The PRWIRE Press Releases https:// 2005-07-21T20:26:00Z Infosys and Oracle Reiterate Commitment to Asia Pacific Customers 2005-07-21T20:26:00Z infosys-and-oracle-reiterate-commitment-to-asia-pacific-customers Infosys Technologies Ltd. and Oracle Asia Pacific today reiterated their commitment to jointly address the business needs of customers in the Hi-tech, Manufacturing and Financial Services sectors in the Asia Pacific region. Commenting on the joint initiatives and relationship, Derek Williams, Executive Vice President, Oracle Asia Pacific, said, Infosys is a strategic global partner for Oracle and we strongly value this partnership because of their rich domain understanding, expertise in building software solutions and execution excellence. The synergies between the two companies, together with Infosys strong business process knowledge and Oracles product innovation, will result in lower operating costs and improved focus to address the business needs of our Asia Pacific and global customers, he added. Both organizations have experience helping Asia Pacific customers in the Hi-tech, Manufacturing and Financial Services sectors, especially in Japan, China and Australia, to effectively manage IT and business systems. The two companies are working together to provide a solution based on Oracle 10g technology for banks and financial institutions in Japan, as an alternative to mainframe technology. The partnership will address the business needs of globalhi-tech and manufacturing companies in China through solutions based on the Oracle E-Business Suite.One such joint initiative is a solution based on Oracle E-Business Suite to address the financial and manufacturing process needs of UnitedStates-basedcompany, RAE Systems (AMEX:RAE). RAE Systems is a leadingglobal developer and manufacturer of rapidly deployable chemical and radiation detection monitors, as well as multi-sensor networks for homeland security and industrial applications. In Australia, the two organizations will jointly offer solutions based on the latest financial services applications in the Oracle E-Business Suite, including lease management and Oracle Financial Services Applications (OFSA). Infosys and Oracle are committed to enhance the business value realized by customers in order to make them more competitive, stated Srinath Batni, Member of the Board, Infosys Technologies Ltd. Oracles industry-specific applications, combined with Infosys focus on developing industry-specific solutions, will enable customers to use Oracle applications for their business advantage. With strong local presence in China, Japan and Australia and vast experience with Oracle technologies, we are strategically placed to jointly address the business needs of our customers. Infosys partners with Oracle globally and is an Oracle Certified Advantage Partner in the Oracle PartnerNetwork. The relationship between Infosys and Oracle spans countries across North America, AsiaPacific, Europe, Africa and the Middle East and covers nearly virtually all industry verticals. Infosys has one of the strongest global Oracle Applications (Oracle E-Business Suite) practices operating out of India and has also merged its PeopleSoft practice creating a combined Oracle-PeopleSoft practice to service customers better, following the Oracle-PeopleSoft merger. Infosys is a leading partner that is offering joint solutions on Oracle 10g BPEL (Business Process Execution Language) to standardise enterprise applications integration. Oracle 10g BPEL is a product in the Oracle Fusion Middleware family. Esanda leaps into online savings with Infosys' finacle solution 2005-04-27T15:05:00Z esanda-leaps-into-online-savings-with-infosys-finacle-solution Infosys Technologies Australia (Infosys) in conjunction with Esanda today announced the successful launch of Esandas Online Saver product, marking the companys entrance into Australias mainstream savings market. Esanda is a wholly owned subsidiary of the ANZ Banking Group Ltd, better known for its provision of vehicle and equipment finance solutions and fixed interest investments. The launch of Online Saver, which utilises the Finacle universal banking solution from Infosys, enables Esanda to compete head on with Australias major banks by offering customers access to a high interest savings product accessible via the telephone or internet. The project, which was completed in six-months, was rolled out across Queensland in April 2005 and will be launched nationally later this year. Commenting on the success of the project to date Elizabeth Proust, Managing Director of Esanda, said: The response from customers has exceeded all expectations. Weve had over a 1000 customers sign up in the first few days, nearly three times the number expected. Were well on the way to reaching our goal of 8500 customers in the first three months, Proust added. The short time-to-market of Finacle combined with the predictable delivery of Infosys has provided us with exactly the sort of competitive advantage we were seeking, said Proust. By working with Infosys and leveraging Finacle universal banking solution, Esanda was able to launch Online Saver in just six months compared to the two years it would have taken to build the system from scratch. Gary Ebeyan, Chief Executive Officer of Infosys Australia, said: We were excited at the opportunity to enable an Australian corporation