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iGATE and Forbes to Host iGATE CEO Cup Golf Tournament

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FREMONT, Calif., Oct. 3, 2012 (GLOBE NEWSWIRE) -- iGATE (Nasdaq:IGTE), the first integrated technology and operations company providing Business Outcomes-based solutions, in association with Forbes, publisher of Forbes magazine and forbes.com, will host the first-ever two-day iGATE CEO Cup Golf tournament, awarding $100,000 to the winners' favorite charities. CEOs of top companies based in North America will be invited to participate in this first-class Championship-style golf tournament, which will take place Jan. 12-13, 2013, at the world-famous PLAYERS Stadium course at TPC Sawgrass, Home of the PLAYERS 2013.





"Golf is such a popular sport with CEOs, we felt it presented the best platform for leaders to compete and network among their peers while having some fun along the way," said Phaneesh Murthy, CEO, iGATE. "We take great pride in working with Forbes – a media organization with an unparalleled stature and respect throughout the business community – to put on this exciting event."

"From our experience, CEOs like a challenge and they enjoy participating in events that bring together leaders in their field while supporting a charitable cause," said Robert Forbes, Vice President of Forbes. "When iGATE came to us with the idea of hosting a charity golf tournament for CEOs, we saw very quickly that the company is innovative in its thought processes. We look forward to working with iGATE to put on an event that will be memorable for all involved."

CEOs will compete in a two-day Championship-format tournament with trophies and prizes being awarded in different formats including low individual scores.

About iGATE

iGATE Corporation is the first integrated technology and operations (iTOPS) company providing full-spectrum consulting, technology and business process outsourcing, and product and engineering solutions on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS platform, iGATE's multi-location global organization has a talent pool of over 27,000 employees and consistently delivers effective solutions to over 300 clients including Fortune 1000 companies spanning verticals such as: banking and financial services; insurance and healthcare; life sciences; manufacturing, retail, distribution and logistics; media, entertainment, leisure and travel; communication, energy and utilities; public sector; and independent software vendors. Please visit www.igate.com for more information. iGATE Corporation is listed on the NASDAQ Global Select Market under the symbol "IGTE."

The iGATE Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5150

About Forbes Media LLC

Forbes Media LLC, publisher of Forbes magazine and forbes.com, is an authoritative source of news and information on business, investing, technology, entrepreneurship, leadership and affluent lifestyles. Forbes.com, a leading business website, currently reaches 30 million monthly unique visitors, and Forbes magazine, Forbes Asia and Forbes Europe attract a global audience of 5 million readers. The Company also publishes ForbesLife magazine, as well as 24 licensed local editions around the world.

The Forbes logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15002

CONTACT: Prabhanjan Deshpande "PD" Corporate Communication and Media Relations PD@iGATE.com +91 80 4104 5006 PAN Communications Mike O'Connell / Gene Carozza igate@pancomm.com 617-502-4300 Forbes Media Mia Carbonell mcarbonell@forbes.com 212-620-2288

Source:iGATE Corporation;Forbes Media LLC