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Virtusa Appoints Sameet Gupte as Senior Vice President & Managing Director for Europe

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced the appointment of Sameet Gupte as the company’s senior vice president (SVP) & managing director (MD) for Europe based out of London.

Raj Rajgopal, Virtusa’s executive vice president, business development and client services, said, “We are delighted to have Sameet lead our sales, delivery and operations for all industry segments within Virtusa across the UK and Continental Europe. Sameet’s experience in building successful businesses combined with our depth of expertise in Telecom, Media and BFSI will enable us to focus our efforts on expanding our customer base across UK and Continental Europe. In addition, Sameet will also focus on growing our Nearshore center in Hungary to service our global clients.”

Commenting on his appointment, Sameet said, “I am excited to be a part of Virtusa. With a sharp focus on solving core business issues for clients through innovative solutions, Virtusa is uniquely poised to leverage its expertise in path-breaking areas like Mobile Banking, Platforms and BPM for industries like BFS, Telecom and Media. In today’s market this is a key differentiator that makes Virtusa stand out amongst many other players in the industry.”

Previously, Sameet served in many business development and management roles when employed by Headstrong, a Genpact (NYSE:G) company, where he was responsible for the Capital Market’s business in Europe. Prior to that, he worked with Headstrong in California managing the West Operations and also served as the joint Managing Director for Headstrong GmbH in Germany. Prior to Headstrong Sameet has also worked with NCR Corporation (NYSE: NCR) and HCL in Asia.

Sameet holds a degree in Computer Engineering from Pune University and has completed his Finance & Accounting Executive Education Program from Stanford School of Business.

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 Productization are registered trademarks of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

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