Bangalore, June 7, 2004
Infosys today welcomed 26 interns in Bangalore as part of its Global Internship Program, InStep . This is the largest group of interns who have been inducted for 2004, making the company a veritable global melting pot . During the year, InStep is expected to bring a total of 70 interns to Infosys’ various offices across the world . The Instep program has representation of students from countries such as the USA, Japan, Canada and Germany.
Celebrating its fifth year, InStep is today a successful global internship program with participation of students from over 49 universities across the globe . The success of the program is validated by the 8500 applications received for seventy internship positions, from universities like MIT, Harvard, Stanford, Wharton, St Gallen (Switzerland), London Business School (UK), Darmstadt (Germany) Hitotsubashi (Japan) and RMIT (Australia).
InStep is Infosys' Global Internship Program for undergraduate, graduate and doctoral students from the best universities around the globe . This intensive eight to twenty four week summer internship program gives select students hands-on experience in working for a cutting-edge company developing state-of-the-art software services and solutions in our global development centres across the globe.
According to Nandan Nilekani, CEO, President and Managing Director, "The response this year has been exceptional. The number of applications we received this year is almost three times more than what we got last year . This proves that InStep is a sought after internship program in reputed universities and that India is emerging as a destination for smart professionals across the globe."
"InStep interns become the brand ambassadors of Infosys tomorrow. While the program has been designed to build brand awareness in global campuses, we also see this program as a relationship building exercise with our future stakeholders," added Nandan Nilekani.
InStep is also unique as it offers interns an opportunity to work on live projects and close interactions with top management at Infosys. InStep also facilitates the sharing of best practices and enables Infoscions and the interns to work in a culturally diverse and intellectually stimulating environment. This also provides them a better understanding of international markets.
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 35 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