Nominations now open
Bangalore, India, July 31, 2007
Wipro Technologies, the global IT services business of Wipro Limited today announced the institution of the "Applied Innovation Awards for Business Excellence’ – a global innovation award in partnership with the International Association of Outsourcing Professionals (IAOP) and Information Technology Association of America (ITAA).

The Applied Innovation Awards seek to recognize innovations that infuse newer ideas and newer ways of doing things into all parts of the organization, and improve business outcomes, often without major disruptive change. The Innovations should have been matured in an environment of collaboration such as co-innovations, global sourcing or business transformation.

Michael Corbett, Chairman, IAOP said, "This prestigious award program will reward and recognize innovative outsourcing outcomes by global companies and individuals. As the leading association dedicated to helping organizations optimize outsourcing and increase their outsourcing success rates, the International Association of Outsourcing Professionals is pleased to be partnering with Wipro and ITAA on this award program."

Phil Bond, CEO, ITAA said, "As ITAA works to advance an agenda for innovation at the grassroots, national and global levels, we believe it’s important to recognize the real innovators. This is about the game changers, the leaders who have harnessed the power of collaboration and global delivery to benefit their customers, investors and the American economy."

Jessie Paul, Chief Marketing Officer, Wipro Technologies said, "We believe competitive advantage is achieved by a business model that encourages innovation combined with rigorous processes. This award is our effort to show their application of innovative technology drives business growth. With this Award, we hope to highlight practical examples of innovation in the business environment. We are pleased to have IAOP and ITAA partner with us in this quest to recognize and award innovation."

Honorees and finalists will be recognized in each of the following innovation categories:

1. Innovations (Organization)

• Process Innovation
• Business Innovation
• Delivery Model Innovation
• Service / Product Innovation

2. Innovator of the year (Individual)
Deadline for the nominations is 11:59 pm (EDT), Friday August 31, 2007

The independent jury will include members from IAOP, ITAA, Erehwon Innovation Consulting and other independent thought leaders and innovation experts.The awards are open only for end-user companies and vendors do not qualify to apply.

The winners will be announced at the "Wipro-Forbes Innovation Conference and Awards Night" on 23rd October 2007 in New York. Winning case studies will be featured on Applied Innovation site on Forbes.com and across the websites and other thought leadership channels of ITAA and IAOP.

Erehwon Innovation Consulting is the awards knowledge partner and will manage the nomination and application process, screening and short listing of finalists in collaboration with the jury. Forbes.com is the media partner for awards.

For more information on the award and to download the nomination form please visit www.wipro.com/ai/aiawards

About IAOP
The International Association of Outsourcing Professionals (IAOP) is the global, standard-setting organization and advocate for the outsourcing profession. Through professional and ethical standards, the Certified Outsourcing Professional (COP) Program, educational programs including The Outsourcing World Summit®, and recognitions such as The Outsourcing Hall of Fame and The Global Outsourcing 100, IAOP is advancing one of the 21st century’s most important new management fields - outsourcing. To learn more, visit www.outsourcingprofessional.org

About ITAA
The Information Technology Association of America (ITAA) provides global public policy, business networking, and national leadership to promote the continued rapid growth of the IT industry. ITAA consists of over 325 corporate members throughout the U.S. The Association plays the leading role in issues of IT industry concern including information security, taxes and finance policy, digital intellectual property protection, telecommunications competition, workforce and education, immigration, online privacy and consumer protection, government IT procurement, human resources and e-commerce policy. ITAA members range from the smallest IT start-ups to industry leaders in the Internet, software, IT services, digital content, systems integration, telecommunications, and enterprise solution fields. For more information visit www.itaa.org. ITAA is secretariat of the World Information Technology and Services Alliance, consisting of 70 IT trade associations around the world.

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