Bangalore, India - December 10, 2010:
Wipro Infotech, the India, Middle East and Africa, IT Business of Wipro Ltd, and a leading provider of IT and business transformation services announced today, that it has been awarded a 5-year IT outsourcing contract by Vasan Eye Care - one of India's largest network of eye care centres and a unit of Vasan Healthcare Group. As part of this contract, Vasan Eye Care will outsource its entire IT Infrastructure to Wipro, for monitoring and management for duration of 5 years.
The scope of service includes entire IT Infrastructure management encompassing the complete gamut of Datacenter Management and End User Support Services. Vasan’s network of hospitals comprises close to 75 independent hospitals, distributed across 4 southern states of India, and caters to 5 million patients a year.
Endorsing the choice of Wipro as it’s trusted IT partner, Dr. A. M. Arun, Chairman & Managing Director, Vasan Eye Care said, “Vasan has come a long way and today is synonymous with world-class eye care and expertise. We are happy to be associated with Wipro and trust Wipro to help us in our mission to create a world-class service system by implementing world-class technologies, and thereby achieve our vision of becoming the world’s largest eye care provider.”
Dr. K Premraj , Chief Mentor, Vasan Eye Care said, “Vasan Eye Care has proved to be a successful model in offering standardized, high-quality, Eye Care in India. We were on the look out for an IT partner who would be able to provide end-to-end IT services, as well as live up to the high standards we have set for ourselves in the healthcare space. With Wipro on board, we are now free to concentrate on our core competency of offering quality eye care to patients across India.”
Mr. Kiran Desai, Vice President & Business Head – Managed IT Services, Wipro - India, Middle East & Africa said "We are delighted to be awarded this contract by a premier Eye Care Group like Vasan. We are confident, that with our expertise and experience in managing IT Infrastructure and applications, we would help deliver superior service to customers of Vasan Eyecare.
Wipro was selected for the engagement from among several domestic and international IT players.
About Vasan Eye Care
Vasan Eye Care is a division of Vasan Healthcare Private Limited. Headquartered at Tiruchirapally, it has grown consistently into one of the fastest growing healthcare delivery enterprises in India. Comprising a team of 500+ ophthalmologists - specialized in various fields of ophthalmology, and 3500 paramedical staff, Vasan Eye Care is regarded as a pioneer in delivering ophthalmic care, technology and innovation to over 3 million patients across South India. The Group has a network of over 60 hospitals spread across Tamil Nadu, Karnataka, Andhra Pradesh and Kerala. Vasan aims to have 100 hospitals by 2011 making it the largest eye care provider in the world.
About Wipro Infotech
Wipro Infotech, a division of the US $6 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.
About Wipro Ltd
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs 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 and www.wiprocorporate.com.
Media Contacts:
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Sandhya Shama Rao
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Email: sandhya.shama@wipro.com
Agency Contact for Wipro
Purvika Anand
Gutenberg Communications
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Email: purvika@gutenbergpr.com
Wipro's 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, reduced 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.
