Infosys Technologies Limited Wins Eastman Chemical Company's Supplier Excellence Award.Company Recognized for its Success Bolstering Chemical Industry Leader's Competitiveness BANGALORE, India -- Infosys Technologies Limited (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :INFY INFY Infosys Technologies Ltd (stock symbol) ) today announced that it has won Eastman Chemical Company's Supplier Excellence Award for superior performance and service for 2006. As a recognized supplier of global information technology (IT) services, Infosys has earned the status assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. to Eastman's most valued suppliers. The designation signifies consistent performance in providing Eastman, a $7.5 billion chemical company, with high quality, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. and working on its behalf to improve efficiency and competitiveness in an ever-changing and challenging global marketplace. "We are proud to present Infosys with the distinguished Eastman Supplier Excellence Award for meeting Eastman's high quality expectations in consulting, software development, and application maintenance services," said Keith Sturgill, vice president and chief information officer, Eastman Chemical Company Eastman Chemical Company is a United States based chemical company, engaged in the manufacture and sale of chemicals, plastics and fibers. Eastman has 16 manufacturing sites in 10 countries, supplying its products throughout the world. . "Only a couple of our IT suppliers achieve the stringent requirements that merit earning this award. Infosys' contributions toward the customer-supplier relationship, focus on customer satisfaction and strategic collaboration Working together on a project. See collaborative software. have enabled Eastman and our IT organization to surpass its strategic goals." "Our relationship with Eastman spans seven years and multiple service capacities - we are very pleased that we have received this prestigious award," said Naren Koduvattat, vice president and head of Resources, Energy, Utilities, Infosys Technologies. "Our relationship with Eastman is another example of a strong partnership in the chemical industry and further demonstrates Infosys' commitment to providing high value solutions and services with a focus on business results." About Eastman Chemical Company Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world's largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate cellulose acetate n. Any of several compounds obtained by treating cellulose with acetic anhydride, used in lacquers, photographic film, transparent sheeting, and cigarette filters. fibers. As a Responsible Care[R] company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., U.S.A., Eastman is a FORTUNE 500 company with 2006 sales of $7.5 billion and approximately 11,000 employees. For more information about Eastman and its products, visit www.eastman.com. About Infosys Technologies Limited Infosys Technologies Ltd. (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. Infosys creates these solutions for its clients by leveraging its domain and business expertise along with a complete range of services. 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 75,000 employees in 44 offices worldwide. Infosys is part of the NASDAQ-100 Index. For more information visit www.infosys.com. Infosys Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. : Statements in connection with this release may include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and . These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2007 and our Quarterly Report on Form 6-K for the quarter ended June 30, 2007, 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 dis·claim v. dis·claimed, dis·claim·ing, dis·claims v.tr. 1. To deny or renounce any claim to or connection with; disown. 2. To deny the validity of; repudiate. 3. any obligation, to update them. |
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