- Strengthens Infosys' creative digital capabilities across Australia     

    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced a definitive 
agreement to purchase assets and onboard employees of Carter Digital 
[https://carterdigital.com.au/], one of Australia's leading and award-winning 
experience design agencies. This asset takeover strengthens Infosys' global 
design and experience offerings, demonstrates its continued commitment in 
bringing innovative thinking, talent and creativity to its clients, and provide 
effective global digital solutions.

    Carter brings to Infosys, experts in human centered design, experiential, 
enhanced digital transformation, customer interaction expertise, and will also 
cement WONGDOODY, an Infosys brand, into the Australasian market.The agency is 
known for its holistic approach and 'people first, design later' mantra, 
delivering services to connect digital to physical experiences in the consumer, 
commerce, technical and corporate environments, backed with data analysis, 
analytics, and creative expertise, to drive compelling, purposeful outcomes. 

    With services that include business and creative strategy, research and 
insights, branded commerce and digital product development, user and customer 
experiences, interaction, experiential and creative design, consumer and 
product design, Carter delivers enriched, purpose-led experience for brands 
across arts, culture, education, tourism, events, start-ups and healthcare.

    Together with Infosys' earlier acquisition of WONGDOODY 
[https://www.infosys.com/newsroom/press-releases/2018/acquire-creative-consumer-
insight-agency.html] that offers creative and marketing services, Carter brings 
complementary capabilities to help global CMOs and businesses thrive in a 
digital commerce world.  As part of Infosys' global design and experience 
offering, Carter Digital will be rebranded as WONGDOODY and join its network of 
studios across Seattle, Los Angeles, New York, Providence, Houston, and London, 
as well as design hubs in five Indian cities.

    Andrew Groth, Senior Vice President and Region Head for Australia and New 
Zealand, said, "Australia is a strategic market for Infosys and the company has 
enjoyed strong and consistent growth serving marquee clients across a range of 
industries from telecom and financial services, to utilities and the public 
sector. As digital experience becomes a critical differentiator in most 
enterprise transformations, the addition of Carter's capabilities reaffirms our 
commitment to help clients navigate their digital priorities with a complete 
end-to-end offering."

    Ben Weiner, CEO, WONGDOODY, an Infosys company, added, "In Carter, we have 
found kindred spirits who align with the cultures of both WONGDOODY and 
Infosys. We are very excited to bring their capabilities to Infosys' clients in 
the market where the opportunity to add layers of digital strategy, customer 
experience, and design is significant and compelling. We are excited to welcome 
Carter Digital to the Infosys family"

    "Carrying the WONGDOODY flag into our region provides us the ability to 
turbo charge our delivery. This, along with the backing of Infosys, means we 
now have the instant depth and scalability to meet the growing needs and 
expectations of our current and future clients," said Paul Beardsell, Founder & 
Managing Director, Carter Digital.

    James Noble, Founder & Chief Creative Officer of Carter Digital added, 
"We're excited to be joining WONGDOODY, an Infosys company. Being a 
like-minded, internationally recognised human experience and brand engagement 
agency creates enormous opportunities for us in the Australasian market. This 
enable us to further our industry-leading work, connecting us to new 
capabilities, and enhancing our partner's success."

    This is an asset purchase and the transaction is expected to close during 
the fourth quarter of fiscal 2021, subject to customary closing conditions.

    About Carter Digital

    Putting people ahead of everything else, Carter delivers human-centric, 
data driven outcomes to transform the way customers interact with businesses, 
in a rapidly changing digital world. Delivering experiences to surprise and 
delight the people using them, they enable clients to exceed audience needs, 
grow market share and deepen engagements. Carter have achieved sustained 
success in a world where technology, expectations and adapts to meet customer 
behaviours. 

    Winner of numerous industry accolades and awards on behalf of their clients 
since 2010, is an acknowledgement of the consistent results Carter deliver.

    About WONGDOODY, an Infosys company

    WONGDOODY is an award-winning creative agency and the global 
experience-and-design platform for Infosys. The company is recognized for 
branding, retail, and consumer insights. With offices in Seattle, New York, Los 
Angeles, Providence, and across the globe; WONGDOODY clients have included 
Amazon, Honda, and a wide range of Fortune 500 companies.

    About Infosys

    Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in 46 countries to navigate their digital 
transformation. With nearly four decades of experience in managing the systems 
and workings of global enterprises, we expertly steer our clients through their 
digital journey. We do it by enabling the enterprise with an AI-powered core 
that helps prioritize the execution of change. We also empower the business 
with agile digital at scale to deliver unprecedented levels of performance and 
customer delight. Our always-on learning agenda drives their continuous 
improvement through building and transferring digital skills, expertise, and 
ideas from our innovation ecosystem.

    Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your 
enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects, 
financial expectations and plans for navigating the COVID-19 impact on our 
employees, clients and stakeholders are forward-looking statements intended to 
qualify for the 'safe harbor' under the Private Securities Litigation Reform 
Act of 1995, which involve a number of risks and uncertainties that could cause 
actual results to differ materially from those in such forward-looking 
statements. The risks and uncertainties relating to these statements include, 
but are not limited to, risks and uncertainties regarding COVID-19 and the 
effects of government and other measures seeking to contain its spread, risks 
related to an economic downturn or recession in India, the United States and 
other countries around the world, changes in political, business, and economic 
conditions, fluctuations in earnings, fluctuations in foreign exchange rates, 
our ability to manage growth, intense competition in IT services including 
those factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry and the outcome of pending litigation and government 
investigation. Additional risks that could affect our future operating results 
are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2020. These filings are available at www.sec.gov 
[https://www.sec.gov/]. Infosys may, from time to time, make additional written 
and oral forward-looking statements, including statements contained in the 
Company's filings with the Securities and Exchange Commission and our reports 
to shareholders. The Company does not undertake to update any forward-looking 
statements that may be made from time to time by or on behalf of the Company 
unless it is required by law.

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    Source: Infosys