Released on: October 21, 2008, 12:40 am

Press Release Author: Ritika

Industry: Industrial

Press Release Summary: MindTree, a global IT and R&D services company, has been
awarded the Asian Most Admired Knowledge Enterprise (MAKE) Award by Teleos, in
association with The KNOW Network.

Press Release Body: MindTree, a global IT and R&D services company, announced today
that it has been awarded the Asian Most Admired Knowledge Enterprise (MAKE) Award by
Teleos, in association with The KNOW Network. This was announced at the World
Knowledge Forum 2008, in Seoul, South Korea, where the award was presented to
MindTree. The Asian MAKE Award recognizes Asian organizations that are front leaders
in effectively transforming enterprise knowledge into wealth-creating ideas,
products and solutions.
A panel of Asian Fortune Global 500 business executives and leading knowledge
management and intellectual capital experts found MindTree to be the best among
Asian organizations in the area of Knowledge Management. "We are honored to receive
this prestigious recognition. Knowledge Management at MindTree is a strategic
undertaking that significantly impacts our productivity and ability to innovate in
providing services and solutions to our customers," said MindTree Chairman &
Managing Director Ashok Soota.
MindTree's Knowledge Management Function allows the firm to harness the knowledge
and ideas of its people towards innovation, better service delivery, and
organizational learning. MindTree's approach to Knowledge Management is holistic and
focused on building a knowledge ecosystem, which MindTree defines as four 'spaces'
within which its people interact to create value: physical space, virtual space,
social space, and mind space. The key thrust areas of Knowledge Management in
MindTree are innovation, collaboration and reuse. All these have been realized by
deploying multiple platforms that impact people's behavior, creativity and
productivity. "Our knowledge strategy is differentiated in the industry by its
completeness of vision and scope," said MindTree Vice President and Chief Knowledge
Officer Raj Datta. "In addition to deploying feature-rich technical platforms, we
are differentiated by our focus on softer enablers like social networking,
culture-building and creative thinking."
In the MAKE study performance dimensions, MindTree was the top ranked company in
Asia in 'innovation in knowledge-based products/services/solutions' and 'maximizing
enterprise intellectual capital'. It was ranked second in 'developing knowledge
workers through senior management leadership'.
In 2007, MindTree was declared the Number 1 ranked Most Admired Knowledge Enterprise
in India. MindTree also won the NASSCOM Innovation Award 2007 for its knowledge
ecosystem.
Teleos, an independent knowledge management and intellectual capital research firm,
administers the Most Admired Knowledge Enterprises (MAKE) program. The KNOW Network
is a Web-based global community of organizations dedicated to achieving superior
performance through benchmarking, networking and best practice knowledge sharing.

About MindTree
MindTree Limited is a global IT and R&D Services Company co-headquartered in the
U.S. and India. With a passion for customer satisfaction, MindTree partners with
its clients to create a transparent, value-based relationship. Our domain experts
deliver business-enabling solutions by leveraging a consulting led, framework-based
and IP-driven approach. MindTree's IT Services business provides a range of
services to CIOs across a variety of industry segments. Our R&D Services business
works with Technology companies to help build innovative products by providing
Product Realization services. MindTree has acquired an 80% equity stake in Aztecsoft
Ltd., a global leader in outsourced product development and independent testing. The
Company intends to complete the merger by April 2009.

MindTree was named among the Top 30 offshore service providers by the International
Association of Outsourcing Professionals and Fortune Magazine. Widely known for its
focus on human capital development, MindTree has been consistently rated among the
most admired employers by several industry surveys, including Hewitt Associates and
Mercer/TNS, and is also the winner of the MAKE Award for knowledge management.
MindTree has been selected as one of the Top 25 companies for good Corporate
Governance practices. MindTree is publicly listed in India. Please visit us at
www.mindtree.com.


Web Site: http://www.mindtree.com/newsandevents/september16_2008.html

Contact Details: Ashwini Rajeswara - ashwini_rajeswara@mindtree.com; 91-80-67061000