Dex One and HCL Technologies to Optimize Digital Platform Development
Partnership Will Accelerate Digital Solutions for Customers and
Reduce Costs
CARY, N.C.--(BUSINESS WIRE)--
Dex One Corporation (NYSE: DEXO), a leading marketing solutions
provider, today announced plans to energize its digital operations and
optimize the development of digital solutions by partnering with HCL
Technologies, a leading global information technology (IT) service
provider. The initiative is part of Dex One's strategic plan to
accelerate delivery of new digital offerings while reducing operational
costs.
Dex One will add significant technical expertise and capacity to its
product engineering and development teams. The company will strengthen
its IT footprint, IT help desk support and quality assurance, and will
increase flexibility for future IT growth across mobile and online
platforms, including iOS, Android development, cloud-based device
testing, Web 2.0 and data warehousing and business intelligence. Dex One
and HCL will also develop and integrate new mobile, video and social
media channels to further enhance marketing strategies for local
businesses.
"By selecting HCL Technologies, we gain solid engineering expertise that
complements our Santa Monica, Calif. and Denver digital product
development teams. This powerful combination of people and processes
will reduce development cycle times and accelerate delivery of new
digital solutions to our customers," said Atish Banerjea, Dex One senior
vice president and chief technology officer. "Beyond the operational
benefits, this partnership reduces our costs and is part of the
company's larger effort to record $140 million in cost savings in 2011."
"Our engagement with Dex One is a strategic opportunity for us to work
collaboratively with Dex One's product engineering and IT teams,
leveraging our world-class media, publishing and entertainment expertise
to jointly create Dex One's next generation digital products and
services in social networking and collaboration space," said Karan Puri,
Executive Vice President, Consumer Services for HCL Technologies.
Dex One will realign its IT operations to integrate and partner with HCL
for a number of IT services, which will be supported by HCL locations in
Cary, N.C. and India.
About Dex One Corporation
Dex One Corporation (NYSE: DEXO) is a leading marketing solutions
provider helping local businesses and their customers connect wherever
and whenever they choose to search. Building on its heritage of
delivering print-based solutions, the company provides integrated
products and services to help its clients establish their digital
presence and generate leads. Dex One's locally based marketing experts
offer a broad network of local marketing solutions including online,
mobile and print search solutions, such as DexKnows.com. For more
information, visit www.DexOne.com.
About HCL Technologies
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 outsourcing', 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 BPO. HCL leverages its
extensive global offshore infrastructure and network of offices in 26
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 ‘Employee First' which empowers our 73,420 transformers to
create a real value for the customers. HCL Technologies, along with its
subsidiaries, had consolidated revenues of US$ 3.3 billion (Rs. 15,160
crores), as on 31 March 2011 (on LTM basis). For more information,
please visit www.hcltech.com.
Certain statements contained in this press release regarding Dex One
Corporation's and HCL Technologies' future operating results or
performance or business plans or prospects and any other statements not
constituting historical fact are "forward-looking statements" subject to
the safe harbor created by the Private Securities Litigation Reform Act
of 1995. All forward-looking statements reflect only Dex One's and
HCL's, as appropriate, current beliefs and assumptions with respect to
future business plans, prospects, decisions and results, and are based
on information currently available to Dex One and HCL. Accordingly, the
statements are subject to significant risks, uncertainties and
contingencies, which could cause Dex One's or HCL's actual operating
results, performance or business plans or prospects to differ materially
from those expressed in, or implied by, these statements.

Media Contacts:
Dex One
Chris Hardman, 303-784-1351
chris.hardman@dexone.com
or
HCL
Technologies
Avena Suri, 408-594-5237
avena.suri@hcl.com
or
ThinkMedia
PARTNERS for HCL
Tim Hurley, 978-740-1013
thurley@thinkmediapartners.com
or
Investor
Contact:
Dex One
Jamie Andelman, 800-497-6329
invest@dexone.com
Source: Dex One Corporation
News Provided by Acquire Media
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