Infosys' Success Recognized for the Second Consecutive Year
Bangalore, India - May 7, 2008
Infosys Technologies Ltd. (NASDAQ: INFY) today announced that it has won Eastman Chemical Company's Supplier Excellence Award for the second year running. As a recognized supplier of global IT services, Infosys has earned the status of a valued supplier of Eastman. This designation signifies Infosys' consistent performance in providing Eastman with high-quality, value-added services, and working on Eastman's behalf to improve efficiency and competitiveness in an ever-changing and challenging global marketplace.
"Presenting Infosys with the distinguished Eastman Supplier Excellence Award for the second year reflects their consistent performance as a valued supplier," said Keith Sturgill, vice president and chief information officer, Eastman Chemical Company. "Infosys' award recognizes the breadth of IT services and capabilities they provide us as well as their significant contribution to customer satisfaction and overall collaboration."
Sanjay Jalona, vice president, High-tech and Manufacturing, Infosys Technologies, said, "We are honored to have received this prestigious award again and to continue our strong relationship with Eastman Chemical. Our partnership with Eastman further demonstrates our commitment to client success and our ability to develop client relationship by acting as a strategic partner to clients in the chemical industries."
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is a major supplier of cellulose acetate fibers; and produces PET polymers for packaging. As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2007 sales of $6.8 billion and approximately 10,500 employees. For more information about Eastman and its products, visit www.eastman.com.
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 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ- 100 Index and The Global Dow. 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, 2008, 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