SOURCE: HCL Technologies

October 09, 2007 08:00 ET

HCL Technologies Named 2007 Sun Meritorious Performance Supplier

HCL Technologies Recognized for Delivering Superior Quality and Value in 17th Annual Sun Supplier Awards Program

SUNNYVALE, CA--(Marketwire - October 9, 2007) - HCL Technologies Ltd ("HCL") was named Meritorious Performance Supplier in Sun Microsystems' 2007 Supplier Awards program. The Supplier Awards recognize companies that make outstanding contributions to Sun's record of delivering superior technology, quality service and excellent value to its customers.

"We at HCL are delighted to receive Sun's Meritorious Performance Supplier Award. It recognizes the transformational value HCL delivers to Sun throughout the alliance in driving services and operational excellence," said Sandeep Kishore, Senior Vice President, Hi-Tech and Manufacturing at HCL Technologies. "We believe this relationship will grow and we will play a key role in powering Sun's business transformation through product and services growth."

The Best-in-Class Award evaluates the performance of all suppliers that delivered a similar product or service and recognizes the highest performer in that area. This award also considers suppliers that demonstrated significant improvement over the course of Sun's fiscal year. The Meritorious Performance Award recognizes suppliers that have shown exemplary performance in any specific area.

"Sun's direct-to-customer model means we rely heavily on the support and determination of our supply base," said Eugene McCabe, executive vice president of Worldwide Operations at Sun. "We congratulate the top suppliers that are helping us build a reputation for record on-time delivery, lead-time performance and superior support."

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 17 countries to deliver solutions across select verticals including Financial Services, Retail & Consumer, Life Sciences & Healthcare, Hi-Tech & Manufacturing, Aerospace and Automotive, Telecom and Media & Entertainment (M&E). For the year ended 30th June 2007, HCL Technologies, along with its subsidiaries, had revenues of US$ 1.4 billion (Rs. 6034 crores) and employed 42,000 professionals. For more information, please visit www.hcltech.com

About HCL Enterprise

HCL Enterprise is a leading Global Technology and IT enterprise that comprises two companies listed in India -- HCL Technologies Ltd & HCL Infosystems Ltd. 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 47,000 professionals of diverse nationalities, who operate from 17 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, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, 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, 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 and general economic conditions affecting our industry. 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.

Sun, Sun Microsystems and the Sun logo are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

Contact Information

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