Company’s Leading Software Engineering and Go-To-Market Capabilities, Combined with Innovative Culture and Global Customer Base, Cements the Top Ranking in the Annual Report

Palo Alto, Calif., May 24, 2011 – Symphony Services today announced it has been named the top Research and Development (R&D) Service Provider, in the software and ISV vertical, in the Global R&D Service Providers Rating 2011 by Zinnov Management Consulting, the premiere globalization advisory and management consulting firm. Symphony secured the top ranking after a comprehensive analysis by Zinnov of the company’s human capital, global engineering services capabilities, lengthy history of successful client engagements and strong financials. Of the more than 75 service providers analyzed, Zinnov concluded that Symphony is the clear leader in directly advancing clients’ market position. This is the second time that Symphony has secured the top ranking, having last done so in 2009.

In addition to securing the overall R&D service provider leadership position in the software and ISV segment, Zinnov ranked Symphony as a leader in the storage engineering vertical based on its long and successful track record in engineering cutting edge storage technologies. Said Pari Natarajan, Chief Executive Officer, Zinnov Management Consulting, “Our comprehensive analysis proves that Symphony stands out for delivering contemporary engineering services that strengthen clients’ competitive position, which in turn helps them lead their respective markets. Moreover, Symphony’s established global customer base and clear vision for the future of R&D make it the clear leader in the Software and ISV vertical. We congratulate them on this stellar performance and their ranking in our ‘Global R&D Service Providers Rating’ this year.”

With a laser focus on delivering against agreed upon outcomes, Symphony excels in shortening time to market for new products, ensuring higher quality and delivering greater innovation to compete in a global marketplace. Zinnov’s evaluation of Symphony is the latest in a series of accolades the company has secured as a result of launching innovative, market-defining services spanning Enterprise Mobility, Cloud Enablement / SaaS, Product Quality Management (PQM) and more. Zinnov also recognized Symphony’s proven success in selling to multiple, high-growth vertical industries, including banking and financial services, business services, healthcare, insurance, retail and storage.

Symphony Services’ Chief Executive Officer Sanjay Dhawan, said: “Securing Zinnov’s top rating again validates the unique model that has served us so well: to deliver aggressively against agreed-upon outcomes while bringing to market highly differentiated engineering services offerings that software companies need now.” He added, “We are extremely proud of this latest recognition because it validates the recipe for success that we’ve long championed in the industry.”

About Symphony Services

Symphony Services is a leader in software product engineering services. The company’s innovative Engineering Outcome Certainty™ engagement model offers a strict, metrics-driven approach, ensuring complete alignment with clients’ business objectives. This methodology is proven to help clients achieve a range of goals, from improving product line revenue to raising client satisfaction, increasing product innovations and reducing time-to-market.

The company’s employees globally support over 1,200 product releases annually, helping clients drive unparalleled innovation while bringing predictability to costs, schedules and quality of the outsourced engineering process. Symphony Services’ capabilities across the full Product Development Lifecycle maximize the ROI for client engineering organizations while delivering market-leading products in Telecom, Healthcare, Energy, Automotive, Consumer Electronics, Financial Services and Internet Commerce.

Symphony Services is headquartered in Palo Alto, Calif., with facilities in North America, India, Europe and China. For more information, please visit www.symphonysv.com.

About Zinnov Management Consulting Pvt. Ltd.

Founded in 2002, Zinnov – meaning Zeal in Innovation – is a leading management consulting company providing services in the area of Offshore Advisory, Market Expansion and Human Capital Optimization to Fortune 1000 companies. Zinnov works collectively with clients to tackle prevailing organizational challenges by analyzing the changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques, provides solutions that help in integrating organizational vision, business definition and processes.