TCS announces expansion of Uruguay delivery center

15th December, 2006,Montevideo, Uruguay/New Delhi: Tata Consultancy Services (TCS), a leading Global Information Technology Services, Consulting and Outsourcing firm, announced that it is expanding its global delivery center in Uruguay; the new site will host over 250 personnel.

The site is based in the business center of the city of Montevideo, in a dedicated facility with the latest high technology world class infrastructure and cutting edge security systems.

The company undertook this investment to support the rapid expansion of its Latin American business and proactively lower risk for its clients by providing an alternative back up site in Uruguay. TCS already provides services to over 40 clients across Latin America & the United States using its existing Global Delivery center in Uruguay.

"As we expand our operations in Latin America, which now comprise centers in Uruguay, Brazil, & Chile, we will continue to invest in infrastructure & people, to provide high quality services to our clients faster, with increased value and lowered risk", Said N. Chandrasekaran, Executive Vice President and Head, Global Sales and Operations.

The company also announced that it now has over 800 employees in Uruguay. "Uruguay continues to be a critical component of our growth strategy in Latin America. We will continue employing in 2007 and will selectively hire the best talent in the country and train them extensively.

The quality of our people is the key to our client's and eventually to our own success. Uruguay has excellent universities and talent which will provide our fuel for growth in the future. " said Gabriel Rozman, President of TCS Iberoamerica.

About Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services Limited (TCS) is the world leading information technology consulting, services, business process outsourcing and engineering services organization that envisioned and pioneered the adoption of the flexible global business practices that today enable companies to operate more efficiently and produce more value.

TCS achieved this by creating and perfecting a unique method of global deployment and delivery of high quality, high value services and products in IT consulting and business process outsourcing. Known as the "Global Delivery Model," this strategic services delivery concept has reshaped the IT services industry.

More than 95% of TCS customers reward the company's reliability, passion, creativity, and unique ability to handle the broadest range of their IT needs by continually extending and deepening their partnerships with TCS.

With over 70,000 of the world's best trained IT consultants located in 35 countries, TCS is uniquely positioned to deliver its flexible world class services seamlessly to any location. TCS reported consolidated revenues of $2.97 billion (U.S.) in the fiscal year 2005-2006.

The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information: www.tcs.com

About TCS Iberoamerica

TCS Iberoamerica (TCSI) is the business arm of Tata Consultancy Services that operates across the Spanish and Portuguese speaking region of the world. Over 3,500 local consultants provide high quality IT services, Consulting and BPO services to over 150 regional and global clients across 14 countries in Mexico, Central America, South America, Spain and Portugal. TCSI operates Global Delivery centers (GDC) in Brazil & Uruguay at CMMi Level 5, the highest quality standard for the industry, and maintains a Global BPO Services center in Chile.