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Infosys and Chief Scientist of Israel want to promote research and industrial development

1 July 2012 | In News | 200 views | By

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desenvolvimento industrialInfosys, líder mundial em serviços de consultoria e technology, announced today the signing of a memorandum of understanding (MoU) com o Estado de Israel para estabelecer e aumentar a colaboração em pesquisa e development industrial. This MoU is part of “Global enterprise collaboration program” desenvolvido pelo gabinete do cientista-chefe de Israel para acelerar a innovation através de um ecossistema mundial.

The MoU creates a system for industrial collaboration between Infosys and Israeli companies in emerging technology areas of cloud computing, information security, sensors, análise e sustentabilidade. Com uma forte base mundial de clientes em todos os segmentos da indústria e com experiência comprovada na promoção de inovações que levam growth para as empresas, Infosys will provide valuable knowledge in the definition of relevant challenges and solutions in various sectors.

THE Infosys Labs, research and innovation Division of Infosys, promotes research on the megatrend ‘building the enterprise of tomorrow‘, that has the potential to transform the client's business. Committed to the principle of “innovation co-creation”, Infosys Labs strengthens your existing customer innovation ecosystem, partners and industry consortia through this MoU.

On occasion, Subu Goparaju, Senior Vice President and head of the Infosys Labs, said: “This collaboration aligns with our vision of bringing together different networks of innovation from all parts of the world and make them relevant to our clients. In Infosys, We seek to leverage the innovation ecosystem in Israel, as part of the evaluation of early stage technologies that are relevant to customers can build companies of tomorrow”.

After the signing of the agreement, Shalom Simhon, Minister of industry, Trade and Work of Israel, declared: “Our Ministry provides Israeli exporters, a Government-backed toolset designed to help provide the best Indian colleagues that Israel has to offer in the tech sector. The agreement signed today with the Infosys is an important example of another such tool. The enormous potential of the Indian market has not gone unnoticed by companies and owners of Israeli industries, and the Ministry of industry, Commerce and labor works tirelessly to realising the potential of trade between the two countries, for the benefit of both Nations”.

Avi Hasson, the Chief Scientist of the Ministry of industry, Commerce and labor, said: “We signed a number of agreements with various international companies in the last five years, and the numerous projects of P&(D) that emerged from these agreements demonstrate the keen interest that international companies have in collaborating with Israeli partners from initial P&(D). The agreements, as this signed with Infosys, stimulate this collaboration and facilitate the convergence of advantages on both sides in mutually beneficial projects”.

About Infosys

Many of the most successful organizations in the world rely on 150.000 Infosys officials to offer measurable business value. Infosys offers business consulting, technology, Engineering and outsourcing services to help customers in more than 30 countries to build tomorrow's company.

For more information about Infosys (NASDAQ: INFY), visit http://www.infosys.com

Legal notice of Infosys

Certain statements in this release concerning our future growth prospects are forward-looking statements, that involve a number of risks and uncertainties that could cause actual results to be materially different from those in the forward-looking statements. The risks and uncertainties related to such statements include, but are not limited to, risks and uncertainties about fluctuations in earnings, fluctuations in foreign currency exchange rates, our ability to manage growth, intense competition in it services, including the factors that can affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, extrapolamento of time and cost on the fixed price, fixed time contracts, concentration of customers, immigration restrictions, concentration of the industry segment, our ability to manage our international operations, reduced demand for technology in our main areas of focus, telecommunication networks failures or system crashes, our ability to complete and integrate acquisitions successfully potentials, liability for damages in our service contracts, the success of the companies in which Infosys made strategic investments, withdrawal or expiration of government tax incentives, political instability and regional conflicts, legal restrictions on raising capital or acquisition of companies outside of 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 records with the Securities and Exchange Commission of the United States, including our annual report on form 20-F for the fiscal year ended 31 March 2012 and in the format 6-K, for the quarters ended 30 June 2011, 30 September 2011 and 31 December 2011. These records are available inhttp://www.sec.gov/. Infosys can, from time to time, make forward-looking statements orally or in writing additional, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not assume the obligation to update any forward-looking statement that may be made from time to time by the company or on behalf of her.

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