Infosys Public Services Selected by CareFirst BlueCross BlueShield to Support IT Functions

Infosys Public Services Selected by CareFirst BlueCross BlueShield to Support 
IT Functions 
ROCKVILLE, Maryland, June 13, 2013 /CNW/ - 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 services contract. 
(Logo: http://photos.prnewswire.com/prnh/20130122/589162 ) 
Infosys Public Services will support CareFirst's IT area to help create a 
cost-effective delivery model. Through its agreement with Infosys Public 
Services, CareFirst aims to reduce costs and achieve efficiencies in 
application support during the three-year contract term. 
Highlights: 


    --  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.

Quotes:

Harry D. Fox, CareFirst Senior Vice President, Technical and Operational 
Support:

"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 to 
continue providing more affordable, patient-centered health care."

Additional Resources:
    --  Read
        our Rockville headquarters opening announcement.
    --  Read
        about Infosys Public Services Healthcare Insights.

About CareFirst
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 its 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. In 2012, CareFirst contributed $57 million to community 
programs designed to increase the accessibility, affordability, safety and 
quality of health care throughout its market areas. To learn more about 
CareFirst BlueCross BlueShield, visit our website at http://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 http://www.infosyspublicservices.com 
to learn more.

About Infosys 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 to 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 http://www.infosys.com to see how Infosys (NYSE: INFY) is Building 
Tomorrow's EnterpriseĀ® today.

SafeHarbor
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, 2013 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 unless required by law.

Americas: Jay Barta Infosys Public Relations jay_barta@infosys.com 
+1-510-926-7840

Rob Vernon GolinHarris - Washington DC rvernon@golinharris.com +1-202-585-2631

AsiaPacific Abhijith Karthikeya D Infosys, India Phone: +91-80-41563373 
Abhijith_Damodar@infosys.com

EMEA Paul De Lara Infosys, UK Phone: +44(0)2075162748 Paul_deLara@infosys.com

SOURCE: Infosys

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CO: Infosys
ST: Maryland
NI: INTERNET ORDER 

-0- Jun/13/2013 15:35 GMT


 
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