Alsbridge Reports Successful Outsourcing Leadership Forum for Leading Business Executives Responsible for Outsourcing, Shared Services and Offshore

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Alsbridge, the independent Outsourcing, Shared Services and Offshore consultancy firm, has announced a successful conclusion to the spring 2006 Outsourcing Leadership Forum (OLF) series, which ended on Wednesday, June 14, 2006, in New York City.

Alsbridge, the independent Outsourcing, Shared Services and Offshore consultancy firm, has announced a successful conclusion to the spring 2006 Outsourcing Leadership Forum (OLF) series, which ended on Wednesday, June 14, 2006 in New York City. The OLF series serves as an exclusive venue for top executives and outsourcing professionals to discuss and share ideas and case studies on outsourcing, shared services and offshoring transactions in a no-sales environment that promotes open communication unique to any other forum. Officials with Alsbridge are currently developing the Fall OLF schedule with events planned in key locations across the U.S.

The New York event focused on key strategies surrounding offshore outsourcing and captive offshore site development. In addition, Senior Fortune 500 executives shared the lessons they’ve learned from recent offshore ventures, and focused unique country and location selection issues. Areas of focus at this event included Finance and Accounting (F&A) and HRO outsourcing.

“Though only in our first year of offering the OLF series, the response has been incredible,” noted Ben Trowbridge, Chairman of the Outsourcing Leadership Forum and CEO of the sponsoring company Alsbridge. “The OLF series has attracted the attention of thought leaders and senior executives from Fortune 500 companies across the U.S. who are wrestling with pragmatic offshore sourcing issues. I’m confident the OLF series will become a key tool in helping business executives learn new ways to reduce costs, improve processes and maximize their company value.”

Syntel, Inc., a global information technology services and business process company, served as the co-hosting sponsor for this (OLF).

“Syntel is pleased to have played a part in the spring OLF series,” noted Jonathan James, Vice President, Global Marketing at Syntel. “This forum provides an exceptional opportunity for executives to meet and discuss Best Practices with their peers, all in a very relaxed environment. The level of information, research and case studies presented during the OLF is really outstanding. And the limited size of the forums keeps the room intimate, and the dialogue and ideas among colleagues flowing.”

OLFs, which are only available to buyers / clients of outsourcing services, is led by top industry professionals who have a proven track record in the outsourcing, shared services and offshoring sectors. Each speaker focuses on current case studies and research relevant to the audience’s needs. Issue sharing and industry panel discussions foster open dialogue among executives who share their concerns, challenges and successes in ongoing and upcoming sourcing initiatives. Press and providers of outsourcing services are excluded from attending OLF events which serves to support the open, no-sell environment.

More information about the Outsourcing Leadership Forum can be found at http://www.outsourcingleadership.com/events_rsvp.shtml.

About Alsbridge

Alsbridge (http://www.alsbridge.com) is the premier consulting firm providing unbiased advice on the use of Outsourcing, Shared Services and Offshoring for functions such as Information Technology (IT), Human Resources (HR), Finance & Accounting (F&A), Customer Relationship Management (CRM), Procurement, and other business processes. Our consultants average over 15 years experience specializing in Outsourcing, Shared Services and Offshoring transactions and have served as managing partners and senior executives at leading firms such as Ernst & Young, Capgemini, EDS, Accenture, PwC and KPMG. With global presence across North America, Europe and Asia Pacific, we provide clients with unmatched functional experience and in-depth industry knowledge. We help clients reduce costs, improve processes and maximize shareholder value through the use of both onshore and offshore Outsourcing and Shared Services.

About Syntel

Syntel (NASDAQ: SYNT) is a leading global provider of custom outsourcing solutions in a broad spectrum of information technology and information technology-enabled services. The Company's vertical practices support the entire Design-Build-Operate-Optimize lifecycle of systems and processes for corporations in the Financial Services, Insurance, Retail, Health Care and Automotive industries. The first US-based firm to launch a Global Delivery Service to drive speed-to-market and quality advantages for its customers, Syntel now leverages this efficient model for the majority of its Global 2000 customers. Recently named one of Forbes Magazine's "Best 200 Small Companies in America," Syntel has more than 6,300 employees worldwide, is assessed at Level 5 of the SEI's CMMI, BS 7799-2:2002 as well as ISO 9001:2000 certified. To learn more, visit us at:http://www.syntelinc.com.

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Derek Toone
ALSBRIDGE
214.696.6410
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