Wipro and Geometric announce Strategic Alliance Partnership to Provide Comprehensive IT Solutions to Industrial Markets

Business Wire, Nov 29, 2001

Business Editors & High Tech Writers

MUMBAI, India--(BUSINESS WIRE)--Nov. 29, 2001

Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), and Geometric Software Solutions Co. Ltd. (Geometric), a premium provider of product lifecycle management (PLM) solutions today announced a strategic alliance to provide end-to-end IT solutions to industrial markets in US, Europe, and Japan.

Geometric's strengths in CAD/CAM/CAE/PDM and collaborative engineering technologies and services complement Wipro's expertise in enterprise IT solutions, database management, systems integration, network integration, and telecommunications areas. The alliance will therefore, enable each company to provide a more complete solution to its existing customer base, as well as to approach new customers with a comprehensive range of manufacturing IT solutions.

Manu Parpia, Geometric's Managing Director, said, "This agreement is a part of Geometric's strategy to address broader markets through alliances. Working together, we can add value and provide better solutions to a larger customer base. We are also proud to be a part of an alliance we believe to be a first of its kind in the Indian software industry."

Devashish Ghosh, Wipro Technologies Vice President, added, "We look forward to work with Geometric in providing end-to-end solutions for our manufacturing customers, as well as to approach newer markets. Our focus will be to provide high quality IT services and solutions in an integrated manner across the entire manufacturing process chain."

About Geometric Software Solutions Co. Ltd.

Geometric Software Solutions Co. Ltd. (Geometric) is a specialist in product lifecycle management (PLM) solutions for mechanical design, manufacturing, and industrial markets worldwide. Its PLM solutions comprise component technologies, products and services in the areas of CAD (computer-aided design)/CAM (computer-aided manufacturing)/ CAE (computer-aided engineering) /PDM (product data management) and collaborative engineering. Geometric has business development, sales, and marketing headquarters in Nashua, NH, USA, sales offices in Germany, India, and Japan, and development centers in India. For more information about Geometric, visit the web at www.geometricsoftware.com. Geometric is traded in India on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

About Wipro

Wipro Limited is the first SEI CMM Level 5 certified IT Services Company operating in the global market. Wipro provides research and development services to telecommunications and electronic product companies and software solutions to global corporate enterprises.

In the Indian market, Wipro is a leading provider of IT solutions and services for the corporate segment offering system integration, network integration, and IT services. The company also has a profitable presence in niche market segments of consumer products and lighting. For more information about Wipro, visit www.wipro.com.