Atlanta, Georgia, USA - February 17, 2010:
Wipro Technologies, the global IT Services business of Wipro Limited (NYSE:WIT) today announced that it has received the Metro Atlanta Chamber of Commerce Global Impact award. Global Impact Awards are presented annually by the chamber, honoring companies that helped attract, retain or expand international business in the metro area each year.
Wipro won in the category of Economic Development - Foreign Direct Investment - for success in job creation and positive impact on Atlanta's economy in 2009. In line with its globalization strategy, Wipro opened the Atlanta Development Center (ADC) in 2008, to centralize its US delivery operations. The center provides services for customers across four continents. By the end of 2009, Wipro became one of the largest job creators in Atlanta. Today, the ADC has over 400 employees and in the next three years, Wipro plans to create over 1000 jobs. Wipro also plans to use this center to develop the next generation of technologies in collaboration with local universities, such as Georgia Tech.
“We are thrilled that Wipro has been recognized by the Metro Atlanta Chamber of Commerce with this prestigious award,” said Suraj Prakash, Vice President, Atlanta Development Center, Wipro Technologies, who received the award from Kasim Reed, Mayor of Atlanta and Heidi Green - Deputy Commissioner for global commerce at the Georgia Department of Economic Development. “The talent pool that we have employed in Atlanta has greatly added to our success and we look forward to expanding our site and providing better service to our clients as we deliver innovative solutions.” he added.
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
Mangala Koti Singhal
+ 1 (732).216.6242
+44 792 020 5496
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 http://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.