Infosys Named Royal Bank of Scotland Group's 2007 "Best Technology Supplier"
Infosys chosen for its ability to deliver predictability and scalability
Edinburgh, UK - June 26, 2007: Infosys Technologies Limited (NASDAQ: INFY) today announced that it has been named the Royal Bank of Scotland (RBS) Best Technology Supplier of 2007. Infosys provides RBS with software development and testing services. Infosys was selected to receive the RBS Supplier Excellence Award for its ability to provide a high level of delivery confidence, which in turn enabled RBS to significantly enhance the speed-to-market of its product offerings.
Since 2002, RBS has engaged with Infosys on several key technology initiatives to rationalize and integrate their enterprise systems. Mike Errington, Director IT Development, RBS said, "Technology underpins most, if not all RBS services, delivering the speed, reliability and instant access that our customers and staff demand. Success in today's environment requires a strong commitment to delivery with an emphasis on innovation and improvement. Infosys has been a trusted partner in our success, consistently enabling commercial benefits while also working with us to provide an exceptional level of service and quality improvements. We are pleased to recognize Infosys as the RBS Best Technology Supplier of 2007."
"Our engagement with RBS is a wonderful example of the trust that can develop over the life of a healthy relationship," BG Srinivas, Head of EMEA, Infosys Technologies, said. "Infosys focuses on delivering a high level of customer satisfaction through robust solutions and services that create quality, long-term engagements. This is why we see 95% of our business repeat. We are proud of the work we have been able to accomplish with RBS over the last four years."
Andy MacLellan, Director Group Purchasing, RBS and Frank McGrath, Director IT Operations, RBS presented the award to the Infosys Account Team, on April 19, 2007 at RBS' Supplier Excellence Awards Ceremony in Edinburgh.
The Royal Bank of Scotland Group ("RBS Group") is one of the world's leading financial services companies providing a range of retail and corporate banking, financial markets, consumer finance, insurance, and wealth management services. RBS Group operates in Europe, the US and Asia Pacific serving more than 36 million personal customers world-wide and employing 135,000 people. In addition to the provision of a full range of banking services under The Royal Bank of Scotland and NatWest brands, RBS Group also includes Citizens Financial Group, Ulster Bank, Coutts Group, Direct Line and Churchill.
About Infosys Technologies Ltd.
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 72,000 employees in over 39 offices worldwide. Infosys is part of the NASDAQ-100 Index. For more information, visit www.infosys.com.
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov
including our Annual Report on Form 20-F for the year ended March 31 2007 and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.