Infosys and Microsoft Strike Worldwide Strategic Alliance

Infosys and Microsoft Strike Worldwide Strategic Alliance

Companies to work jointly to deliver world-class e-business solutions

NEW DELHI, India, Sept. 14, 2000 — IT consulting and software services giant Infosys Technologies (NASDAQ: INFY) and Microsoft Corporation (NASDAQ: MSFT), the worldwide leader in computing software, today announced a strategic global relationship for developing, promoting, and delivering a comprehensive portfolio of Infosys business solution offerings and enterprise services built using the Microsoft’s .NET Enterprise Server platform.

The relationship combines Infosys’ proven solution development expertise with the scalability and reliability of Microsoft’s platform to enable the delivery of robust, cost-effective e-business solutions to customers. The announcement was made at a press conference addressed by N. R. Narayana Murthy, Chairman and CEO, Infosys Technologies Ltd. and Bill Gates, Chairman and Chief Software Architect, Microsoft Corporation.

As part of the strategic global relationship, Infosys and Microsoft will develop business solution offerings in areas such as Customer Relationship Management (“CRM”), eCommerce, Financial Services, Insurance and Retail. Microsoft India and Infosys will also work closely together to bring Infosys’ world-class solutions development and delivery capabilities to large Indian enterprises as well as to establish Infosys’ Competency Center which will showcase high-end solutions developed on Microsoft technologies. Microsoft will provide Microsoft Consulting Services (MCS) resources and technical training to further the technical skills of Infosys’ consultants on Microsoft technologies. The two companies will also undertake joint marketing initiatives and account planning.

Bill Gates, Chairman & Chief Software Architect, Microsoft Corporation USA said,
“Infosys continues to build a strong solution development reputation in the US and other international markets and brings a huge pool of resources skilled on Microsoft technologies. Together, we can deliver world class e-business solutions to our existing and future customers.”

“Infosys is delighted to become a strategic Microsoft partner. With over 1200 professionals trained on Microsoft platforms and deployed globally, we can effectively leverage access to the very latest Microsoft technologies into business benefits for our customers”
, said N. R. Narayana Murthy, Chairman and CEO, Infosys Technologies Limited.
“We believe that this relationship will expand our Fortune 1000 client-base”
, he added.

“Microsoft is committed to working with Infosys on innovative Windows 2000 and Microsoft .Net based solutions to create business value for our customers worldwide,” said Geoff Nyheim, General Manager of Global Partners in the Enterprise and Partner Group at Microsoft Corporation. “Infosys’ accelerated investment in Microsoft focused skills, development methodologies and industry applications is well timed to meet the explosive demand for a new, .Net generation of services and solutions. Infosys’ world-class delivery capabilities will strengthen Microsoft’s presence in Fortune 1000 corporations. Along with our product, consulting, support and sales teams, Microsoft will work closely with Infosys to globalize market and customer-focused initiatives.”

Infosys has developed and implemented solutions on the Microsoft Enterprise Solutions Platform. These solutions have been developed for a number of customers including CBS Sportsline, Dell, Aon Corp, Franklin Templeton Investments, and Nordstrom using Microsoft platforms.

About Infosys Technologies Limited (NASDAQ: INFY)

Infosys is an IT consulting and service provider, providing end-to-end consulting for global corporations and emerging dotcom companies. The company has partnered with several Fortune 1000 companies in building their next generation information infrastructure for competitive advantage. The Infosys portfolio of services includes e-strategy consulting and solutions, large application development and enterprise integration services. Infosys also has product co-development initiatives with numerous communication and Internet infrastructure companies that are creating the building blocks for the digital economy.

The Global Delivery Model of the company leverages talent and infrastructure in different parts of the world to provide high quality, rapid time-to-market solutions. Infosys’ US headquarters is located in Fremont, California; the company also maintains offices throughout the US, Europe and Asia. For more information, contact Infosys Technologies at +91-80-8520261 in India, +1(510) 742-3000 in the USA or visit us on the World Wide Web at .

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

©2000 Microsoft Corporation. All rights reserved.

Microsoft, Visual Basic, Visual C++, Windows and Windows NT are registered trademark of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Safe Harbor

Except for the historical information and discussions contained herein, statements included in this release may constitute “forward-looking statements”. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include, but are not limited to competition, acquisitions, attracting, recruiting and retaining highly skilled employees, technology, law and regulatory policy and managing risks associated with customer projects as well as other risks detailed in the reports filed by Infosys Technologies Limited with the Securities and Exchange Commission. Infosys undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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