04 April 2011

TCS to provide end-to-end ADM support to Air Liquide: Angel Broking,

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TCS to provide end-to-end ADM support to Air Liquide
TCS has signed a multi-million dollar contract to provide application development and
maintenance (ADM) services to Air Liquide USA LLC, a subsidiary of Air Liquide Group.
Leveraging its global delivery model, TCS will provide end-to-end ADM services to support
5,800 Air Liquide US LLC users 24x7, improving operational effectiveness and efficiency.
TCS will oversee day-to-day IT management through a managed services model and offer
immediate problem diagnosis and repair services for an added level of IT support. TCS will
also bring in application preventive maintenance as part of its service delivery model to
increase productivity and reduce repair costs by streamlining IT costs and enhancing
business performance. We maintain Accumulate on the stock with a target price of `1,287.

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