Canadian Pacific and Infosys Sign Multi-Year "Modular Global Sourcing" Agreement for I.T. Services and Support

Business Wire, August 2, 2007

TORONTO -- Infosys Technologies Limited (NASDAQ:INFY), a world leader in consulting and information technology services, today announced a multi-year agreement with Canadian Pacific (CP) to provide Modular Global Sourcing services for its information technology organization, Business and Information Technology Services (BITS). Infosys will help CP improve its I.T. delivery capabilities through BITS' strategic "Bestshoring" initiative.

Canadian Pacific, headquartered in Calgary, Alberta, and its subsidiaries operate a 13,500-mile transcontinental railway that spans Canada, and the Northeast and Midwest regions of the United States. CP also provides logistics, supply chain expertise, and rail and intermodal transportation services.

"After evaluating several options, we selected Infosys because its flexible, scalable solutions and expertise delivering I.T. services globally best fit our current and future I.T. needs," said Kathryn McQuade, Executive VP and COO, Canadian Pacific. "In the world of closely-tracked, highly-accurate railway transportation, there is no room for error. We are confident that Infosys will provide the technology that continues to meet the guidelines of this industry, while also supporting our business strategy and vision for growth."

The five-year agreement will focus largely on the application development, management and maintenance of CP's railway operations. BITS will be utilizing Infosys' CMM Level 5 capabilities, which will deliver the differentiated I.T. sourcing solutions that meet the specific accuracy requirements for CP's control hub's mission critical applications and train control operations.

"By closely examining CP's I.T. application landscape, Infosys was able to make key recommendations about how to implement its Bestshoring strategy," said Paddy Rao, Head of Canada Integrated Business Unit at Infosys. "We look forward to working with BITS to develop an I.T. support structure that delivers the solutions and services that meet the ever-demanding requirements of railway transportation."

Today's agreement between CP and Infosys marks a key milestone in making CP's Bestshore strategy, a highly visible IT project in Canada's transportation industry, come to fruition. Through Infosys' Modular Global Sourcing approach, CP will have at its disposal a wide-range of I.T. solutions with flexible terms, scalable operations, and integrated multi-vendor relationships.

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.

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