Sunnyvale, CA– September 25, 2013 — HCL America Inc (HCLA), a fully owned subsidiary of leading global IT services company HCL Technologies Ltd., announced today that it has won a multi-year, multi-million dollar deal with the WyCAN Consortium, a group of states including Arizona, Colorado, North Dakota and Wyoming. HCLA will enable WyCAN to significantly improve services for its Unemployment Insurance (UI) modernisation program, which is one of the largest such programs in the US providing critical income to millions of unemployed Americans.
HCLA was selected through a highly competitive process where it demonstrated its unique and effective managed cloud-as-a-service solution called iGOVERN®. HCL’s solution expertise will be used to deliver and support WYCAN’s unemployment insurance (UI) tax and benefit systems and transform it into an integrated claimant and employer focused, self assisted service channel.
"Modernising our outdated technology systems is a necessary and critical step forward if we are to effectively deliver timely and reliable services to Colorado’s business community and those receiving unemployment benefits" said Ellen Golombek, Executive Director of the Colorado Department of Labor and Employment.
The deal will give the consortium states a configurable, intuitive Government-to-Citizen (G2C) system aimed at consolidating and replacing existing legacy systems to allow easier adaptation to changing legislation. This means superior services for the claimant, employers and UI staff by improving collaboration with other Department of Labor(DOL) agencies.
Kristin Russell, Secretary of Technology and Chief Information Officer for the State of Colorado, said, “The public sector is in the midst of a radical transformation in the way its business gets done and technology is playing a pivotal role in enabling this wave of change.”
“We are very excited to have been chosen by WyCAN and are looking forward to making a difference in the way government organizations are operating and helping them leverage new technology solutions to provide better services to its citizens,” said Todd Crandall, Executive Vice President of Public Services and Emerging Industries, HCL America.
HCLA’s vision for iGOVERN® Unemployment Insurance is grounded in the fundamental understanding of the critical role UI organizations play at the federal, state, and local economies. HCL’s iGOVERN® Unemployment Insurance Solution is a completely integrated UI tax, benefits and appeal cloud based, SaaS system that can be readily configured and customised to modernise the Unemployment Insurance Program of any state and/or consortium of states. Each of these modules can be deployed independently or as part of the full solution suite. For more about the solution, please visit - http://www.hcltech.com/government
About HCL America Inc.
HCL America Inc, a fully owned subsidiary of 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 operations’, 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 Business Services. HCL leverages its extensive global infrastructure and network of offices in 31 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employees First, Customers Second’ which empowers our 85,505 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of $4.6 billion, as on 30th June 2013(on LTM basis). For more information, please visit www.hcltech.com
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.