05/14/2008

Global 360, a provider of business process management (BPM) and optimization solutions, today announced Patni Computer Systems Ltd. (Patni) (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a global IT consulting and services provider, has joined Global 360's Worldwide Partner Program.

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Through this partnership, Patni will be able to offer a customizable solution framework for the development of insurance business applications with Global 360's BPM suite, initially for the Life business.

Patni provides IT consulting and insurance software solutions spanning a range of Insurance lines of business including Life, Annuities, Health, Property and Casualty and Reinsurance. Patni's domain expertise covers all stages of the Insurance business cycle with key service offerings including application development and maintenance, business analysis and process consulting, and business process outsourcing.

Insurance and Financial Services organizations continue to look for ways to increase their competitive advantage. Integrating Global 360 solutions with Patni's industry-specific frameworks and best practices provides organizations with access to expert service and solutions to accelerate point-solutions in insurance-specific domains.

Commenting on the announcement, Mr. Ganesh Iyer, Senior Vice President, Patni's Insurance Practice said, "Existing technology infrastructure often lacks the flexibility needed to support new business initiatives, launch new products or streamline existing functions. This alliance with Global 360 will help us incorporate its state-of-the-art and robust BPM solution in our framework. This framework will provide flexible and modified platforms that will significantly increase accuracy, reduce risks and lower costs for the insurers."

The partnership enables both parties to provide a more complete solution to the market, combining best-in-class software tools with the requisite domain knowledge and a deep understanding of most existing technology stacks.

"The partnership we have developed with Patni is strategically significant for Global 360 as we continue to provide solutions to the Insurance industry," said Randi DiPrima, Vice President, Global Partners, Global 360. "We will continue to focus on technologies and partnerships that make processes more competitive in the long term, and our collaboration with Patni will develop the capability for insurance organizations to transform workflow systems into a more cost-effective, optimized BPM solution."

Global 360's Global Partner Program offers a variety of sales, marketing and support benefits to channel and reseller organizations looking to offer BPM and Process Intelligence technologies to their customers. The resources available through the program are designed