Bangalore, India and Rosemont, IL – 25 July 2006: Wipro Technologies, the global IT Services arm of Wipro Limited [NYSE:WIT] and Motorola, Inc. [NYSE: MOT], a global leader in wireless communications, today announced the formation of a joint venture to deliver world-class capabilities in managed services to public and private network customers. The joint venture, named WMNetServ, will deliver outsourced telecom services to help customers focus on their core business and gain access to capabilities not available internally.

WMNetServ is a strategic move for both companies that demonstrates a commitment to investing in services and offering new business opportunities to meet the changing needs of customers. Motorola’s managed services portfolio helps customers reduce and control costs by taking advantage of Motorola’s capabilities in out-tasking, build-operate-transfer, and total outsourcing. By combining Motorola’s portfolio with Wipro’s resources and expertise, WMNetServ will deliver and manage services in planning, deployment, optimization, security, operations and support.

“Wipro has a proven track record in delivering managed services and complements Motorola’s expertise in mobility,” said Srikanth Kannankote, corporate vice president, Motorola. “The combined strength of Wipro and Motorola gives WMNetServ a significant competitive advantage in managed services. Customers can reap the benefits of two industry leaders delivering managed services that are innovative, high-quality and offer global capabilities in a converging marketplace.”

“WMNetServ enables customers to benefit from Motorola’s leadership position in wireless technology and services, and leverage Wipro’s global delivery model and two decades of experience in telecom outsourcing to offer scalable operations and cost-effective implementations of turnkey solutions,” said Dr. A L Rao, chief operating officer, Wipro Limited. “Customers now have a dependable and long-term partner that is backed by two global companies to outsource and manage their network operations.”

WMNetServ will host a Global Network Operation Center (GNOC) platform that will integrate seamlessly with Motorola’s existing NOCs in North America and Europe to provide 24/7 network monitoring capabilities to customers. WMNetServ’s primary delivery center, including the GNOC will be based in India. Headquarters and a regional subsidiary for the joint venture will reside in Europe. WMNetServ will be led by a Wipro representative while the Board of Directors will have representation from Wipro and Motorola senior management.

According to Mercer Management Consulting, the global managed & advisory services market is expected to almost double during the next four years, reaching $48 Billion by 2010, from $26 Billion in 2005. This growth reflects an industry-wide shift from the traditional use of in-house teams to manage network operations and maintenance to more flexible, managed services models that allow operators to better focus on critical business functions, while upgrading to next-generation capabilities.

About Wipro


Wipro Technologies is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro is the largest product engineering provider in world and provide comprehensive research and development (R&D) 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, and www.wipro.co.in

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, re duced 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.co.in.

About Motorola

Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $35.3 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com

Wipro Media and Investor Relations Contacts:
India
Sanjeeth Boloor
Wipro Technologies
Mobile: +91-9845294767
sanjeeth.boloor@wipro.com

Jatin Dalal
Wipro Limited
Mobile +91-9845085916
jatin.dalal@wipro.com

Motorola Media and Industry Analyst Contacts:
Amit Chaudhery
Motorola India
Office: +91-1242303212
Mobile: +91-9811703501
amitchaudhery@motorola.com

Kathy Wiesner
Networks & Enterprise
Office: +1 847.632.6021
Mobile: +1 847.875.0166
k.wiesner@motorola.com