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Satyam Partners with Oracle to Provide Clinical Development Applications
- Global Certified Advantage Partnership streamlines management of patient data collected during clinical trials
HYDERABAD, India, September 23, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today it is working with Oracle’s new Health Sciences Global Business Unit to provide leading clinical development applications. The solution, which Satyam is offering under the umbrella of “Clinical xPress,” will help pharmaceutical, biotech and contract research organizations (CROs) more effectively address their most pressing business challenges, such as cost containment, safety management and accelerated time to market.
Satyam will be among the first to offer Oracle’s suite of clinical development and safety applications, including Oracle® Remote Data Capture, Oracle® Clinical, Oracle® Adverse Event Reporting System, Oracle Thesaurus Management System and Oracle® Life Sciences Data Hub. It is the health sciences sector’s most comprehensive suite of applications for clinical development and safety. Clinical xPress will be offered to clients on a subscription-based pricing model, enabling Satyam to provide its customers with end-to-end solutions for clinical development in ways that are affordable and flexible, and which are tailored to each client’s unique budget.
“Satyam has been investing strategically to build Oracle-based life sciences solutions,” said Kishore Rachapudi, Global Head, Satyam Life Sciences. “We are committed to providing modular, flexible services via Clinical xPress. This unique relationship allows our global customers to select services such as IT, Software as a Service, BPO and clinical data management.”
Rachapudi also noted that the relationship demonstrates Satyam’s commitment to business outcomes, and to driving its clients’ transformation programs. “With Clinical xPress,” he said, “we can enable pharmaceutical, biotech, CROs and medical device companies to optimize costs and accelerate drug development.”
“We believe that expanding our relationship with Satyam and leveraging its life sciences sector expertise will help support our mission to accelerate insights for better health,” said Neil de Crescenzo, Senior Vice President and General Manager, Oracle Health Sciences Global Business Unit. “Through closer alignment, Oracle and Satyam will be better positioned to deliver value to customers and help them create best-in-class systems to manage the large volume of patient data collected during clinical trials.”
About Satyam
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 66* countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company’s 51,643* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 670* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of June 30, 2008
About the Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world’s largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualified for the Certified Partner levels.
Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of 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. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended June 30, 2008, furnished to the Securities and Exchange Commission on July 25, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov.
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