Infosys Technologies Wins Prestigious eBiz Project from Ministry of Commerce and Industry
Reiterates its Consulting and System Integration Capabilities in the Indian Market
Bangalore, India - July 21, 2009
Infosys Technologies Limited (NASDAQ: INFY) today announced that it has been awarded the eBiz Project by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India. The eBiz Project is among the 27 Central, State and Integrated Mission Mode Projects (MMPs) under the National E-Governance Plan (NEGP) of the Government of India.
The scope of work under this agreement includes designing and developing the eBiz platform, establishing the support IT infrastructure, implementing, maintaining and expanding the eBiz solution and services for the next 10 years. As part of the project, Infosys will also undertake training, workshops, promotion and awareness campaigns.
Speaking on the eBiz Project and Infosys’ selection, the Union Minister of Commerce and Industry, Shri Anand Sharma said, “The eBiz Project is an ambitious project that the Ministry of Commerce is undertaking, to encourage and develop a conducive business environment in India. Through this project, under the Department of Industrial Policy and Promotion (DIPP), we aim at expanding G2B services and enabling a better business experience in India. I am pleased to announce that after a rigorous competitive selection process, we have chosen Infosys Technologies as our partner for this prestigious project, as it leverages its global consulting experience, focus on quality and strong Indian values of service to design and implement this project."
Through the eBiz project, the Government of India aims to create a customer-centric environment, providing the business community convenient and speedy access to information and services. This ‘single window’ approach will cater to the requirements of businesses for government-to-business (G2B) services throughout the business life cycle, namely through the pre-establishment, commencement, operations, expansion and when required, closure stages of the business.
Commenting on the win, Binod H.R, Senior Vice President and Head, India Business Unit, Infosys Technologies said, “Being awarded the eBiz Project under DIPP, Ministry of Commerce and Industry, is a significant achievement for Infosys in the Indian market. Through this project, we will be partnering with the Government of India to create better governance, transparency and ease of use for businesses in India."
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 103,000 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.
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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, 2009, 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.