About Infosys Technologies Ltd.
Infosys is a leading global technology services firm founded in 1981. Infosys provides end-to-end business solutions that leverage technology from our clients across the entire software life cycle: consulting, design, development, re-engineering, maintenance, system integration, package evolution and implementation. In addition, Infosys offers software products to the banking industry, as well as business process management services through its majority-owned subsidiary, Progeon. For more information visit
www.infosys.com. About Kids Headquarters
Kids Headquarters/Wear Me Apparel is a full service apparel corporation headquartered in NY employing over 650 people, as well as having offices overseas employing an additional 150 people. Products range from newborn through adult apparel in both boy and girl. Kids Headquarters services every major retailer throughout the U.S. via it's diverse portfolio of proprietary brands, character license's and national brands such as: Kenneth Cole Reaction, Timberland, Ecko Unlt'd, Rocawear, Ocean Pacific, US Polo Association, Skechers, Levi Strauss Signature, Disney, Nickelodeon, and Warner Bros. Infosys Safe Harbor
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, 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 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, 2004 and on Form 6-K for the quarters ended June 30, 2004, September 30, 2004, and December 31, 2004 and Registration Statement on Form F-3 filed on December 20, 2004 and January 18, 2005. 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.