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Wednesday, June 13, 2007

Wipro and EMC Announce Global Strategic Information Infrastructure Alliance

Wipro Limited (NYSE: WIT) and EMC Corporation (NYSE: EMC) today announce a global strategic alliance to address customers’ information infrastructure requirements, while expanding Wipro’s and EMC’s reach in the $60 billion worldwide information infrastructure market.

The alliance unites Wipro’s applied innovation framework for developing new solutions and services around EMC’s industry-leading information infrastructure technologies to enable more organizations, specifically in targeted growth markets, to optimize their infrastructures, secure and protect their information, and leverage their information to unlock its full potential. Wipro and EMC intend to explore collaboration of industry and application specific solutions in key business areas that solve customer needs related to storage management, information management, content management, and information security.

Wipro and EMC bring together extensive experience and presence to expand relationships with existing customers and acquire new ones in both emerging and developed markets. To further enable this alliance, EMC intends to help certify more than 1,000 Wipro practice resources on EMC technologies to support pre-sales, delivery, and solution development.

Commenting on this strategic alliance, Suresh Vaswani, President, Wipro Technologies said, “The alliance with EMC is part of Wipro’s Applied Innovation initiative that includes new ideas that will deliver significantly higher value and business results to our global customers. This alliance is significant for us as it showcases our agility and flexibility to transform our business to meet changing customer requirements.”

Sanjay Mirchandani, EMC's Senior Vice President of Emerging Markets and International Development, said, “Customers' IT environments are getting more complex. All around the world we are seeing a growing eagerness for organizations to embrace and enter the global market, leading to large government and business investments on upgrades, digitization and associated information infrastructure technology. Wipro is one of the world’s fastest-growing services companies, and together Wipro and EMC can harness each other's strengths to meet this expanding demand for world-class information infrastructure offerings.”

About EMC

EMC Corporation (NYSE: EMC) is the world’s leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.EMC.com

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development center’s. 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 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, http://www.wiprocorporate.com.

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