and Product Engineering Services company today clarified its position on speculation arising from the Economic Times (ET) article dated April 18, 2011 that says Parthasarathy NS, President & CEO, Independent Testing & IMTS and Kalyan Banerjee, Head, Leadership Development will be leaving the organization. Krishnakumar Natarajan, CEO & MD, MindTree Limited said, 'The ET article is completely baseless and untrue. With no facts to back or verify their statements that Parthasarathy and Kalyan are contemplating offers from another company, the story is completely false, harsh and misleading. Both of them are MindTree co-founders and are fully committed towards our goal to build a memorable company.' About MindTree Limited MindTree Limited is a global IT and Product Engineering Services Company with deep knowledge in specific domains. MindTree is acknowledged as the best mid-size software services company out of India for its capability to build, test and deploy solutions as much as emphasis on culture, customer centricity and corporate governance. MindTree is ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners in 2010, 13th in NASSCOM's listing of Top IT Software and Services Exporters in India (excluding BPO). MindTree is ranked 19th amongst IT services companies by IAOP in their annual list of the Top 100 Global Outsourcing Companies. In 2009, MindTree was ranked No. 2 in Asia and declared the overall winner in India in the Asiamoney Corporate Governance Poll. Please visit us at www.mindtree.com For more information, contact: Sweta Mohanty MindTree Limited +91 80 670 64857 [email protected] Anya D 'Souza Corporate Voice and Weber Shandwick [email protected] [Editorial queries for this story should be sent to [email protected]] ((Comments on this story may be sent to [email protected])) (c) 2011 Electronic News Publishing - [ Back To TMCnet.com's Homepage ]