Governor of the State of Minnesota visits Wipro

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October 26th, 2007 Leave a comment Visited 26 times, 1 so far today

Governor of the State of Minnesota visits Wipro

Trade delegation visits the IT major along with the Governor

Bangalore, 26th October, 2007 Wipro Technologies, the global IT services business of Wipro Limited(NYSE:WIT) today announced the visit of Governor Tim Pawlenty of Minnesota along with a delegation of more than 30 Minnesota business leaders on a trade mission to Bangalore facility.

The objective of this delegation was to provide means for Minnesota business leaders to explore opportunities in India and to develop and explore Strategic relationships with Wipro.

Wipro has over 500 people working in its office and client locations in Minnesota. Wipro’s presence in Minnesota is a part of its overall growth strategy in the U.S. to build global delivery capabilities. Wipro has over 12 offices in the United States, and along with the recently opened Atlanta center which further strengthens the company’s growing global delivery capabilities, which include development centers in Brazil, Eastern and Western Europe, China, Mexico and Canada.

Governor Tim Pawlenty said, “Wipro’s presence in Minnesota is an example of the mutual benefit that better trade relations with India can lead to.”

Sudip Banerjee, President, Enterprise Solutions said, “We are very pleased to welcome the Governor of the State of Minnesota and the trade delegation to Wipro, Bangalore. In Minnesota we have found a ideal location to serve Fortune 500 firms in retail and healthcare space given the state’s strong presence in retail industry and pioneering work in healthcare space. We are experiencing rapid growth in these and other sectors in the state driven by state’s extremely business friendly environment.”

The visit organized by the Minnesota Trade Office has the delegation making market and industry presentations, participating in networking events, business roundtable discussions, customized one-on-one business meetings and other similar events. The delegation was welcomed by Sudip Banerjee, President, Enterprise Solutions and other senior management of Wipro.

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centre’s. 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 development and maintenance services to corporations globally.

In the Indian market, Wipro is a leader in providing IT solutions and services in India offering system integration, network integration, software solutions and IT services. Wipro also has 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 websites at www.wipro.com http://www.wiprocorporate.com

Media Contacts:

India:
Radhika Mahadevan, Wipro Technologies, +91- 9945042606, radhika.mahadevan {at} wipro(.)com

Ranjani S Roy, Gutenberg Communications, +91 9886377941, ranjani {at} gutenbergpr(.)com

US
Abhishek Mendiratta, Wipro Technologies, + 1 732 789 8646, abhishek.mendiratta {at} wipro(.)com

Lavanya DJ, Gutenberg Communications, + (212).239.8740, lavanya {at} gutenbergpr(.)com

UK
Rahul Kadavakolu +44 792 020 5496, rahul.kadavakolu {at} wipro(.)com

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. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in

Thanks and regards

Rajat

+919880172711





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