SOURCE: Egenera

August 20, 2007 10:11 ET

Wipro Infotech Signs Distribution Agreement With Egenera

BANGALORE, INDIA and MARLBORO, MA--(Marketwire - August 20, 2007) - Wipro Infotech, the India, Middle East and Asia Pacific IT Business segment of Wipro Ltd, and Egenera, the data center virtualization company, today announced that they have entered into a distribution agreement. Egenera has pioneered a new computing architecture -- the patented Processing Area Network (PAN) -- specifically designed to reduce data center complexity, resulting in agility, availability and cost-effectiveness. Under the terms of the agreement, Wipro Infotech will resell the full suite of Egenera® products and handle emerging IT sales opportunities for the company within India. The key focus of the Wipro division is to optimize and enhance existing IT infrastructure by delivering unique and innovative technology products.

"We are pleased to partner with Egenera because the innovative technology that Egenera provides will greatly enhance our current line of IT solution and service offerings," said Anand Padmanabhan, vice president Technology Infrastructure services, Wipro Infotech. "The alliance with Egenera is very valuable for Wipro because it is an association that will yield multifold benefits for our enterprise customers. We have always been proactive in enhancing the current line of IT solution and service offerings and this relationship is another step forward in the right direction."

Mike Thompson, president and CEO, Egenera, commented, "Wipro's expertise in delivering first-class data center solutions to enterprise customers within a diverse set of industries is in line with our aggressive global growth strategy. We look forward to providing true business value and growing our joint customer base together."

Wipro Infotech's extensive technology portfolio and broad customer base in conjunction with Egenera's highly available, flexible and fully integrated processing platform will greatly enhance both parties' business proposition to enterprise customers in the Indian market.

About Egenera Inc.

Egenera is a global leader in delivering data center virtualization solutions that reduce costs and complexity for hundreds of forward thinking companies. The Egenera BladeFrame system virtualizes the data center with an innovative server architecture specifically designed to reduce complexity and enable IT to respond rapidly to business requirements. Market-leading enterprises around the world trust Egenera to run their most critical applications and achieve higher resource utilization, faster application time to market and lower total cost of ownership. Headquartered in Marlboro, Mass. Egenera has offices worldwide. For more information visit www.egenera.com, call 508-858-2600 or send email to info@egenera.com.

About Wipro Infotech

Wipro Infotech, a division of the US$ 3.47 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Services, Solutions and Consulting Services in India, and provides Technology & Software Services and Consulting Services in the Middle East and ASEAN. It is the world's first Products, Services and Solutions Company to be certified, Enterprise wide at Level 5, Version 2.0 of PCMM. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It has business offices in the Middle East and Asia Pacific.

About Wipro Ltd

Wipro Limited (NYSE: WIT) provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, 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. 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. 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

Wipro's 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.

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