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mercredi 16 janvier 2008 à 5h18

Wipro clarifies on market speculation over acquisition of Cap Gemini


Wipro Limited (NYSE: WIT), au nom de toutes les entités du groupe Wipro, y compris Wipro Technologies, sa division de services IT global, à la demande de l'Autorité des marchés financiers (AMF), l'autorité française des marchés financiers, confirment qu'ils n'ont pas été récemment et qu'ils ne sont pas en discussion avec, ou concernant, Cap Gemini, le groupe français côté sur Euronext, pour une fusion ou une offre de rachat sur Cap Gemini.

About Wipro Technologies

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 centers. 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 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. Wipros 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 Wipros websites at www.wipro.com or 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 companys 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.

Le texte du communiqué issu dune traduction ne doit daucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue dorigine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

ContactsInvestor Relations Contact:
Wipro Technologies
Rajesh Ramaiah, +91 9845069360
rajesh.ramaiah@wipro.com
or
Media Contacts:
India
Gutenberg Communications
Sonali Madbhavi, +91 9844042850
sonali.madbhavi@wipro.com
or
US
Gutenberg Communications
Lavanya DJ, +1 212-239-8740
lavanya@gutenbergpr.com
or
UK & Europe
Gutenberg Communications
Shalini Siromani, +44 (0) 7960663200
shalini@gutenbergpr.com

Copyright Business Wire 2008
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