Tech Mahindra and Motorola Bring Content to the Consumer through Joint Venture

CanvasM to deliver innovative application solutions for global network providers and enterprises

New Delhi, India and Rosemont, IL – 25 July 2006 - Tech Mahindra, a leading provider of IT services and telecom solutions, and Motorola, Inc. [NYSE: MOT], a global leader in wireless communications, today announced a joint venture to develop and deliver innovative application solutions. The joint venture company, called CanvasM, will enable network service providers and enterprises to launch and manage the deployment of applications that will help increase their differentiation, shorten time to revenue, and reduce total cost of ownership.

CanvasM will implement end-user applications and content services, consistent service creation, and a delivery and management framework utilizing Motorola’s Global Applications Management Architecture (GAMA). CanvasM will deliver customized applications through a dedicated staff that specializes in addressing the varying needs of customers. The portfolio includes messaging, location-based services, entertainment, e-commerce and enterprise productivity applications.

Tech Mahindra will bring the joint venture its experience in applications development and integration capabilities. Motorola contributes its applications portfolio, applications and service delivery platform, and mobile technology expertise. Together, the companies make CanvasM the vehicle for delivering an evolving portfolio of content-based services.

"We are pleased to be working closely with Tech Mahindra to accelerate the evolution of the mobile user experience,” said Srikanth Kannankote, corporate vice president, Motorola Networks & Enterprise. “CanvasM brings together the significant developer communities from both companies to deliver a new generation of mobile experiences to consumers that simultaneously result in operational efficiencies, monetization, commercialization, and competitiveness for our customers."

"The joint venture proposes to provide innovative applications and content services for consumers,” said CP Gurnani, president, international operations of Tech Mahindra. “CanvasM will leverage the synergy of capabilities between Tech Mahindra and Motorola to provide cost-effective service delivery through specialized resources that optimize the development and processes required to create and manage a mobile ecosystem.”

CanvasM will be headquartered in Noida, India. Two research and development centers of excellence will be located in Noida and Bangalore, India. The centers of excellence are state-of-the-art facilities that showcase proof-of-concepts and support the entire applications lifecycle from conception to mass deployment. CanvasM benefits from the expertise in India, while utilizing the existing global go-to-market channels from Motorola and Tech Mahindra.

About Tech Mahindra (Formerly known as MBT)
Founded in 1988, Tech Mahindra is a leading provider of solutions and services to the telecommunications industry (*Nasscom 2005 - ranked eight largest Indian IT services company in terms of export revenue). Majority owned by Mahindra & Mahindra, in partnership with BT Plc. With consolidated revenues of US$280.09 million in the year ended March 31, 2006, Tech Mahindra is India's 8th largest software exporter, and serves telecom service providers, equipment manufacturers, software vendors and systems integrators.

Tech Mahindra solutions enable clients to maximize returns on IT investment by achieving fast time to market, reduced total cost of ownership and high customer satisfaction. Tech Mahindra achieves this through its domain and process expertise, distinctive IT skills, research and development, proven innovative delivery models and approach to offshoring.

Assessed at SEI-CMMi Level 5 and PCMM Level 5, Tech Mahindra's track record for value-delivery is supported by over 11,000 personnel who provide a blend of culture, domain expertise and in-depth technology skill-sets. Its development centers are ISO 9001:2000 & BS7799 certified. Tech Mahindra has principal offices in India, the UK, United States, Germany, UAE, Egypt, Singapore, Thailand, Taiwan & Australia - including major development facilities in India and the UK. www.techmahindra.com

About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $35.3 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com

Tech Mahindra Media and Industry Analyst Contact:
Bibek Chattopadhyay
Office: +91-98-2015-0538
Mobile: +022-6688-2638
bibekc@techmahindra.com

Motorola Media and Industry Analyst Contacts:
Amit Chaudhery
Motorola India
Office: +91-12-4230-3212
Mobile: +91-98-1170-3501
amitchaudhery@motorola.com

Kathy Wiesner
Networks & Enterprise
Office: +1-847-632-6021
Mobile: +1-847-875-0166
k.wiesner@motorola.com

MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. © Motorola, Inc. 2006.

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