Infosys to Acquire Lodestone, a Leading Management Consultancy Firm

Zurich And Bangalore, India (ots/PRNewswire) -

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- Strengthens Infosys management consulting capabilities globally
- Expands presence in continental Europe adding more than 750 experienced
consultants and 200 clients
- Deepens expertise across Manufacturing, Automotive and Life Sciences
industries
- Infosys Consulting practice focusing on SAP programs to become a $1 Billion
powerhouse

Infosys [http://www.infosys.com ], a global leader in consulting
and technology, today announced a definitive agreement to acquire
Lodestone Holding AG, a leading global management consultancy firm
for an aggregate enterprise value of CHF 330 Million in cash.
Headquartered in Zurich, Lodestone advises international companies on
strategy and process optimization, and provides business
transformation solutions enabled by SAP. The combination of the
breadth of capabilities delivered by Infosys and Lodestone's deep
experience of driving transformational change, is expected to provide
clients across the two companies, a world-class team to accelerate
transformation and innovation led growth.

Upon completion, the acquisition of Lodestone will strengthen
Infosys Consulting and Systems Integration [http://www.infosys.com/m
anagement-consulting-services/Pages/index.aspx ] (C&SI) capabilities,
by bringing more than 850 employees, including 750 experienced SAP
consultants to the company. Lodestone will add more than 200 clients
across industries including Manufacturing, Automotive and Life
Sciences, to the Infosys pool of over 700 clients. Post-acquisition,
the combined Consulting practice focusing on SAP programs will
deliver revenues of more than $1 Billion, firmly establishing Infosys
amongst the global leaders in SAP consulting.

Infosys Consulting & Systems Integration business, today, has
more than 30,000 consultants across 10 industry verticals and
accounts for 31% of the company's revenue. The Lodestone acquisition
will significantly enhance its global presence, particularly in
continental Europe and emerging markets like Latin America and Asia
Pacific. Further, Lodestone's clients will get ready access to the
scale and global reach of Infosys, in addition to a broad spectrum of
capabilities across consulting, systems integration and outsourcing.

Commenting on the transaction Mr. S. D. Shibulal, CEO & Managing
Director, Infosys said, "A key plank of our Infosys 3.0 strategy is
to expand our Consulting & Systems Integration business. This
acquisition fits perfectly into that strategy. Lodestone and Infosys
share a culture of unwavering focus on nurturing and maintaining
client trust. I look forward to welcoming Ronald, his experienced
leadership team and Lodestone's team of top-notch consultants to
Infosys."

Mr. Ronald Hafner, Chairman and CEO, Lodestone added, "Our
clients entrust us with their most important business and technology
transformation initiatives. We are eager to leverage the widely
acknowledged global reach of Infosys and its leadership in the
consulting and technology arena to deliver greater value to our
clients. This will enhance the momentum that Lodestone is already
witnessing in the marketplace. A common passion for delivering client
value will strengthen this partnership even further."

The transaction is currently expected to close by the end of
October 2012, subject to customary closing conditions.

Linklaters LLP is acting as legal advisor to Infosys. UBS AG is
acting as financial advisor and Baker & McKenzie is acting as legal
advisor to Lodestone.

About Infosys

Infosys partners with global enterprises to drive their
innovation-led growth. That's why Forbes ranked Infosys 19 among the
top 100 most innovative companies. As a leading provider of
next-generation consulting, technology and outsourcing solutions,
Infosys helps clients in more than 30 countries realize their goals.
Visit http://www.infosys.com and see how Infosys , with its 150,000+
people, is Building Tomorrow's Enterprise(R) today.

About Lodestone

Lodestone Holding AG, headquartered in Zurich, is a global
consulting firm advising international companies on strategy and
process optimization as well as IT transformation. With a
value-integration approach, Lodestone pursues a value-adding
combination of management and IT consulting. Founded in 2005, the
firm has grown to more than 850 employees (thereof around 750
consultants) in 17 countries on five continents. Lodestone's advisory
services are primarily geared to the life science, chemical and
financial services industries as well as the investment, automotive
and consumer goods sectors.

For further information, please visit http://www.lodestonemc.com

Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act of 1934, as amended, which statements include
those regarding the expected closing date of the proposed
acquisition, Infosys' expectations regarding the business, products
and prospects of the combined company, and Infosys' expectations
regarding the impact of the proposed acquisition. The statements
contained in this press release that are not purely historical are
forward-looking statements and include, without limitation,
statements regarding our expectations, beliefs, intentions or
strategies regarding the future. In some cases, you can identify
forward-looking statements by terminology such as "may," "will,"
"should," "expects," "plans," "anticipates," "believes," "intends,"
"estimates," "predicts," "potential," or "continue" or the negative
of these terms or other comparable terminology. These statements are
based on the current expectations or beliefs of management of Infosys
and are subject to uncertainty and changes in circumstances that, if
they were to never materialize or prove incorrect, could cause actual
results to differ materially from those projected, expressed or
implied in the forward-looking statements. Factors that could cause
actual results or outcomes to be materially different from those
anticipated in this press release include, among others, the
inability to obtain necessary regulatory approvals for the proposed
acquisition or to obtain them on acceptable terms; the risk that the
Agreement is terminated; the inability of Infosys or Lodestone to
satisfy the conditions to the closing of the proposed acquisition;
the inability of Infosys to successfully integrate Lodestone and its
services, employees and customers; and any disruptions in the market
for the products and services of Infosys and Lodestone. Additional
risks that could affect these forward-looking statements are more
fully described in Infosys' filings with the U.S. Securities and
Exchange Commission, including its Annual Report on Form 20-F for the
fiscal year ended March 31, 2012, and its subsequent filings on Form
6-K. These filings are available at http://www.sec.gov. Infosys does
not undertake to update any forward-looking statements.

Details of Press Conference

Infosys will host a press conference on September 10, 2012 at
12:45 p.m. IST at the Infosys Headquarters, Electronics City,
Bangalore.

ots Originaltext: Infosys Technologies Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Press Contacts: For more information, press only: Infosys
Limited, Sukanya Ghosh, Phone +917829915577,
Sukanya_ghosh02@infosys.com ;
Lodestone Holding AG, Deborah Bucher, Phone +41 44 434 11 00 ,
media@lodestonemc.com