Jiaxing, China - June 4, 2012
Murali Mohan Konareddy, Head of Education and Research, Infosys Technologies (China) Co. Ltd. has been conferred the title of “Honorary Citizen” of Nanhu district by Jiaxing Nanhu District People’s Government at a grand function “Spring in Nanhu”, attended by over 1000 delegates. This award is the highest award for a foreign national from Jiaxing-Nanhu district, home to the famous South Lake (Nanhu), the official birth place of the Communist party of China.
Murali was nominated for this award after a careful evaluation process by the standing committee of Nanhu District People’s Congress. He has played a pivotal role in setting up Infosys China Education Center at Jiaxing. This award further recognizes his hard work, dedication, commitment and passion for education, as well as the Education and Research team’s contributions to Jiaxing city.
Mr. Rangarajan V.R, CEO Infosys Technologies (China) Co. Ltd. also attended this function and signed a MOU with Jiaxing Science City for building the new campus of Infosys China Education Center at Jiaxing. The new campus will offer state-of-the-art training facilities with a capacity of 3000 participants at a time and is expected to be ready by June 2014.
Infosys China Education Center (Jiaxing) was established in collaboration with Jiaxing Science City two years ago and it is the first residential education center of Infosys outside India. Infosys' Global Education Center in Mysore, India is one of the largest corporate education centers in the world with a capacity to train more than 14,000 people simultaneously.
Infosys has already trained more than 1200 fresh graduates from its training center at Jiaxing since its inception. In this center, Infosys also conducts soft skills, management and leadership development programs for its employees across China, in addition to training fresh employees. As part of the Infosys Campus Connect initiative, Infosys also organizes faculty enablement programs for university faculty to bridge the gap between industry requirements and university curriculum. Infosys has trained over 1000 school and college students under its Spark program to create awareness about IT industry and the opportunities it can offer. Infosys is opening its training programs in China to select clients as well as potential clients to establish long-term strategic partnerships.
Infosys Technologies (China) Co. Ltd., headquartered in Shanghai, is a fully-owned subsidiary of Infosys Limited (NASDAQ: INFY). Infosys China was founded in 2003 with a vision of becoming a world-class delivery hub offering global consulting and IT services. For more Information about Infosys (China), visit www.infosys.com/china
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, 2012 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