Cisco and Wipro Announce Strategic Alliance

BANGALORE, INDIA--(Marketwire - October 31, 2007) - Cisco® (NASDAQ: CSCO) and Wipro Ltd (NYSE: WIT) today announced that they have entered into a strategic alliance to jointly develop and deliver information technology (IT) service solutions to help both companies meet their customers' needs, particularly in fast-growing markets around the world. Under the agreement, Cisco and Wipro together will build new IT infrastructure service solutions that combine Cisco's industry-leading networking solutions with Wipro's infrastructure and managed services portfolio. The companies also announced the establishment of the Cisco Solution Centre at the Wipro Campus in Bangalore, India, which will develop and showcase new services and solutions, such as Cisco Unified Communications, that will take advantage of the network platform to help enterprise customers drive innovation and business growth.

"Over the years, Wipro, with its expert system integration services, and Cisco, with its industry-leading products, have partnered to add value to HDFC Bank's network strategy. Working with these two world-class organizations has been a great experience," said Aditya Puri, managing director, HDFC Bank Ltd.

Under the agreement, Cisco and Wipro will jointly develop and deliver new solutions that incorporate their intelligent-networking technology and unmatched services in business processes and IT. Wipro will offer solutions based on Cisco products and services on a global basis, with initial focus in India, Middle East and Africa regions. Cisco will also become the preferred networking partner for Wipro's portfolio of services, including outsourcing, managed-services and other solutions. Wipro will invest in developing competencies in Cisco's leading-edge products and services through its Cisco Solution Centre.

"Wipro is a global leader in the industry for delivering IT services to enterprises and is implementing IT innovation that helps businesses achieve new levels of productivity," said Wim Elfrink, chief globalization officer of Cisco. "This strategic alliance illustrates Cisco's commitment to building relationships with new partners in emerging parts of the world that will take advantage of new virtualised approaches such as 'software as a service,' and service-oriented network architecture."

The companies will provide joint services and solutions that take advantage of the network as a platform. The joint offerings will incorporate Cisco's advanced technologies for such areas as application networking services, data centre, security, telepresence, and unified communications, with Wipro's industry-leading IT global service and business process models that help customers maximize their business performance. In the future, Cisco and Wipro will collaborate to develop innovative solutions that support specific vertical industry models such as health care, financial services, retail, real estate and transportation.

"The pervasiveness and intelligence of the network is the key to driving IT innovation," said Suresh Vaswani, president of Wipro Infotech. "This alliance brings together Cisco's industry-leading network solutions and Wipro's vertical expertise, quality standards and global presence to deliver innovative new solutions to our customers. We are excited by the possibility of combining the strengths of Cisco and Wipro to deliver unique value to our customers."

Now that Cisco is the global network platform and networking solutions partner for Wipro, Cisco is able to expand on its worldwide market leadership. Additionally, Cisco will be able to take advantage of Wipro's world class services and business process re-engineering expertise to pursue new growth opportunities in the areas of remote services delivery.

"Wipro offers a unique approach for delivering service solutions based on infrastructure. Combined with Cisco's innovation, in making the network the platform, we know we will help meet customers' needs around the world," said Steve Steinhilber, vice president of strategic alliances for Cisco. "We are looking forward to working with Wipro to help us expand both our business opportunities in the high-growth emerging markets and the innovation it can bring to address unique customer requirements in those markets."

The Cisco Solution Centre at the Wipro Campus in Bangalore, India is scheduled to be functional in November and will expedite the development of network-based IT solutions, test frameworks, and illustrate proof of concepts of IT and networking methodologies for client-specific business processes.

About Cisco

Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking for the Internet, this year celebrates 20 years of commitment to technology innovation, industry leadership, and corporate social responsibility. Information about Cisco can be found at http://www.cisco.com. For ongoing news, go to http://newsroom.cisco.com.

About Wipro Limited (NYSE: WIT)

Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, 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. Wipro's Global IT Services business was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centres.

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 infrastructure engineering, and consumer products & lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. 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

Cisco, the Cisco logo, and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

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Contact Information: Press Contact(s) Pamela Ferrill Cisco Systems, Inc. +1 408 527-9076 parupert@cisco.com Marc Musgrove Cisco Systems, Inc. +1 408 525-6320 mmusgrov@cisco.com Sunanda Sanganeria Wipro Technologies +91-99808-33623 sunanda.sanganeria@wipro.com Industry Analyst Relations Laura Irwin Cisco Systems, Inc. + 1 408 853-8876 lirwin@cisco.com Manideepa Dasgupta Wipro Technologies + 1 972 789-7829 manideepa.dasgupta@wipro.com Investor Relations Marisa Ross Cisco Systems, Inc. + 1 408 527-9830 mariross@cisco.com Jatin Dalal Wipro Technologies +91-80-2505-6143 jatin.dalal@wipro.com