Wipro Wins Intel Global Innovation Award

Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services announced that it has won the prestigious Intel Global Innovation Award for Storage at the Intel Developer Forum 2008 in San Francisco.

Businesses today are encountering rapid increase of digital data. Growth in existing applications like messaging, databases and emerging rich-media applications make it imperative for businesses to enhance their computing and storage needs. Adding to that are new regulatory requirements and business continuity plans which are leading organizations to have a comprehensive and scalable storage system.

Wipro identified a distinct gap in today’s storage needs and solutions offered in the market. Driven by internal R&D focus, Wipro has invested more than 1500 person hours in developing this unique storage-server solution that addresses this need. Wipro has made substantial investments in financing and staffing the project.

Wipro drives innovation as a fundamental business enabler. Wipro has global partnerships with clients and technology partners to drive innovation across different business and technology bottleneck areas. NetPower Storage-Server is one of the most recent successful outcomes of the Applied Innovation framework. Wipro has invested exclusively in a state of art Product Engineering and development cell – The Eminence Lab at its Pondicherry facility. This platform from Intel was developed, integrated, tested and certified on leading industry storage practices for supporting file share protocol services over IP at Wipro Eminence Lab.

NetPower Storage Server is a secure, reliable and flexible computing and storage-server platform/solution which integrates with industry standard storage management software to deliver a flexible all-in-one unified DAS/ NAS/ SAN storage solution. It is cluster ready for High Performance Computing users and is scalable to several Petabytes.

Supporting up to 12 enterprise-class SAS or high-capacity SATA hard drives, the Wipro NetPower Storage-Server is a high performance, flexible platform enabling enterprise–class computing and storage for small and medium businesses. Ideally positioned for mid-market customers looking for a server and entry/mid range storage solution, the Wipro NetPower Storage Server is a dual purpose server within a single box (compute and storage in one box) and is ideally priced as well for large enterprises.

The product starts delivering a storage capacity of 12 terabytes on an enterprise class SATA drive populated and up to 6 terabytes on SAS platform. It can scale up to several petabytes especially when implemented in a large cluster making this solution ideal for fast growing organizations seeking high performance file servers and secure network attached storage appliance.

The Wipro NetPower Storage-Server is also an eco-friendly product which is 100% RoHS compliant (Restriction of Hazardous Substances) and is an outcome of Wipro’s global initiative towards ecological sustainability.

Speaking on the occasion, Mr. Ashok Tripathy, Head - Wipro Personal Computing Division, said, "Innovation is a key business driver for us. We use Wipro’s Applied Innovation framework to create new innovative solutions that focus on resolving our customers’ business challenges. Our Supernova super-computing offering was another such milestone. We are happy that Wipro’s all-in-one server-storage solution has been recognized by Intel and awarded the first position in innovative storage solutions worldwide. We are confident that this solution will address our clients’ need for a scalable and flexible storage and computing platform.”

"We congratulate Wipro on winning the Intel Server & Storage Innovation award at the Intel Developer Forum in August 2008. It is heartening to see Wipro use the power of the latest Intel technologies to provide innovative solutions to their customers,” said Mr. R. Ravichandran, Director South Asia Sales, Intel.

Created by Intel, this award recognizes unique innovation leaders on a global basis for Intel Architecture based server and storage platforms. It also recognizes distinctive innovation on Storage/Server platforms across all OEMs and ODMs at a global level. Winners are chosen based on distinctive solutions and measurable business results for challenges faced by end customers.

About Wipro Infotech

Wipro Infotech, a division of the US$4.93 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 (NYSE:WIT) 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, www.wiprocorporate.com, and www.wipro.in.

Wipro’s forward looking and cautionary statements

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.