Infosys Opens its Gates to Bill!
Hosts Bill Gates at Infosys city, Bangalore
Bangalore, November 13, 2002: Infosys Technologies Ltd. (NASDAQ:INFY), the leading IT consulting and software services company today played host to Bill Gates, Chairman and Chief Software Architect of software giant Microsoft Inc. Bill Gates spent half a day at Infosys, meeting around 100 CEOs from across the country as well as over 2500 developers, including 1000 Infoscions, from leading IT companies in Bangalore. This is Bill Gates' first visit to Infosys city. Infosys, over the last two years, has had the privilege of playing host to a number of industry stalwarts and world leaders including Craig Barrett and Tony Blair.
Commenting on his time at Infosys, Bill Gates said, "Thank you for your great hospitality. I am very impressed with all that you have done here."
As is customary, Bill Gates planted a tree to mark his visit to Infosys. Accompanied by Infosys top management, including Narayana N R Murthy, Chairman and Chief Mentor and S Gopalakrishnan, Deputy Managing Director and Chief Operating Officer, he toured the 52 - acre Infosys campus, making a stop at the Infosys Microsoft Enterprise Architecture Lab. The Infosys Microsoft Enterprise Architecture Lab was set up when the two companies entered into an alliance to combine Infosys' capabilities in developing end - to - end business solutions with Microsoft's world class products. The Infosys Microsoft Enterprise Architecture Lab provides focused training and support to technical specialists working on the Microsoft. NET platform. The lab also showcases. NET capabilities of Infosys to customers and prospects through horizontal and vertical Proof Of Concepts (POCs) developed at this lab. The Infosys Microsoft Enterprise Architecture Lab helps provide Architectural Validation through final performance engineering testing, thereby reducing the Total Cost of Ownership (TCO) to customers. According to S Gopalakrishnan, Deputy Managing Director and Chief Operating Officer, Infosys Technologies, "We are honored to have as eminent a person as Bill Gates with us today. India's importance as a global software center is further enhanced by Bill Gates' visit. Infosys and Microsoft have been working together successfully to develop and support business applications that would best suit our clients' requirements. The Infosys Microsoft Enterprise Architecture Lab is a key initiative in this direction, to study, develop and promote Microsoft's. NET architecture. Our alliance with Microsoft has been a successful one and we look forward to a long and fruitful relationship."
About Infosys Technologies Ltd.
Infosys, a world leader in consulting and information technology services, partners with Global 2000 companies to provide business consulting, systems integration, application development and product engineering services. Through these services, Infosys enables its clients to fully exploit technology for business transformation. Clients leverage Infosys' Global Delivery Model to achieve higher quality, rapid time - to - market and cost - effective solutions. Infosys has over 13,000 employees in over 30 offices worldwide. For more information visit www.infosys.com.
Infosys Safe Harbor
Certain statements in this release concerning our future growth prospects are forward - looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward - looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed - price, fixed - time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20 - F for the fiscal year ended March 31, 2002 and the Quarter Report on Form 6 - K for the quarter ended June 30, 2002. These filings are available at www.sec.gov
. Infosys may, from time to time, make additional written and oral forward looking statements,including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward - looking statement that may be made from time to time by or on behalf of the company.