Wipro Technologies Releases 802.11 Station and Access Point Solution; To Demonstrate its Dual Mode 802.11 MAC at Networld + Interop Event, Atlanta

Business Wire, Sept 5, 2002

Business Editors

Networld Interop and COMDEX Atlanta 2002

BANGALORE, India & SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 5, 2002

Wipro Technologies a leading Wireless IP and design services provider and the global IT Services division of Wipro Limited (NYSE: WIT), today announced that it will demonstrate its dual mode 802.11 MAC at the Networld Interop Event being held at Atlanta, USA.

Wipro will demonstrate its highly optimized 802.11 MAC and Access Point solutions in the Wireless pavilion at the event.

Access Points act as interface between wireless and wired networks; it is connected to the Ethernet backbone on one side and it `talks' to the station on the other side. Wipro's 802.11 MAC solutions can easily be integrated by chip vendors to make both Station and Access Point solutions, as well as by device makers who intend to add Wireless LAN capabilities to broadband devices, residential gateways and consumer electronic devices.

The Networld Interop Atlanta 2002 event brings groundbreaking technologies and solutions in the field of Networking. "Our 802.11 MAC solution has a low gate count and is optimized for both access point and station thus providing significant cost savings for the customers" said Ramesh Emani, Chief Executive, Embedded and Access Solutions at Wipro Technologies. "Wipro will continue to invest in development of solutions and IP in the 802.11 space through early development of dual mode 802.11 a/g solution."

Using its 802.11 MAC IP, Wipro will be demonstrating wireless surfing of Internet at the Networld Interop event. Both Access Point and Station functionality of Wipro's 802.11 MAC will be demonstrated at the event.

Along with the 802.11 MAC, Wipro also has the 802.11a and b Baseband. Wipro provides a complete portfolio of Wireless LAN IPs. Wipro's portfolio of 802.11 IPs is supported by a wide spectrum of VLSI and System design as well as embedded software solutions that allows Wipro to offer customers a comprehensive, end-to-end solution.

About Wipro Limited

Wipro Limited is the first PCMM Level 5 and SEI CMM Level certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally.

In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations.

Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock exchange - Mumbai, and the National Stock Exchange, among others.

For more information, please visit our website at www.wipro.com.

Forward-looking and cautionary statements

Certain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, 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, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.