to take on global competitors and rose to the challenge in delivering the solution within six months. We were able to leverage Finacles unparalleled track record, our global experience in banking and finance as well as our global delivery platform to help Esanda drive its new business enterprise. We are now looking forward to helping Esanda enhance its savings platform further and growing its customer base. As a result of the success of Online Saver, Esanda is currently fast tracking the implementation of further features using Finacle. About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 30,000 employees in over 30 locations worldwide. http://www.infosys.com/australia About Finacle Universal Banking Solution Finacle, the universal banking solution from Infosys, empowers banks to transform their business leveraging technology. The solution addresses the core banking, e-banking, treasury, wealth management, CRM, and cash management requirements of universal, retail, corporate, community and private banks worldwide. Finacle has been architected out of years of experience with global banks and offers several powerful and differentiating features making it one of the most comprehensive, flexible and scalable solutions in its class. www.infosys.com/finacle. Infosys Australia Delivers Automated Bus Contract System to the Victorian Government 2004-12-08T19:54:00Z infosys-australia-delivers-automated-bus-contract-system-to-the-victorian-government Infosys Australia today announced the successful delivery of a new $4.5 million software application that will enable the Victorian Governments Department of Infrastructure (DOI) to better manage its public transport bus services contracts worth over $450 million dollars per annum. The PASS (Privatised Arrangements Support Systems) Bus System is a suite of business applications that facilitate the improved management of public transport bus contracts, enabling efficiencies and effectiveness in achieving better public transport outcomes for Victoria. The project commenced in December 2002 and was successfully delivered on time and on budget. The projects success was a result of the cooperative efforts between the Department of Infrastructure and Infosys Australias business and technical specialists. The commissioning of the PASS Bus System represents a significant milestone for the Departments goal to provide professional public transport business support systems. In total, the Victorian Government manages over 1700 individual bus contracts across 1600 bus operators, covering metropolitan, regional and school bus services. The new system will provide a more controlled and automated approach to the management of these contracts which will pave the way for new contract types in future. The PASS Bus project also provides the Government with a reusable technical architecture that will reduce the time and cost of future automation projects. The system is a suite of web-based applications using a variety of technologies including J2EE, Websphere and Microsoft SQL. Integrated with several of DOIs existing systems, PASS Bus consists of the following four applications. Involved Party Management - records the details of the Bus Operators. Contract Management - controls the values of the contract schedules and controls the processes for contract variations. Costing and Indexation - contains the business rules of the contract terms and conditions. Payment Management - manages the periodic and ad hoc payments to Operators for current contracts. The Departments team of approximately 15 staff worked alongside Infosys Australias local team of 40 people to deliver the system, which was recently deployed into DOIs existing IT infrastructure. Further enquiries: Roger Langsdon Marketing Communications Manager Phone +61 3 9860 2000 | Mobile0417 376 433 roger_langsdon@infosys.com http://www.infosys.com/australia About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 30,000 employees in over 30 locations worldwide. Infosys drives service improvements for South East water through technical innovation 2004-10-27T14:49:00Z infosys-drives-service-improvements-for-south-east-water-through-technical-innovation Infosys Australia today announced it has won a $1.5 million dollar contract to build South East Water Limiteds (SEWL) new Field Service Management System (FSMS), that will deliver improved customer service to the utilitys 1.3 million customers in Melbournes south eastern suburbs. The system will allow South East Waters staff to manage customer faults and coordinate maintenance on its water and wastewater networks from a single computer system. Following an extensive tender process, Infosys Australia was selected as the primary contractor who will work closely with South East Waters Infrastructure team to deliver the system. Gary Ebeyan, Chief Executive Officer of Infosys Australia, said, Infosys Australia is delighted to partner with South East Water in providing a new IT system that will enable them to continue to improve business efficiency and customer service levels. The new system will be used by over 200 desktop users and 80 field users, and will provide unified facilities for job planning, creation and scheduling, and real time progress monitoring and reporting. It will be integrated with South East Waters existing management systems including customer and asset information