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Wipro bags SAP® Pinnacle Award for Software Solution Leadership
   
 
Global Partner Award Recognizes SAP Partnership that Made Exemplary Contributions to the SAP Community and Ecosystem 2006
Bangalore, May 16, 2007

Wipro Technologies, the global IT services business of Wipro Limited today announced that it has bagged the SAP® Pinnacle Award in the area of Software Solution Leadership. SAP Pinnacle Awards are granted to leading SAP partners that have excelled in developing their partnership with SAP and mutual business by providing high-quality products, solutions and services to customers. Winners were selected based on nominations received from partners and SAP employees. Wipro received the award at a special awards ceremony held on the eve of SAPPHIRE® Vienna, SAP's international customer conference that was held from May 14 – 16.

Accepting this award Sangita Singh, Senior Vice President EAS, Wipro Technologies said "This award is testimony to the commitment Wipro has for co-innovating in building solutions and incubating competencies on SAP's technology platform. Wipro will continue to stay focused on building competencies around New Dimension Products."

Wipro has been actively involved in evangelizing SAP's platform and has been working with its clients in defining their enterprise SOA (eSOA) roadmaps. Wipro is also actively involved in developing the SAP ecosystem through its participation in SAP communities such as the SAP Enterprise Services Community, the SAP Developer Network (SDN), the Business Process Experts (BPX) Community and Industry Value Networks.

"SAP commends this year's winners of the SAP Pinnacle Awards, who have excelled in their partnership with SAP and extended the value of SAP applications and services to our joint customers," said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. "SAP has one of the most extensive global ecosystems in the software industry. We recognize this year's award recipients for the tremendous value they have delivered to the SAP community and ecosystem during the past year. By working with partners such as Wipro, SAP is continuing to drive co-innovation and provide further value for our worldwide customer base."

SAP, SAPPHIRE and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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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