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Wipro and EMC Announce Global Strategic Information Infrastructure Alliance
   
 
Includes Joint Go-To-Market and Delivery of Solutions for Storage Management, Information Management, Content Management and Information Security to Expand Reach in $60B Worldwide Information Infrastructure Market
Bangalore, June 13, 2007

Wipro Limited and EMC Corporation today announce a global strategic alliance to address customers' information infrastructure requirements, while expanding Wipro's and EMC's reach in the $60 billion worldwide information infrastructure market.

The alliance unites Wipro's applied innovation framework for developing new solutions and services around EMC's industry-leading information infrastructure technologies to enable more organizations, specifically in targeted growth markets, to optimize their infrastructures, secure and protect their information, and leverage their information to unlock its full potential. Wipro and EMC intend to explore collaboration of industry and application specific solutions in key business areas that solve customer needs related to storage management, information management, content management, and information security.

Wipro and EMC bring together extensive experience and presence to expand relationships with existing customers and acquire new ones in both emerging and developed markets. To further enable this alliance, EMC intends to help certify more than 1,000 Wipro practice resources on EMC technologies to support pre-sales, delivery, and solution development

Commenting on this strategic alliance, Suresh Vaswani, President, Wipro Technologies said, "The alliance with EMC is part of Wipro's Applied Innovation initiative that includes new ideas that will deliver significantly higher value and business results to our global customers.

This alliance is significant for us as it showcases our agility and flexibility to transform our business to meet changing customer requirements."

Sanjay Mirchandani, EMC's Senior Vice President of Emerging Markets and International Development, said, "Customers' IT environments are getting more complex. All around the world we are seeing a growing eagerness for organizations to embrace and enter the global market, leading to large government and business investments on upgrades, digitization and associated information infrastructure technology. Wipro is one of the world's fastest-growing services companies, and together Wipro and EMC can harness each other's strengths to meet this expanding demand for world-class information infrastructure offerings."

About EMC
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at www.EMC.com.

About Wipro
Wipro Technologies, a division of Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization 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

Media Contacts:
India:
Sanjeeth Boloor
Wipro Technologies
+91- 9845294767
sanjeeth.boloor@wipro.com

Subramaniam
Gutenberg PR
+91 9945688111
subra@gutenbergpr.com

Ranjani S Roy,
Gutenberg Communications,
+91 9886377941,
ranjani@gutenbergpr.com

Sunanda Sanganeria,
Gutenberg Communications,
+91 9811553623,
sunanda@gutenbergpr.com

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

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