Speaking at the ceremony held at the UCSC Auditorium, Ms. Samanthie Gunasekara, Head of People Management & Development, MillenniumIT, said the scope within the IT industry is enormous and, therefore it is up to these students to excel and create a positive impact in the ICT sector in the country. “We need a newer generation of great minds to keep us in the global ICT map.”

She added that it is important for these students to focus on academics and not have to worry about financial constraints that so often take their focus away from studies. “We also hope that in the ensuing years, these scholarships will encourage other students to follow their dreams.”

The selection criterion includes academic performance, and interviews with members of the review committee. Three second-year undergraduates from the Computer Science programme and one from the BICT were selected.

“It is an honour to team up with MillenniumIT and we appreciate their initiative to support the needs of students,” said Dr. Anoja Dharmaratne, Coordinator at the Professional Development Centre, UCSC. “We know how much a scholarship means to these students and encourage other companies to follow this example.”

MillenniumIT also has a scholarship programme for undergraduates in the faculty of engineering of the University of Moratuwa. Besides a financial grant provided for personal expenses, the students receive many other benefits such as having the opportunity of undergoing industry training.

About MillenniumIT®

MillenniumIT is a premier technology solutions provider serving the global capital markets industry. MillenniumIT systems are deployed at over 15 sites, including the American Stock Exchange, ICAP and Perimeter Financial (which provides smart order routing to the Canadian equity market). MillenniumITs suite of capital market products includes Millennium Exchange (multi asset class trading platform), Millennium SOR (RegNMS and MiFID compliant smart order router), Millennium Surveillance (market surveillance and regulatory compliance) and Millennium Depository (integrated clearing, settlement and depository functions).

In Sri Lanka, MillenniumIT is also known as an industry-leading enterprise and telecom solutions provider. In the telecom sector, the Company's focus on Next Generation Networks has come about through a close partnership with Cisco Systems. In partnership with Sun Microsystems and Oracle, MillenniumIT® designs and builds open, standards-based IT infrastructure for large and medium enterprises in the country. The Company is also the leading Security Solutions provider in Sri Lanka.