systems, to ensure that South East Water achieves maximum benefit from its investment. The new South East Water FSMS moves the company forward following the success of its existing and industry recognised Waterlog system, which is reaching the end of its useful life. About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 30,000 employees in over 30 locations worldwide. Infosys Australia achieves IBM's top partner status 2004-08-25T13:24:00Z infosys-australia-achieves-ibm-s-top-partner-status Infosys Australia today announced it has been awarded IBMs Premier Partner status, the highest level of accreditation available to IBM Business Partners. Infosys is one of a handful of companies in Australia to receive the Premier level, which rewards Business Partners who make significant investments in IBM, with the greatest degree of strategic marketing and technical support. Ivan Gomez, General Manager - Strategic Alliances, said the company had reached a number of key milestones to meet IBMs criteria for the Premier accreditation. Infosys has invested heavily in IBMs products and technologies through our people and solutions, Mr Gomez said. We are continually adding to our numbers of IBM accredited technical and sales staff as well as extending our healthy track record of successful IBM implementations. The Premier Partner status recognises our commitment to IBM in Australia and proven expertise working with IBM software, he added. IBM Regional Manager, Channels, A/NZ Software, Duncan Hewett, said IBM is committed to helping Business Partners improve their profitability and market share delivered through IBMs PartnerWorld. Our Premier Business Partners enjoy the highest level of membership together with a unique set of benefits that provide top level marketing, sales and technical support, as well as an additional focus on joint sales and marketing plans, said Mr Hewett. In the IBM PartnerWorld, Premier level is achieved by accumulating points earned through business activities that maximise sales and profitability. These activities can include building skills, developing solutions, driving revenue, and maintaining high levels of customer satisfaction. Mr Gomez said Infosys Australias clients would enjoy the full range of benefits associated with the Premier Partner status. Among other things our customers will receive the highest level of technical support, which is only available to Premier Partners. -ends- -- Further enquiries: Roger Langsdon Marketing Communications Manager Phone 03 9860 2000 | Mobile 0417 376 433 roger_langsdon@infosys.com http://www.infosys.com About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 25,000 employees in over 30 locations worldwide. Safe Harbor Provision 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, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, 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, 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, 2003. This filing is available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward looking statements, including statements contained in the companys filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. Infosys reduced SAP upgrade costs by up to 40% 2004-05-31T12:00:00Z infosys-reduced-sap-upgrade-costs-by-up-to-40 Infosys will next week showcase its SAP Upgrade Toolkit for the first time in the Asia Pacific region at SAP?s annual SAPPHIRE Conference in Brisbane. The Toolkit, along with Infosys? global approach to service delivery, has enabled Infosys to reduce the cost of SAP Enterprise upgrade projects by up to 40 per cent. In the last 12 months, Infosys has assisted five international SAP installations, with between 1,000 and 5,000 users, to upgrade to R/3 Enterprise, with cost savings ranging from $500k to $1M. In addition to reducing costs, the Upgrade Toolkit enables Infosys to manage the risks associated with SAP upgrades and fix the time of the project. Commenting on its increased SAP focus in the Asia Pacific region, Infosys Australia?s CEO Gary Ebeyan said: ?Our global SAP practice has enjoyed outstanding success and growth fuelled by our excellent delivery track record, vast knowledgebase and investments in tools and techniques. ?We bring our SAP capabilities to the Australian market with a particular focus on helping customers upgrade to SAP R/3 Enterprise. Our value proposition in this space is simple,? Mr Ebeyan continued. ?We accelerate project timelines, reduce costs, increase quality and give our clients the Infosys predictability.? Integrated with ASAP methodology, the Toolkit provides both estimation and execution tools and delivers projects using CMMI level 5 processes. Delegates and visitors to this year?s SAPPHIRE Conference will be able to experience the Upgrade Toolkit first hand as it is demonstrated on the Infosys stand. Members of Infosys? Board of Directors will also be at SAPPHIRE to explain how Australian companies can benefit from Infosys? delivery model which utilises the company?s 700-strong local team combined with its expansive global IT capability. SAPPHIRE 2004 will take place at the Brisbane Convention & Exhibition Centre between 1 ? 4 June 2004. INFOSYS AT SAPPHIRE Infosys Australia is a major sponsor of SAPPHIRE 2004 in Brisbane, June 1 ? 