Bangalore November 29, 2004
Infosys Technologies continued its tradition of encouraging young talent through another ‘first - of its - kind’ initiative - an Architectural Design Competition. Infosys invited final year students from nine premier architecture colleges across India to submit conceptual proposals. The proposals would be considered for exteriors and interiors of avant garde buildings to be constructed in the various Infosys development centers across India. An esteemed panel of judges including Mr. Narayana Murthy, Mr. T. V. Mohandas Pai and renowned architects such as Mr. Hafeez Contractor and Mr. Ravindra Kumar adjudged the competition.
A team of five from Goa College of Architecture won the first prize of Rs 2. 5 lakh. Students from C. E. P. T Ahmedabad and the team from R. V. C. E, Bangalore, shared the second prize of Rs. 1. 25 lakh. A consolation prize of Rs 20,000 was distributed to students of the remaining colleges who participated in the competition.
Congratulating the students on the occasion, Mr T. V. Mohandas Pai, Chief Financial Officer and Director (Finance and Administration), Infosys Technologies said, “Infosys believes in encouraging young minds to be creative and innovative, since it brings forth fresh ideas. Our endeavor through this initiative was to provide an opportunity to the students to work on real time projects. We were very impressed by the standard of artistry, creativity and level of imagination depicted by the participants. We wish them a great career ahead.”
The designs submitted were conceptual proposals for the Software Development Block, Food Court and Customer Care Block. The students who participated in the Competition were invited to Infosys campus in Bangalore for an appraisal of the project requirements. During the visit, they were taken on a conducted tour of Infosys premises to get a feel of the work culture and environment.
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 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit www.infosys.com
Certain statements in this release related to the Offering constitute forward - looking statements. This Offering is subject to shareholder approval, which may not be obtained. Although the Offering is expected to be made to our equity holders in India, we may be required to exclude certain equity holders outside India to comply with U. S. rules and regulations. Our business is subject to a number of risks and uncertainties that could affect our future operating results including those 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, 2004 and on Form 6 - K for the quarter ended June 30, 2004 and September 30, 2004. 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 statements that may be made from time to time by or on behalf of the company.
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