BANGALORE, India, August 26 /PRNewswire-FirstCall/ --
- 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 Index and The Global Dow. For
more information, visit http://www.infosys.com.
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 http://www.sec.gov Opens in
new window including our Annual Report on Form 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.