4. At the show it will be allowing visitors to: ? Experience first hand the Infosys SAP Upgrade Toolkit; ? Observe Netweaver prototypes developed to demonstrate business scenarios; ? Meet with board members to discuss Infosys? Universal Service Model; and ? See demonstration of a range of market-leading SAP HR solutions from around the world. -- Further enquiries: Roger Langsdon Marketing Communications Manager Phone +61 3 9860 2000 | Mobile +61 417 376 433 roger.langsdon@infosys.com http://www.infosys.com About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 21,000 employees in over 30 offices worldwide. Infosys SAP practice Infosys? SAP practice, which was established in 1996, provides a range of services including package value extraction analysis, implementations, rollouts, upgrades, development, maintenance and support. In the past 7 years the SAP practice has delivered solutions to organisations across various industry verticals such as food & beverage, automotive, high-tech, manufacturing, apparel & footwear and media to such clients as DaimlerChrysler, Apple, Microsoft and Intel. Infosys Technologies (NASDAQ: INFY) announces results for the quarter and year ended 2004-04-16T18:17:00Z infosys-technologies-nasdaq-infy-announces-results-for-the-quarter-and-year-ended Highlights of results for the quarter ended March 31, 2004 Stock dividend to ADS holders in the ratio of two for one (ie.,one additional ADS for every one ADS held) subject to approval by shareholders. Consequent to this, the ratio for converting ADS into equity shares shall be fixed at one ADS for one equity share. One time special dividend of Rs. 50 per ADS (equivalent to $ 1.15 per ADS at the prevailing exchange rate of Rs. 43.40 per US$) and a final dividend of Rs. 7.50 per ADS (equivalent to $ 0.17 per ADS at the prevailing exchange rate of Rs. 43.40 per US$). The dividends are payable on the ADSs outstanding prior to the stock dividend, at the prevailing exchange rate on the payment date and are subject to approval by the shareholders. Fourth quarter revenues at $ 302.7 million, up 40.1% from the corresponding quarter last fiscal. Earnings per American Depositary Share (ADS) increased to $ 0.58 from $ 0.40 in the corresponding quarter last fiscal. 38 new clients were added during the quarter for Infosys and its subsidiaries. Gross addition of 2,849 employees for the quarter for Infosys and its subsidiaries. 25,634 employees as on March 31, 2004 for Infosys and its subsidiaries. Outlook for the quarter ending June 30, 2004 and the fiscal year ending March 31, 2005 Consolidated net revenues expected to be between $ 314 million and $ 316 million for the quarter ending June 30, 2004, (growth of 34.6% to 35.4%) and between $ 1,381 million and $ 1,392 million for the fiscal year ending March 31, 2005; growth of 30 31%. Consolidated earnings per ADS* expected to be $ 0.58 for the quarter ending June 30, 2004, (growth of 31.8%) and $ 2.61 for the fiscal year ending March 31, 2005; growth of 27.0%. * Unadjusted for the proposed stock dividend as it is subject to approval by the shareholders in the Annual General Meeting to be held on June 12, 2004. Infosys Technologies Limited ("Infosys" or "the company") today announced financial results for its fourth quarter ended March 31, 2004. Revenues for the quarter aggregated $ 302.7 million, up 40.1% from $ 216.0 million for the quarter ended March 31, 2003. Net income was $ 76.8 million ($ 53.1 million for the quarter ended March 31, 2003) and earnings per ADS was $ 0.58 ($ 0.40 for the quarter ended March 31, 2003). I am very pleased with our achievement of this historical milestone. The new journey has just begun and I am sure Nandan and his team will make it a great success, said Mr. N. R. Narayana Murthy, Chairman and Chief Mentor. During the year, our revenues crossed the landmark figure of US$ 1 billion. We have grown from US$ 121 million, in 1999, to a consolidated revenue of US$ 1.06 billion in 2004, said Nandan M. Nilekani, CEO, President and Managing Director. Today, we have the required size, brand, compelling value proposition and ambition to build the next generation software services and consulting company. We have made substantial investments to enhance our end-to-end capability and expand our global footprint to new markets like Australia and China, said S. Gopalakrishnan, Member of the Board and COO. Our investment in Infosys Consulting, Inc., will enable us to leverage our Global Delivery Model in the consulting space to offer better value to our clients. The retail group saw the addition of a significant number of new corporations to its client portfolio. A leading consumer electronics retailer in the US has chosen Infosys to partner with it in its critical order-management and multi-channel integration initiatives. Infosys also started working with a major apparel retailer, catering mostly to teenagers, to enhance its core merchandise operations. A leading international trade management solutions provider in the US chose Infosys to assist in the planning of its product development and global deployment. A significant addition to the list of clients in the high-tech space is one of the largest electronic manufacturing services companies in the world. Another leading software product company in the US engaged Infosys in the design, development and implementation of a key product for one of the companys Fortune 500 clients. Our universe of Fortune 1000 clients has expanded, with 3 clients