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Wipro Positioned as 'Strong Positive' in the "Market Scope for Business Intelligence and Performance Management Services, Western Europe, 2008"

BANGALORE, India-(Business Wire)-August 26, 2008 - Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) announced that leading industry analyst firm Gartner, Inc., positioned Wipro Technologies as ‘strong positive’ in the Leaders Quadrant of its “Market Scope for Business Intelligence and Performance Management Services, Western Europe, 2008,” 2008 report.

Developed by Gartner, the 2008 Market Scope for Business Intelligence (BI) and performance management (PM) consulting and system integration (C&SI) services in Western Europe analyzes the market for BI and PM solution implementation services.

The report says, “Wipro Technologies goes to market through its GDM approach and has demonstrated stellar growth during the past few years and an ever-expanding global presence, fueled by high-level recruitment resulting in a larger practice in Western Europe. It now has a quarter of its BI and PM revenue in EMEA. Wipro is particularly strong in financial services, retail, manufacturing, services, telecommunications and utilities, and it has managed to establish a reputation as a BI service provider that can tackle strategic and tactical engagements, timing the market well for its BI service offerings.”

Wipro views Enterprise Information Management strategy as key to enable business outcomes and enhance value for enterprises. Elaborating on Wipro’s successful BI PM implementations, Srinivas Pallia, Vice President, Business Technology Services, Wipro Technologies said, “This recognition by Gartner reflects the acceptance of our position as a company helping our clients transform their business using the right information and insights. Our comprehensive performance management and analytics solutions address business objectives, critical business processes and incorporate robust Information Management technology.”

According to the report, “Wipro's ability to leverage a centralized BI practice globally and into Western Europe brings additional strength to the practice through significant size and scale, and this practice includes PM built on strong frameworks and advanced, domain-specific analytics in its portfolio.”

In an earlier report on ‘Magic Quadrant for Business Intelligence and Performance Management Services, North America, 2008’, Wipro was positioned in the challenger quadrant by Gartner Inc.

Wipro offers industry specific analytics solutions and Performance Management solutions built on unique CAPS framework to drive organizational performance by effectively managing information. The IT major has created multiple patent-filed solutions like Data Migration solution, Enterprise data warehousing frameworks and SOA based business platform to provide comprehensive and agile solutions across the information management spectrum.

About Wipro

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 development, and maintenance 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 a 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 and www.wiprocorporate.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.

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