HYDERABAD, India, July 30, 2010: Mahindra Satyam, the brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider and Morpho (Safran group), the world leader in biometric technologies and identification solutions, today announced that the Tech Mahindra and Morpho led consortium has been selected as one of the key partners to implement and deliver the Aadhaar program by UIDAI (Unique Identification Authority of India).
Aadhaar, the largest identity program in the world is designed to secure the identity of the residents of India, which is currently close to 1.2 billion. Based on latest generation biometric technologies (fingerprints and iris recognition), it aims to provide a unique identification number to each Indian resident to provide them with secure access to benefits and services (education, telecom, medical care, banking and financial services) as well as political and economic rights.
The Tech Mahindra and Morpho team was selected by UIDAI as one of the three key partners for the initial phase of this program. This first stage will run up to two years during which a total of 200 million residents are expected to be registered by a combination of the three selected providers.
Tech Mahindra and Morpho will develop and maintain systems that will cross-check every new application by sifting through the biometrics database, preventing accidental or fraudulent duplication and ensuring that each identification number is unique. Morpho will provide the biometric technology while Tech Mahindra will integrate and provide support across platforms and databases.
“We are very honored to have earned this mark of trust from UIDAI and proud to combine our strength, knowledge and experience with Tech Mahindra in this major technological challenge,” commented Mr. Jean-Paul Jainksy, Chairman and CEO of Morpho “Looking beyond the solely technological aspects, the Aadhaar project also gives us the opportunity to take part in a project that will support India’s development and take advantage of the demographic dividend to keep moving forward. This is at the heart of Morpho’s mission and reflects our ongoing commitment to India. The Aadhaar Project is clearly a transformational initiative that will change the course of biometrics technology.”
Speaking on this occasion, Mr. CP Gurnani, CEO, Tech Mahindra, said, “Tech Mahindra is proud to collaborate with Morpho, a world leader in biometric technologies, on this prestigious national project. This is yet another testimony of our abilility to integrate complex technologies to bring manageable solutions for India’s needs. We are confident that with our technological prowess and Morpho’s capabilities in the biometric space, we can address the requirements of UIDAI and take India Inc to an altogether greater high.
"The combination of Tech Mahindra’s domain expertise and Morpho’s technology played the decisive role in being chosen by UIDAI. With this selection, Morpho continues to confirm its world leadership in biometric identification systems, already in service in more than 100 countries around the world while Tech Mahindra continues to demonstrate its leadership in the field of Information, Communication and Technology (ICT) and offer real-world solutions to organizations.
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
For more information: www.morpho.com - www.safran-group.com
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About Tech Mahindra
Tech Mahindra (NYSE: SAY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance.
The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.
Tech Mahindra is part of the $11.1 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group’s interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.
Tech Mahindra development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Tech Mahindra undertakes no duty to update any forward-looking statements.