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Qatar Petroleum chooses Wipro
- Qatar: Monday, December 15 - 2003 at 16:14
- PRESS RELEASE
Wipro, one of India's leading IT Services companies, has been selected by Qatar Petroleum to provide Technology Consulting Services for their prestigious Ras Abu Aboud Development Project.
Mr. Nasser A Kamal, Ras Aboud Development Project Manager, Qatar Petroleum said "This project is very critical to the overall Ras Abu Aboud Development Project and we are happy to have selected Wipro, India's leading Technology Services organisation."
Mr. Rajat Mathur, Vice President International Operations, Wipro Infotech, said, "Wipro is delighted to be associated with Qatar Petroleum .We are extremely committed to the Qatar market and look forward to adding value through our Technology services to customers in Qatar."
Wipro launched its Middle East operations in early 2001 in Dubai Internet City and since then, has expanded its business across the Middle East to include Saudi Arabia, Qatar, Oman and Kuwait. Wipro has continued to provide high value-added IT Services and Solutions including Infrastructure Management Services, IT Outsourcing, Consulting, Software and e-procurement services to organisations throughout the Middle East.
In addition to other markets in the Middle East, Wipro has built a strong customer base in the UAE since the start of its operations. They include Dubai eGovernment, Dubai Dry Docks and Dubai Municipality.
"The Middle East is a fast growing and significant IT services market and we are focused on providing value-based solutions across the region. We understand the key requirements of our customers' businesses and offer relevant technology to deliver business value," added Mr. Mathur.
Today, Wipro has over 200 skilled professionals working on various projects across the Middle East. Furthermore, Wipro is amongst the largest IT companies in India with operations across the USA, Europe, Japan, Asia Pacific, Australia and the Middle East. Many of the Fortune 500 companies are its customers.
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Notes and media contacts
Qatar Petroleum:Qatar Petroleum (QP), a state owned corporation established in 1974, is responsible for all phases of the oil and gas industry in Qatar. QP's principal activities, conducted in various onshore and offshore locations, cover exploration, drilling and production operations and sale of crude oil, NGL, LNG, refined products, petrochemicals and fertilizers in addition to providing helicopter and financing services.
About Wipro Infotech:
Wipro Infotech, a division of the US $902 million Wipro Limited, provides enterprise customers with high value Information Technology products, Services, Solutions and IT Consulting Services in India, and provides Technology & Software Services and IT Consulting Services in the Asia Pacific and the Middle East. 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. Wipro Infotech has been rated No: 1 Network Integrator in India by Voice & Data Magazine for five years in succession from 1998-2002.
About Wipro Limited
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. Wipro Limited is the first P CMM 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. Wipro also has a 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 websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in
Wipro's forward looking and cautionary statements
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 contact:
Agency Contact:
Prem Ramchandran
ASDA'A Public Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556
Wipro Infotech (UAE)
Mansoor Ahmed
Business Head Middle East,
Wipro Limited, Dubai Internet City Building 12, Office -124
Dubai, UAE
Tel: 00-9714-3913480
Kiran Rao (India)
Marketing Manager
Wipro Infotech
Bangalore
Tel: 91-80-8440011. Ext-394
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