Sify Enables Online Recruitment Examinations for IBPS

Chennai, Tamil Nadu, India , 2006-05-31

Sify Limited (Nasdaq: Sify), a leader in Consumer, Internet and Enterprise Services in India with global delivery capabilities announced that it enabled online recruitment examinations for the Institute of Banking Personnel Selection (IBPS) that conducts recruitment for banks and financial institutions besides public sector undertakings.

Sify’s online examination engine- iTest, facilitated the Scale I to scale II promotion examination for 867 officers of Indian Overseas Bank through IBPS. The examination was conducted simultaneously from 123 Sify iWays across 47 cities.

According to Prof. V K Chilana, IBPS, "Conducting online examinations has helped IBPS in reducing turn around times while also opening up an additional mode of delivery for us. With this service, we are able to meet the requirements of our member organizations and clients faster and offer instant evaluation as opposed to the manual mode. The success of this initiative has given us the confidence to offer online testing services on a larger scale in future."

Mr Dipan Bhattacharyya, Senior Vice President, Enterprise Solutions, Sify Ltd., said, “As pioneers in the deployment of online examinations, Sify provides value to clients, not only in terms of the speed, accuracy and reliability of its application, but also by its tremendous reach made possible by its 3300 iWays across 153 cities in the country. Combining our technological expertise with the Sify iWay service excellence, we make the whole online examination process quite simple, both for the candidates as also for the companies availing of the service”.

Companies increasingly prefer the online examination model for their recruitment needs because of the significant cost saving on recruitment and administration. Also this model offers them total flexibility and the convenience of remote management thereby eliminating logistical issues. Sify’s clientele for online examinations include the Indian Institute of Banking & Finance (IIBF), Punjab & Maharashtra Cooperative Bank (PMC) and several BPOs.

About Sify Limited:

Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 171 cities and towns in India. A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services and hosting. A host of blue chip customers use Sify's corporate service offerings. Consumer services include broadband home access, dial up connectivity and the iWay cyber café chain across 153 cities and towns. The company's network services, data center operations and customer relationship management are accredited ISO 9001:2000.

For more information about Sify, visit www.sifycorp.com.

Forward Looking Statements:

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

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption "Risks Related to Our Business" in the company's report on Form 6-K for the quarter ended December 31, 2005 which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov.

Contact

Mr. David Appasamy, Sify Limited, +91(044) 2254 0770 Ext. 2013
[email protected]