Bangalore, India - December 11, 2008
Infosys BPO Ltd, the business process outsourcing subsidiary of Infosys Technologies inaugurated its second delivery center in Hangzhou, China. The new center was inaugurated by Amitabh Chaudhry CEO and MD, Infosys BPO and Allen Lam, VP and Center Head, Bangkok, China & Philippines.
Speaking on the occasion, Amitabh Chaudhry said, "China is the center of choice for our customers in the APAC region as well as Infosys BPO's second global delivery hub. It has seen rapid growth in the last two years and will continue to sustain its high growth over the next three years to become one of the most profitable international centers for Infosys BPO."
Infosys BPO's expansion plan in China is a step-up investment to leverage two years of success in transforming the China center into an alternative global hub for its customers.
"The second center will extend our global brand into China with focused marketing and branding strategies and continue our vision to contribute significantly to Infosys BPO's revenue and profit," said Allen.
The new center has a seating capacity of 1,000 people and will be a BPO delivery center. Infosys' first delivery center in Hangzhou has been operational since 2006.
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 17,534 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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