Arrow and Infosys BPO to Jointly Market IT Asset Lifecycle Management Services

  Arrow and Infosys BPO to Jointly Market IT Asset Lifecycle Management
  Services

Business Wire

BANGALORE, India & ENGLEWOOD, Colo. -- November 12, 2013

Arrow Electronics Inc. (NYSE: ARW), a global provider of electronic components
and enterprise computing solutions, and Infosys BPO today announced an
agreement to jointly market comprehensive services for information technology
asset lifecycle management to their US clients. Arrow and Infosys will provide
end-to-end IT asset management services, including procurement, deployment and
configuration, support, and decommissioning and disposition of assets.

Enterprises across high-tech, manufacturing, telecommunication, banking,
retail, and consumer packaged goods industries can now leverage the shared
expertise of Arrow and Infosys to manage their IT asset lifecycles more
cost-effectively. This includes facilitating the repair, resale, or recycling
of laptops, desktops, mobility devices, enterprise gear, and other hardware.
In addition, the combined resources of Arrow and Infosys will help enterprises
comply with regulatory requirements more easily and strengthen sustainability
measures related to the management of IT equipment.

Arrow’s value recovery business provides specialized management of reverse
material streams, IT asset recovery and remarketing services that enable
technology users to generate greater efficiencies and value at the end of IT
product lifecycles. Infosys BPO will bring its proven capabilities across
business process transformation and outsourcing, and mature global delivery
network to help deploy and manage these solutions.

Infosys has provided technology and business process management services to
Arrow for more than 10 years.The alliance expands the existing relationship
between the two companies.

Quotes

Tim Kolbus, Vice President, Global Logistics Services, Arrow:
“Arrow considers its long-standing relationship with Infosys for business
process management support to be a competitive advantage. The new alliance
strengthens the bond between our companies as Arrow will become the reverse
logistics and asset recovery provider not only for Infosys clients but also
Infosys itself.”

Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO:
“This alliance provides our clients with a cost-effective way to oversee
technology deployments by harnessing the benefits of a streamlined IT asset
management process combined with an integrated end-to-end service delivery
solution. Collaboration with clients like Arrow is a key part of our strategy
to accelerate innovation. Together, we help enterprises more smartly and
efficiently manage IT assets, platforms and equipment.”

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Arrow Value Recovery Services

About Arrow

Arrow Electronics (www.arrow.com) is a global provider of products, services
and solutions to industrial and commercial users of electronic components and
enterprise computing solutions. Arrow serves as a supply channel partner for
more than 100,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 470 locations in 55
countries.

About Infosys

Infosys is a global leader in consulting, technology and outsourcing
solutions. We enable clients, in more than 30 countries, to stay a step ahead
of emerging business trends and outperform the competition. We help them
transform and thrive in a changing world by co-creating breakthrough solutions
that combine strategic insights and execution excellence.

Visit www.infosys.com to see how Infosys (NYSE: INFY), with $7.4B in annual
revenues and 160,000+ employees, is Building Tomorrow's Enterprise® today.

About Infosys BPO

Infosys BPO Ltd. (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, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the
United States, China, the Philippines, Japan, and Australia, and as of
September 30, 2013, employed 28,277 people. It closed FY 2012-13 with revenues
of $583.1 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, 2013 and on Form 6-K for the quarter
ended September 30, 2013. These filings are available at 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 it is required
by law.

Contact:

Arrow Electronics Inc.
Dawn Small
+1 303-824-4188
dsmall@arrow.com
or
Infosys BPO
Sarin Menoky
+91 9972585052
sarin_menoky@infosys.com
or
The Practice
Chaitali Pishay
+91 9379917540
chaitali@the-practice.net
 
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