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COMPANY BACKGROUND
Infosys Technologies Limited, incorporated in the year 1981 provides consulting and IT services.

Infosys has been a pioneer in offering innovative solutions to its clients. The company offers a wide range of software services, namely application development and maintenance, corporate performance management, independent validation services, infrastructure services, packaged application services and product engineering and systems integration.

Infosys was the first Indian company to be listed on the NASDAQ Stock Exchange. The company reported a consolidated net profit of US$ 152.1 million for the quarter ending March, 2006. It has five subsidiaries globally – Progeon Limited, Infosys Technology (Australia) Pty. Ltd., Infosys Technology (Shanghai) Co. Ltd., Progeon S.R.O. (Czech Republic) and Infosys Consulting Inc. It has presence across the globe with 30 offices spread over USA, Europe, Australia and Asia. It currently employs people from 53 different nations. Though the USA has been the main source of revenue for Infosys, the company is looking into expanding into Europe and Asia. Infosys (Australia) has won several new clients and Infosys (China) is focusing on serving the local clientele. Its high-end services occupy a premium position in the Japanese markets and the growth rates are consolidating across Europe.

Infosys has a growth rate of over 50% and more than half a billion dollars in revenues in EMEA
(Europe, Middle East and Africa) region, Infosys is one of the fastest growing Consulting and IT Services organizations in EMEA region. Company’s revenue from Europe increased from US$ 340.3 million in 2004-05 to US$ 495.6 in 2005-06, representing a growth rate of 45.6 per cent per annum.

Infosys takes pride in building strategic long-term client relationships. Over 97% of our revenues come from existing customers.

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