providing revenues of US$ 50 million each, said Basab Pradhan, Head World-wide Sales and Senior Vice President. There is a strong desire among large corporations worldwide to leverage the offshore model. Our solutions and alliance strategy have evoked deep interest from our clients. We added and successfully assimilated over 11,900 employees (gross) during the year. This is the highest addition so far. At over 25,600 employees, we have built the scale required to leverage our client relationships, said K. Dinesh, Member of the Board and Head Human Resource Development, Information Systems, Quality and Productivity and Communication Design Group. Our initiatives to enhance efficiency, to increase offshore effort, and also to create systems and processes to support rapid growth have been successful, said S. D. Shibulal, Member of the Board and Head World-wide Customer Delivery. We have successfully maintained our margins, despite the drop in price realization during the year and an appreciating rupee. Free cash flows have been the highest on record. We have absorbed the cost of a 52% increase in our employee base, said T. V. Mohandas Pai, Member of the Board and Chief Financial Officer. We continue to balance the cash required for growth with that of enhancing returns to the shareholders. Our special one-time dividend payment is a reflection of our focus in this direction. About the company Infosys is a leading global technology services firm founded in 1981. Infosys provides end-to-end business solutions that leverage technology for our clients across the entire software life cycle: consulting, design, development, re-engineering, maintenance, system integration, package evaluation 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, contact V. Balakrishnan at +91 (80) 2852 0440 in India or visit us on the World Wide Web at www.infosys.com. 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, 2003 and on Form 6-K for the quarters ended June 30, 2003; September 30, 2003 and December 31, 2003. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forwardlooking 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. Infosys Australia achieves CMMI level 4 at first attempt 2004-03-31T21:16:00Z infosys-australia-achieves-cmmi-level-4-at-first-attempt Infosys Australia (Infosys) has become one of the first IT service companies in Australia to achieve the Software Engineering Institutes CMMI Level 4 accreditation, doing so on its first attempt. The CMMI (Capability Maturity Model Integration) model demonstrates the quality and maturity of an organisations processes. A Level 4 grading indicates that Infosys Australia benchmarks against the best IT services companies in the world. Gary Ebeyan, Infosys Australias CEO, described the noteworthy nature of this achievement: We have achieved CMMI Level 4 on our first attempt which is a direct result of the years of our hard work and commitment to quality and worlds best practice. An immediate grading of Level 4 indicates our processes and procedures are already at a level way beyond most of the worlds IT services companies. Most companies appraised against CMMI initially achieve Level 2 or Level 3 accreditation. The highest standard available is CMMI Level 5. The benefits, to Infosys clients, of working with a company whose processes have been CMMI accredited, include: predictability in achieving outcomes such as on-time and on-budget delivery, reduced cycle times, increased productivity and better quality. Mr Ebeyan added, With our parent company already at CMMI Level 5, our clients are now assured of high quality and worlds best practice throughout the supply chain. This is especially significant as Infosys uses the new Universal Service Model (USM), where services provided to our Australian clients utilise Australian talent backed by the global capability of Infosys. CMMI is an enhanced version of the Capability Maturity Model that integrates various other frameworks created by the Software Engineering Institute. It is being adopted worldwide by leading IT organisations as a benchmark quality standard. In Australia, CMMI is rapidly gaining prominence, with many of the nations top 500 companies starting to look for CMMI accreditation from their service providers. To achieve accreditation, several Infosys Australia projects were assessed for their effectiveness and maturity of process by Reuters appraisers - accredited by the Software Engineering Institute. Within the next 12 months, Mr Ebeyan is confident that Infosys Australia will achieve CMMI Level 5. We are already working towards Level 5, which will give our clients even greater assurance when they engage Infosys Australia they are engaging an organisation with the highest levels of project governance, quality and efficiency anywhere in the world. Infosys Australia was formed in January 2004 through the merger of Expert Information Services and Infosys in Australia. It is a wholly-owned subsidiary of Infosys Technologies Ltd, which itself is a CMMI Level 5 company. About Infosys Australia Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 21,000 employees in over 30 offices worldwide. Safe Harbor Provision 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, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, 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, 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, 