Singapore & Tokyo - January 15, 2013- Mahindra Satyam, a leading global consulting and IT services provider, today announced that it has signed a partnership agreement with TechMatrix Corporation, Japan. The partnership covering ASEAN region will jointly address strategic growth areas in the healthcare market and provide cloud-basedhealthcare solutions.

TechMatrix subsidiary, ICHIGO LLC, will provide its Teleradiology network infrastructure product line and NOBORI, its Cloud service for Medical and Healthcare information. Mahindra Satyam in-turn will host the cloud and mobile-based services in Singapore and Malaysia while providing direct sales and IT services to clients throughout ASEAN region.

As part of this partnership, Mahindra Satyam and TechMatrix will come together to invest in Sales & Marketing resources as-well-as Software & Hardware enhancement in this unique technology. This unique setup has a combination of Cloud based central servers and a proprietary set-top-box like appliance, which makes following capabilities / functionalities available.

  • Maximum, multi-level security for Teleradiology
  • Exceptionally fast performance
  • Vendor-neutral medical image storage, management and retrieval

Commenting on this development Ram Ramachandran, Vice President and Business Head, ASEAN, Mahindra Satyam, said "The Ichigo Teleradiology network is ranked #1 in Japan and TechMatrix has been providing innovative healthcare solutions since 1998.  Together we hold the vision that our combined experience and expertise can bring transformational solutions to healthcare within ASEAN."

As a first step in this partnership, Mahindra Satyam has installed "Ichigo Teleradiology iComServer" in its Singapore data center and launched activities to support initial installations. As a second step in 2013, Mahindra Satyam and TechMatrix will jointly launch the NOBORI Cloud healthcare services, including Picture Archiving and Communications System (PACS), a vendor-neutral solution for medical image storage, management and retrieval.

Takashi Yuri, CEO, TechMatrix said, "In addition to the technological leadership and innovation that Mahindra Satyam has in telemedicine, healthcare and cloud services, we see natural synergies between our two organizations which we believe are critical to build a lasting partnership."

Speaking about the partnership, Stephen Maysonave, Founder, Maysonave International said, "The companies complement each other extremely well. Techmatrix has truly innovative solutions for Teleradiology and Cloud PACS. Mahindra Satyam has deep skills in telecommunications, including Mobile, Cloud data centers and over 3,000 IT professionals in ASEAN. A great partnership should result."

Through this partnership, TechMatrix and Mahindra Satyam will focus on:

  • Delivering state-of-the-art healthcare solutions to public and private hospitals and image scanning centers
  • Reducing healthcare costs while improving the quality of services
  • Growing TechMatrix and Mahindra Satyam's revenues by addressing strategic growth areas in healthcare which leverage cloud-based and mobile technology

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About Mahindra Satyam

Mahindra Satyam is a global business consulting and information technology services company leveraging deep industry and functional expertise, leading technology practices and a global delivery model to help businesses transform their processes and improve performance. The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business processes, engineering and product lifecycle management, infrastructure services, among other services. The company has development and delivery centres in the United States of America, Canada, Brazil, the United Kingdom, Germany, France, Hungary, Egypt, United Arab Emirates, India, China, Malaysia, Singapore, and Australia and serves numerous clients, including many Fortune 500 organizations.

Mahindra Satyam is part of the USD 15.9 billion Mahindra Group. The Mahindra Group employs more than 155,000 people in over 100 countries and operates in key industries that drive economic growth, enjoying a leadership position in tractors,  utility vehicles,  information technologyand vacation ownership.

For more information, see www.mahindrasatyam.com

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For clarifications, write to us at: MediaRelations@mahindrasatyam.com

About TechMatrix Corporation

TechMatrix is an IT solutions provider that helps to transform the business models and strengthen the competitiveness of client companies by implementing state-of-the-art IT technology and enhancing customer satisfaction.

In the medical & healthcare market, TechMatrix has provided PACS systems and other IT services since 1998. The TechMatrix subsidiary, ICHIGO LLC, has been providing Teleradiology service infrastructure since 2007. The combined entities have over 700 hospitals and medical institutions as clients in Japan. TechMatrix is listed on Tokyo Stock Exchange (3762).

Safe Harbor

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 certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Mahindra Satyam undertakes no duty to update any forward-looking statements.

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