Press Release

HCL Customer Standard Parking Wins Oracle's 'Empower the Green Enterprise' Award

Streamlined HCL Implementation Will Save 624 Tons of Trees, 5.1 Million Gallons of Water, 600,000 Pounds of Waste and Almost 19,000 Pounds of Air Emissions
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Posted 25 September 2008 @ 09:47 am ET

SUNNYVALE, CA -- (Marketwire) -- 09/25/08 -- HCL Technologies Ltd., India's leading globalIT services provider, today announced its customer, Standard ParkingCorporation, was named a winner of Oracle's 'Empower the Green Enterprise'award during Oracle OpenWorld 2008 (September 21-25) in San Francisco.

"HCL Technologies is proud of Standard Parking for their significantachievement," said Shami Khorana, President, HCL America. "Our domainknowledge of Oracle® Applications, superior service, and experience instreamlining business processes for our customers to meet theirenvironmental needs, are unmatched. We are pleased that Oracle chose tohonor Standard Parking with their green enterprise award."

Oracle selected winners based on how they were increasing eco-efficiency,eco-innovation and eco-transparency. Standard Parking was recognized forits streamlined HCL implementation of Oracle Financial Management, OracleService Contracts and Oracle Advanced Procurement. When the new automatedProcure-to-Pay process is rolled out in 2009, it is estimated that StandardParking will reduce its consumption of paper by 200,000 to 400,000 piecesof paper a year. Similarly, when fully implemented, the planned newelectronic billing and payment methods for Standard Parking's monthlyparking customers (approximately 1,200,000 bills annually) could reduce thecompany's yearly consumption by up to 312 tons of paper, saving 624 tons oftrees, 5.1 million gallons of water, over 600,000 pounds of solid waste andalmost 19,000 pounds of air emissions.

"We're committed to improving our business processes in as eco-friendlyfashion as possible, and are pleased with the significant positive impactthat these changes will have from an ecological standpoint," said Keith B.Evans, Standard Parking's Senior Vice President of Strategy, Informationand Technology. "This is a win-win for both our company and theenvironment."

"As part of our ongoing commitment to developing practices and productsthat help protect the environment, we are pleased to recognize StandardParking and its implementation partner HCL Technologies as a winner of theOracle 'Empower the Green Enterprise' award," said Evelyn Neumayr, VicePresident Marketing, Applications and Industries, Oracle. "Thisimplementation is a prime example of how a company can dramatically reduceits carbon footprint, as well as gain efficiencies and reduce costs."

The award from Oracle is the latest in a growing dossier of awards andrecognitions for HCL Technologies and its customers. This list includesthe following for HCL:

-- BusinessWeek's InfoTech 100 2008, a compilation of the best-performing tech companies in the world-- 2008 Global Services 100, a list of the top global services providers across 17 countries cover a range of services across IT and BPO, including IT application services, infrastructure, FAO, HRO and contact centers-- Top 10 Best Performing Infrastructure Service Provider by Global Services Magazine, in recognition of HCL's industry-leading achievements in Remote Infrastructure Management (RIM)-- The ComputerWorld Honors Program 2008 recognized two of HCL's customers for their outstanding IT innovation. Merck & Company and Teradyne Inc. were both named as Laureates, while Teradyne was also recognized as a Finalist in its award category.

About HCL Technologies

HCL Technologies is one of India's leading global IT Services companies,providing software-led IT solutions, remote infrastructure managementservices and BPO. Having made a foray into the global IT landscape in 1999after its IPO, HCL Technologies focuses on Transformational Outsourcing,working with clients in areas that impact and re-define the core of theirbusiness. The company leverages an extensive global offshore infrastructureand its global network of offices in 16 countries to deliver solutionsacross select verticals including Financial Services, Retail & Consumer,Life Sciences Aerospace, Automotive, Semiconductors, Telecom and MPE (MediaPublishing & Entertainment). For the year ended 30th June 2008, HCLTechnologies, along with its subsidiaries had revenues of US$ 1.9 billion(Rs. 7,639crore) and employed 50,741 professionals. For more information,please visit www.hcltech.com

About HCL Enterprise

HCL Enterprise is a leading Global Technology and IT enterprise thatcomprises two companies listed in India -- HCL Technologies & HCLInfosystems. The 3-decade-old enterprise, founded in 1976, is one ofIndia's original IT garage start-ups. Its range of offerings span ProductEngineering, Technology and Application Services, BPO, InfrastructureServices, IT Hardware, Systems Integration, and distribution of ICTproducts. The HCL team comprises approximately 44,000 professionals ofdiverse nationalities, who operate from 16 countries including 300 pointsof presence in India. HCL has global partnerships with several leadingFortune 1000 firms, including leading IT and Technology firms. For moreinformation, please visit www.hcl.in

Forward-looking Statements

Certain statements in this release are forward-looking statements, whichinvolve a number of risks, uncertainties, assumptions and other factorsthat could cause actual results to differ materially from those in suchforward-looking statements. All statements, other than statements ofhistorical fact are statements that could be deemed forward-lookingstatements, including but not limited to the statements containing thewords 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,''anticipates,' 'hopes' or other similar words. The risks and uncertaintiesrelating to these statements include, but are not limited to, risks anduncertainties regarding impact of pending regulatory proceedings,fluctuations in earnings, our ability to manage growth, intense competitionin IT services, Business Process Outsourcing and consulting servicesincluding those factors which may affect our cost advantage, wage increasesin India, customer acceptances of our services, products and feestructures, our ability to attract and retain highly skilled professionals,our ability to integrate acquired assets in a cost effective and timelymanner, time and cost overruns on fixed-price, fixed-time frame contracts,client concentration, restrictions on immigration, our ability to manageour international operations, reduced demand for technology in our keyfocus areas, disruptions in telecommunication networks, our ability tosuccessfully complete and integrate potential acquisitions, the success ofour brand development efforts, liability for damages on our servicecontracts, the success of the companies / entities in which we have madestrategic investments, withdrawal of governmental fiscal incentives,political instability, legal restrictions on raising capital or acquiringcompanies outside India, and unauthorized use of our intellectual property,other risks, uncertainties and general economic conditions affecting ourindustry. There can be no assurance that the forward-looking statementsmade herein will prove to be accurate, and issuance of such forward-lookingstatements should not be regarded as a representation by the Company, orany other person, that the objective and plans of the Company will beachieved. All forward-looking statements made herein are based oninformation presently available to the management of the Company and theCompany does not undertake to update any forward-looking statement that maybe made from time to time by or on behalf of the Company.

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For details, contact:HCL TechnologiesKirsten ParagonaPhone: +1 978 356 3342E-mail: Email ContactCitigate CunninghamSandy GeorgePhone: +1 617 374 4210E-mail: Email Contact


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