Wipro's Offshore Model in Security Consulting Considered "unique" by Independent Research Firm

Bangalore, Karnataka, India

In an independent report* by Forrester Research, Inc., an independent research firm, Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) has been positioned as a Strong Performer in the "The Forrester Wave™: Security Consulting, Q3 2007", Forrester Research, Inc., September, 2007.

Forrester evaluated the security services consulting market of 10 leading service providers across 80 criteria. Wipro was considered "a viable option for a range of security services and noted for its "strategic capabilities in security sustainability."

According to the Forrester Report, "Wipro's offshoring model is unique among the larger players in the security consulting space. Wipro's strongest technical capabilities were in application security and identity and access management."

Elaborating on Wipro's strategy for Security Consulting Services, Prasenjit Saha, VP- Enterprise Security Services, Wipro Technologies said, "We pride ourselves in being a strategic security partner for our customers. We continue to drive innovation across governance risk and compliance, application security, data privacy and infrastructure security. This report serves as a reflection of our belief and provides impetus to outperform."

According to the report "Wipro's growth in its security consulting practice in the highest in the industry" The report added, "Wipro's partnership ecosystem is a clear area of strength that will help it continue extending its offerings to clients."

The report describes Wipro as, "a leading global independent research and development (R&D) services provider, the firm offers such services as application development, enterprise systems implementation, networking, systems integration, and technology consulting services. It is a world leader in offshore business process outsourcing (BPO) services."

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

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. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.

Source: WIPRO (Business Wire India)

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