MEDIA RELEASE PR35843
BP Awards Large Deal to Infosys Technologies
BANGALORE, Aug 26/ PRNewswire-AsiaNet/ --
- Oil and Gas Company Leverages Infosys Industry Expertise and Technology
Leadership
Infosys Technologies will manage and operate a large portion
of business systems for BP, one of the world's largest oil and gas companies,
under the terms of a five-year applications outsourcing and support
agreement.
Over the last 12 months, BP has undertaken a programme to
consolidate its information technology (IT) vendors for application
development and application maintenance (ADAM). BP had a rigorous procurement
selection process which assessed Infosys on capability, oil and gas sector
knowledge and cost. Infosys met these criteria and has demonstrated ability
to support BP's agenda of IT simplification and standardization to facilitate
corporate efficiency.
Dana Deasy, BP Group CIO, said, "I'm pleased to have selected
Infosys as one of our strategic ADAM vendors. In awarding Infosys ADAM work
for our Integrated Supply and Trading and Exploration and Production
businesses, we look to leverage its capability and knowledge of the Oil and
Gas sector. This agreement will enable BP to reduce complexity, standardize
work processes, and lower our overall cost base."
Kris Gopalakrishnan, CEO and Managing Director, Infosys
Technologies, said, "Infosys has a long standing relationship with BP,
delivering consulting and technology services. We are well positioned to use
our global sourcing expertise and transformational capabilities in the oil
and gas domain to deliver significant improvement in operational efficiencies
to BP as a part of this new agreement."
BP Notes to Editors
BP is one of the world's largest oil and gas companies,
serving millions of customers every day in more than 100 countries across six
continents. BP's business segments are Exploration and Production; Refining
and Marketing; and Alternative Energy, its low-carbon energy business.
Through these activities, BP provides fuel for transportation; energy for
heat and light; retail services; and petrochemicals products for textiles and
packaging.
About Infosys Technologies Limited
Infosys Technologies Limited (NASDAQ: INFY) defines, designs
and delivers IT-enabled business solutions that help Global 2000 companies
win in a Flat World. These solutions focus on providing strategic
differentiation and operational superiority to clients. With Infosys, clients
are assured of a transparent business partner, world-class processes, speed
of execution and the power to stretch their IT budget by leveraging the
Global Delivery Model that Infosys pioneered. Infosys has over 103,000
employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100
Infosys Safe Harbor
Statements in connection with this release may include
forward-looking statements within the meaning of US Securities laws intended
to qualify for the "safe harbor" under the Private Securities Litigation
Reform Act. These forward-looking statements are subject to risks and
uncertainties including those described in our SEC filings available at
20-F for the year ended March 31, 2009, and our other recent filings, and
actual results may differ materially from those projected by forward-looking
statements. We may make additional written and oral forward-looking
statements but do not undertake, and disclaim any obligation, to update them.
For further information please contact:
Americas Asia Pacific
Daylan Burlison Bani Paintal Dhawan
Infosys Technologies Ltd, US Infosys Technologies Ltd, India
Phone: +1-646-254-3141 Phone: +91-80-3913-4511
Daylan_Burlison@infosys.com Bani_Dhawan@infosys.com
Australia EMEA
Cristin Balog Antonia Maneta
Infosys Technologies Ltd, Australia Infosys Technologies Ltd, UK
Phone: +61-3-9860-2277 Phone: +44(0)207-715-3499
Cristin_Balog@infosys.com Antonia_Maneta@infosys.com
SOURCE: Infosys Technologies Ltd.
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