Bangalore, June 14, 2005
Infosys Technologies (NASDAQ:INFY) today announced that it has worked with Airbus on the Airbus A380 program. Infosys' expertise in product design & development and the application of the Global Delivery Model helped Airbus realize significant gains. Infosys' involvement in the project included the design and development of structural components.
Infosys worked on the design and development of the top and bottom skin extensions within the inner fixed trailing edge for the Airbus A380. Infosys also played a key role in developing tools and processes for product life cycle management.
Commenting on the success of the project, Franco Gonsalves, Vice President, Automotive and Aerospace Unit, Infosys Technologies Limited, said, "Infosys' work comprised of high-end engineering tasks. It was an excellent example of how Infosys' Global Delivery Model can be used in such advanced engineering and design work. Using Infosys' product design & development skills, we were able to deliver cost effective development solutions for Airbus. For Airbus, this resulted in shorter lead-times and faster roll-out, which in turn reduced the program cost."
Coupled with engineering knowledge and process understanding, Infosys also helped Airbus develop and deploy software solutions including: interface with legacy data archiving and distribution systems, enhancement of data exchange applications for the extended enterprise, interface with SAP, key characteristics and tolerance management.
In the past 3 years, Infosys has put in over 100 man years of effort in the areas of engineering design, analysis, support, engineering process and IT solutions development, testing and deployment. The engineering group at Infosys is also focused on developing embedded solutions, product design and PLM solutions for the aerospace and automotive industries. Infosys is also the only Indian company to achieve the AS/EN 9100 certification in Aerospace.
Infosys (NASDAQ:INFY) defines, designs and delivers IT enabled business solutions. These provide our clients with strategic differentiation and operational superiority, thereby increasing their competitiveness. Each solution is delivered with the industry-benchmark Infosys Predictability that gives our clients peace of mind. With Infosys, they are assured of a transparent business partner, business-IT alignment with flexibility, 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 36,000 employees in over 30 offices worldwide. For more information visit www.infosys.com.
Certain statements in this release are forward-looking statements within the meaning of Section 27(a) of the U.S. Securities Act of 1933 and Section 21(e) of the U.S. Securities Exchange Act of 1934, and involve a number of risks and uncertainties that could cause actual results or events to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully 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, 2005 filed on April 26, 2005 and Registration Statement on Form F-3 filed on December 20, 2004, and the amendments thereto filed on January 18, 2005, April 26, 2005 and May 23, 2005. 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