SOURCE: HCL Technologies

July 10, 2008 10:42 ET

HCL Technologies to Provide Engineering Services for Bergstrom's HVAC Products

Multi-Faceted, Multi-Year, Multi-Location Contract to Include Engineering Change Management, Value Engineering, Product Design and Analysis

SUNNYVALE, CA--(Marketwire - July 10, 2008) - HCL Technologies Ltd. ("HCL"), India's leading global IT services company, today announced it has been awarded a new multi-year, multi-location, multi-faceted contract with Bergstrom Inc., a global leader in the design and supply of climate systems to the commercial vehicle industry. Under the terms of this three-year contract, HCL will provide engineering change management, value engineering, next generation product design and computer aided engineering (CAE) analysis for Bergstrom's Heating, Ventilation and Air Conditioning (HVAC) products.

"Our partnership with Bergstrom demonstrates our deep engineering expertise specific to HVAC and mechanical systems," explained Sandeep Kishore, SVP and Head of Hi-Tech and Manufacturing at HCL Technologies. "Bergstrom was also looking to expand into new markets, including India, and our understanding of products required for the emerging markets like India and capabilities in designing cost-effective products was very helpful to them."

HCL will leverage its next-generation HVAC R&D Lab and Workshop in Bangalore, India, to provide Bergstrom with new features development for the company's existing product portfolio. The engagement will later expand to support next generation product design as well. Similar services will be provided to Bergstrom's UK operations.

"HCL's HVAC R&D Lab is a testament to the company's expertise and investment in this space," said Paul Von Driska, Vice President of Strategic Planning at Bergstrom. "By partnering with HCL, we now have a global team of dedicated and experienced engineering professionals allowing us to improve our time-to-market and ultimately furthering our competitive advantage," said John Bracey, Vice President of Engineering and New Product Development at Bergstrom.

About Bergstrom

Bergstrom Inc. is a global leader in the design and supply of climate systems to the commercial vehicle industry. Since 1949, Bergstrom has supplied many of the world's largest and most respected companies with their heating and air-conditioning needs. By combining progressive engineering talent, lean manufacturing principals and a global footprint, Bergstrom offers a unique blend of commercial vehicle marketplace focus and customer value. www.bergstrominc.com

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 (M&E). 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.

About HCL Enterprise

HCL Enterprise is a $4.8 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

    Kirsten Paragona
    HCL Technologies
    Email Contact
    +1 978 356 3342

    Susan Vander May
    Citigate Cunningham for HCL
    Email Contact
    +1 415 618 8721