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Infosys' InStep Programme to recruit 30 interns from 17 leading technology and business schools across Europe

Opportunity for interns to work at Infosys Headquarters Bangalore, India

Bangalore, India and London, UK, May 12, 2006: Infosys Technologies today announced it is recruiting 30 interns from 17 leading technology and business schools across Europe, as part of its Global Internship Programme - InStep Opens in new window. Interns will be recruited from technology and business schools including Saïd Business School, University of Oxford and London Business School, UK; Mannheim University, Germany; Ecole Polytechnique, France; and St Gallen, Switzerland. Interns will have the opportunity to work at Infosys Headquarters in Bangalore, India on high quality, high visibility projects for between eight to 24 weeks.

As the largest institutionalized global internship of its kind in India, the 2006 - 2007 InStep programme will recruit 125 students from 82 universities across the world including Harvard, Wharton and Stanford, US; Tsinghua, China; Seoul National University, Korea; Melbourne Business School, Australia. This is the third year the InStep programme has recruited students from Europe.

Commenting on the success of the programme, Mr. Nandan M. Nilekani, Chief Executive Officer, President and Managing Director, Infosys Technologies, said: "Talent is imperative in today's economy and the increase in globalization means the competition for global talent is rife. At Infosys, we recognise the importance to invest in skills globally and provide opportunity for future business leaders to understand the changing dynamics of a flat world.

The InStep programme provides opportunities for students from the top business schools, to take part in strategic projects and to gain exposure of working within Infosys Global Delivery Model. It is also a great opportunity for them to experience India."

Commenting on their involvement in the InStep programme, Professor Anthony Hopwood, the Dean of Saïd Business School, University of Oxford commented: "As one of the leading business schools internationally, we are at the forefront of the teachings driving the changing business landscape. The Infosys InStep programme allows our MBA candidate strategic consultant teams to get first-hand experience of working in an organisation that is disrupting the traditional boundaries of business and to receive exposure to a country that is rapidly becoming a significant player in the global economy."

Alexander Stoeckel, a student at Saïd Business School, University of Oxford said: "I decided to apply for the InStep programme because it provides an opportunity to learn valuable and new skills in today's global business environment. There are few other internship programmes such as InStep in the UK and Infosys' programme enables you to work on exciting projects, whilst learning more about the Indian culture."

InStep, which began with 300 applications for 14 positions seven years ago, received over 11,000 applications for 100 positions last year. In 2005 - 2006 28 interns were recruited from Europe as part of the InStep programme to work on diverse projects ranging from applications development to business consulting, in practices including Corporate Planning, Education & Research, Enterprise Solutions and Software Engineering & Technology Labs.

Technology and business schools involved in the European InStep programme include:

  • Saïd Business School, University of Oxford
  • London Business School
  • Imperial College
  • Mannheim University
  • RWTH Aachen
  • University Karlsruhe
  • TU Darmstadt
  • LMU München
  • University Köln
  • Ecole Polytechnique
  • Ecole des Mines de Paris
  • HEC
  • St Gallen
  • ETH Zürich

About InStep

InStep was started in 1999 and is offered to students from over 80 universities across the world. This intensive eight to 24-week internship program gives select students hands-on experience on developing state-of-the-art software services and solutions in Infosys' global development centres across the globe.

InStep is unique in the fact that interns have an opportunity to work on real projects ranging from application development to business consulting, in practices that include Corporate Planning, Education & Research, Enterprise Solutions and Software Engineering & Technology Laboratories (SETLabs).

About the company

Infosys, a world leader in consulting and information technology services, partners with Global 2000 companies to provide business consulting, systems integration, application development and product engineering services. Through these services, Infosys enables its clients to fully exploit technology for business transformation. Clients leverage Infosys' Global Delivery Model to achieve higher quality, rapid time-to-market and cost-effective solutions. Infosys has over 52,000 employees in over 30 offices worldwide. For more information, visit www.infosys.com.

Infosys Safe Harbor

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 Opens in new window including our Annual Report on Form 20-F for the year ended March 31 2006, 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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