BANGALORE, NEW YORK and LONDON, July 15 -- Infosys today announced that Gartner,
Inc. has positioned Finacle(TM) core banking solution in the Leaders Quadrant of
the recently released ’Magic Quadrant for International Retail Core
Banking (IRCB)’ report. (1)

The Gartner Magic Quadrant IRCB report Assesses the suitability of core banking
system providers and their product offerings to address the impact of these and
other trends in the IRCB market.

As per Gartner, Leaders are vendors that possess a strong banking market
understanding, have a measurable strategy for disaggregating core banking
software functionality into component based constructs, exhibit highly developed
and certified development and delivery of quality methodologies or are executing
on a strategic road map to attain certification. Some higher-rated vendors share
conspicuous operational organization approaches that are relevant to the
business and show a clear willingness to own and be accountable for a successful
customer experience.

Haragopal M, Global Head - Finacle, Infosys Technologies Ltd., said, We believe
our position in the Leaders quadrant is testimony to our strong commitment to
the retail banking industry. Our end-to-end transformational approach, strong
focus on process and quality methodologies, and comprehensive product
functionality enable banks to achieve their future development and growth
strategies. Leading banks across the world have chosen Finacle to fuel their
business transformation initiatives and we believe this report by Gartner
further reiterates our differentiating strengths.

Magic Quadrants depict markets using a two dimensional matrix that evaluates
vendors based on their completeness of vision and ability to execute. The
evaluation began with 39 candidates for the IRCB Magic Quadrant for 2009 and
resulted in a qualified group of 23 combinations of vendors and products that
represent the major movers in retail core banking systems.

As a leader in banking transformation, Finacle(TM) has a global footprint
across 62 countries and has been acknowledged among the leaders in the core
banking solution space by top analysts. Finacle(TM) is also the winner of a
series of awards for its innovation and implementation capabilities, the most
notable ones being The Banker Technology Award, The Asian Banker IT
Implementation Award and The Banking Technology Judge’s Special Award for
’Innovative Use of IT’.

(1) Gartner, Inc. Magic Quadrant for International Retail Core Banking by Don
Free, July 8, 2009

About the Magic Quadrant

Disclaimer for any mention:

The Gartner Magic Quadrant is copyrighted 2009 by Gartner, Inc., and is reused
with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner’s
analysis of how certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the Leaders quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.

About Finacle(TM) Universal Banking Solution

Finacle(TM) from Infosys helps banks win in the flat world by providing
solutions and services that enable a shift in their strategic and operational
priorities. The offerings address the comprehensive technology-led business
transformation requirements of retail, corporate and universal banks worldwide
by maximizing their opportunities for growth, while minimizing the risks that
come with such large scale transformation. For more information, visit

About Infosys Technologies Ltd

Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business
solutions that help Global 2000 companies win in a flat world. These solutions
focus on providing strategic differentiation and operational superiority to
clients. With Infosys, clients are assured of a transparent business partner,
world-class processes, speed of execution and the power to stretch their IT
budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys
has over 104,000 employees in over 50 offices worldwide. Infosys is part of the
NASDAQ-100 Index and The Global Dow. For more information, visit

Infosys Technologies Ltd - Safe Harbor

Statements in connection with this release may include forward-looking
statements within the meaning of US Securities laws intended to qualify for the
safe harbor under the Private Securities Litigation Reform Act. These
forward-looking statements are subject to risks and uncertainties including
those described in our SEC filings available at including our Annual
Report on Form 20-F for the year ended March 31 2009 and our other recent
filings, and actual results may differ materially from those projected by
forward-looking statements. We may make additional written and oral
forward-looking statements but do not undertake, and disclaim any obligation, to
update them.

For more information please contact: Infosys Press Office - Bangalore Sujeet
Pramanik Infosys Technologies Limited +91-80-4105-7551 Infosys Press Office - New York Daylan Burlison
Infosys Technologies Ltd +1-510-565-8558 Infosys
Press Office - London Shamima Begum Golin Harris +44(0)20-7067-0469

SOURCE: Infosys Technologies Ltd.

For more information please contact: Infosys Press Office - Bangalore, Sujeet
Pramanik, Infosys Technologies Limited, +91-80-4105-7551,; Infosys Press Office - New York, Daylan Burlison,
Infosys Technologies Ltd, +1-510-565-8558,; Infosys
Press Office - London, Shamima Begum, Golin Harris, +44(0)20-7067-0469,