Bangalore, June 13, 2007:
Wipro Infotech, the India, Middle East and Asia Pacific IT Business of Wipro Ltd, today announced the tie-up with Apple Computer International Pvt Ltd to sell the entire range of Apple products in India.
With over 20 years of experience in selling a wide range of computers in the Indian market, Wipro Personal Computing Business will market the complete Apple range of products which includes the MacBook and MacBook Pro range of notebooks, Mac range of desktops including iMac, Mac mini and Mac Pro, Xserve servers & Xserve RAID storage products and the entire range of iPod digital players.
This tie-up will provide Apple with complete access to Wipro's robust marketing infrastructure built over two decades in the PC domain and will create newer opportunities for both the companies to address new and existing markets. Wipro's strong service & support network is wide spread across India with offices in 24 locations & its partner network covers more than 200 locations. Additionally, this is supported by strong service network presence in 174 locations across the country. Speaking on the occasion, Ashutosh Vaidya â€" Vice President, Personal Computing Division, Wipro Infotech said "We are extremely pleased to partner with Apple, which is well known for its innovative products and solutions. Coupled with Wipro's proven marketing and support infrastructure, this will offer the customers significantly higher value for their investments."
Wipro is creating a new specialized team to address the market for the Apple range of products. This new entity will address target customers in Enterprise and small & medium businesses (SMB) Segments.
About Wipro Infotech
Wipro Infotech, a division of the US$ 3.47 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Services, Solutions and Consulting Services in India, and provides Technology & Software Services and Consulting Services in the Middle East and ASEAN. It is the world's first Products, Services and Solutions Company to be certified, Enterprise wide at Level 5, Version 2.0 of PCMM. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It has business offices in the Middle East and Asia Pacific. Wipro Infotech is ranked No. 2 in Indian Domestic IT Services Market in 2005, according to IDC's report Indian IT Services Market Analysis 2005-10.
About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. 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. For more information, please visit our websites at
www.wipro.com,
www.wiprocorporate.com , and
www.wipro.in
Wipro's forward looking and cautionary statements
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 manageacquired 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.