Bangalore, February 25, 2005
Infosys Technologies will host the third edition of the 'Infy Cup', an invitational cricket tournament for corporates, beginning on Saturday, February 26, 2005 at the Infosys Cricket Pavilion in Bangalore. Twelve of the country's best corporate teams, including defending champions Infosys and teams like ANZ IT, Wipro, HSBC and Hewlett-Packard, will vie for the trophy. Mr. Sudhakar Rao, Assistant Secretary, KSCA, will inaugurate the tournament. The Infy Cup will be spread over a period of three months, with matches held on the weekend.
This year, the Infy Cup follows a format based on the 1999 World Cup. There will be an initial league round, a Super Six round, followed by the semi finals and the final. To give all teams a fair chance, Infosys has introduced the Super Six stage after the initial league round. This will allow the top three teams from each group to qualify based on the final points tally.
Infosys' long-standing patronage to cricket is well known. In January this year, the company hosted the India-Australia Women's' One-Day Cricket Series at the cricket ground in Infosys' Mysore campus.
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 35,000 employees in over 30 offices worldwide. For more information visit 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, 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.
For further information, please contact: PR_Global@infosys.com