Bangalore, India - January 8, 2010:
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), announced that it has been awarded the Most Outstanding Alliance Partner of the Year Award from the Software and Solutions group at HP during HP’s annual Asia-Pacific & Japan Partners @World Cup, held recently in Guangzhou City, China.
The HP Software and Solutions Most Outstanding Alliance Partner of the Year award for Asia-Pacific and Japan recognizes one partner for its success in helping HP’s customers optimize the business outcomes of IT. Wipro has delivered strong performance in the Asia-Pacific and Japan region. Wipro’s delivery capability and close collaboration with HP has helped them bag the largest Quality Control software deal in Japan and the largest Software as a Service (SaaS) deal in the Asia-Pacific and Japan region.
This is the third time in the last five years that Wipro Technologies has been recognized by HP Software and Solutions.
Speaking on this occasion, Sr. Vice President and Global head for Wipro Testing services Gangadharaiah C.P said, “We are excited to receive this award from HP Software and Solutions for 2009. This award validates the fact that alliance with HP is successfully delivering collaborative innovation through best-of-breed solutions and addressing the evolving customer’s needs by positioning new SaaS Models in the Industry today.”
“Customers benefit from faster time to market as a result of the HP and Wipro combination,” said Brad Kern, vice president, Worldwide Alliances, Software and Solutions, HP. “Wipro’s vast number of trained testing services professionals combined with HP applications testing products helps deliver this advantage.”
Wipro and HP Software & Solutions are global partners for more than 5 years now. Wipro Testing Services has been working strategically with HP around its entire portfolio of Test Lifecycle Management Tools, which also includes developing new Solutions for Joint Go-To-Market and delivering enhanced customer value through newer business models like SaaS. HP’s testing tools have further strengthened Wipro’s Testing-As-A-Service (TaaS) offering.
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 data center 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 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.