Bangalore, India and Fremont, California - July 23, 2002
Infosys Technologies Limited (NASDAQ: INFY) announced today that Mr. Phaneesh Murthy has resigned from the company's Board of Directors and as Head - Sales & Marketing and Communication & Product Services (CAPS) effective July 23, 2002 Mr Phaneesh Murthy cited as the reason for his resignation, the need for personal time to devote attention to, and pursue a successful defense of, a recent lawsuit filed against him and the company, alleging wrongful termination and sexual harassment.
Commenting on the resignation, Mr. N. R. Narayana Murthy, Chairman and Chief Mentor, said "Phaneesh has been an integral part of Infosys' growth in the last 10 years Phaneesh has performed outstandingly in sales and marketing and CAPS and we are sorry that he has tendered his resignation in these circumstances We wish him well for the future."
Infosys also announced that it has appointed Mr Basab Pradhan as its new Senior Vice President and Head - Worldwide Sales, taking over part of Phaneesh's portfolio Prior to his appointment, Mr Basab Pradhan served as the company's Regional Manager and Vice President - Sales (West North America).
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 10,000 employees in over 30 offices worldwide. For more information visit www.infosys.com.
For further information, please contact: PR_Global@infosys.com