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Market Capitalization of Listed Indian Infotech Companies

(In US$ Billion)

Huge potential for growth and many listings expected on NASDAQ, NYSE and LSE

Another significant pointer to the country's dot com success lies in the industry's market capitalization figures. Surveys indicate that the market capitalization of dot com companies jumped from $4 billion in January 1999 to $55 billion by June 2000. This phenomenal hike over only 18 months is an indicator of just how hot this sector is.

Wall Street analysts, hailing the arrival of the Indian software and dot com companies on the US stock markets, are estimating that at least 20 more companies will join the NYSE, NASDAQ bandwagon during the next eighteen months.

Satyam Infoway In fact, a subsidiary of Satyam Computer Services Ltd., was the first Indian Internet Services Company to be listed on NASDAQ. Today, it is a leading private Internet Service Provider (ISP) in India offering a host of Web related services, including Internet access, content and commerce. Satyamonline.com, a Web portal is the first port-of-call for those looking at India specific content and commerce on the Net. Satyam Infoway today enjoys a market capitalization of approximately $8 billion at NASDAQ.

Satyam Computer Services Ltd. is also a SEI CMM Level 5 Company, and a global provider of end-to-end IT solutions. The company also ranks among the Top 5 software exporters from India.

The company offers information technology expertise in the areas of software development services, consulting, systems integration, ERP solutions, product development, electronic commerce and Internet-based services.

Satyam specializes in integrated solutions for industries like manufacturing, banking and financial services, insurance, transportation, telecom, healthcare and utilities.

Satyam offers IT solutions through its state-of-the-art development centers located in the USA, Japan, Singapore, the UK, and India. These centers work as extended enterprises for over 150 Fortune 500 and multinational clients worldwide including many US blue chips like Ford, General Electric, General Motors, Caterpillar, 3Com, Cable & Wireless, Boeing, NCR and Selective Insurance among others.