LIC Housing Finance Limited Signs Up With Sify for Mailing Solution

Chennai, Tamil Nadu, India , 2006-05-15

Sify Limited (Nasdaq: Sify), a leader in Consumer, Internet and Enterprise Services in India with global delivery capabilities announced new business win for its enterprise-wide mailing solution from LIC Housing Finance Limited.

The mailing solution catering to 5500 plus Direct Sales Agents (DSA) of LICHFL is hosted at Sify’s Level III Data Center ensuring high uptime and redundancy and is completely managed by Sify’s personnel.

Mr Rahul Swarup, President, Enterprise Solutions, Sify Limited, said, “As part of Sify’s strategy of growing the high growth opportunity areas we first targeted the stock broking segment. We are now looking at the Insurance and Personal Banking segments who have large DSA networks for our host of managed Application Services that include document management, digital security and hosted mail and messaging services”.

According to Mr. P.K. Rath, General Manager (Marketing), LIC Housing Finance Ltd., “Sify’s mailing solution is highly reliable, scalable and unique. It has helped us disseminate information about new products, schemes, incentives etc., to our 5500 plus agent force in a cost effective manner. A unique feature of the solution is that Sify has bundled mail-only connectivity with the Mail Id's such that our agents have easy access to their mail boxes from over 300 locations in India with just a normal dial-up connection.”

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]