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PRESS RELEASE
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MUMBAI, India, April 9, 2008 — Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS) a leading IT services, business solutions and outsourcing organization, today announced that it received the 2007 Eaton Premier Supplier Award for the Indirect Supplier for Information Technology Services category. Diversified industrial manufacturer Eaton Corporation honored 42 of its best suppliers at its third Supplier Awards Program on April 1 at the downtown Cleveland Marriott.
Richard D. Holder, vice president, Eaton Business System, said, “Of the thousands of Eaton suppliers around the world these are the best in terms of quality, productivity, innovation and technology.”
The award winners fall within one of three supplier categories: Direct, Indirect or Logistics. Direct Materials suppliers are those which provide goods used directly in the making of products (i.e., bearings, gaskets, seals, castings); Indirect Materials and Services suppliers provide goods used to make products or support the business (i.e., IT services, cutting fluid, maintenance repair, office supplies) and Logistics suppliers handle the transportation of goods inbound from the supplier and outbound to customers, as well as indirect package transportation.
Surya Kant, president of TCS’ North America operations stated, “TCS and Eaton have a long lasting relationship and one for which we are both proud of its accomplishments. By tapping into TCS’ Global Network Delivery Model™ integrated with its manufacturing business solutions to provide a level of certainty in the results we deliver for Eaton around the world, we have been able to increase efficiencies and time to market for this global diversified industrial manufacturer. We are very proud to receive this award and look forward to continuing this successful relationship.”
About Eaton Corporation
Eaton Corporation is a diversified industrial manufacturer with 2007 sales of $13.0 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 79,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India’s largest industrial conglomerate, TCS has over 108,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for the fiscal year ended 31 March, 2007 and is listed on National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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