'Inventory Optimizer' Targeted for CPG, Pharmaceutical and Retail Companies MUMBAI, India and LONDON and ORLANDO, Fla., May 16 /PRNewswire-FirstCall/ -- Patni Computer Systems Ltd., a leading global IT consulting and services provider, today announced that it has become one of the first global companies to launch a composite application that has achieved "SAP(R) xApps(TM) Certified - Powered by SAP NetWeaver(R)" status. Its Inventory Optimizer solution helps companies in the CPG, pharmaceutical and retail industries lower costs through more efficient disposal of sluggish inventory. The announcement was made today at the commencement of the 2006 ASUG Annual Conference and SAPPHIRE(R) '06 Orlando, SAP's international customer conference. Powered by the SAP NetWeaver, Patni Inventory Optimizer is SAP xApps Certified and provides users with the ability to implement an action plan and significantly reduce the time taken to recover the capital locked in sluggish or non-performing inventory. Raghu Mahalingam, VP, and Head of SAP Practice at Patni said, "Accurate identification and tracking of slow-moving surplus and obsolete SKUs are typical issues that have always plagued organizations in the CPG, pharmaceuticals and retail industries. By combining our deep domain expertise with the SAP Composite Application Framework tool, part of the SAP NetWeaver platform, we have created a solution that will help organizations address these long-standing issues." With the Patni Inventory Optimizer, organizations can: -- Identify non-performing SKUs based on profitability thresholds -- Implement an action plan with speed and flexibility to dispose off non-performing SKU through repackaging, trashing etc. -- Choose, define and modify an action plan for inventory disposal -- Monitor progress in the implementation of action plan for inventory disposal -- Create reports, receive alerts, and notifications in case of escalations and exceptions in the implementation of action plan -- Significantly reduce the time taken to recover the capital locked-in sluggish or non-performing inventory. About Patni Patni Computer Systems Limited (BSE:PATNIBSE:COMPUTBSE:NSE:BSE:PATNIBSE:NYSE:BSE:PTI) is a global IT Services provider servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, manufacturing, financial services, telecommunications, and its technology- focused practices. With an employee strength of over 12,000 and multiple offshore development facilities across eight cities; Patni has 23 international offices across the Americas, Europe and Asia-Pacific. Patni has registered revenues of US$ 450 million for the year 2005. Patni's service offerings include application development, application maintenance and support, packaged software implementation, infrastructure management services, product engineering services, business process outsourcing and quality assurance services. Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMi Level 5 organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks. For more information on Patni, visit http://www.patni.com/. Safe Harbor: Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our Red herring filing. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. SAP, xApps, SAP NetWeaver, SAPPHIRE and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. DATASOURCE: Patni Computer Systems Ltd. CONTACT: India, Ketan Jain, , or 56595519-20, or US, Brenda Chroniak, , or +1-617-399-4984, both of Text 100 Public Relations for Patni Computer Systems Ltd. Web site: http://www.patni.com/

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