PR Newswire/Les Echos/
Infosys Public Services Selected by CareFirst BlueCross BlueShield To Support IT
ROCKVILLE, Md. - June 13, 2013: CareFirst BlueCross BlueShield (CareFirst) has
selected Infosys Public Services, a U.S.-based subsidiary of Infosys, a leader
in business consulting and technology, to support its IT operations and provide
application development and other support services as a part of a new managed
Infosys Public Services will support CareFirst's IT area to help create a
cost-effective delivery model. Through ils agreement with Infosys Public
Services, CareFirst aims to reduce costs and achieve efficiencies in application
support during the three-year contract term.
* Infosys Public Services has supported CareFirst with a range of application
development and testing services since 2010.This transition to managed
services extends the relationship and will help ensure consistent IT support.
* Infosys Public Services will setup a secure facility within its newly
established delivery center in Rockville, Maryland to service the contract.
* The agreement will allow CareFirst to consolidate IT support services
currently managed by multiple vendors.
* Infosys Public Services will support business areas across CareFirst with the
goal of managing anticipated capacity growth and increasing the ability of the
IT organization to implement new business requirements and projects faster.
Harry D. Fox, CareFirst Senior Vice President, Technical and Operational
"The IT demands on CareFirst and on the health care sector as a whole are
growing in scope and complexity. This move to managed services will help us
better meet consumer, provider and market needs as the health care industry
evolves and shift CareFirst associates to key strategic projects."
Eric Paternoster, CEO, Infosys Public Services:
"Our deep experience in the health care industry and globally benchmarked
service delivery processes will assist CareFirst with IT support services Io
continue providing more affordable, patient-centered health care."
* Read our Rockville headquarters opening announcement.
* Read about Infosys Public Services Healthcare Insights.
In its 76th year of service, CareFirst, an independent licensee of the Blue
Cross and Blue Shield Association, is a not-for-profit health care company
which, through ils affiliates and subsidiaries, offers a comprehensive
portfolio of health insurance products and administrative services to 3.4
million individuals and groups in Maryland, the District of Columbia and
Northern Virginia. ln 2012, CareFirst contributed $57 million to community
programs designed to increase the accessibility, affordability, safety and
quality of health care throughout ils market areas. To learn more about
CareFirst BlueCross BlueShield, visit our website at www.carefirst.com or follow
us on Twitter: http://twitter.com/CareFirst_News.
About Infosys Public Services
Infosys Public Services, a U.S. based subsidiary of Infosys (NYSE:INFY), is a
leader in business consulting and technology solutions. We partner with
healthcare and public sector organizations to help them stay ahead of the
innovation curve. Our solutions, combined with execution excellence and proven
best practices, allow clients to optimize their operations today while building
tomorrow's enterprise. Visit www.infosyspublicservices.com to learn more.
Infosys is a global leader in business consulting and technology solutions. As a
proven partner focused on building tomorrow's enterprise, Infosys enables
clients in more than 30 countries Io outperform the competition and stay ahead
of the innovation curve.
Ranked in the top tier of Forbes' 100 most innovative companies, Infosys-with
$7B in annual revenues and 150,000 + employees - provides enterprises with
strategic insights on what lies ahead. We help enterprises transform and thrive
in a changing world through strategic consulting, operational leadership and the
co-creation of breakthrough solutions, including those in mobility,
sustainability, big data and cloud computing.
Visit www.infosys.com to see how Infosys (NYSE: INFY) is Building Tomorrow's
Certain statements in this release concerning our future growth prospects are
fmward-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 lndia, 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 Hconcentration, 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, polilical instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside lndia, 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, 2013 and on Form 6-K for the quarters ended June 30, 2012, September 30,
2012 and December 31, 2012. These filings are availabte at www.sec.gov. Infosys
may, from Ume 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 Ume to time by or on behalf of the company unless required by law.
For more information, please contact:
Infosys Public Relations
GolinHarris - Washington DC
Abhijith Karthikeya D
Phone: +91 80 41563373
Paul De Lara
Phone: +44 2075162748
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-0- Jun/13/2013 15:03 GMT
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