WESTBOROUGH, Mass., – VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing services, announced that it has been awarded two Stevie Award recognitions; a Gold award for Investor Relations and a Silver award for Most Innovative Technology Company of the Year. The American Business Awards are presented by the Stevie Awards, a U.S.-based business awards program.

“We’re honored to receive these Stevie Awards in recognition of our investor relations program, and for being one of the most innovative companies in the technology industry,” said Ranjan Kalia, chief financial officer, VirtusaPolaris. “We pride ourselves on constantly striving to develop the most innovative solution sets that accelerate business outcomes for our clients. That same dedication to excellence extends to our investor relations program, where our guiding principles are to maintain a high level of transparency and visibility with the investment community at all times.”

As a Gold winner in Investor Relations, VirtusaPolaris was recognized for its comprehensive and deep engagement with its investors and the financial community, providing transparency and extensive information in terms of stock coverage and pricing. VirtusaPolaris was also hailed for the execution of its acquisition of Polaris Consulting & Services, managing a major deal of high complexity.

In the Most Innovative Technology Company of the Year category, VirtusaPolaris was honored for its creative technical environments that nurture innovation, supported by a strong technical team to help its customers achieve profitability. Among its services and offerings that impact business value and bring innovation to the table, VirtusaPolaris was recognized for its InsightLive and Centroid solutions that reduce errors, while increasing service quality and profitability.

“We’re humbled and honored to receive this recognition which showcases our continued success in technology innovation,” said Chandika Mendis, global head of Engineering, VirtusaPolaris. “Our philosophy has always been to accelerate every phase of the systems development life cycle and provide those benefits back to our clients, while simultaneously creating an engaging environment for development teams. We’ve seen tremendous value for our clients as well as our team members from this approach.”

This year’s awards were presented to VirtusaPolaris during The 14^th Annual American Business Awards banquet at the Marriott Marquis Hotel in New York City.

VirtusaPolaris is a leading worldwide provider of information technology (IT) consulting and outsourcing services, having received several recognitions, including being named to the IAOP® Global Outsourcing 100 list, a Star Performer in Large Insurance Application Outsourcing Relationships by Everest Group, a Top 10 Sourcing Service Provider by ISG, and to the Gartner Magic Quadrant for IT Services for Communications Service Providers.

About VirtusaPolaris: VirtusaPolaris, the market-facing brand reflecting the combined strengths of Virtusa Corporation and Polaris Consulting & Services, Ltd. is a global provider of information technology (IT) consulting and outsourcing services that accelerate business outcomes for Global 2000 companies and leading software vendors in banking and financial services, insurance, healthcare, telecommunications, technology, media and entertainment.VirtusaPolaris’ solutions address the CXOs’ dual challenge of growing revenues while improving IT cost efficiencies. VirtusaPolaris’ digital services leverage innovative new technologies to reimagine the customer experience, increasing retention and creating lasting value. VirtusaPolaris’ preemptive outsourcing solutions help clients reduce risk and improve IT operations.VirtusaPolaris delivers services across the IT lifecycle, including consulting, solution design, technology selection, implementation, testing and maintenance & support, including infrastructure support. Inheriting a strong heritage in software engineering, VirtusaPolaris is highly qualified to both develop and maintain software, using a proven platforming methodology and advanced Agile and Accelerated Solution Design techniques to reliably produce results on time and within budget.Holding a record of success across industries and unparalleled domain expertise, VirtusaPolaris understands clients’ business challenges best and uses that to deliver distinctive, differentiated and innovative application of technology to solve those problems. Examples of large business transformations completed include the world’s largest P&C claims modernization program, one of the largest corporate customer portals for a premier global bank, an order to cash implementation for a multinational telecommunications provider, and digital transformations for media and banking companies.Virtusa Corporation is headquartered in Massachusetts, and together with Polaris, has 50 offices across North America, Europe and Asia.