Bangalore, May 31, 2004
Infosys Technologies (NASDAQ:INFY), the leading IT consulting and software services provider today announced that it has been certified ISO 14001 compliant by Det Norske Veritas (DNV)*. The certification has been received by its development centers in Pune, Chennai, Bangalore, Bhubaneswar, Hyderabad, Mangalore, Mohali and Mysore.
ISO - 14001 certification is accredited third - party verification that Infosys’ environmental initiatives meet international standards. It is granted to companies that have demonstrated commitment to environmental stewardship. In the case of Infosys, the certification endorses the company’s initiatives in conservation of natural resources, prevention of pollution and adherence to legislations, among others.
With this certification, Infosys joins a select group of companies who comply with international standards for environmental management systems. The Environmental Management System of Infosys is commonly referred to as the "Ozone Initiative". The Ozone Initiative is about continual improvement and Infosys believes that this certification is an acknowledgement of the necessary foundation laid down to manage its environmental affairs in a globally acceptable manner.
Commenting on the certification, Mohandas Pai, Chief Financial Officer, Infosys Technologies said, “We are committed to ensuring that our activities are sensitive to environmental issues and in no way adversely impact the surroundings. Many global organizations are adopting environment friendly policies as a part of their social responsibility. Infosys has always been a pioneer in adopting best practices from across the world and this certification is another indication of this.”
Infosys believes that it is becoming increasingly important in today’s global environment to be compliant with the latest standards. This certification is important as it also calls for greater responsibility on the part of Infoscions to strive for continual improvement.
*DNV is an independent foundation and leading certification body with the objective of safeguarding life, property and the environment"
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 25,000 employees in over 30 offices worldwide. 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.
For further information, please contact: PR_Global@infosys.com