Newtec and Tech Mahindra Sign Contract of Cooperation

Agreement was witnessed by His Excellency Geert Bourgeois, Minister-President of the Government of Flanders, as part of an economic delegation from Flanders

SINT-NIKLAAS, Belgium, and PUNE, India, 25 April 2016. Newtec - a specialist in designing, developing and manufacturing equipment and technologies for satellite communications - and Tech Mahindra a specialist in digital transformation, consulting and business re-engineering, today announced they have entered into an agreement which will see the two companies cooperate on future projects.

The contract signing took place earlier today as part of the Economic Mission from Flanders to India, which is headed by His Excellency Geert Bourgeois, Minister-President of the Government of Flanders. The trip will last five days and has 55 companies and around 85 people in its delegation.

Newtec and Tech Mahindra - which has a strong and ever-growing presence in Belgium - will initially work together on a contract awarded by the UAE based satellite operator Yahsat. Newtec will supply its Newtec Dialog multiservice VSAT platform, including VSAT baseband hubs and user terminals, while Tech Mahindra will provide the installation and configuration of the IT applications (OSS and BSS), which will work with Newtec's satellite transmission solution, offering a complete broadband solution for consumers and businesses in Brazil. (Read more in our joint press release with Yahsat)

The Yahsat project is of major importance for the satellite communications industry in Brazil and marks the beginning of what we hope will be a long partnership with Tech Mahindra, said Serge Van Herck, CEO of Newtec, which is based in Sint-Niklaas, Belgium. The combined expertise from both companies will ensure Yahsat is offered the most efficient and best value solution.

Yahsat will use Newtec's and Tech Mahindra's offering to provide next-generation satellite broadband and IP connectivity services for its customers - from consumers and enterprises using affordable YahClick satellite broadband service, to the provision of backhaul solutions for telecom operators and ISPs. The services are due for commercial launch in mid-2017.

Very Small Aperture Terminal (VSAT) is a satellite communications system that serves home and business users. This satellite sends and receives signals from an earth station computer that acts as a hub'.

We are excited about associating with Newtec to strengthen our reach in the Belgium market to drive greater synergies and deliver more value to customers, said CP Gurnani, MD & CEO, Tech Mahindra. Driven by innovation, creativity, technological expertise, makes the business landscape of Belgium remarkably varied. We are happy that the government remains committed to focus on the competitiveness of Belgium as an international business hub and look forward to creating and contributing to more such prospects.

- ENDS -

Your Contacts Newtec

Kerstin Roost

Public Relations Director

Tel: 49 30 430 95 562

Kerstin.Roost@Newtec.eu

Tech Mahindra

Richa Shah

Global Media Relations

Tel: 951 521 9579

Richa.Shah@Techmahindra.com

About Newtec Newtec, www.newtec.eu, is specialized in designing, developing and manufacturing equipment and technologies for satellite communications. As a pioneer in the industry, Newtec is dedicated to creating new possibilities for the broadcast, consumer and enterprise VSAT, government and defense, cellular backhaul and trunking and mobility, offshore and maritime markets. Our products and technologies can be applied in a wide range of single and multiservice applications from DTH broadcasting, video contribution and distribution and disaster recovery and backbones for backhauling, to small and medium enterprises, SCADA networks, manned and unmanned aircrafts, trains, border control, Morale, Welfare and Recreation (MWR) and maritime.

For over 30 years, our dedicated team of specialists has set industry standards with the most efficient, scalable and economical technology solutions. New challenges and customer needs offer opportunities to explore new boundaries. This empowers us to work even harder, helping customers to perform their best so that, together, we can make the world a safer, more informed and connected place. As a result, more than 3 billion people watch TV every day thanks to Newtec technology.

Newtec is a European company founded in 1985. Through commercial offices in Sint-Niklaas (Belgium), Dubai (UAE), Singapore, Beijing (China), Sao Paulo (Brazil) and Stamford, CT (USA) as well as an extensive network of over 100 certified partners, Newtec can meet customer's needs worldwide.

About Tech Mahindra Tech Mahindra, www.techmahindra.com, represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise . We are a USD 4.0 billion company with 107,100 professionals across 90 countries, helping over 800 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2014 List.

We are part of the USD 16.9 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, after-market and vacation ownership.

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