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Wipro BPO Receives 'highest average rating’ by IDC in Competitive Analysis Report on BPO Players in India for 2009
 
Report states that the IT Major has been instrumental in defining the next-generation BPO services
Bangalore, India, April 16, 2009

Wipro Technologies, the global IT services business of Wipro Limited (NYSE: WIT), announced that its Business Process Outsourcing division, Wipro BPO has received the 'highest average rating’ among Indian service providers (SP’s) from IDC for providing value-added business process redesign and management.

Wipro BPO was amongst the top five Indian vendors evaluated for the reports, which focused specifically on offshore BPO companies in India, with an IT services legacy that has made a strategic entrance into the BPO market.

This is being demonstrated in the deal with Origin Energy, wherein the company is partnering with Wipro in process transformation to ensure that its retail capability continues to deliver excellence in product development, sales, marketing, and service to its more than three million customer accounts across Australia.

"We have always aimed at bringing creative solutions to clients, and have built teams with sophisticated methods and processes of its own. The report has demonstrated our ability to define winning value propositions and engage at all levels within an organization," said Ashutosh Vaidya, Head, Wipro BPO. "We believe this recognition validates our strategy and the significant investments we have made to add measurable business value to our clients," he added.

The study also emphasizes that the potential future leadership position among BPO SPs in India, currently sits with Wipro as it has demonstrated leadership in several criteria like business process redesign, ability to gain market share, operational efficiency and global service delivery capabilities and in developing and introducing new client engagement models. IDC reports that Wipro has been instrumental in defining what the next-generation BPO services will be about.

About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. 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 a 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

All other product and service names mentioned are the trademarks of their respective companies.

Media Contacts:
India
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com

Purvika Anand
Gutenberg Communications
+91 9901134441
purvika@gutenbergpr.com

US
Lavanya DJ
Gutenberg PR
+ (212).239.8740
lavanya@gutenbergpr.com

Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com

UK
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com

Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.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.in

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