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Intelligroup Announces Appointment of Vikram Gulati As Chief Executive Officer and President

EDISON, N.J., April 4, 2005/PRNewswire-FirstCall/ -- Intelligroup, Inc., a global provider of strategic IT outsourcing services (the “Company”), today announced that Vikram Gulati has been appointed as the Chief Executive Officer and President of Intelligroup and has also been appointed to the Company’s Board of Directors. Arjun Valluri will no longer serve as the Company’s Chief Executive Officer, President and Chairman of the Board. The role of Chairman of the Company’s Board will remain open pending a review by the Company’s Board.

Mr. Gulati brings to Intelligroup over 17 years of experience in the industry having held several positions with Wipro Ltd. including, most recently, as the head of Wipro’s global Enterprise Application Solutions group where he was responsible for growing Wipro’s worldwide ERP practice from an annualized business of $20 million in revenue to $160 million in revenue over four years, delivered by 2700 professionals across 16 countries.

“On behalf of the Intelligroup Board, we are pleased that Mr. Gulati has accepted this role”, said Ravi Adusumalli, Director. “After a careful search, we are confident that we have found a talented and proven leader who will help build upon the foundation of the Company and harness its potential for future success.” Mr. Adusumalli continued, “At the same time, the Intelligroup Board thanks Arjun Valluri for his many years of leadership”.

After appointment, Mr. Gulati noted “I am excited to take this key role with Intelligroup. Intelligroup has a strong entrepreneurial spirit and committed employees who have provided significant value to its customers over the years. I am eager to work with the Intelligroup team to refocus our energies on renewing the Company’s growth and capitalizing on our substantial market potential. With a new Board of Directors and dedicated shareholders, I believe we have the tools and resources to achieve our collective aspirations”.
 
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