2003. This filing is available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward looking statements, including statements contained in the companys filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. Infosys Australia kicks off with local recruitment 2004-02-12T20:50:00Z infosys-australia-kicks-off-with-local-recruitment Infosys Australia (Infosys) has demonstrated its commitment to the local ICT industry by recruiting 17 new staff members just weeks after the merger of Expert Information Services and Infosys in Australia on 2 January 2004. Gary Ebeyan, CEO of Infosys Australia, said that in addition to the 17 new starters there are nine new graduates set to commence in February and further positions to be announced within weeks including Oracle Specialists, .NET Programmers, VB Developers, Project Managers and IT Architects. "Infosys Australia intend to support and foster the Australian ICT industry and local recruitment is one way we plan to do this," said Mr. Ebeyan. "Everyone who joins our company will benefit from access to international resources and new opportunities so its a very exciting time for Infosys and the Australian ICT industry." The new jobs are based in Melbourne and Sydney and include a variety of roles such as architects, programmers and database consultants. Mr. Ebeyan continued: "Our value proposition is to deliver business solutions of the highest possible quality. To do this we need to recruit and retain Australias most outstanding people for the specialist nature of our work." Infosys Australias parent company, Infosys Technologies Limited, has grown rapidly over the past year, adding 9,000 jobs globally to take its total number of staff to 21,800. The company recorded a strong third quarter result, posted revenues of US$275.9 million, up 38% (US GAAP) from the corresponding quarter last fiscal year. Infosys Announces Agreement To Acquire Expert Information Services Pty Limited, Australia 2003-12-19T14:41:00Z infosys-announces-agreement-to-acquire-expert-information-services-pty-limited-australia Infosys Technologies Limited signed an agreement today to acquire 100% equity of Expert Information Services Pty Limited, Australia (Expert) subject to standard closing conditions. The transaction will be completed in January 2004. Consequent to this acquisition, the acquired company will be renamed Infosys Technologies (Australia) Pty Ltd. Expert is one of Australias leading IT service providers specializing in the design, build and integration of business solutions and products to leading companies in Australia. Its clients include medium and large enterprises, which span across various industry verticals such as Telecom, Financial services, Retail, and Government sectors. Expert achieved total revenues of A$ 46.7 million (US$ 34.6 million*) for the fiscal year ended June 30, 2003 and a net profit after tax of A$ 7.0 million (US$ 5.28 million). The transaction value would be approximately A$ 31 million (US$ 22.9 million) and would comprise payment in cash on completion of the transaction and earn-out on achieving targeted financial conditions over a three-year period ending March 31, 2007. We are excited about this transaction, said Mr. K. Dinesh, Member of the Board, Infosys Technologies Limited and Chairman-designate of the acquired company. Australia is a very important market for us and this transaction reaffirms our commitment to this market by significantly enhancing our local presence. Our Global Delivery Model combined with the service capabilities of Expert will enable us to be a premier player in the growing Australian market. The merger with Infosys is a perfect fit with Experts business strategy and we are very excited about it, said Mr. Gary Ebeyan, Chief Executive Officer, Expert. The new entity will allow us to continue to deliver high-quality, leading edge solutions to our existing and new customers with an extraordinary value proposition based on the Global Delivery Model of Infosys. *A$ has been converted at an exchange rate of 1 A$ = US$ 0.74 About Infosys Technologies Ltd. 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 19,000 employees in over 30 offices worldwide. For more information, visit www.infosys.com Safe Harbor Provision 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, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, 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, 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, 2003. This filing is available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward looking statements, including statements contained in the companys filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. Expert and KXEN Join Forces to Provide Predictive Analytics to the Asia Pacific Region 2003-12-03T20:44:00Z expert-and-kxen-join-forces-to-provide-predictive-analytics-to-the-asia-pacific-region Australian software development company, Expert Information Services (Expert), today announced a sole Australian partnership with leading US predictive analytics software provider, KXEN. Under the agreement Expert will provide implementation, consulting, and outsourcing services to Australian businesses that adopt KXENs advanced analytic software suite. This is the first Australian partnership for KXEN and marks its push into the Asia Pacific market. With the KXEN Analytic Framework, customers can