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Infosys Becomes a Premium Partner in AUTOSAR

The first Indian company in the consortium

Bangalore, India and Frankfurt, Germany- March 24, 2005

Infosys Technologies Limited (NASDAQ: INFY), today announced that it has become the first Indian company to join the Automotive Open Systems Architecture (AUTOSAR) development partnership. Other members of AUTOSAR include BMW, Volkswagen, Ford, GM, DaimlerChrysler, PSA, Toyota, Bosch, Siemens and Continental Teves among others.

Speaking on the occasion Thomas Scharnhorst, AUTOSAR Spokesperson, said, "Infosys joins AUTOSAR as a premium member and will participate in working groups focusing on tools, protocol development and standardization for automotive electronics."

"Infosys will bring to AUTOSAR its extensive experience and knowledge of software development standards, processes and methodologies as applied to the embedded application space. We look forward to partnering with Infosys in building the specifications for the next generation automotive Electrical/Electronic (E/E) architectures," he added.

Infosys has recently formed a Product Lifecycle and Engineering Solutions (PLES) group to focus on developing embedded solutions for the Automotive Industry, apart from product design and PLM solutions. This group will work closely with AUTOSAR to develop the protocols and standards for next-generation automotive electronics.

Speaking on the occasion, Sanjay Dutt, Associate Vice President and Head, PLES, Infosys Technologies said "Infosys has always believed in providing innovative value-based solutions to our clients. Our alignment with AUTOSAR is a significant step in this direction. With this investment, we will be able to assist our automotive clients develop innovative and cost-effective solutions for next- generation automobiles."

The objective of AUTOSAR, a partnership of key players in the automotive, electronics and software industries, is the establishment of an open standard for automotive E/E architecture that will serve as a basic infrastructure for the management of functions within applications embedded in vehicles.

 

AUTOSAR (Automotive Open System Architecture)

The international development partnership AUTOSAR (http://www.autosar.org/) is a network of major automobile manufacturers, suppliers software houses, tool manufacturers and semiconductor companies with the goal of establishing a common software infrastructure standard for vehicle electronics. Standard functional interfaces are intended to guarantee that in-vehicle software is hardware independent. Basic software modules are standardized, such that interoperability, reuse and exchangeability are supported. Suppliers - including software houses - can offer their products to a broader market and in turn an integrator can use software of multiple suppliers. This implies a more competitive environment and thus cost reductions. In addition, through unbundling software from hardware a more efficient usage of hardware resources is possible.

 

About Infosys Technologies Ltd.

The international development partnership AUTOSAR (http://www.autosar.org/) is a network of major automobile manufacturers, suppliers software houses, tool manufacturers and semiconductor companies with the goal of establishing a common software infrastructure standard for vehicle electronics. Standard functional interfaces are intended to guarantee that in-vehicle software is hardware independent. Basic software modules are standardized, such that interoperability, reuse and exchangeability are supported. Suppliers - including software houses - can offer their products to a broader market and in turn an integrator can use software of multiple suppliers. This implies a more competitive environment and thus cost reductions. In addition, through unbundling software from hardware a more efficient usage of hardware resources is possible. visit www.infosys.com.

 

Infosys Safe Harbor

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, 2004 and on Form 6-K for the quarters ended June 30, 2004, September 30, 2004, and December 31, 2004 and Registration Statement on Form F-3 filed on December 20, 2004 and January 18, 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.

 

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