Telstra Selects Infosys as a Key Partner

Infosys Australia announced that it has been chosen by Telstra as a key strategic partner to support its five-year $450 million AUD application development and maintenance contracts.

John McInerney, Telstra CIO and GMD Information Technology, is confident the new agreements will deliver significant benefits. McInerney said, “This is an important milestone for Telstra IT. One of the key outcomes of our IT transformation is the delivery of operational excellence. These expanded contracts contribute to our strategy and ensure an ongoing investment with our key partners.”

“Infosys has been chosen as one of our key partners in this important area. Our work together in the AD&M domain is crucial to Telstra’s future IT success and we look forward to continuing our relationship,” McInerney added.

“Telstra has been one of our most significant clients globally since 2003, and we’re delighted to be selected to build on that strategic partnership,” said Kris Gopalakrishnan, CEO and Managing Director of parent company Infosys Technologies Limited (NASDAQ: INFY). “As a strategic partner for some of the world’s leading telecommunications companies, Infosys has led the way in leveraging its technology transformation capability for increased global competitiveness.”

Infosys Australia CEO Jackie Korhonen attributed the selection to Infosys’ transformation expertise and proven track record in meeting Telstra’s objectives. In addition to the base spend for maintenance and support of core applications the Infosys-Telstra agreement covers a sizable discretionary spend over the next five years.

“This win speaks to Infosys’ ability to bring its solution and delivery capability in large scale transformation projects,” said Korhonen. “We believe our proven delivery excellence, global expertise and knowledge of the Australian market will help Telstra deliver more responsive service to its customers in Australia and around the world.”

About Telstra

Telstra is Australia's leading telecommunications and information services company, with one of the best known brands in the country. Telstra offers a full range of services and competes in all telecommunications markets throughout Australia, providing more than 9.1 million Australian fixed line and more than 9.7 million mobile services. Telstra’s network and systems infrastructure underpins the carriage and termination of the majority of Australia's domestic and international voice and data telephony traffic. Telstra is Australia’s 3G market leader, with 4.4 million 3G customers. Telstra is the second largest full-service provider in New Zealand and the leading mobile operator in Hong Kong. It has a controlling stake in China's leading real estate and home furnishing web site, SouFun and in June 2008, acquired 55% of two Chinese internet businesses, Norstar Media and Autohome/PCPop, with leading positions in the online auto and digital device advertising sectors.

Telstra’s national media enquiries number is 1 300 768 780 and the Telstra Media Centre is located at www.telstra.com.au/abouttelstra/media.

About Infosys Australia

Infosys Australia (www.infosys.com/australia), a 100% owned subsidiary of Infosys Technologies Limited, is a leading provider of business-driven technology solutions.

Infosys Australia works with clients in the spirit of partnership to assist them in becoming globally competitive, delivering world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent backed by vast global capability, in-depth industry knowledge and technical excellence.

Locally headquartered in Melbourne, Infosys Australia is home to one of Infosys’ largest delivery centres outside India. With approximately 1000 local employees and a strong local management team, the team collaborates with colleagues all over the world to help Australia and New Zealand’s leading organisations win in a Flat World.

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