Featured on the list for the 4th Consecutive Year, Moves up the Ranking

Hyderabad – (November 12, 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, announced today that the company has been ranked No. 5 in the Dataquest-CMR (DQ-CMR) Best IT Employers Survey 2012. The company was rated high on ‘Company Image’, ‘Culture’, ‘Training’, ‘Job content’ and ‘People’ and made significant presence across all other categories.

Commenting on the achievement, Samir Dhir, senior vice president/global delivery head and head of India Operations said, “We are delighted at this achievement and being recognized as one of the best employers in the Indian IT industry is a distinct honour. What makes it especially satisfying is that we have moved up the ladder from the 9th position to the current 5th position and it has happened due to the fast track growth opportunities and open culture that we provide backed by our people-centric practices and employee satisfaction initiatives”.

Sundararajan Narayanan, vice president and global head of Human Resources at Virtusa said, “Congratulations to the Virtusa family on this fantastic achievement. We are honoured to be on the prestigious DQ-CMR Best IT Employers Survey 2012 ranking for the fourth year in succession. Our consistent progression through the ranks over the past four years is a testament to our commitment to building a world-class people-centric organization”.

Further, he added, “People are our biggest assets and we believe that providing an engaging and nurturing workplace is critical to our business growth. Sustaining and growing high standards of HR practices within the organization, despite the demands of business growth and 20% growth in our employee base, has been a challenging and rewarding experience. Awards like DQ-CMR Best IT Employers 2012 provide the necessary motivation for us to excel at implementing better and more efficient HR practices in order to attain our strategic goals”.

This is the 4th consecutive year in a row that Virtusa has been ranked in DQ-CMR Best IT Employers Survey for its people- focused HR practices, reaffirming its position as one of the best employers of choice in the IT industry.

In the past year, Virtusa has been recognized for its HR excellence and best practices across US, UK, India and Sri Lanka, having been named to Stevie’s American Business Awards, International Business Awards, Britain’s Top Employers award and the HRM Award in Sri Lanka.

About Dataquest-CMR (DQ-CMR) Best IT Employers Survey

The DQ-CMR survey was designed and carried out in two phases, which saw participation from IT companies in India. The survey included questions covering various parameters including composite satisfaction, company culture, job content/growth, training, salary and compensation, appraisal systems, people and gender inclusivity among others. Dataquest is a flagship publication released by CyberMedia Group and it collaborated with CyberMedia Research (CMR) to bring out the top 20 Indian IT employers this year.

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