INFOSYS INKS MAJOR SAP AGREEMENT WITH MAYNE
- 25 May, 2005 12:00
<p>Infosys Technologies Australia (Infosys) has signed a three-year SAP production support and maintenance contract with Australian-based health services company, Mayne Group Limited (Mayne).
The deal represents a major SAP contract win in Australia for Infosys and is the result of a rigorous tender process.
The contract involves an initial migration period that will be completed in early 2005 with Infosys to provide Mayne with ongoing support and maintenance until 2008.
Mayne’s SAP infrastructure in Melbourne provides financial, HR and payroll support to the company’s 12,000 staff globally.
In terms of benefits, Mayne expects to realise significant savings over the term of the three-year contract.
Peter Fleming, Mayne’s Chief Information Officer, said: “The ability to support Mayne globally was a critical factor in our decision to appoint Infosys. We are pleased that Infosys is able to provide the resources and SAP expertise required to support our global growth ambitions.”
Gary Ebeyan, Infosys Australia CEO, highlighted the significance of the deal. “Infosys has delivered tremendous value to its SAP clients globally, and it is rewarding to be able to bring these benefits to Australian companies in our quest to make them globally competitive.”
“We are now able to demonstrate our world-class capabilities and value in Australia and will continue our relentless drive to be the first choice for production support and maintenance, upgrades and NetWeaver services using our global delivery model,” he added.
Infosys was recently named SAP’s Top NetWeaver certified Partner in APAC in terms of Trained and Certified NetWeaver consultants.
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<p>About Infosys Australia
Infosys Australia is a leading provider of business driven technology solutions for the enterprise. We work with our clients in the spirit of partnership to assist them gain competitive advantage, achieve future growth and increased profitability. We deliver world-class solutions cost-effectively, predictably and in the shortest possible time, utilising outstanding local talent, backed by vast global capability, in-depth industry knowledge and technical excellence. Infosys Australia is the Australian subsidiary of Infosys Technologies, a world leader in consulting and information technology services, with over 30,000 employees in over 30 locations worldwide.
About Mayne Group Limited
With sales revenue in excess of $A 4 billion in its 2004 fiscal year, Mayne Group Limited is one of Australia’s leading healthcare companies and listed on the Australian Stock Exchange. The company has an international generic and specialty pharmaceuticals business and domestic operations in diagnostic services (pathology, diagnostic imaging and medical centres), pharmacy and health-related consumer products.
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 the success of our investments, risks and uncertainties regarding fluctuations in earnings, 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 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, 2004 and 6-K for the quarters ended June 30, 2004, September 30, 2004 and December 31, 2004 and Registration Statement on Form F-3 filed on December 20, 2004 and Amendment No. 1 to Form F-3 filed on January 18, 2005. 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 statement that may be made from time to time by or on behalf of the company.</p>