IT Major establishes dedicated engineering development center for NEC Electronics Bangalore, India, February 13, 2008
Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), today announced that it has been selected by NEC Electronics to provide semiconductor design services. Headquartered in Kawasaki Japan, NEC Electronics, one of the world's largest manufacturers of system-on-chip (SoC), microcontroller, and discrete semiconductor solutions.

The development center was inaugurated by President and CEO of NEC Electronics, Toshio Nakajima at Wipro's Electronics City facility in Bangalore. The development centre will provide front-end and back-end design services and IP to NEC Electronics for Application Specific Integrated Circuits (ASICs) and microcontrollers in the Digital Consumer and Automotive areas. Wipro will also work on various designs ranging from 150nm, 130nm up to 55nm.

"We are very excited to work with Wipro, a recognized leader in semiconductor design support services," said Toshio Nakajima, President and CEO, NEC Electronics. "Wipro thoroughly understands the requirements of global electronics industry, and has an excellent track record of delivering quality and winning solutions."

Sudip Nandy, President, Telecom and Product Engineering solutions, Wipro Technologies said, "We are delighted to be selected by NEC Electronics. As one of the largest semiconductor firms in the world, NEC Electronics has an exceptional understanding of the needs of the market. Wipro will leverage its vast VLSI experience, coupled with our in-house Design methodology - EagleWision, to deliver first time right designs to NEC Electronics."

As the world's largest independent 3rd party VLSI design Services provider, Wipro's team of more than two thousand engineers helps clients across Americas, Europe and Asia develop next generation electronic products for clients in the automotive, avionics, computing, Consumer, medical, industrial and telecom industries.

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