London - Bangalore, India - May 9, 2012
Infosys, a global leader in consulting and technology, today announced that it has committed to developing an Apprenticeship Program with the National Apprenticeship Scheme (NAS) in the United Kingdom (UK). Through this program, Infosys will develop and support learners to achieve long-term employability through a combination of training and gainful employment.
The deed of commitment was signed in the presence of His Royal Highness The Prince Andrew, Duke of York, KG and Mr. Srinath Batni, Member of the Board and Head - Delivery Excellence, Infosys at the Infosys Headquarters in Bangalore.
Infosys, widely recognized for its software training programs and its Global Education Center in Mysore, will provide apprenticeships to over 100 learners over the next five years across its offices in UK. The apprenticeships will be in fields such as marketing, human resources and more.
The NAS in UK supports, funds and co-ordinates the delivery of apprenticeships throughout England. They are responsible for increasing the number of apprenticeship opportunities and providing a dedicated, responsive service for both employers and learners.
"Infosys is pleased to be associated with the National Apprenticeship Scheme in UK and is committed to providing learners an opportunity to work and gain meaningful experience with us. Globally Infosys is committed to investing in the communities in which we operate. We look forward to bringing our world renowned training and development approaches to help develop and grow skilled workers in UK," said Mr. Srinath Batni.
As a global company, Infosys is committed to investing in the countries and communities in which it is present through the Infosys Foundation and employee volunteerism programs. In UK, Infosys is part of the national, cross-employer group IT for Girls, led by e-skills UK. This group focuses on attracting more girls into careers in IT through school visits, talks and other initiatives. Infosys also works with East London Business Alliance (EBLA), an organization that helps companies connect with local schools to provide support and develop various programs. As a part of InStep, Infosys' Global Internship Program, the company has hosted 88 interns from UK since 2004, of which 18 students have interned with Infosys in the last year. InStep was recently recognized with the National Council for Work Experience Award 2012 for short term work placements in UK.
Read more about Infosys' involvement in local communities and efforts to encourage skill development and science and research:
Many of the world's most successful organizations rely on the 150,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise.
For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2011 and on Form 6-K for the quarter ended June 30, 2011 September 30, 2011 and December 31, 2011.These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
For further information, please contact: PR_Global@infosys.com