HCL Technologies' Customers to Share Global Best Practices at Gartner Outsourcing & Vendor Management Summit

ORLANDO, Florida, September 15, 2010 /PRNewswire-FirstCall/ -- HCL Technologies, a leading global IT services provider, today announced its participation as a platinum sponsor at the Gartner Outsourcing & Vendor Management Summit that begun yesterday in Orlando, Fla. HCL is sponsoring two informational sessions during the summit, led by senior executives from Pearson and Oncor Electric Delivery Company.

HCL sponsored a luncheon session titled "Creating and Driving Business Value Leveraging a Global IT Sourcing Partnership," yesterday at 12:15 p.m. Marty Racioppi, Head of Pearson's Technology Sourcing Office, shared his insights and experiences in designing a highly tailored and nimble global sourcing partnership, which has helped Pearson transform many aspects of its overall business.

In addition, Joel Austin, Vice President and CIO, Oncor, an HCL customer, will lead a boardroom presentation today at 11:00 a.m. on "Best Practices in Complex Business Critical IT Transitions." Austin's presentation will address the importance of preventing disruption to business critical IT applications and processes during times of transition. Austin will also discuss the importance of aligning business goals to strategies supported by optimal technology solutions, tools and standards, as well as employee involvement in implementing successful transition plans to ensure continued business growth.

"As organizations continue to emerge from recession, they face a wealth of new IT and organizational challenges and are increasingly turning to global delivery service models to improve quality, innovation and productivity, while significantly reducing costs," said Shami Khorana, President, HCL Americas. "HCL continues to demonstrate industry leading growth in the global outsourcing sector with a laser focus on delivering business value and innovation, which fosters strategic customer relationships. We are honored to showcase two highly valued customers and industry thought leaders at this year's Gartner Outsourcing Summit."

To learn more about HCL Technologies, please visit Booth 8 at the Gartner Outsourcing & Vendor Management Summit or at http://www.hcl.com.

About Gartner Outsourcing & Vendor Management Summit

The Gartner Outsourcing & Vendor Management Summit is the only event that provides a comprehensive view of the entire outsourcing market - infrastructure, application and business process outsourcing, global delivery and the use of offshore providers, as well as issues and trends about new delivery models, such as SaaS. The Summit provides unbiased, road-tested advice and best practices necessary for setting outsourcing strategies and objectives, evaluating and selecting the right service providers and managing relationships with them. Additional information is available at http://www.gartner.com/technology/summits/na/outsourcing/index.jsp.

About HCL Technologies

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of 'Employee First' which empowers our 64,557 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.7 billion (Rs. 12,565 crores), for the year ended as on 30th June 2010. For more information, please visit http://www.hcltech.com

About HCL

HCL is a $5 billion leading global technology and IT enterprise comprising two companies listed in India - HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. Its range of offerings includes product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. The HCL team consists of over 64,000 professionals of diverse nationalities, who operate from 26 countries including over 500 points of presence in India. HCL has partnerships with several leading Global 1000 firms, including leading IT and technology firms. For more information, please visit http://www.hcl.com

Forward - looking Statements

Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

    For details contact:

    Kirsten Paragona
    Director of External Communications, HCL
    +1-857-350-5393
    [email protected]

    Danielle Millerick
    BluePoint Marketing for HCL Technologies
    +1-781-861-7800
    [email protected]

SOURCE HCL Technologies Ltd