CRF Institute Recognizes Company for Demonstrating HR excellence

WESTBOROUGH, Mass - March 28, 2012 - Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation, and application outsourcing services, today announced it has been certified by the Corporate Research Foundation (CRF) Institute for the second year in a row as one of Britain’s Top Employers for 2012. The company scored exceptionally well in the categories of Secondary Benefits & Working Conditions, Training and Development, and Career Development.

Now in its 12th year, Britain’s Top Employers uses international standards and independent research done by the CRF Institute to identify those companies excelling in HR management. Virtusa was recognized for its outstanding HR policies, exceptional working conditions and exceptional training and career development programs. Companies were assessed based on key HR-related areas including Primary Benefits, Secondary Benefits & Working Conditions, Training and Development, Career Development, and Company Culture.

“It is an honor to be named as one of Britain’s Top Employers,” said Kris Canekeratne, chairman and CEO of Virtusa. “We are committed to providing a work environment that is inspiring and conducive for innovation which provides a unique opportunity for continuous learning and career growth. This, combined with unrelenting focus on service excellence, allows Virtusa to consistently create and deliver solutions which enable our clients to accelerate their business outcomes and gain competitive advantage.”

“We are delighted to receive this recognition,” said Sundararajan Narayanan, senior director, HR, US/Europe at Virtusa. “It validates our strong people practices which focus on creating an environment where our employees can realize their full potential. It also reinforces the fact that the right environment can be the catalyst for enhanced employee experience, leading to professional and personal success.”

“This year we’re proud to certify our strongest group of Top Employers to date,” said Eleanor Nickerson, country manager, Britain’s Top Employers. “Increasingly we’re seeing creative and intelligent HR practices and employee offerings that ensure the working experience is positive and that employee groups get what they want from their employment. We’re seeing a heavy emphasis on flexible benefits, segmented employee offerings and on career development that ensures employee growth and good succession planning.”

CRF was founded in 1991 as a joint initiative of academics, business journalists, trade associations, researchers and international publishers, with a mission of offering independent HR assessment and recognition. The Top Employers methodology was developed by the CRF Institute as a means to carry out this mission, acknowledging companies excelling in HR, leadership and strategy.

This year’s certified organizations were recognized at an awards dinner on March 22 at The Park Plaza Westminster Bridge in London.

The full list of Britain’s Top Employers for 2011 can be accessed at the company’s website at http://www.britainstopemployers.co.uk/Home.aspx

Virtusa has won numerous awards over the past year, having been named to lists including Forbes’ 2011 Best Small Companies in America, the 2011 FinTech 100, Dataquest-CMR Top 20 Best IT Employers in India for 2011, and the 2011 Global Services 100 as well as earning recognition as a recipient of Pegasystems’ first annual Partner Excellence Awards.