Sets up 400-seats nearshore delivery center in Brno, Czech Republic
The President of Czech Republic, His Excellence Vaclav Klaus, inaugurates the new facility
Brno, Czech Republic, April 24, 2007
Infosys Technologies (NASDAQ: INFY) today announced the expansion of its nearshore facility in Brno, Czech Republic. Infosys has set up a 400-seat facility to provide BPO as well as IT services to its clients in Europe. With existing nearshore Development Centers in London, Germany and Mauritius, the new centre will widen service capabilities.
The President of Czech Republic, His Excellency Vaclav Klaus inaugurated the new centre of Infosys BPO, the outsourcing subsidiary of Infosys Technologies Ltd and addressed clients and employees.
"The Brno centre is part of our strategy to build nearshore centers in various parts of the globe. This, along with our large offshore centers in India and the centre in China, gives us a expanded global network, allowing proximity to our clients and seamless flow of work on a 24X7 basis," said Mr. Mohandas Pai, Chairman, Infosys BPO and Member of the Board, Infosys Technologies. "Brno also offers us access to a highly skilled, multilingual talent pool. We are excited to be here and look forward to building on these capabilities and providing greater value to our clients."
"The Czech Republic is an attractive destination for Indian companies thanks to its strategic position as a gateway to the European markets," said Roman Cermak, CEO of the Investment and Business Development Agency CzechInvest. "In recent years Indian companies have actively invested not only in the Czech Republic but also in the whole of Europe. Infosys is a leader in its field and we are pleased they have been able to grow rapidly in the Czech Republic."
"We opened our center in Brno two years back and our relocation today to a high-capacity facility is a reflection of our rapid growth," said Amitabh Chaudhry, CEO and MD, Infosys BPO. "We have a demonstrated track record handling multilingual processes for diverse industries in our Brno center. This nearshore center in Europe complements our offshore Development Centers in India, allowing us to provide customers a complete, seamless outsourcing solution."
Infosys BPO, Brno, operational since August 2004, focuses on end-to-end transformational outsourcing solutions to its portfolio of clients. It currently services clients in the Automotive, Manufacturing, Banking & Capital Markets and Insurance sectors in a variety of horizontal and vertical processes. The new Brno facility will house employees from over 20 nationalities, 80% of which are locally hired. It provides foreign language capabilities in over 20 languages, including German, Spanish and French. The facility also provides Infrastructure Management Services (IMS) to clients in Europe.
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 72,000 employees in over 39 offices worldwide. For more information, visit www.infosys.com.
Infosys BPO Ltd (www.infosys.com/bpo) , the business process outsourcing subsidiary of Infosys Technologies, was set up in 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, and others. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic, China, and Philippines (through a partner), and employs about 10,500 people. It closed FY 2006-07 with revenues of approximately $148 million.
Headquartered in Prague, CzechInvest, the Investment and Business Development Agency, is an agency of the Ministry of Industry & Trade of the Czech Republic whose services and development programmes contribute to attracting foreign investment and developing Czech companies. The agency also promotes the Czech Republic abroad and acts as an intermediary between the EU and small and medium-sized enterprises in implementing EU structural funds in the Czech Republic. All CzechInvest's services are free of charge. For more information please visit www.czechinvest.org
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.
For further information, please contact: PR_Global@infosys.com