Celebrates surpassing $1 B revenue milestone in a first-of-its-kind way

PUNE, India, Oct. 17, 2023 -- Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, recently achieved three GUINNESS WORLD RECORDS titles for the Largest bicycle logo/image, Most live viewers of a cycling awareness video lesson on YouTube, and the Largest online video album of people riding bicycles to reinforce its commitment toward environment and employee health.

When Persistent crossed the $1 billion annual revenue milestone in FY23, it decided to send a token of its appreciation to its global employees for their contribution to its continued success. Among the choices given to the employees were an electronic audio device, travel accessories, and bicycles. About 9,000 employees opted for the bicycle, which prompted Persistent to initiate the GUINNESS WORLD RECORDS title attempts and further encourage the fitness journeys of its employees.

On the records front, the Company created its logo with 704 bicycles, showcasing its dedication to employee wellness and symbolizing it by etching it in its brand identity. 7,348 employees and their families viewed the cycling awareness lesson live on YouTube to help them understand more about cycling best practices and safety. Further, to make cycling a movement and motivate employees to adopt environment-friendly transport, the Company built an online video album of people riding bicycles, with 5,098 individuals contributing to it.                                                                                                              

Sandeep Kalra, CEO and Executive Director, Persistent:

"Well-being of our employees is an essential part of Persistent's culture and has always been our priority. We were proud to see that most of our global team members chose bicycles as a billion-dollar gift, and what's better than creating a world record to celebrate this spirit. Achieving three GUINNESS WORLD RECORDS titles has encouraged our teams even more to focus on their physical and mental health. I want to express my gratitude to all the employees and their family members who contributed to setting this record and demonstrating their dedication to overall well-being #ThePersistentWay."

About Persistent

With over 23,000 employees located in 21 countries, Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 268% growth since 2020, Persistent is the fastest-growing Indian IT Services brand according to Brand Finance.

www.persistent.com

Forward-looking and Cautionary Statements For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs

Media Contacts :

Emma Handler

Persistent Systems (Global)

+1 617 633 1635   

emma_handler@persistent.com           

Rhea Mistry

Archetype

+91 992 058 2926

rhea.mistry@archetype.co 

Photo: https://mma.prnewswire.com/media/2249351/Arial_view_of_bicycle.jpg

Logo: https://mma.prnewswire.com/media/1022385/Persistent_Systems_Logo.jpg