Bangalore, India - December 11, 2008
Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, has been conferred the special award for 'consistent excellence for outsourcing practice across all disciplines' at the fifth annual NOA Awards for Best Practice in Outsourcing, in London.
The NOA Awards aim to reward organizations for success in outsourcing projects, as well as to raise awareness about best practice in outsourcing. The awards acknowledge achievements in IT outsourcing and business process outsourcing, as well as sector-specific achievements in telecommunications, finance and utilities. The awards have been instituted by the National Outsourcing Association - the only outsourcing trade association in the UK.
"This recognition is a validation of Infosys BPO's continued focus on operational excellence and the sustained efforts to provide business excellence to our customers," said Amitabh Chaudhry, CEO and MD, Infosys BPO.
Martyn Hart, Chairman, NOA said, "At the NOA, we strive to raise awareness of best practice in the outsourcing industry - the awards are core to this strategy. Our winners and the runners-up have ably demonstrated excellence in outsourcing and have highlighted the importance of implementing best practice to achieve the highest standards in delivery. These achievements make an excellent contribution to the Body of Outsourcing Knowledge (the BOOK) that the NOA holds on behalf of the industry."
Infosys was represented in four categories at the awards. The categories were 'BPO project of the year', 'best practice in outsourcing' and two finalist entries for 'The Telecommunications, Utilities and High-Tech Outsourcing Project of the Year'.
The NOA Awards, in its fifth year, recognized 15 companies for their best practice contributions to the outsourcing industry. The awards were judged by a panel which included NOA board members and respected professionals in the industry. The NOA is part of the larger umbrella organization, the European Outsourcing Association.
The NOA (www.noa.co.uk ) is the UK's only outsourcing trade association. The NOA is part of the larger umbrella organization, the European Outsourcing Association. Advocating best practice, the NOA represents outsourcing end users, vendors and other companies which support outsourcing, such as legal firms, consultancies and HR. The NOA is involved in research, events, education and public affairs. The vast quantity of information that the NOA has collected is referred to as BOOK (the Body of Outsourcing Knowledge).
Infosys BPO Ltd. ( www.infosys.com/bpo ), the Business Process Outsourcing subsidiary of Infosys Technologies, was set up in April 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, FAO Today, NelsonHall, 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, Czech Republic, China, Philippines, Poland, Bangkok and Mexico and employs 17,238 people. It closed FY 2007-08 with revenues of $250.3 million.
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.
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