Bangalore, December 5, 2004
H.E Mr. Vladimir V. Putin, President of The Russian Federation visited the corporate headquarters of Infosys Technologies Limited, a global IT consulting and software services company, today. Mr. N. R. Narayana Murthy, Chairman and Chief Mentor of Infosys Technologies welcomed him to the campus. During the hour-long visit, accompanied by a business delegation and the Russian media, Mr. Putin met with the senior management of the company. Mr. Nandan M. Nilekani, CEO, President & Managing Director, Infosys Technologies, provided an overview on the Indian IT industry and the company to the President.
Thereafter, Mr. Putin was taken on a tour of the campus, which included a visit to Infosys’ Global Management Centre, which offers world-class facilities for Infrastructure Management to Infosys’ clients. He also addressed a gathering of young Infoscions, in which he emphasised the need for India and Russia to work together on innovative new technologies.
Earlier, welcoming the President to Infosys, Mr. N. R. Narayana Murthy, Chairman and Chief Mentor, said, "Mr. Putin's visit to India is an affirmation of the special relationship between our two countries. India and Russia share several common values and have already successfully leveraged each other's strengths across various industry sectors. However, there are avenues that remain unexplored. In order to progress further, we must focus on greater co-operation between the two nations. This calls for open-mindedness and a careful analysis of the economic benefits for the two nations. As our bilateral relations expand in scope and depth, surely Information Technology will be one of the areas in which both countries can collaborate for talent and knowledge."
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.
For further information, please contact: PR_Global@infosys.com