HCL Technologies - CA Partnership

HCL Technologies Ltd (HCL) has announced that CA Inc.(NYSE:CA) and the Company on November 13, 2007 has announced an agreement to establish a strategic partnership in which HCL will assume all research and product development connected with CA threat management security business. CA will retain all sales and marketing functions.

The goal of the strategic partnership is to grow CA's threat management business by combining the strengths of both organizations. The Company and CA will achieve goal alignment and financial targets through revenue sharing. The annual revenue of CA's threat management security business is in excess of U.S. $100 million.

The partnership covers all threat management products, which include anti-virus, anti-spy ware, integrated threat manager (ITM), host-based intrusion prevention system (HIPS), secure content manager (SCM), internet security suite, anti-spam and firewall.

"HCL brings to the table over three decades of product engineering heritage and a track record of successful partnerships that have created value. This partnership benefits CA and HCL, and, most importantly, the customers who rely on CA's threat management security products to protect their systems and data," said Shiv Nadar, HCL's chairman and chief strategy officer.

HCL will be responsible for research, engineering, architecture, technical support, technical writing, and quality assurance. All affected employees outside of European Union countries will be offered employment with the Company. Within the EU countries, CA will start the consultation process with the affected employees.

CA's threat management products will continue to be sold exclusively under the CA brand and through several routes to market with a growing emphasis on channel partners.

The partnership is expected to become operational by year-end, following the signing of a definitive agreement.