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Infosys Technologies and SAP Enter into Global Services Partner Agreement

Companies to Deliver Joint Business Value Through 'Customer Centric Ecosystem'

ORLANDO, Fla. - May 5, 2008

Infosys Technologies Ltd. (NASDAQ: INFY) and SAP AG (NYSE: SAP) today announced that Infosys has signed up to the SAP Global Service Partner Program to strengthen their capabilities to deliver enhanced value to customers. This announcement marks an important milestone in the relationship between the two organizations, which have been working together for more than five years to help companies realize information technology (IT) and business results from their investments in SAP® applications. The announcement was made at SAPPHIRE® 2008, SAP's international customer conference, being held in Orlando, Florida, May 4 - 7.

Through this newly expanded relationship, customers will benefit from bolstered implementation services, enhanced solution delivery and increased global reach. Progressive companies such as ABB Group, one of the world's leading engineering companies, have already realized the benefits of the existing partnership.

Mauro Romano, internal controlling officer at ABB said, "Infosys' SAP implementation approach is highly specialized and in lockstep with industry best practices. Compliance is assured during every phase of the implementation or upgrade, providing enterprises with ample opportunity to review or re-align internal controls to enable better business practices. The end result of this collaborative approach is a reduced year-over-year compliance cost and improved control mechanisms."

Kodak, the global imaging innovator, has also benefited from the partnership. The company selected Infosys to help implement its SAP-enabled transformation globally.

Imran Khan, chief information officer, Consumer Digital Imaging Group & Graphic Communication Group, Kodak said, "Infosys' solution and delivery capabilities in the Greater Asia region not only improved the time to market and predictability, but reduced the cost of implementation."

Infosys' SAP Practice has been growing at nearly 70 percent annually over the past five years and is a key contributor to the expansion of the SAP ecosystem. According to the December 2007 report Forrester Wave: SAP Implementation Providers, Q4 2007, "Infosys has the best pre-implementation process consulting expertise of any other pure-play Indian provider, and comes closest to successfully competing against the legacy multinationals in this area.Infosys' SAP application services practice is aligned along verticals to ensure that clients get the benefit of its deep vertical process expertise."

"Infosys' SAP Practice has grown rapidly as customers globally have responded to our unique value proposition combining pre-implementation business consulting with delivery excellence," said S.D. Shibulal, chief operating officer and member of the board, Infosys Technologies, Ltd. "Today's partnership expansion underscores our commitment to SAP applications and our vision of enabling businesses to win in a 'flat world'. Through this partnership, we can provide our customers with access to some of the finest expertise in the world. We'll help service their implementations of SAP applications, leading to faster ROI."

Infosys further plans to establish a solution center in Bangalore to help ensure that Infosys' SAP Practice professionals continue to help customers advance to the next generation of SAP solutions. Infosys will also take an instrumental role in enabling customers to access the business benefits of enterprise service-oriented architecture (enterprise SOA), which is designed to provide businesses with an agile, powerful infrastructure required to grow their businesses and adapt rapidly to changing market conditions. With Infosys' newly founded India Business Unit and the collaboration with SAP India, the partnership will support the development of the fast-growing Indian market.

"Having a strong ecosystem is critical to SAP's success and something that has been instrumental in helping SAP extend its global reach," said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. "To become an SAP global services partner, a company must not only demonstrate repeated implementation success, but, more importantly, be committed to SAP's vision of enabling enterprise SOA for our global customers. We have found this in Infosys, and look forward to working on future customer collaborations with them."

To learn more about the partnership between Infosys and SAP, please visit: http://www.infosys.com/sap.

 

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About SAP

SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 47,800 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit www.sap.com)

(*) SAP defines business software as comprising enterprise resource planning and related applications.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

 

About Infosys Technologies Ltd.

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 91,000 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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