Wipro Limited
NYSE : WIT
BOMBAY : 507685
NSE : WIPRO

Wipro Limited

March 15, 2016 15:02 ET

Wipro Appoints Xavier S Diniz as Country Manager for Canadian Operations

MISSISSAUGA, ONTARIO--(Marketwired - March 15, 2016) - Wipro Limited (NYSE:WIT)(BOMBAY:507685)(NSE:WIPRO), a leading global information technology, consulting and business process services company with significant presence across Canada, has appointed Xavier S Diniz as the Country Manager for its operations in Canada, effective April 1, 2016. Wipro currently employs hundreds of highly skilled professionals in its facilities across Canada.

In this role, Mr. Diniz will focus on driving Wipro's growth in Canada and providing leadership to the regional teams, in line with Wipro's strategy for the country. He will be responsible for enabling regional growth and building strategic relationships with clients and industry partners. He will report to Ankur Prakash, Head - New Growth & Emerging Markets, Wipro Ltd.

Mr. Diniz brings with him over 20 years of progressive experience in the Canadian IT industry. At Wipro, he has been instrumental in building ties with some of the key Canadian corporate clients and positioning Wipro's capabilities to manage their IT infrastructure with effective collaborations.

Ankur Prakash, Head - New Growth & Emerging Markets, Wipro Ltd said, "Canada is a key geography for Wipro and we are investing in this country with a long term perspective. We have witnessed substantial growth over recent years and established ourselves as strong technology experts in the country with some notable client acquisitions. We aim to build on that momentum with the new structural changes."

He added, "Mr. Diniz brings with him an in-depth understanding and experience of working in the Canadian IT industry with notable achievements over his last five years with Wipro. We look forward to the value he will add in this new role by combining local knowledge and strategic vision with Wipro's growth objectives."

Wipro has been providing value to Canadian clients since 1996, through custom-designed solutions and enabling Canadian companies to do business better. With its in-depth knowledge of the Canadian marketplace, combined with its global experience, industry expertise and innovative insight, the company is able to create and implement market tailored and best practice-based solutions to help Canadian clients achieve operational excellence and cost efficiency.

In 2014, Wipro Limited acquired ATCO I-Tek, a subsidiary of Alberta-based ATCO Ltd. with a presence in Canada and Australia. This acquisition provides Wipro's portfolio with an added advantage in the Western Canada Utilities domain, promoting its Canadian market base and industry ready solutions. This has bolstered Wipro's strong foot-hold in the Canada market, across all industry verticals, particularly Energy, Natural Resources and Utilities, Government and Healthcare business. It has also helped deliver transformational projects, add value to the clients and position Wipro to operationalize large scale outsourcing contracts and opportunities in the Canadian market.

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com.

Wipro's 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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