Atlanta, Georgia, USA - December 21, 2010:
Wipro Technologies, the Global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE: WIT), today announces that it has been honored by the U.S. Department of Defense with the ‘Patriot’ Award for support of its employees who serve in the Georgia National Guard and Reserve.
At a ceremony in Atlanta, Georgia Captai1n Michael Thompson, Manager at Wipro Consulting Services, Vasudev Murthy, General Manager and Global Operations Head and Chris Rooney, General Manager and Head of Wipro Consulting Services, US, accepted the award on behalf of Wipro Technologies.
The “Patriot Award” is the first of the sequential and progressive employer awards program. It is intended specifically for the recognition of individual supervisors or the employer organization as a whole. Patriot Award nominations may come only from Reserve component (RC) members or their spouses/immediate family members. Nominated employers receive a Patriot Award certificate and accompanying lapel pin.
Captain Michael Thompson, Manager at Wipro Consulting, nominated Wipro Technologies for making changes to its Reservist Policy that included additional time paid for above and beyond what is required by law when a person is called to Active Duty or even for their normal 2 weeks of required reserve obligation during the year. The new policy also allows further time for when a person reenters the active workforce once returning from call of duty activation.
"We're honored by this award," said Kirk Strawser, Managing Partner of Wipro Consulting Services. "But the real honor goes to Captain Michael Thompson for his service to our nation. It's a privilege for us to support him and his colleagues as they defend our freedom."
As the 1.3 million members of the National Guard and Reserve continue to perform an increasing number of unique missions with America’s borders and beyond, Employer Support of the Guard and Reserve (ESGR) will continue to be the resource for the employers of citizen warriors. ESGR provides education, consultation, and if necessary mediation for employers of Guard and Reserve employees. More information about ESGR Employer Outreach Programs and volunteer opportunities is available at www.esgr.mil, or by calling 678-569-5738.
About Wipro Technologies
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 ence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle a strong presEast 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
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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.