Infosys and Wharton Award Entrepreneurs in Latin America
Tecmédica and Francisco Martínez de Velasco, Receive Wharton Infosys Business Transformation Awards (WIBTA) 2005
Santiago, July 1, 2005: Infosys Technologies Ltd. (Nasdaq: INFY) and the Wharton School of the University of Pennsylvania today announced the winners of the Wharton Infosys Business Transformation Awards (WIBTA) 2005 for Latin America at the Wharton School's Global Alumni Forum in Santiago. The WIBTA "Enterprise Business Transformation Award" was presented to Chilean company Tecmédica for focusing on improving conditions for patients, health staff and administrators through an efficient use of IT. The WIBTA "Technology Change Agent Award" was presented Francisco Martínez of Mexico for being a role model among entrepreneurs in the high-tech industry.
Tecmédica was founded in 2000 with the mission of improving public and private healthcare quality, ultimately generating significant improvement in people's quality of life. Through an efficient use of ASP technology, Tecmédica aims to reduce inequality in access to healthcare services and the unequal distribution of resources. Mr. German Munoz, CEO of Tecmédica said "We feel honored receiving this recognition. Tecmédica has crossed many barriers such as change resistance, digital illiteracy, health management barriers and of course technical barriers. This award gives us the strength to continue with this business model and other innovative projects".
Mexican entrepreneur Francisco Martínez is a role model in the high tech industry. In 2000, Martínez formed BNC Neology, a company that integrates chips of Radio-Frequency Identification (RFID) with long-distance input-output devices. At the moment, BNC Neology is the only Mexican High Tech company that exports to Japan, China and the U.S. Commenting on winning the WIBTA, Mr. Martinez said "This has been a tremendous experience and we hope it shows the way for other startups in Latin America, since we believe we're the most devoted, professional and honest workers in the world."
Entering its fourth year, WIBTA fosters the spirit of change and celebrates the success of organizations and individuals whose achievements showcase the best practices of using technology to create new business paradigms. The award was jointly presented by Dr. Patrick Harker, Dean of the Wharton School, and Mr. N. R. Narayana Murthy, Chairman of the Board and Chief Mentor, Infosys Technologies Limited.
Announcing winners for WIBTA 2005-Latin America, Mr. N. R. Narayana Murthy said, "In today's economy, innovation has become the key driver of growth. It has helped businesses face up to an intensely competitive environment; businesses today outgrow their competitors by out-innovating them. It has also enabled them to achieve real productivity and efficiency in their business processes. WIBTA applauds these trendsetters who leverage technology to effect revolutionary change."
Commenting on the award, Dr. Patrick Harker, Dean of the Wharton School, said," Three years ago, the Wharton School joined with Infosys Technologies Limited to express our shared commitment to business innovation through the establishment of the Wharton-Infosys Business Transformation Awards. We continue to be proud of the partnership that sponsors these awards, and we are delighted to join in honoring the companies selected this year."