Bangalore, India and London, United Kingdom, August 31 2007
Infosys Technologies Ltd. (NASDAQ:INFY) today announced that the first group of 25 graduates from the United Kingdom will leave for training in Mysore, India. The new hires will begin their six-month, customized software engineer education program at the Infosys Global Education Centre in Mysore in early September 2007. The graduates are from leading UK universities including University of Bath, University College London, University of Nottingham, University of Surrey, Imperial College, and Kings College. After a four-month educational program in Mysore, these "Infoscions" from the UK will be relocated to Infosys development centers across India for two months to gain hands-on experience with real projects. Following the successful completion of the six-month orientation program, they will return to join Infosys offices in the UK.
"I feel very lucky to be part of the first-ever European group to participate in this training," said Rick Mellor, who recently graduated from the University of Bath with a BSc (Honours), Computer Information Systems. "The opportunities are endless after completing a talent program such as the one provided by Infosys - gaining real-life experiences and training in India can only make you stronger and better equipped to compete in the global business environment."
Marco Cullen, who recently graduated from Kings College London with a B. Eng (Honours), Electronic Engineering and Systems, echoed similar sentiments. "I believe that working for Infosys and being a part of their Global Talent Program will open doors and provide opportunities for me in life and throughout my career that I didn't even know existed," he said. "The people I will meet through this program, the relationships I will foster and the internationally recognized skills I will gain will stay with me for life."
The Global Talent Program (GTP) is Infosys' university-level recruiting program outside of India. Trainees recruited for the GTP undergo a customized education and orientation program created to ensure that they are trained adequately with necessary technical and client-facing skills and sufficient live project exposure in the Infosys Global Delivery Model.
"This is an exciting time for Infosys in Europe. The Global Talent Program enhances our recruitment efforts and helps attract the best and brightest talent from one of the key countries in which Infosys operates," said B. G. Srinivas, Head of EMEA, Infosys Technologies. "By joining a global community on the Mysore campus that includes trainees from the United States, Australia and Japan, the UK graduates will gain exposure to new ways of thinking and ultimately help Infosys play an even more strategic role for its clients."
In May 2006, Infosys announced its pilot plan to recruit college graduates from UK universities as part of an ongoing commitment to creating a diversified, global workforce. Infosys first began the GTP for entry-level software engineer positions at top universities in the US. Applications were admitted for the software engineering position from students with technology majors as well as liberal arts majors with a mathematics background. The UK initiative follows a successful implementation of the GTP in the US that was able to recruit 250 graduates to India.
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, 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 75,000 employees in over 40 offices worldwide. Infosys is part of the NASDAQ-100 Index. 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 2007 and our other recent filings, 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.
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