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Wipro to open all new facility at Hyderabad for delivering Flexible Application SupporT Remotely (FAST-R)
 
FAST- R to help customers reduce IT spend and maximize ROI on the applications
Bangalore, December 12, 2008

Wipro Infotech, the India and Middle East IT Business of Wipro Ltd. and a leading provider of IT and business transformation services today announced that they have opened their new application support centre in Hyderabad. Located within city limits, the new centre is a 100 seat facility, scalable up to 300. Modelled on the lines of Wipro's GSMC in Mysore, this centre will be offering a new service FAST-R (Flexible Application SupporT - Remotely) to Wipro's customers in India. FAST-R is an innovative application management services offered remotely by Wipro.

In today's competitive market place, organizations are forced to minimize the IT spend and at the same time bring in business agility to support the need of the real-time or adaptive enterprise. Also, as the business need keeps changing with the market dynamics, customers are often faced with problems related to, process adherence, bringing in productivity enhancements and ensuring high uptime across their application footprint. Wipro's "FAST –R" helps its customers to meet all these challenges and maximize returns on their investments.

Mr. Sairaman Jagannathan, Vice President and Business Head, Business Solutions Division, Wipro Infotech said, "I am happy to announce the opening of our new centre and also the launch of our new service offering, FAST-R. This will enable customers to unlock their bandwidth from routine IT operational issues and help to focus on core business competency."

Wipro's FAST –R services ensure high availability of applications through deployment of best practices using proven tools, technology and processes. Outsourcing the complete or specific application maintenance functions to FAST-R provides the benefit of cost savings, while maximizing the Return on Investment (ROI). This is evidenced through improved productivity year-on-year and also the measurable business value that our customers have seen in their value chain. Wipro's FAST-R services span across ERP (SAP/People Soft/Oracle/), Dealer Management System, Home Grown Applications (Microsoft, Java & Oracle Technologies), Third party developed applications, BI & DW related applications, Legacy applications developed on Power Builder, Access, and Visual Basic.

About Wipro Infotech
Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro Limited
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs 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 , and www.wipro.in

Wipro's forward looking and cautionary statements
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 manageacquired 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.

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