Infosys BPO today announced that it has successfully completed the acquisition of McCamish Systems LLC. Infosys BPO had earlier
announced the signing of a definitive agreement to acquire the US-based insurance and retirement business process solutions
provider.
Ritesh Idnani, Head, Worldwide Sales and Marketing and Business Head, Banking, Capital Markets, Insurance, Healthcare and
Emerging Markets and Americas Operations, Infosys BPO said, "With this acquisition, Infosys BPO strengthens its
presence as a global outsourcing services provider. We look forward to an exceptional relationship with McCamish Systems
LLC, and are delighted to be working with a dynamic and outstanding group of individuals."
J. Gordon Beckham Jr., President and CEO, McCamish Systems said, "We as a part of Infosys BPO are excited to be associated
with an organization that is driven by an ethos of values and knowledge capital. Our customers would also benefit from
this partnership at a global scale."
The deal establishes Infosys BPO as a key player in business platform services for the insurance and financial services sector,
and will enhance the company’s capability to deliver end-to-end business solutions.
Infosys Safe Harbor
Statements in connection with this release include forward-looking statements within the meaning of US Securities laws intended
to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These include statements
relating to the acquisition of McCamish systems enhancing Infosys BPO’s ability to deliver business solutions and its
ability to deliver potential benefits to its customers. These and other forward-looking statements made in connection
with this release are subject to risks and uncertainties including those described in our SEC filings available at
www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2009, and our other recent filings,
and actual results may differ materially from those projected by forward-looking statements. We may make additional
written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
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