Wipro moves offices within DIC
- United Arab Emirates: Tuesday, September 21 - 2004 at 15:00
- PRESS RELEASE
Wipro Infotech, the Middle East, India and Asia Pacific IT division of USD1.35 billion Wipro Limited (NYSE:WIT), has moved the company's offices from Building No.12, to a larger space in Building No.11, Dubai Internet City.
The company has won several prestigious projects including contracts from Dubai E-Government, Dubai Municipality, Riyadh Pharma, Saudi Polyolefins Company, Qatar Petroleum and Doha Bank. In Kuwait, Wipro recently inked agreements with Gulf Insurance Company, Kuwait Foundation for Advancement of Sciences, Investment Dar and Future Communications Company.
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Notes and Media Contacts »
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 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.
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 Ramachandran
ASDA'APublic Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556
Wipro (UAE):
Mansoor Ahmed
General Manager, Middle East Business Operations
Wipro Limited,
Dubai Internet City
Building 12, Office -124
Dubai, UAE
Tel: 00-9714-3913480
Wipro (India):
Radha Radhakrishnan
Group marketing
Wipro
Bangalore
Tel: 91-80-284 40 343
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