| Saba and Sify Team to Deliver World-Class Learning Management Platform and Services to India
Industry Leaders Help Organizations Drive Employee Development and Enhance Organizational Productivity
Redwood Shores, Calif. and Bangalore, India—November 15, 2007—Saba Software, Inc. (NASAQ:SABA), the premier people management software and services provivder, and Sify Technologies Ltd. (NASDAQ:SIFY), one of the largest Internet, network and e-commerce services companies in India, today announced that the companies will work together to deliver a world-class learning platform and services to India. As part of this alliance, Sify will offer the Saba Learning Suite to enterprises. Customers will benefit from Sify’s proven connectivity and e-learning solutions that are aligned with Saba’s industry-leading Saba Learning Suite to advance employee development.
“Sify’s e-learning solutions, which address enterprise learning needs, are recognized globally. We have a history of customer success and have worked with the Saba Learning Suite on several implementations,” said P J Nath, executive president, Enterprise Solutions, Sify. “The emerging markets have their own dynamics, and there are tremendous regional variations and market forces at play. By bundling Saba’s solutions with our content services, we will be able to bring globally accepted best-of-breed applications to help our customers in India and beyond implement learning solutions that will develop talent as well as enhance organizational productivity.”
As part of its offerings, Sify provides e-learning solutions with a range of services, including custom content and courseware development, performance consulting, simulation based training and learning management systems implementation. By offering the Saba Learning Suite as part of its technology offerings, Sify has the most comprehensive learning management system available to address the strategic mandates of the learning organization–to deliver effective formal and informal learning that is tied to clear business outcomes.
“Sify and Saba have established themselves as leaders in delivering learning solutions to customers around the world,” said Gaurav Mehra, managing director, Saba India “Through this continued alliance, Saba looks forward to expanding our presence in this growing, vibrant region as well as enabling our customers deliver learning programs that serve as a key component of an organization’s people management strategy.”
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding Saba’s ability to expand its presence in India. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces that could cause results to differ materially include risks associated with: Saba's dependence on growth of the markets for Saba's products, dependence on acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements and potential software defects. Readers should also refer to the section entitled "Risk Factors” on pages 11 through 21 of Saba's Annual Report on Form 10-K for the fiscal year ended May 31, 2007 and similar disclosures in subsequent Saba periodic SEC reports. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them.
About Sify
Sify Technologies Limited ( NASDAQ: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 221 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, enterprise applications and hosting. A host of blue chip customers use Sify's corporate service offerings. Sify’s e-learning division provides high quality learning services helping clients maximize employee productivity, proficiency and satisfaction while managing training costs and risks.
With its strong focus on creating custom content, mobile learning, globalization and learning infrastructure services, the company has been able to serve several Fortune 100 corporations across varied industry verticals and also gain international recognition by winning the Brandon hall awards over the last 2 years. Consumer services include broadband home access, dial up connectivity and the iWay cyber cafe chain across 163 cities and towns. Sify is recognized as an ISO 9001:2000 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP Solutions and integrated security solutions, and BS7799 certified for Internet Data Center operations. For more information about Sify, visit www.sifycorp.com
About Saba
Founded in 1997, Saba (NASDAQ: SABA) is the premier global provider of strategic human capital management (HCM) software and services. Saba’s people management solutions are used by more than 1,200 organizations and over 17 million end users worldwide. Saba’s solutions increase organizational performance by aligning workforce goals with organizational strategy; developing, managing and rewarding their people; and improving collaboration.
Saba product offerings address all aspects of strategic HCM and are available both on-premise and OnDemand (www.saba.com/products). To ensure long-term customer success, our global services capabilities and partnerships provide strategic consulting, comprehensive implementation services, and ongoing worldwide support.
Saba customers include ABN AMRO, Alcatel-Lucent, Bank of Tokyo-Mitsubishi UFJ, BMW, Caterpillar, CEMEX, Cisco Systems, DaimlerChrysler, Dell, Deloitte Touche Tohmatsu, EDS, EMC Corporation, FedEx Kinko's, Insurance Australia Group, Kaiser Permanente, Lockheed Martin, Medtronic, National Australia Bank, Novartis, Petrobras, Procter & Gamble, Renault, Royal Bank of Scotland, Scotiabank, Singapore Ministry of Finance, Sprint, Standard Chartered Bank, Stanford University, Swedbank, Tata Consultancy Services, Wyndham International, Weyerhaeuser, Underwriters Laboratories, and the U.S. Army and U.S. Navy.
Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call +1-877-SABA-101 or +1-650-779-2791.
SABA, the Saba logo, Centra and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.
Media Contacts: Alissa Vasilevskis
Sr. Manager, Public Relations
Saba Software, Inc.
+1-650-581-2615
avasilevskis@saba.com |
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