Orlando, Florida, USA - May 19, 2010:
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), today announced that it has been awarded two 2010 SAP® Pinnacle Awards in the categories “IT Outsourcing Partner of the Year” and “Run SAP Partner of the Year”. SAP Pinnacle Awards are granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on over 230 nominations in 27 categories received from partners and SAP employees. Wipro received the award at a special awards ceremony held on the eve of SAPPHIRE® NOW, SAP’s international customer conference being held in Orlando through May 19.
Upon accepting these awards, Sangita Singh, Senior Vice President, Enterprise Application Services, Wipro Technologies, said: “This recognition brings into spotlight, our commitment to driving operational transformation for our customers. Wipro has been at the forefront of innovation and we have made significant investments in automation of to drive predictable, scalable and cost-effective solutions. We believe this is validated by the success we have had in delivering operational transformation programs to our clients.”
Earlier this year, Wipro became the first SAP partner to become SAP-certified in solution implementation using the Run SAP methodology and an SAP-certified provider of application management services. This was following a stringent audit process of its ability to deliver application management services with high-quality service operations based on SAP technology.
“The SAP ecosystem, through our partners and communities, continuously drives growth and success for our joint customers,” said S. Singh Mecker, senior vice president and head, Global Ecosystem and Partner Group, SAP. “Our partners play a vital role in SAP’s innovation efforts and in helping customers meet their most essential business challenges. We applaud Wipro on its commitment and dedication to the SAP partnership. They have excelled in co-innovating with SAP to deliver unparalleled value and mutual business success to our joint customers.”
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. 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 management, and datacenter managed 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 a 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 website at www.wipro.com
SAP Forward-looking Statement
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.
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Media Contacts
Wipro Technologies
India:
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Mangala Koti Singhal
Gutenberg Communications
+91 9686446789
mangala@gutenbergpr.com
US:
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
Lavanya DJ
Gutenberg Communications
+ 212).239.8740
lavanya@gutenbergpr.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects 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 fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain 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, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and 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. We 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
