Mysore, India: July 31, 2006
Infosys Technologies Ltd. (NASDAQ:INFY) today announced the arrival of 126 new hires from universities in the United States as the first batch of the Infosys Global Talent Program (GTP). These new hires, the largest group of foreign nationals recruited to work in India to date, begin their six-month, customized education program at Infosys' Global Education Center in Mysore, India.
The Global Talent Program (GTP), Infosys' university-level recruiting program outside of India, was created to enhance recruitment efforts to attract the best and brightest talent in the countries and communities in which Infosys operates. Trainees recruited for GTP will undergo a customized education and orientation program created to ensure that they are trained adequately with technical skills, necessary client-facing skills and sufficient live project exposure in the global delivery model.
"This is truly a momentous occasion for Infosys. The arrival of these American graduates marks the creation of a true global village at our Global Education Center in Mysore. We have trainees from all over the world that will begin their professional careers here with Infosys," said Mr. N.R. Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Ltd. "The collective capabilities that will develop as these Infoscions interact will create a more competitive business model."
Infosys began the Global Talent Program for entry-level software engineer positions at top universities in the US following a successful pilot program that brought 10 young Americans to work in Bangalore. Applications were admitted from all majors, including liberal arts majors, for the software engineering position. In 2007, Infosys will extend GTP to begin recruitment at top universities in the UK.
"Infosys offered me the pretty unique opportunity to gain experience working in India, where I can gather a better understanding of both globalization and the company. This made the choice to work for Infosys a no-brainer. I can't think of a better way to begin my career," said Roland Tsao who recently graduated from Rutgers University with degrees in Economics and Computer Science.
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 we provide 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 58,000 employees in over 35 offices worldwide. For more information visit www.infosys.com..
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31 2006, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake and disclaim any obligation to update them.
For further information, please contact: PR_Global@infosys.com