Infosys and Wharton Award Entrepreneurs in Latin America

Mumbai: Infosys Technologies Ltd. (Nasdaq: INFY) and the Wharton School of the University of Pennsylvania today announced the winners of the Wharton Infosys Business Transformation Awards (WIBTA) 2005 for Latin America at the Wharton School's Global Alumni Forum in Santiago.

The WIBTA 'enterprise business transformation award' was presented to Chilean company Tecmédica for focusing on improving conditions for patients, health staff and administrators through an efficient use of IT.

The WIBTA 'technology change agent award' was presented Francisco Martínez of Mexico for being a role model among entrepreneurs in the high-tech industry.

The awards were jointly presented by Dr. Patrick Harker, dean of the Wharton School, and N R Narayana Murthy, chairman of the board and chief mentor, Infosys Technologies Limited.
Announcing winners for WIBTA 2005-Latin America,

Tecmédica is a Chilean private company with social orientation focusing on improving conditions for patients, health staff and administrators through an efficient use of IT. Efficiently using ASP technology, TecMédica aims to reduce inequality in access to and opportunities for healthcare services and the unequal distribution of resources.

Mexican entrepreneur Francisco Martínez is a role model in the high tech industry. In 2000, Martínez de Velasco, with an initial $10,000 investment formed BNC / Neology, a company that designs, manufactures and integrates RFID chips and read and write devices.. At the moment, BNC Neology is the only Mexican high tech company that exports to Japan, China and the U.S.

Speaking on the occasion Murthy said, "In today's economy, innovation has become the key driver of growth. It has helped businesses face up to an intensely competitive environment; businesses today outgrow their competitors by out-innovating them. It has also enabled them to achieve real productivity and efficiency in their business processes. WIBTA applauds these trendsetters who leverage technology to effect revolutionary change."

Commenting on the award, Dr. Patrick Harker, Dean of the Wharton School, said," Three years ago, the Wharton School joined with Infosys Technologies Limited to express our shared commitment to business innovation through the establishment of the Wharton-Infosys Business Transformation Awards. We continue to be proud of the partnership that sponsors these awards, and we are delighted to join in honoring the companies selected this year."

The WIBTA jury includes Wharton professor Harbir Singh, Edward H. Bowman professor of management and co-director of Wharton's Mack Centre for Technological Innovation; David Boyles, former COO of ANZ Banking Group; Esther Dyson, editor-at-large at CNET Networks; Michael Eskew, chairman and CEO, UPS; and Sir Paul Judge, director, Schroder Income Fund.