Virtusa Recognized at 2012 International Business Awards, Awarded Silver Stevie

  Virtusa Recognized at 2012 International Business Awards, Awarded Silver
  Stevie

        Company Honored with ‘Human Resources Department of the Year’

Business Wire

WESTBOROUGH, Mass. -- November 14, 2012

Virtusa Corporation (NASDAQ: VRTU),a global IT services company that offers a
broad range of information technology services, including IT consulting,
technology implementation and application outsourcing, announced today that it
has earned a Silver Stevie® Award for ‘Human Resources (HR) Department of the
Year’ in the 2012 International Business Awards (IBA). The award recognized
Virtusa’s outstanding global HR practices, work environment and benefits. In
addition, the award highlighted Virtusa’s unique culture across its
international locations in North America, Europe and Asia.

“We are delighted to receive recognition for our efforts in building Virtusa
as an employer of choice in the geographies that we operate in,” said Kris
Canekeratne, chairman and CEO at Virtusa. “In addition, this award recognizes
our commitment to creating a fulfilling work environment for our global team
members and honors the hard work and dedication of our global workforce who
deliver cutting-edge IT solutions for our clients.”

The IBA award recognizes Virtusa’s success in establishing a global “people
program” that enables and nurtures talent and supports business growth across
its geographic locations. While Virtusa has won numerous local and
country-specific awards, this recognition truly highlights the company’s
global successes and honors Virtusa for its outstanding people
practicesacross its international locations.

“As Virtusa continues to expand our global footprint, we remain committed to
fostering a social business eco-system that caters to the millennial work
ethic,” said Sundararajan Narayanan, vice president and global head of HR at
Virtusa. “In addition, our focus on building globally savvy leaders that
transcend cultural and economic boundaries provides exciting global
opportunities for our top talent across our international offices. We are
delighted to receive this honor and proud to have created a people eco-system
which our team members all over the world are proud to be a part of.”

Now in its ninth year, the International Business Awards are judgedby nearly
300 executives around the world. Virtusa was recognized among more than 3,200
nominations submitted this year for consideration from organizations in more
than 50 nations and territories in virtually every industry. The International
Business Awards trophy is one of the world's most coveted prizes.

"Entries to the IBAs grew substantially this year," saidMichael
Gallagher,president and founder of the Stevie Awards. "Despite slow economic
conditions in much of the world, the quality of nominations was outstanding,
demonstrating that there are many companies that are innovating and growing
regardless.”

Virtusa continues to be recognized for HRexcellence having won "Best
Employer" Awards in the US, UK, India and Sri Lanka in the past year
alone.Not only does the company implement best HR practices globally, it has
several distinct programs in place covering personal productivity improvement,
use of social tools to improve business outcomes and more, which ensure a
professionally fulfilling environment for team members, while fostering
company growth.

In addition to being named a 2012 American Business Award winner earlier this
year for its HR department, Virtusa was included on the 2012 GS100 List and
recognized by Zinnov Management Consulting as one of the leading R&D Service
Providers for 2012. The company was also named to Britain’s Top Employers for
2012, Forbes’ 2011 Best Small Companies in America, the 2011 FinTech 100,
Dataquest-CMR Top 20 Best IT Employers in India for 2011 and earned
recognition as a recipient of Pegasystems’ first annual Partner Excellence
Awards.

The 2012 International Business Awards were presented at a gala event on
October 15 at the Ritz-Carlton Hotel in Seoul, South Korea.  The full list of
winners can be accessed at
http://www.stevieawards.com/pubs/iba/awards/408_2219_21728.cfm.

About Virtusa

Virtusa provides end-to-end information technology (IT) services to Global
2000 companies. These services, which include IT consulting, application
maintenance, development, systems integration and managed services, leverage a
unique Platforming methodology that transforms clients’ businesses through IT
rationalization. Virtusa helps customers accelerate business outcomes by
consolidating, rationalizing, and modernizing their core customer-facing
processes into one or more core systems.

Virtusa delivers cost-effective solutions through a global delivery model,
applying advanced methods such as Agile and Accelerated Solution Design to
ensure that its solutions meet the clients’ requirements. As a result, its
clients simultaneously reduce their IT operations cost while increasing their
ability to meet changing business needs.

Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in
North America, Europe, and Asia.

© 2011, 2012 Virtusa Corporation. All rights reserved.

Virtusa, Accelerating Business Outcomes, BPM Test Drive and
Productizationareregistered trademarks of Virtusa Corporation. All other
company andbrand names may be trademarks or service marks of their respective
holders.

Contact:

Greenough
Andrea LePain, 617-275-6516
alepain@greenough.biz
 
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