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HCL Technologies' CEO Vineet Nayar to Keynote at TIBCO NOW Online 2009

HCL Technologies Executive to Address Cloud Computing to More Than 1,500 Attendees at Inaugural Virtual Online Event Hosted by TIBCO

SUNNYVALE, CA -- (Marketwire) -- 06/02/09 -- HCL Technologies, a leading global IT services provider, today announced that Vineet Nayar, CEO, HCL Technologies, will deliver a keynote speech at TIBCO's NOW Online summit, on Wednesday, June 3, 2009. Nayar will discuss the growing importance of cloud computing services and articulate how HCL is helping companies achieve their business and technology goals faster and more efficiently.

Nayar's keynote, "Delivering on the Promise of Cloud Computing," will focus on how companies can effectively design and deliver enterprise IT services using the cloud computing model. Nayar will present his vision for cloud computing and how it will create new business impact in the coming years.

"Cloud-based enterprise services provide an opportunity to create new business models and should not be seen as just another technology; it is a shift in the way IT delivers business capabilities by both corporations and service providers," said Nayar. "Cloud computing is becoming an integral part of our customer's corporate business and IT strategies. HCL will continue to help customers and ISV partners deliver and implement new enterprise solutions creating significant business impact."

HCL helps numerous Global 2000 companies transform their IT architecture to be more directly aligned to business objectives for service-oriented architecture (SOA) and business process management (BPM) as well as in product engineering. HCL's Enterprise Transformation Services, Application and Infrastructure Management Services have been working with industry-specific solutions teams to advise, implement and operate business solutions enabled by IT.

"We are honored to have Vineet Nayar discuss his vision for cloud computing adoption and the increasingly critical role it will play in next generation IT infrastructures," said Marc Odenweller, vice president of worldwide channels and alliances at TIBCO.

For more information about NOW 2009, to register for the online summits, and to see the full schedule of online and on-location NOW events, please visit: http://now.tibco.com/

About HCL Technologies

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on 'transformational outsourcing,' underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 20 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Aerospace & Defense, Telecom, Retail & CPG, Life Sciences & Healthcare, Media & Entertainment, Travel, Transportation & Logistics, Automotive, Government, Energy & Utilities. HCL takes pride in its philosophy of 'Employee First' which empowers our 54,026 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.0 billion (Rs. 9,842 crores), as on 31st March 2009. For more information, please visit www.hcltech.com

About HCL

HCL is a $5 billion leading global Technology and IT Enterprise that comprises two companies listed in India -- HCL Technologies & HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups, a pioneer of modern computing, and a global transformational enterprise today. Its range of offerings spans Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products across a wide range of focused industry verticals. The HCL team comprises over 60,000 professionals of diverse nationalities, who operate from 23 countries including over 500 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.

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For details, contact

Kirsten Paragona
HCL Corporate US
[email protected]
(857) 350 5393

John Connolly
BluePoint Venture Marketing
[email protected]
(781) 861-7800

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