About Infosys BPO Limited
Infosys BPO Limited 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, the Czech Republic, China, the Philippines, Poland, Thailand, Mexico and Brazil and employs over 16,400 persons. It closed FY 2008-09 with revenues of US $316.2 million.
About Infosys Technologies Limited
Infosys Technologies Limited (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 105,000 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.
Infosys Safe Harbor
Some of the statements contained in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve risks, uncertainties and assumptions, including, but not limited to, those regarding Infosys BPO’s future plans for the McCamish business, the expected closing date of the acquisition, the expected benefits of the acquisition, management plans relating to the acquisition, the ability to complete the acquisition considering the various closing conditions, the expectations as to the growth opportunities from the acquisition of the McCamish business, and the expectations regarding the integration of McCamish into Infosys BPO. The statements contained in this release that are not purely historical are forward-looking statements including, without limitation, statements regarding our expectations, beliefs, intentions or strategies regarding the future. These statements, and any other forward-looking statements contained in this release, are based on the current expectations or beliefs of management of Infosys and Infosys BPO, and are subject to uncertainty and changes in circumstances that, if they were to never materialize or prove incorrect, could cause actual results to differ materially from those projected, expressed or implied in the forward-looking statements. Factors that could cause actual outcomes, levels of activity, performance or achievements, including the realization of the expected benefits effects of the acquisition, to be materially different from those anticipated in this release include among others, the inability to integrate successfully McCamish within Infosys BPO or to realize synergies from such integration; failure to retain key employees; the economic environment of the industries in which Infosys BPO and McCamish operate, as well as facts relating to McCamish that may impact the benefits of the acquisition to Infosys BPO; and other factors affecting the operation of the respective businesses of Infosys BPO and McCamish. These forward-looking statements are also subject to other risks and uncertainties, including those described in Infosys’ 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.