Invensys Selects Genpact to Provide Finance & Accounting Support

Business Wire, Jan 29, 2008

NEW YORK -- Genpact (NYSE:G), which manages business processes for companies around the world, announced it has been selected by Invensys, a global industrial automation, transportation and controls company, to provide finance & accounting services to the UK-based company. Terms were not disclosed.

Genpact will provide the services from its delivery centers in Cluj, Romania, and Gurgaon, India. Genpact serves more than three dozen major clients from delivery centers in nine countries.

"We are extremely pleased to apply our domain expertise in accounting and finance services to Invensys," said Genpact President & CEO Pramod Bhasin in making the announcement. "Invensys serves some of the world's leading energy, chemical, pharmaceutical and manufacturing companies. We look forward to supporting Invensys as it helps improve its clients' productivity."

Stan Allison, senior vice president of Global Business Services for Invensys, said: "Invensys has selected a co-sourcing partner that aligns with our strategies to improve internal controls, service levels and cost savings. Genpact's dedication to Six Sigma and in-depth process knowledge will enable Invensys to rapidly achieve its strategic goals."

About Genpact

Genpact manages business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the United States. For more info: www.genpact.com.

About Invensys

Based in London, England, and operating in 60 countries, Invensys is a global industrial automation, transportation and controls group that provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, as well as electronic and electro-mechanical systems and components to appliance and related industries. By applying technology, Invensys increases productivity, reduces waste, removes supply chain costs, boosts profitability and demonstrates measurable improvement in clients' performance. For more info: www.invensys.com.