Photo Release -- iGATE Appoints Sanjay Tugnait as the Head of Sales for North America and Global Head of Alliances


FREMONT, Calif., July 10, 2012 (GLOBE NEWSWIRE) -- iGATE, the first integrated Technology and Operations Company providing Business Outcomes-based solutions, today announced Sanjay Tugnait as the new North America Sales Leader and Global Head of Alliances. Sanjay will be paramount to delivering iGATE's business growth agenda. He will be part of iGATE's Executive Committee.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13591

In a career spanning over two decades, Sanjay has been part of global companies such as Accenture and IBM/PWC.

Prior to joining iGATE, Sanjay, was the Managing Partner of Accenture's Financial Services practice in India. He is credited for setting up the company's Financial Services business in the subcontinent. He has also served Accenture as a Partner for its North America practice. Sanjay has been part of Accenture's Global CEO Advisory Council and India Leadership team.

Commenting on the appointment, Phaneesh Murthy, CEO, iGATE said, "We are pleased to have Sanjay on board. I believe that his experience in driving revenues through strong relationships with Fortune 1000 companies will augur well to champion iGATE's outcomes-based model in North America. I wish him the best for a successful career at iGATE."

Talking about his new role, Sanjay Tugnait said, "I am very excited to be part of the Executive team at iGATE and leading Sales for the company's largest market. I believe this is an exciting time to join the business and change the traditional T&M industry model."

"Powered by our differentiated iTOPS delivery framework, my industry knowledge and CXO relationships, my team and I are eager to engage with customers to optimize costs and deliver high-impact outcomes."

About Business Outcomes

iGATE's industry-first Business Outcomes-based approach focuses on the realization of tangible and measurable results, unlike traditional models which are driven by work, effort, time and manpower. Integrating technology and processes in a proprietary way and pricing services on results, iGATE exchanges fixed costs for a variable cost structure in an attempt to get clients to pay-for-results-only while enabling them to adjust to the peaks and valleys of their demand.

About iGATE

iGATE Corporation is the first integrated technology and operations (iTOPS) company providing full-spectrum consulting, technology and business process outsourcing, and product and engineering solutions on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS platform, iGATE's multi-location global organization has a talent pool of over 27,000 employees and consistently delivers effective solutions to over 360 Fortune 1000 clients spanning verticals such as: banking and financial services; insurance and healthcare; life sciences; manufacturing, retail, distribution and logistics; media, entertainment, leisure and travel; communication, energy and utilities; public sector; and independent software vendors. Please visit www.igate.com for more information.

iGATE Corporation is listed on the NASDAQ Global Select Market under the symbol "IGTE."

The iGATE Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5150

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.



            
Sanjay Tugnait, iGATE

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