Monday March 1, 9:40 am Eastern Time
Company Press Release
Syntel Wins "Best Business Partner Award" from
Dayton Hudson Corporation
One of Six IT Vendors to Earn Award
TROY, Mich.--(BUSINESS WIRE)--March 1, 1999--Syntel, Inc. (Nasdaq:SYNT - news), a leading Applications
Management and information technology (IT) consulting firm, today announced it has won a ''Best Business Partner Award''
from Minneapolis-based Dayton Hudson Corporation for consulting performed on the Global Merchandising System (GMS)
migration.
''Dayton Hudson is dedicated to being a leader in the retail industry and depends on the partnership of key information services
vendors to achieve that goal,'' said Vivian Stephenson, Dayton Hudson executive vice president and chief information officer.
''We credit each business partner for delivering exceptional performance - thus enabling us to reach our corporate business
objectives.''
Awards were given to the following companies: Syntel, US West, Dell Computer Corporation, Control Data Systems, HM &
Associates, and TCS.
According to Dayton Hudson Corporation, Syntel has been a strong partner with the DHC Global Merchandising System
(GMS) Migration team. Strong leadership, planning, and execution have garnered Syntel an Execution Excellence Award for its
work with DHC IS and the construction of a conversion process and interface systems to support the successful rollout of
GMS.
''We are honored by this award and I'd like to add my congratulations to the outstanding global Syntel team that has really
worked very diligently to earn this recognition,'' said Bharat Desai, Chairman and CEO of Syntel. ''We look forward to
providing continued value to DHC toward reaching their business objectives.''
About Dayton Hudson Corporation
Dayton Hudson is the nation's fifth largest general merchandise retailer, operating large-store formats, including discount stores,
moderate-priced promotional and traditional department stores. The company operates 1,182 stores in 41 states.
About Syntel, Inc.
Syntel provides cutting-edge Applications Management and technology consulting services to Fortune 500 companies such as
AIG, Dayton Hudson, Ford Motor Company, and Borders, among others. Syntel helps its clients better manage their business
applications to improve time to market, productivity, and competitiveness through integrated applications solutions. The
company has more than 2,100 employees in North America, Europe, and Asia and operates four world-class Global
Development Centers in the US and India. To learn more about Syntel, visit the company web site at: www.syntelinc.com
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