Wipro Announces Recognition as a Lead Innovator and Contributor to SAP Developer Network

Business Wire, Nov 10, 2005

BANGALORE, India -- Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) has announced that its SAP NetWeaver Competence Group has been recognized by SAP Developer Network as a lead innovator and contributor to SAP NetWeaver(TM).

The SAP NetWeaver Competence Group is a center of excellence (CoE) at Wipro's Enterprise Application Services Group. Wipro's CoEs work on proactively developing point solutions, reusable frameworks, components, tools, accelerators and proof of concept for clients on emerging technologies. These CoEs help significantly improve technical competence, reduce development time and cost for customers.

The SAP Developer Network (SDN) (www.sdn.sap.com) is a vibrant online community for SAP developers, consultants and integrators and a forum for vendors and industry experts to contribute ideas, solutions and frameworks for making the NetWeaver a preferred enterprise applications platform.

Wipro also leads the individual contributor space on SDN by having three out of the top fifteen contributors across the globe on SDN.

"The SAP NetWeaver is a comprehensive integration and composition platform which helps customers leverage the benefits of alignment across people, information and processes. In line with Wipro's ideology of investing in building competencies and intellectual property in emerging technologies, we have chosen SAP NetWeaver as area of focus in the Enterprise Application space," said Ramakrishnan R, Vice President - Enterprise Applications Services, Wipro Technologies.

"The developer network community is a significant pillar in making SAP NetWeaver the platform of choice. As the single largest contributor to SDN, Wipro presents clear thought leadership and innovation. Its contribution benefits the ecosystem as a whole and helps customers realize the platform's full potential," said George Paolini, Executive Vice President, Platform Ecosystem-SAP.

About Wipro Technologies

Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance 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 ADS' 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.

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

About SAP Developer Network

The SAP Developer Network (SDN) is a vibrant online community for SAP developers, consultants, and integrators -- the premier meeting place for collaborating SAP experts. SDN members enjoy a robust collection of technical content on SAP topics, with special focus on the SAP NetWeaver(TM) technology platform and SAP xApps composite applications.

For more information, please visit our website at sdn.sap.com.

Forward-looking and cautionary statements

Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, 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, 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. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.