BANGALORE, India, September 1 /PRNewswire/ --

- Platform Will Help Independent Software Vendors Reduce the Cost for 
Enabling Their Existing Business Applications on SaaS Model

Wipro Technologies, the global IT services business of Wipro
Ltd (NYSE: WIT), will offer 'w-SaaS', a platform for rapid
Software-as-a-Service (SaaS) enablement of business applications using Oracle
Grid Computing and Oracle application grid middleware for Independent
Software Vendors (ISVs).

The platform will help ISVs enable their 'existing' business
applications to operate in SaaS model in a non-intrusive manner with minimal
re-implementation, and enable the traditional single tenant application to
operate in an efficient multi-tenant mode. This is expected to result in
savings of up to 50% of effort for SaaS enablement of existing applications,
resulting in up to 10-20% savings in the total cost of ownership.

"With Wipro's global service delivery capability, Oracle's
platform and strategic insights on world-class performance, this solution can
be leveraged across multiple global customers," said Srini Pallia, Senior
Vice-President and Global Head, Business Technology Services, Wipro
Technologies Ltd. "Our relationship with Oracle enables us to provide ISV's
and joint customers, a powerful platform that allows them to improve their
revenues in a cost effective manner"

As per leading analyst firm Gartner(1), "the market for
worldwide software as a service (SaaS) is forecast to reach $8 billion in
2009, a 21.9 % increase from 2008 revenue of $6.6 billion". Using Oracle to
power the w-SaaS platform, together the companies can provide a
cost-effective and flexible "SaaS enablement" alternative to the ISVs to move
to the SaaS delivery model.

Oracle has worked with Wipro to offer its comprehensive
technology stack to its ISV partners through this complete platform for
accelerated SaaS enablement. Wipro will benefit from the increased SaaS
market reach in collaboration with Oracle.

"We are delighted to team with Wipro to provide SaaS
solutions. The w-SaaS platform, which leverages Oracle application grid
products, will help our joint ISV customer base in their adoption of SaaS."
said John Gawkowski, Vice President, Platform Technology Solutions at Oracle.
"Oracle's strategy of delivering high value through complete and integrated
products fits well with the Wipro methodology, resulting in a proven and
optimal solution with speed, quality and value to the customer."

Wipro expects opportunities for this offering in North
America, with growth potentials in the emerging markets of Latin America,
Asia Pacific and Western Europe. Energy & utilities, retail, transportation,
healthcare and manufacturing sectors will be focus verticals. Organizations
can get more information about w-SaaS at
http://www.wipro.com/datadocs/pov/WsaaS.pdf.

About Wipro:

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is
the first PCMM Level 5 and SEI CMM Level 5 certified global IT services
organization. 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 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 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
http://www.wipro.com and http://www.wiprocorporate.com.

About Oracle:

Oracle (NASDAQ: ORCL) is the world's largest business software
company. For more information about Oracle, please visit our Web site at
http://www.oracle.com.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or
its affiliates.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects 
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 fluctuations in our earnings, revenue and profits, our ability to
generate and manage growth, intense competition in IT services, our ability
to maintain 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, our ability to successfully complete and
integrate potential acquisitions, liability for damages on our service
contracts, the success of the companies in which we make strategic
investments, withdrawal of fiscal governmental incentives, political
instability, war, legal restrictions on raising capital or acquiring
companies outside India, unauthorized use of our intellectual property, and
general economic conditions affecting our business and 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 http://www.sec.gov. We 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. We do not undertake to 
update any forward-looking statement that may be made from time to time by 
us or on our behalf.

(1) Gartner Press Release "Gartner says Worldwide SaaS Revenue to Grow 22
Percent in 2009" May 7, 2009. (http://www.gartner.com/it/page.jsp?id=968412)

Media Contacts:
    Wipro Technologies
    India
    Radhika Mahadevan
    Wipro Technologies
    +91-9945042603
    radhika.mahadevan@wipro.com

    Mangala Koti Singhal
    Gutenberg Communications
    +91-9686446789
    mangala@gutenbergpr.com

    US
    Eric Belove
    Wipro Technologies
    +1-732-216-6242
    eric.belove@wipro.com

    Lavanya DJ
    Gutenberg Communications
    +44-(0)212-239-8740
    lavanya@gutenbergpr.com.

    UK
    Rahul Kadavakolu
    Wipro Technologies
    +44-792-020-5496
    rahul.kadavakolu@wipro.com

    Shalini Siromani
    Gutenberg Communications
    +44-79-6066-3200
    shalini@gutenbergpr.com