SOURCE: HCL Technologies

August 05, 2008 08:44 ET

HCL America Announces Plans to Open U.S. Delivery Center in North Carolina

Company Continues Its Long-Standing Commitment to Growing U.S. Operations

SUNNYVALE, CA--(Marketwire - August 5, 2008) - HCL America, Inc., a wholly owned subsidiary of HCL Technologies Ltd. ("HCL"), India's leading global IT services company, today announced it will open a U.S. delivery center in Wake County, North Carolina. The company will invest $3.2 million and hire more than 500 employees over the next five years, thanks in part to a state Job Development Investment Grant awarded to the company.

"HCL was one of the first Indian firms to open offices in the U.S., and we now have more than 3,000 employees here. The decision to open the North Carolina delivery center reflects our optimism about the U.S. economy and the continued importance of our U.S. clients to our business," stated Shami Khorana, president of HCL America. "The facility, with its specialist skills and proximity to our customers, will add significant value to our global delivery model. Through our delivery centers in Ireland, China, Poland and India, our customers will have a selection of locations from which we can provide on- and off-shore support to meet their individual requirements."

"These jobs are a good fit for our economy and critical to the families who will benefit from them," said North Carolina Governor Mike Easley. "We are working with education and workforce training programs to make sure we can deliver employees with IT skills to companies located anywhere in our state."

Khorana added, "We are grateful to Governor Easley and the government of North Carolina for their enthusiastic support and we look forward to expanding our employee roster with talented staff from North Carolina, helping to serve our growing U.S. client base."

HCL selected North Carolina due to the state's skilled workforce, strong educational network and its proximity to its U.S. customer base. The delivery center will provide application development and maintenance, IT infrastructure management, English and Spanish Help Desk support, storage design and architecture services, SAP services, engineering services, and other consulting services for U.S. customers. The facility is scheduled to open by the end of 2008.

On August 1, 2008, HCL Technologies announced in its annual earnings that the U.S. geography continues to grow consistently, reporting sales of more than $300 million the last quarter. In addition, more than $1 billion in transformational outsourcing deals were signed during the year, with the majority of those deals originating in the U.S.

The U.S. center 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 and Ireland.

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 16 countries to deliver solutions across select verticals including Financial Services, Retail & Consumer, Life Sciences Aerospace, Automotive, Semiconductors, Telecom and MPE (Media Publishing & Entertainment). For the year ended 30th June 2008, HCL Technologies, along with its subsidiaries had revenues of US$ 1.9 billion (Rs. 7,639crore) and employed 50,741 professionals. For more information, please 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 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.

Contact Information

  • For details contact
    HCL Technologies
    Kirsten Paragona
    Phone: +1 978 356 3342
    E-mail: Email Contact

    Citigate Cunningham
    Sandy George
    Phone: +1 617 374 4210
    E-mail: Email Contact