Press Release

Avasant wins the European Outsourcing Awards for Corporate Social Responsibility 2015

Los Angeles, CA - October 29, 2015 - The European Outsourcing Association (EOA) has announced Avasant as the winner of the 2015 Corporate Social Responsibility Award. Europe's premier outsourcing association credits Avasant's impact sourcing initiatives for their success in creating positive change through sustainable employment generation for high potential and underserved youth around the world. In its submission, Avasant highlights its "Digital Jobs Africa" initiative, committed to promoting and developing long term employment opportunities in STEAM, and impacting 1 million lives in six countries in South Africa, Nigeria, Kenya, Ghana, Morocco, and Egypt. "In the past six months, Avasant has strengthened its local presence across Europe. The recognition by EOA will further reinforce our growth momentum internationally," said Kevin Parikh, Global CEO of Avasant. "This initiative has resulted in investments by Fortune 1000 Companies to create employment opportunities for more than 3000 youth." Last week, Avasant Foundation garnered further recognition from President Bill Clinton at the Clinton Global Initiative annual meeting in New York, celebrating its success in launching the Digital Youth Employment Initiative in Kingston, Jamaica within 6 months of becoming a member. About Avasant With its headquarters in Los Angeles, California, Avasant is a leading management-consulting firm providing digital transformation, sourcing advisory and governance services to Fortune 1000 clients around the globe. Our talented team of consultants, technologists and lawyers average over 20 years of industry-honed experience and have conducted 1,000+ engagements in over 40 countries worldwide. Avasant drives customer value through the use of its proprietary consulting and advisory methods, which have been refined over decades of real world transaction and engagement experience. The combination of world-class resources and cross-industry experience enables Avasant to yield superior business outcomes for its global clients across four primary domains: Digital, Business & IT Transformation, Strategic Sourcing, and Globalization Advisory. Learn more at www.avasant.com About Avasant Foundation Avasant Foundation (AF) is a 501 (c) 3, not-for-profit organization, which aligns corporate social responsibility initiatives for Avasant and its affiliates by leveraging its expertise in globalization, rural economic development, skills development, and technology services. AF's mission is to identify and support programs that empower and create opportunities for high potential disserving youths in underdeveloped and emerging economies. Learn more at www.avasantfoundation.org Follow news, photos and video on Twitter at www.twitter.com/avasant, Facebook athttps://www.facebook.com/avasantllc, and LinkedIn at https://www.linkedin.com/company/avasant. For complete event details, please visit https://avasant.com/events. For further information, contact: Jemie Sae Koo Vice President of Marketing Avasant jemie.saekoo@avasant.com