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Wipro wins Verizon's 2006 Supplier Excellence Award
   
 
The Award Recognizes Wipro's outstanding efforts in helping Verizon build solutions to enhance customer service
Bangalore, India, July 23, 2007

Wipro Technologies, the global IT services arm of Wipro Limited today announced that they have won a coveted "Verizon's 2006 Supplier Excellence Award" for the year 2006 from Verizon Communications, a leading provider of advanced communications and information technology (IT) solutions. The annual award recognizes Verizon's top suppliers that have helped the communications leader provide exceptional service to its customers.

Verizon selected Wipro as a winner of the prestigious 2006 Supplier Excellence Award in the Strategic Partner category, recognizing Wipro's outstanding effort and achievement in demonstrating performance excellence. Wipro received the award at a grand function on May 21st in New Jersey, USA.

Wipro is strategically engaged across various business units of Verizon in delivering integrated & innovative technology & business process solutions covering IT and product engineering.

Sanjay Gupta, Senior vice president, Telecom Solutions, Wipro Technologies said, "This award is a testimony to our commitment in supporting Verizon. Verizon can rely on Wipro as a key partner as we will bring to bear our entire breadth of expertise in IT, customer care, infrastructure, product engineering and back office services".

Wipro is the largest third party engineering services organization. Wipro offers innovative solutions across the telecom value chain including products, network and IT. The offering spans across the product life cycle - product strategy, design and development, sustenance and support. Network offerings cover network design, managed services and IT solutions including OSS/BSS, ADM, enterprise applications, IT infrastructure services and BPO. Wipro has also built solutions around next generation application like IPTV, MobileTV and service enablers like IMS & SDP.

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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