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HCL Technologies continues to invest and expand in Australia and New Zealand

Published Date: 
Aug 21, 2008
Sydney, Australia; NOIDA, India – August 21, 2008: HCL Technologies Ltd (“HCL”), India’s leading global IT services company today announced its continued investment and expansion in Australia & New Zealand with the opening of a new global development centre in Sydney, which will help to accommodate over 500 staff across the region.

HCL Technologies Ltd (“HCL”), India’s leading global IT services company today announced its continued investment and expansion in Australia & New Zealand with the opening of a new global development centre in Sydney, which will help to accommodate over 500 staff across the region.

The Sydney office opening is part of HCL's global delivery strategy to offer customers support from various locations around the world. HCL currently operates delivery centers in India, China, Poland, Singapore and Ireland and has recently announced its plans to open the US delivery centre in North Carolina.

The global development centre located at 80 Mount Street, North Sydney was officially inaugurated on Wednesday 20 August, 2008 by His Excellency Consul General of India, Mr. Sujan Chinoy.

Speaking on the occasion, HCL's Special Guest, His Excellency, Consul General of India, Mr. Sujan Chinoy said, "I am delighted to be here this evening at the launch of HCL's new global development centre in Sydney. HCL Technologies is well known for its innovation, leadership and its excellent global delivery models for quality ICT products and services. Its presence in Sydney is indicative of its strong commitment to the Australian market and is yet another "feather in its cap" in terms of the company's growing profile in Australia. Congratulations to the HCL team and I convey my best wishes to HCL and its partners in Australia for a successful future".
"Our success has been built on key markets such as Australia and New Zealand, where we have been operating for over a decade. It is the area with the highest potential for growth and is already the fastest growing region in HCL's global network. We have been experiencing 80% growth year-on-year in the Asia Pacific Australia and New Zealand regions and expect this to continue", said Brian Pereira, Head, Australia and New Zealand, HCL Technologies.

The Sydney expansion follows the opening of an office in Canberra in May 2007, and soon HCL will be opening an office in Melbourne to support customers' research and development needs.

HCL is proud to be working with eight of Australia's top ten financial institutions, leading retailers and waste management organizations. HCL recently celebrated its ten-year anniversary with BT Financial Group, just one of the many clients with whom HCL has a long-standing relationship.

HCL also announced today the recently signed partnerships with the Australian Computer Society and Australia's leading business schools: Namely, the Australian Graduate School of Management (AGSM) and the Melbourne Business School (MBS). These partnerships will further support HCL's growth in the region and the development of skilled staff in Australia and New Zealand.

"We see real value in commercial firms like ours partnering with Australia's leading education institutions. We believe that sharing our practical experiences with Australia's future business leaders is essential in preparing them for the challenges that lay ahead," said Mr. Pereira.

About HCL Technologies

HCL Technologies is one of India's leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO. Having made a foray into the global IT landscape in 1999 after its IPO, HCL Technologies focuses on Transformational Outsourcing, working with clients in areas that impact and re-define the core of their business. The company leverages an extensive global offshore infrastructure and its global network of offices in 18 countries to deliver solutions across select verticals including Financial Services, Retail Consumer, Life Sciences Healthcare, Hi-Tech Manufacturing, Telecom and Media Entertainment (ME). For the quarter ended 31st March 2008, HCL Technologies, along with its subsidiaries had last twelve months (LTM) revenue of US $ 1.8 billion (Rs. 7083 crores) and employed 49,802 professionals. For more information, please visit visit www.hcltech.com

About HCL Enterprise

HCL Enterprise is a $4.9 billion leading Global Technology and IT enterprise that comprises two companies listed in India - HCL Technologies HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India's original IT garage start-ups. Its range of offerings span Product Engineering, Custom Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises approximately over 55,000 professionals of diverse nationalities, who operate from 18 countries including 360 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.in

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.

Other product or service names mentioned herein are the trademarks of their respective owners.

For further Queries/ Details Pls Contact:

Zulfia Nafees | Internal Communications
HCL Infrastructure Service Division
Zulfian@hcl.in
Phone: +91 9810495138

Citigate Cunningham
Sandy George
sgeorge@citigatecunningham.com
Phone: +1 617 374 4210

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Corporate Communication Contacts

Global Head - External Communications

Ajay Davessar
HCL Technologies Ltd.
Tel: +91-120-438 2800/ 244 1259
Email: Ajay.Davessar@hcl.com

US Contact:

Meenakshi Benjwal
Email: meenakshi.benjwal@hcl.com

Europe Contact:

Elka Ghudial
HCL Technologies Ltd.
Tel: +44 7973 567 131
Email: elka.ghudial@hcl.com

APAC & Asia Contact:

Samrat Banerjee
HCL Technologies
Tel.: +61 2 8081 5852
Mobile: +61 478 685 376
Email: samrat.banerjee@hcl.com

Corporate & India Contact:

Zulfia Nafees
HCL Technologies
Tel (Direct): +91-120-4382800
Mob: +91-9810495138
Email: zulfian@hcl.com