Infosys Recognized in the ''Leader'' Quadrant in Offshore Applications Services Magic Quadrant

The report, titled "Magic Quadrant for Offshore ApplicationServices 2006,"(1) depicts Gartner's analysis of companies from aspecific technology or service market against criteria for thatmarketplace. The companies are evaluated by Gartner in terms ofcompleteness of vision and ability to execute.

"It is evident that offshore services and proof of a sound GDM areincreasingly necessary to deliver the cost benefits, skills andscalability of resources that clients demand," said KrisGopalakrishnan, Infosys' Chief Operating Officer and Deputy ManagingDirector. "I am happy to see Infosys being recognized as a leader inthis Offshore Application Services Magic Quadrant, the first time thatGartner has published one to focus on this area. This is an importantindicator for the mainstream acceptance of GDM by clients."

Kris said the majority of Infosys' revenue in the last 12 monthswas derived from GDM-based application services.

"We are expanding our GDM to new services, expanding our networkof global delivery locations, and investing in process innovation,methodologies and tools to meet the unique needs of our clients. WithInfosys Consulting, we are now able to extend our GDM capabilities tocombine with world-class business consulting capabilities."

According to Gartner, a service provider in the "Leaders" quadrantbroadly exhibits one or more of the following traits:

-- Demonstrates excellence in delivering services based on a GDM

-- Undertakes offshore-application-service engagements of considerable size and scale

-- Appears on long/shortlists and requests for proposals for offshore-application-service consideration, and wins a disproportionate share of those contracts

-- Uses offshore services to differentiate and as a key element in ongoing revenue growth across a broad base of application services

-- Allocates high levels of focus and investment to building brand awareness and "mind share" in offshore-application-service delivery

-- Successfully penetrates more than one key market, such as the U.S., the U.K. or Western Europe

-- Integrates sales/marketing efforts for offshore services

-- Demonstrates steady investment and a commitment to developing and promoting offshore application services (even during contentious periods of offshore adoption)

-- Promotes offshore services not only to its established client base, but to the broader market

-- Increasingly adopts a multi-country strategy (as opposed to a bilateral approach) for global delivery

About Infosys Global Delivery Model and New Services

During the last two years Infosys has expanded the scale andnumber of global delivery centers in India, China, and the CzechRepublic to a total of 37 worldwide. Infosys also has 15 deliverycenters in US, UK, Australia, and Japan near client locations as partof the GDM.

Infosys has more than 40 percent of revenues coming from newservices based on GDM, other than application development andmaintenance. These include package implementation, independentvalidation, infrastructure management, business process management andsystems integration.

Read more about the Infosys Global Delivery Model athttp://www.infosys.com/gdm/default.asp

About the Magic Quadrant

The Magic Quadrant for Offshore Applications Service is authoredand copyrighted by Gartner, Inc. and is reused with permission. TheMagic Quadrant is a graphical representation of a marketplace at andfor a specific time period. It depicts Gartner's analysis of howcertain vendors measure against criteria for that marketplace, asdefined by Gartner. Gartner does not endorse any vendor, product orservice depicted in the Magic Quadrant, and does not advise technologyusers to select only those vendors placed in the "Leaders" quadrant.The Magic Quadrant is intended solely as a research tool, and is notmeant to be a specific guide to action. Gartner disclaims allwarranties, express or implied, with respect to this research,including any warranties of merchantability or fitness for aparticular purpose.

(1) Gartner Research ""Magic Quadrant for Offshore ApplicationServices 2006," by Partha Iyengar, Frances Karamouzis, Ian Marriott,Allie Young -- February 2006

Note to Editors: The Magic Quadrant graphic was published byGartner, Inc. as part of a larger research note and should beevaluated in the context of the entire report.

About Infosys Technologies Ltd.

Infosys (Nasdaq:INFY) defines, designs and delivers IT-enabledbusiness solutions. These provide our clients with strategicdifferentiation and operational superiority, thereby increasing theircompetitiveness. Each solution we provide is delivered with theindustry-benchmark "Infosys Predictability" that gives our clientspeace of mind. With Infosys, they are assured of a transparentbusiness partner, business-IT alignment with flexibility, world-classprocesses, speed of execution and the power to stretch their IT budgetby leveraging the Global Delivery Model that Infosys pioneered.Infosys has over 49,000 employees in over 30 offices worldwide. Formore information, visit www.infosys.com.

Safe Harbor

This press release contains forward-looking statements within themeaning of Section 27A of the U.S. Securities Act of 1933 and Section21E of the U.S. Securities Exchange Act of 1934. These forward-lookingstatements are subject to a number of risks and uncertainties thatcould cause actual results to differ materially from those in suchforward-looking statements. The risks and uncertainties relating tothese statements include, but are not limited to, risks anduncertainties regarding the success of our investments, risks anduncertainties regarding fluctuations in earnings, our ability tomanage growth, intense competition in IT, business process outsourcingand consulting services including those factors which may affect ourcost advantage, wage increases in India, our ability to attract andretain highly skilled professionals, time and cost overruns onfixed-price, fixed-time frame contracts, client concentration,restrictions on immigration, industry segment concentration, ourability to manage our international operations, reduced demand fortechnology in our key focus areas, disruptions in telecommunicationnetworks or system failures, our ability to successfully complete andintegrate potential acquisitions, liability for damages on our servicecontracts, the success of the companies in which Infosys has madestrategic investments, withdrawal of governmental fiscal incentives,political instability and regional conflicts, legal restrictions onraising capital or acquiring companies outside India, and unauthorizeduse of our intellectual property and general economic conditionsaffecting our industry. Additional risks that could affect our futureoperating results are more fully described in our United StatesSecurities and Exchange Commission filings including our Annual Reporton Form 20-F for the fiscal year ended March 31, 2005 our report onForm 6-K for the quarterly period ended June 30, 2005 filed on July28, 2005 and our report on Form 6-K for the quarterly period endedSeptember 30, 2005 filed on October 21, 2005. These filings areavailable at www.sec.gov. We may, from time to time, make additionalwritten and oral forward-looking statements, including statementscontained in our filings with the Securities and Exchange Commissionand our reports to shareholders. We do not undertake to update anyforward-looking statements that may be made from time to time by or onbehalf of the Company.