Press Releases

QGC Renews Agreement for Major Procurement Services

January 2013

Following a competitive tender, QGC Pty Limited, a leading Australian coal seam gas explorer and producer, has renewed the contract for the provision of highly skilled procurement services to Portland Group, Australia’s largest professional services firm specialising in procurement and supply chain services. In 2011, Portland Group was awarded a contract for similar services for an initial eight month period.

Under the new agreement, Portland will assist QGC over a two year period with procurement activities to establish contracts for a wide range of products and services required for coal seam gas exploration and operations.

Andrew Jarvis, Engagement Manager, Portland Group, commented "We have enjoyed working with QGC since 2011, providing procurement services to establish contracts for a wide range of categories and to be selected again after a highly competitive process is recognition of the team’s good work and the value that our services continue to provide to our clients. Since being selected by QGC to provide procurement services in 2011, our team has been working with Queensland’s largest companies in Coal Seam Gas, Mining, Transport and Energy providing both procurement and supply chain services. We look forward to bringing our experience gained from these engagements together with our tried and tested procurement processes to help QGC to develop their Coal Seam Gas operations."

Gavin Solsky, CEO, Portland Group, commented "To be selected by QGC again after a comprehensive tendering processes is further validation of our decision to invest in Queensland, bringing both procurement and supply chain project and managed services to the State. Portland Group and our parent company, Infosys, are looking to further expand the services we are able to provide to the Queensland market to help our clients address the current challenging economic conditions."

This news follows the recent special achievement award to Portland Group for the contribution to the procurement industry by Australia's Procurement Professional body CIPS Australia. This is the first time such an award has been made to a procurement services provider.

 

About Infosys Portland

Infosys Portland is a subsidiary of Infosys BPO Ltd., a part of Infosys Ltd. Our mission is to make our clients successful by increasing their profitability through procurement and supply chain improvements. We are unique in providing services to improve efficiency and effectiveness across our clients’ complete procurement and supply chain functions, ranging from innovative, high-end strategy through to effective, low-cost operations and transactional processing. The resulting transformational benefits for clients include lower costs, reduced risk and improved service from client suppliers.

 

About Infosys BPO

Infosys BPO Ltd. ( www.infosysbpo.com ), the business process outsourcing subsidiary of Infosys Ltd., was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, on-going productivity improvements, and process reengineering. Infosys BPO operates in India, Poland, the Czech Republic, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the United States, China, the Philippines, Japan and Australia, and as of December 31, 2013, employed 27,894 people. It closed FY 2012-13 with revenues of $583.1 million.

 

About QGC

QGC Pty Limited is a leading Australian coal seam gas explorer and producer focused on supplying gas to domestic and international markets. QGC is establishing one of Australia’s largest capital infrastructure projects to turn Queensland’s world-class coal seam gas reserves into liquefied natural gas. Queensland Curtis LNG, a priority project for QGC, involves expanding exploration and development in southern and central Queensland and transporting gas through a 540km underground pipeline network to Curtis Island near Gladstone where it will be liquefied. For further information visit: www.qgc.com.au

 

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, 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 key focus 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 Infosys 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 India, and unauthorised 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 Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2013 and on Form 6-K for the quarter ended December 31, 2013. These filings are available at www.sec.gov. Infosys may, 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 Commission and our reports to shareholders. 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.

Media contacts:

For further information, please contact:

Diana Merlot
Infosys Portland
+614 9210 4337

Shruti Nambiar
Infosys BPO
+91 8884578918

Narayan Bhatt
Adfactors PR
+91 9979915777