Fremont, California - October 26, 2005
Infosys Technologies Limited (NASDAQ: INFY), announced that it will organize its 2005 Analyst Meet in the United States on Friday, November 11, 2005 at the Grand Hyatt New York, Park Avenue at Grand Central, NY 10017. The event will take place from 8.00 am to 12.30 pm Eastern Time.
Mr. N.R. Narayana Murthy, Chairman and Chief Mentor will deliver the opening remarks after which Mr. Nandan Nilekani, CEO, President and Managing Director will give an update on the state of the business. Heads of various business units at Infosys will make presentations during the day. This is designed to serve as a forum for analysts to understand the company's operations better. There will be an executive open house session at the conclusion of the meet.
The proceedings of the meet will be webcast on www.infosys.com. The presentations made by various participants and written transcripts of the day's discussions will be made available on www.infosys.com.
For more information please contact Sandeep Mahindroo at 91 80 5116 7759 or at
Infosys is a leading global technology services firm founded in 1981. Infosys provides end-to-end business solutions that leverage technology for our clients across the entire software life cycle: consulting, design, development, re-engineering, maintenance, system integration, package evaluation and implementation. In addition, Infosys offers software products to the banking industry, as well as business process management services through its majority-owned subsidiary, Progeon. For more information, contact V. Balakrishnan at +91 (80) 2852 0440 in India or visit us on the World Wide Web at www.infosys.com
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results 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 and our reports on Form 6-K. 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