April 10, 2008 - Bangalore

MindTree launches 'Artist in Residence' program at Spastics Society of Karnataka

A monthly stipend to be given to a budding artist of the Society for three years

 

MindTree Limited, a global IT and R&D Services Company, launched a unique initiative called 'MindTree Artist in Residence' at the Spastics Society of Karnataka today. This program further strengthens its longstanding relationship with the Society, a member of which was instrumental in the creation of its visual identity eight years ago.

'MindTree Artist in Residence' is essentially a scholarship program extended to promising artists of the Society. Under this, a stipend of Rs 3,000 would be provided to the chosen for a period of three years, in order to nurture the artist in them and assist in building expertise in their chosen fields.

Sheeba K, a spastic belonging to the Society, whose immense artistic potential has brought a fresh aesthetic appeal to MindTree's new website, has been chosen as the first MindTree Artist in Residence, with effect from April 1, 2008. A cheque of Rs 1.08 lakh was handed over to Rukmini Krishnaswamy, Director of the Society, marking the launch of the program.

Acknowledging the contribution, Rukmini Krishnaswamy said, "It has been a wonderful journey together. In fact, our relationship goes beyond corporate social responsibility, to the extent of being 'partners' to each other in our endeavors! We are ever grateful to MindTree for their relentless support and caring."

"At MindTree, we cherish the relationship we have built with the Spastics Society of Karnataka," said Krishnakumar Natarajan, Chief Executive Officer (CEO), MindTree Ltd, on the occasion. "The MindTree Artist in Residence Program is our way of creating greater inclusiveness with the society and in line with our stated vision of working towards primary education for the differently-abled children. We hope that this small contribution will further encourage the artists to build expertise in their chosen fields," he added.

About MindTree Limited

MindTree Limited is a global IT and R&D Services Company co-headquartered in the U.S. and India. With a passion for customer satisfaction, MindTree partners with its clients to create a transparent, value-based relationship. Our domain experts deliver business-enabling solutions by leveraging a consulting led, framework-based and IP-driven approach. MindTree's IT Services business provides a range of services to CIOs across a variety of industry segments. Our R&D Services business works with Technology companies to help build innovative products by providing Product Realization services.

MindTree was named among the Top 30 offshore service providers by the International Association of Outsourcing Professionals and Fortune Magazine. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Hewitt Associates and Mercer/TNS, and is also the winner of the MAKE Award for knowledge management. MindTree has been selected as one of the Top 25 companies for good Corporate Governance practices. MindTree is publicly listed in India. Please visit us at www.mindtree.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 our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact:

 

Ashwini Rajeswara

MindTree Limited

Ph: +91-080-26711777 / +91-9900183118

ashwini_rajeswara@mindtree.com

 

Ritika S. Mishra

Brand-Comm

Ph: +91-80- 25539258/091-9845577633

ritika@brand-comm.com