answer strategic business questions in hours or days rather than weeks or months. Through this partnership, Expert will provide its clients with critical tools to help them identify previously undiscovered trends, to achieve cost reductions, generate new revenue streams, increase ROI and fine-tune internal processes to maximize efficiency. Increased customer interest in business analytics throughout the region was the key driver for Expert to partner with KXEN, said Ivan Gomez, vice president of international business development and strategic alliances at Expert. We recognize that data mining goes beyond just historical or after the event reporting to make predictions of the future. This allows organisations to be proactive rather than reactive. It also allows them to plan and budget more effectively, said Gomez. According to a November 2003 brief issued by Forrester research, the future of data analysis lies in predictive analytics. Rather than describing events that happened in the past, todays leading corporations are looking for tools that allow them to proactively plan for future developments. KXEN is well positioned to address the needs of companies to leverage their investment in Information Technology. The company has penetrated the US, European and now Asia Pacific markets where Expert is already in discussion with several leading Australian companies over the deployment of KXEN for their businesses. "The addition of Expert as one of our key systems integration partners not only gives the company better exposure in the Asia Pacific marketplace, it also shows that this region is becoming more cognizant of the power of predictive analytics," said Joerg Rathenberg, senior director, marketing and alliances at KXEN. "With our combined leading software offerings, KXEN and Expert can make a significant impact and deliver superior business results in the shortest amount of time," said Rathenberg. About Expert Information Services www.expert.com Expert Information Services is Australia's leading IT service provider specializing in the design, integration, build and configuration of business solutions utilizing Microsoft .NET and J2EE technologies. We specialize in building complex business systems that are web enabled, scalable, reliable, secure, manageable and easily integrate within an enterprise, at the lowest possible total cost. We use technologies from leading technology vendors, such as Microsoft, IBM and Oracle to ensure that we incorporate the most relevant advances in technology into every solution we deliver. About KXEN www.kxen.com KXEN (Knowledge eXtraction eNgines) is a global software company that provides advanced analytics for business decision-makers and data mining professionals. KXEN's powerful modelling technology transforms data quickly and easily into knowledge resulting in better everyday business decisions. KXEN partners with leading systems integrators and original equipment manufacturers to integrate analytic software components into enterprise applications and business processes. KXEN offers a state-of-the-art suite of predictive and descriptive modelling engines for scoring, classification and clustering, based on Vapnik's Statistical Learning Theory. KXEN is headquartered in San Francisco, CA, with Research and Development facilities in Paris, France and additional offices throughout the US and Europe. EXPERT to deliver NetIQ enterprise security solutions 2003-10-07T20:16:00Z expert-to-deliver-netiq-enterprise-security-solutions Australian software development company, Expert Information Services (Expert), today announced that it has joined the NetIQ Authorised Consultant Program to provide consulting and delivery services for the NetIQ enterprise security product range. Under the agreement, Expert is the first member of the NetIQ Authorised Consultant Program for enterprise securities in Australia. Joining the program is a strategic decision for Expert, who provide specialist security services that complement its core application development business. Ivan Gomez, Experts Strategic Alliance Manager explained how working with NetIQ will benefit Australian companies. Whether it is as a standalone product or part of a larger project, organisations are looking to secure their business with proven security products and with lower implementation costs. Expert will provide high-quality regional delivery capability for NetIQs global best-of-breed security products. Joining the NetIQ program allows Expert to build on its considerable security capability, which in 2002 saw it become Australias first Microsoft Gold Certified Partner in Security Solutions. Jeff Hyde, NetIQs Regional Director agreed that the relationship creates significant benefits for Australian organisations. We are delighted that Expert has joined NetIQs program. Australian companies can now access NetIQs proven range of enterprise security products through Expert, who has an outstanding security consulting offering. Expert will work with NetIQ to provide enhanced security management solutions designed to help companies simplify the defence of their enterprise infrastructure. The solutions enable organisations to gain greater control of their enterprise security environment without adding new staff or spending valuable resources on protracted implementation projects. High resolution images of Ivan Gomez are available.