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Infosys Expands Footprint in Latin America



                  Infosys Expands Footprint in Latin America

Sets up New Business Process Outsourcing Delivery Center in San José, Costa
Rica

PR Newswire

SAN JOSÉ, Costa Rica, March 11, 2013

SAN JOSÉ, Costa Rica, March 11, 2013 /PRNewswire/ --

Infosys announced today that it has expanded its presence in Latin America
with a new delivery center for its business process outsourcing subsidiary,
Infosys BPO, in San José, Costa Rica. The center's 100+ employees initially
will provide key services in the strategic sourcing and procurement area for
Procter & Gamble, the world's largest consumer packaged goods company.

     (Logo: http://photos.prnewswire.com/prnh/20130122/589162 )

Infosys will soon offer the entire range of BPO services in Costa Rica for its
global clients, in areas including finance and accounting, human resources
management, analytics, legal processes, customer relationship services,
marketing, and supply chain management.

The President of Costa Rica, Laura Chinchilla Miranda, joined the Managing
Director and CEO of Infosys BPO, Swami Swaminathan, to celebrate the
inauguration of the center at a ceremony today. The Vice President of Costa
Rica, Luis Liberman; the Minister of Foreign Trade, Anabel González; the
Minister of Science, Technology and Telecommunications, Alejandro Cruz; the
Minister of Labor, Olman Segura; the Director General of the Costa Rican
Investment Promotion Agency (CINDE), Gabriela Llobet; and senior executives
from both Procter & Gamble and Infosys also attended the ceremony.

Laura Chinchilla Miranda, President of Costa Rica, said: "Infosys investment
is very significant for Costa Rica. Infosys is a worldwide leader in
technology, consulting and outsourcing, and it carried out a very rigorous and
detailed selection process to select our country for its new delivery center,
based on our capacities and competitive advantages. We look forward to a
mutually beneficial and long-standing relationship with Infosys, to promote
growth in the country and to strengthen the position of Costa Rica as one of
the most competitive sites for foreign investment. We hereby welcome Infosys
to Costa Rica."

Humberto Andrade, Head - Latin America, Infosys BPO, said: "This new center in
Costa Rica is the latest expansion of our global footprint. We continue to
strengthen our presence in Latin America to provide better service and greater
flexibility to clients. We're addressing not only our global clients here but
also Spanish- and Portuguese-speaking markets as we drive business growth in
the region. We are fully committed to Costa Rica and look forward to offering
our full range of services to our clients across all industries."

Infosys plans to expand the center's offerings to better serve its customers
and offer innovative sourcing capabilities as a premier global provider of
end-to-end solutions. The company has a diversified workforce representing 50+
nationalities, and helps clients achieve best-in-class efficiencies and
effectiveness in industries such as banking, financial services, insurance,
telecommunications, media and entertainment, manufacturing, healthcare,
retail, energy, and utilities.

Anabel González, Minister of Foreign Trade, said: "The arrival of this leading
company is a result of Costa Rica´s efforts to diversify the geographical
locations where new investments are originating from, sending a message across
Europe, Asia and Latin America that the country offers favorable investment
conditions. Furthermore, Infosys is an excellent example of this Government's
commitment and involvement, having participated in different stages of the
company´s decision process, which concludes today with the inauguration of
this top-of-the-line center."

Alejandro Cruz, Minister of Science, Technology and Telecommunications, said:
"We are pleased that the skilled talent available in Costa Rica convinced
Infosys to make the decision to establish operations in our country. We
anticipate that the company will be a key contributor in the transfer of
technological knowledge to professionals in Costa Rica."

Additional Resources

  o Infosys opens new center in Atlanta, USA
  o Infosys BPO Wins 2012 Optimas Award For Managing Change
  o Infosys BPO's 'Project Genesis' Achieves New Milestone, Trains Over
    1,00,000 Students
  o Infosys brings world class learning to Brazilian students

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth.
That's why Forbes ranked Infosys #19 among the top 100 most innovative
companies. As a leading provider of next-generation consulting, technology,
and outsourcing solutions, Infosys helps clients in more than 30 countries
realize their goals. Visit http://www.infosys.com and see how Infosys (NYSE:
INFY), with its 150,000+ people, is Building Tomorrow's Enterprise® today.

About Infosys BPO

Infosys BPO Ltd. (http://www.infosysbpo.com), the business process outsourcing
subsidiary of Infosys Ltd., was set up in April 2002. 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, Poland, the Czech
Republic, Brazil, Mexico, Costa Rica, the United States, China, the
Philippines, and Australia, and as of December 31, 2012, employed 24,903
people. It closed FY 2011-12 with revenues of $494.5 million.

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, fluctuations in foreign exchange rates, 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 or expiration 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, 2012 and on Form 6-K for the quarters
ended June 30, 2012, September 30, 2012 and December 31, 2012. These filings
are available at http://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.

For more information contact:

   
    The Americas
    Danielle D'Angelo
    Infosys, U.S.
    Phone: +1 925 719 7602
    Danielle_Dangelo@infosys.com

    Costa Rica
    Andrea Centeno
    CINDE
    Phone: +506 22012873
    acenteno@cinde.org

    Rest of the world
    Neha Iyer
    Infosys BPO
    Phone: +91 96864 56327
    Neha_Iyer@infosys.com

 

SOURCE Infosys
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