PR Newswire/Les Echos/ lnfosys(r)
INFOSYS LIMITEDCIN: L85110KA1981PLC013115 Regd Office: Electronic City, Hosur Road, Bangalore- 560 100, lndia Tel: 91 80 2852 0261 Fax: 91 80 2852 0362 www.infosys.com; firstname.lastname@example.org TO ALL STOCK EXCHANGES BOMBAYSTOCK EXCHANGE LIMITED NATIONAL STOCK EXCHANGE OF INDIALIMITED NEW YORKSTOCK EXCHANGE NYSE EURONEXT LONDONNYSE EURONEXT PARIS June 23, 2014Dear Sirs/Madam, Sub: Press Release Please find attached the press release titled "FONDEP of Morocco Selects lnfosys Finacle for its Banking Transformation Program". This is for your information and records. Yours sincerely, For lnfosys Limited Parvatheesam K. Chief Risk & Compliance Officer and CompanySecretary PRESS RELEASE FONDEP of Morocco Selects lnfosys Finacle for its Banking Transformation Program Bangalore, lndia - June 23, 2014: FONDEP, one of Morocco's leading microfinance institutions, has chosen lnfosys Finacle for its strategic core banking transformation program. The Finacle solution will help FONDEP adapt to changing customer needs by enabling them to olfer relevant products to their customer base. Highlights: * The comprehensive capabilities of the Finacle solution will enable FONDEP to accelerate its strategy of expanding beyond micro-credit activities * The new platform will also enable FONDEP to distribute its existing range of micro-insurance products to its clients in urban and rural areas * The program will be deployed in French, underlining Finacle's readiness for the French speaking North African banking sector * The deployment will be supported by specialist teams located across the lnfosys global network, including those based at the company's development center in French speaking MauritiusQuotes: Mouatassim Belghazi, Chairman, FONDEP: "FONDEP's mission is to contribute ta financial inclusion and the fight against poverty in Morocco. As part of this mission, the efficiency of operations and cost reduction for customers requires the implementation of an effective information system. We are confident that Finacle is the core banking solution that will enable us to achieve our objectives." Amit Dua, Regional Head, Advanced Markets and Global Accounts, Finacle, lnfosys: "Banks need a platform that will enable them to offer a wider range of services needed ta support economic growth that the African market promises. The Finacle deployment at FONDEP gives us the opportunity to demonstrate our ability to partner with banks in the French speaking market of this region. It will act as a springboard to extend our presence in this region." About FONDEP FONDEP is a Moroccan microfinance institution founded in 1996, with a current portfolio of 130,000 clients and loans outstanding of MAD 850 Million representing 20% of the total microcredit market in Morocco. FONDEP currently employs 1,150 employees through a network of 178 branches nationwide. Visit www.fondep.com. About lnfosys Infosysis a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence. Visit www.infosys.com to see how lnfosys (NYSE: INFY), with US$ 8.25 billionin annual revenues and 160,000+ employees, is Building Tomorrow's Enterprise(r) today. Safe Harbor Certain statements in this release concerning our future growth prospects ate forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our keylocus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which lnfosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside lndia, 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 United States Securities and Exchange Commissionfilings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2014and on Form 6-K for the quarter ended December 31, 2013. These filings are available at www.sec.gov. Infosysmay, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commissionand our reports to shareholders. ln addition, please note that the date of this press release is mentioned at the beginning of the release, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law. For further, information please contact: Asia Pacifie Kiran Kumar Yellupula lnfosys, lndia +91 9769541122 email@example.com EMEA Paul de Lara lnfosys, UK+44 2075162748 Paul_deLara@infosys.com Americas Tara Kozak-Lindsay GolinHarrisfor lnfosys, USA+1 212 373 6020 tkozaklindsay@GolinHarris.com FONDEP Narjiss Safrioui Rabat, Morocco+212 537575750 firstname.lastname@example.org The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.