Bangalore, India - May 2, 2011:
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), announced that Wipro's Tarang - Product Qualification and Compliance Lab and CSA Group, a global testing, certification and standards development organization headquartered in Canada, will collaborate and leverage their business resources for providing localized testing and certification services in India. The agreement with CSA Group enables Wipro to provide compliance testing and certification services to companies developing products in India for international markets in diverse fields, such as information technology, medical, test and measurement, laboratory, industrial control equipment, etc.
In a typical product development cycle where the testing and certification is around 6-12 weeks, this Wipro-CSA collaboration will help product companies speed up the product testing and certification by 20-30 per cent.
According to a United Nations Industrial Development Organization report entitled Yearbook of Industrial Statistics 2010, India is one of the top ten manufacturing economies in industrial production. The Wipro-CSA agreement minimizes the need for Indian customers to ship products elsewhere for compliance testing.
Elaborating on the growing need for testing and certification services in emerging markets such as India, Dr Ishwardutt Parulkar, Director of Engineering at Cisco, says, "Wipro's Tarang lab is providing world class expertise in product testing and certification, locally, and the alliance with CSA Group makes Wipro product testing and certification capabilities even more compelling for technology developers in India. The Lab has benefited Cisco significantly and Cisco has been using these facilities successfully for some key products under development."
The collaboration with Wipro's Tarang state-of-the-art testing laboratories for CSA Group means reliable access to product markets, especially in emerging nations such as India. "This agreement with Wipro will serve to further enhance CSA Group's business in Asia by establishing a presence in one of the most high-tech testing laboratories available not only in India but internationally," says Ash Sahi, President and CEO, CSA Group. "By providing clients with services right in the heart of one of the world's fastest growing manufacturing bases, we will be able to help reduce their overall costs and increase their time to market."
"Wipro is excited about becoming a testing and certification laboratory for CSA Group in India and Asia. This close association with CSA Group makes Wipro's Tarang Lab a testing powerhouse providing product compliance testing and certification," says Vasudevan Aghoramoorthy, Vice President, Semiconductor and System Solutions, Wipro Technologies. "This collaboration will attract global customers, especially in the APAC region, to Tarang lab. While product tests happen in Tarang, customers have the choice of availing other services offered by Tarang Lab like EMI/EMC testing, environmental testing, reliability testing and product verification and validation under a single roof and bring down their design cycle time further."
Wipro's Tarang lab has been an NABL (ISO/IEC 17025) (National Accreditation Board for Testing and Calibration Laboratories) accredited facility for two years now, equipped to perform various safety, mechanical, thermal, acoustic, reliability and electro-magnetic interference/ compatibility related testing and consultancy services. Wipro provides testing and certification services on a broad range of globally accepted product standards, including, IEC/EN, DO160, UL, FCC, CSA, SAE, JASO, ISO, MIL, ASTM and NEBS.
About CSA Group
CSA Group is an independent, not-for-profit membership association serving business, industry, government and consumers. CSA Group consists of three divisions: CSA Standards, a leading standards-based solutions organization, providing standards development, application products, training and advisory services; CSA International, which provides testing and certification services for electrical, mechanical, plumbing, gas and a variety of other products; and OnSpeX, a provider of consumer product evaluation, inspection and advisory services for retailers and manufacturers. For more, visit www.csagroup.org.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" – helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 120,000 employees and clients across 54 countries. For more information, please visit www.wipro.com
Media Contacts
CSA Group
Canada
Anthony Toderian
Manager, Corporate Affairs
CSA Group
416-747-2620
anthony.toderian@csagroup.org
Wipro
US:
Kathleen Ulrich
Wipro Technologies
+1 (732) 509-1337
kathleen.ulrich@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 7920205496
rahul.kadavakolu@wipro.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.
