SOURCE: IP Infusion

November 06, 2007 08:00 ET

IP Infusion and Wipro Technologies Announce Strategic Partnership

SAN JOSE, CA and BANGALORE, INDIA--(Marketwire - November 6, 2007) - Wipro Technologies, the global IT services division of Wipro Limited (NYSE: WIT), and IP Infusion, a leader in intelligent software platforms for converged IP communications equipment, today announced a strategic partnership to offer Layer 2 and Layer 3 solutions to telecom equipment and semiconductor vendors. Under the partnership, the two companies will leverage their complementary expertise to offer customized solutions based on IP Infusion's industry leading ZebOS® protocol suites.

The partnership combines Wipro's unique engineering service capabilities with IP Infusion's comprehensive software development platforms to deliver scalable and customized solutions, enabling customers to roll out IP, MPLS and Carrier Ethernet services with a significant time-to-market advantage.

Wipro has rich expertise in embedded software, platforms and system integration. Its exclusive expertise with IP Infusion's protocol suites enables the partnership to offer professional services and system integration offerings to telecom equipment and semiconductor vendors.

"High bandwidth and QoS-oriented triple play applications are being rolled out by telecom service providers, and rapid time to market with differentiated product offerings are competitive advantages for telecom equipment vendors and semiconductor vendors in these markets," said Subrahmanyam Pochinapeddi, Senior Vice President of Wipro Technologies. He added, "This strategic partnership with IP Infusion is uniquely positioned to address this need by rapidly delivering customized solutions."

Wipro has set up a dedicated offshore development center and test lab in Hyderabad, India, to develop customized products using IP Infusion's ZebOS solutions.

"Creating effective networked solutions for next generation networks requires a well-architected and time-tested development platform," said K. Ramesh Babu, Vice President of professional services and support at IP Infusion. "By combining the ZebOS platform with Wipro's global delivery approach, this partnership can confidently take on product engineering solutions that free ZebOS® customers to focus on their own unique value propositions."

About IP Infusion

IP Infusion delivers advanced software solutions that power IP communications equipment. With a unique modular architecture and the industry's broadest suite of network protocols, IP Infusion enhances product differentiation and market agility for many of the world's leading equipment vendors. Incorporated in Delaware in October 1999, IP Infusion is headquartered in San Jose, California, and is a wholly owned, independently operated subsidiary of ACCESS CO., LTD. For more information, please visit www.ipinfusion.com.

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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