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Wipro Technologies Keyed up for the Launch of the Microsoft Visual Studio 2005 Team System

Visual Studio 2005 Team System will ensure innovation and integration across the entire application development life cycle and empower development teams with communication and integration capabilities

BANGALORE, India--(BUSINESS WIRE)--Aug. 11, 2004--Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), today announces support for the Microsoft Visual Studio 2005 Team System and looks forward to driving better integration between developers and IT administrators. Wipro feels confident that this will make designing, developing, and deploying applications a more efficient and predictable process.
Visual Studio 2005 Team System is an extensible lifecycle tools platform that enables development teams to collaborate more effectively on the delivery of service-oriented solutions. The system will feature improved support for distributed, team-oriented enterprise application development.

"We look forward to delivering greater ROI to our customers through the productivity and rich integration capabilities (with the Microsoft Office System and SQL Server 2005) of Microsoft Visual Studio 2005. The enhanced features that excite our developers include project team collaboration, IDE improvements and the introduction of 'ClickOnce' technology," said Gary O'Neal, Strategic Business Unit Head, Global Microsoft Business Unit - Wipro Technologies. Wipro is a strategic partner for a number of Microsoft Corp.'s products and has focused on delivering .NET-connected solutions since 2001 and is committed to providing leading-edge consulting and solution frameworks. "We are confident that the release of Visual Studio 2005 and the .NET Framework 2.0 will provide a competitive edge to our customers," O'Neal added.

"Microsoft is pleased that Wipro will support Visual Studio 2005 Team System," said Rick LaPlante, general manager for Visual Studio 2005 Team System at Microsoft. "For Microsoft, and developers around the world, Visual Studio Team System heralds a new era of collaboration, innovation and integration. With the help of our global partners like Wipro, customers will undoubtedly see immediate benefits from building service-oriented applications using the .NET Framework."

About Wipro

Wipro Limited is the first PCMM Level 5 and SEI CMM Level certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development 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 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, among others. For more information, please visit our website at www.wipro.com, www.wiprocorporate.com , and www.wipro.co.in

All products and company names mentioned herein may be trademarks of their respective owners.

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 might 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

Contacts


Wipro
Supratim Sarkar, +91-80-25056683
supratim.sarkar@wipro.com

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