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HCL AXON Awarded 2009 SAP® Pinnacle Award

Published Date: 
May 14, 2009
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HCL AXON, the world’s largest services provider dedicated to SAP® solutions, today announced that they have been awarded a 2009 SAP Pinnacle Award in the area of SI Co-Innovation related to its iMRO solution. SAP Pinnacle Awards were granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on over 300 nominations received from partners and SAP employees.

ORLANDO, Fla. — May 14, 2009 - HCL AXON, the world’s largest services provider dedicated to SAP® solutions, today announced that they have been awarded a 2009 SAP Pinnacle Award in the area of SI Co-Innovation related to its iMRO solution. SAP Pinnacle Awards were granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on over 300 nominations received from partners and SAP employees. There were twice as many nominations this year than there were in 2008. HCL AXON received the award at a special awards ceremony held on the eve of SAPPHIRE® 2009, SAP’s international customer conference being held in Orlando, May 11 – 14.

“This award recognizes HCL AXON’s long-standing dedication to delivering world-class solutions to the SAP customer base,” said Steve Cardell, president, HCL AXON. “HCL AXON has a long history of working together with SAP at the cutting edge of technology, providing unique solutions that meet the needs of our most demanding customers. We are extremely proud to be recognized for our innovations by SAP.”

The award comes after the December 2008 announcement that HCL Technologies acquired Axon, making it the world’s largest implementation firm focused on integrating SAP solution based technologies. Customers are taking advantage of the flexibility offered by the new HCL AXON team – their work can now be completed on demand wherever necessary, whether that is in Boston, Brussels, Bejing or Bangalore. HCL AXON has enjoyed a strong relationship with SAP for over 15 years, transforming businesses through SAP technology-based innovation.

HCL AXON introduced iMRO in 2008 as an industry solution add-on to the SAP ERP application for aviation and aerospace organizations. iMRO expands and enhances SAP
maintenance capabilities with specialty tools and functionality for users including maintenance technicians, planners and engineers. iMRO improves productivity and data accuracy and cuts down on the unexpected process variations normally encountered by complex asset maintenance businesses. Just days ago, HCL AXON announced an example of iMRO’s success with an implementation at Jet Aviation.

“SAP is committed to working with partners of all sizes to be as successful as possible in partnering with SAP,” said Patricia Hume, senior vice president, Global SME Indirect Channel, SAP. “Partners like this year’s SAP Pinnacle Award recipients exemplify excellence in action. They are very successful companies and are devoted to helping midsized companies meet their specific business needs. We thank HCL AXON for their dedication and passion to partnering with SAP to help redefine the customer experience in the midmarket.”

About HCL AXON
HCL AXON (www.hcl-axon.com), a division of HCL Technologies, is a Business Transformation consultancy that delivers significant value to large, complex organizations through the innovative implementation and support of SAP technologies. HCL AXON has over 4,700 of the industry’s most experienced professionals specializing in the delivery of sustained business improvement through technology enabled transformation programs. HCL AXON's consultants bring in-depth industry expertise alongside best practice functional knowledge to address the strategic, operational, information management and organizational effectiveness challenges faced by organizations today. HCL AXON is renowned for its global ability to help clients define more ambitious strategies, build more effective organizations and shape more successful futures.

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 RD services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 20 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Aerospace Defense, Telecom, Retail CPG, Life Sciences Healthcare, Media Entertainment, Travel, Transportation Logistics, Automotive, Government, Energy Utilities. HCL takes pride in its philosophy of ‘Employees First’ which empowers our 54,026 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.0 billion (Rs. 9,842 crores), as on 31st March 2009. For more information, please visit www.hcltech.com

About HCL
HCL is a $5 billion leading global Technology and IT Enterprise that comprises two companies listed in India - HCL Technologies HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups, a pioneer of modern computing, and a global transformational enterprise today. Its range of offerings spans Product Engineering, Custom Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products across a wide range of focused industry verticals. The HCL team comprises over 60,000 professionals of diverse nationalities, who operate from 23 countries including over 500 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit 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.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Copyright © 2009 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For further information

Michelle Deschenes
Michelle.deschenes@hcl-axon.com
(443) 695-3312

Kirsten Paragona – HCL Corporate US
kparagona@hcl.com
(857) 350 5393

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