Wipro Boosts Intellectual Property Capabilities to Enhance Business Strategy

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December 13, 2013
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Wipro Boosts Intellectual Property Capabilities to Enhance Business Strategy

BANGALORE, India and EAST BRUNSWICK, New Jersey, December 13, 2013 /PRNewswire/ --

            Recognized as One of Asia's Value Creation Leaders at the IP Business

                                         Congress

    Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and
outsourcing company today announced that it has been selected as part of the Asia IP
Elite, a groundbreaking research project conducted by Intellectual Asset Management
[http://www.iam-magazine.com ] (IAM)'s editorial team.

    (Logo:
http://photos.prnewswire.com/prnh/20121129/579804 )

    The IP Business Congress Asia (IPBC Asia) is an event that addresses IP value creation
and is hosted by Intellectual Asset Management (IAM). The audience comprises of senior
decision makers from major IP-owning companies, as well as investors, aggregators and
intermediaries, and political, advisory and financial representatives. The IPBC Asia
programme focuses on how companies strategically use intellectual property to secure
greater operational flexibility, drive revenues, enhance bottom-line returns, increase
shareholder value and gain greater leverage in financial markets.

    Commenting on the occasion, Dr. Anurag Srivastava, Chief Technology Officer, Wipro
said, "Wipro has been recognized as one of the 48 companies in Asia and one of only two
Indian organizations that has consistently put intellectual property at the very heart of
corporate strategy. We will continue to drive this momentum around our Intellectual
Property, in line with our customers' changing business environment to ensure that they
are able to take advantage of any shift in their markets."

    The IAM editorial team researched the Asia IP Elite intensively for two months from
both a qualitative and quantitative perspective to understand whether companies are
engaging in constructive and sustainable use of intellectual property. The research
focuses on how IP assets are being utilized and integrated into a company's overall
business strategy.

    "Although Indian companies are beginning to acknowledge the importance of intellectual
property, Wipro is one of the two Indian companies that has been recognized as a leader in
this space and can compete on an international scale," according to the IAM Editorial
Team.

    Link to the research process: http://www.ipelites.com/asia/methodology

    About Intellectual Asset Management

    IAM was launched in 2003 and is a unique resource which focuses on the many ways in
which intellectual property and intangible assets can be used to drive corporate value.
In-depth articles, case studies, interviews and surveys, as well as a widely read blog,
provide a high-level corporate readership with cutting-edge insights into how intellectual
property and other intangibles create strategic advantage, build shareholder returns,
generate bottom-line revenue and provide greater leverage in the financial markets. With
its unequalled appeal to the boardroom, IAM has established itself as the only IP
publication that is principally read on a regular basis by senior corporate executives.

    About IP Business Congress

    In 2008 IAM hosted the inaugural IPBC in Amsterdam. This was followed by sell-out
events in Chicago (2009), Munich (2010), San Francisco (2011), Lisbon (2012) and Boston
(2013), the latter attracting a record 640-plus attendees. In 2012, IAM hosted its first
regional event in Beijing, focused on the Chinese market, attracting over 450 attendees.
The IPBC Asia in Singapore is the regional follow-up. The IPBC is widely acknowledged as
the world's pre-eminent IP business event brand and attracts high-level delegates from
industry, finance and investment, the law, academia and government, as well as IP
intermediaries and aggregators. The next IPBC Global events will be held in Amsterdam
(June 2014) and San Francisco (June 2015). The next IPBC Asia will be held in Shanghai in
December 2014.

    About Wipro Ltd.

    Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing
company that delivers solutions to enable its clients do business better. Wipro delivers
winning business outcomes through its deep industry experience and a 360 degree view of
"Business through Technology" - helping clients create successful and adaptive businesses.
A company recognized globally for its comprehensive portfolio of services, a
practitioner's approach to delivering innovation, and an organization wide commitment to
sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For
more information, please visit http://www.wipro.com.

    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.

       
        Wipro Media Contacts:

        Vipin Nair
        Wipro Limited
        +91-80-39916260
        vipin.nair1@wipro.com

        Dirk Lewis
        Wipro Limited
        +91-7760983976
        dirk.lewis@wipro.com

    Photo:
    http://photos.prnewswire.com/prnh/20121129/579804

Photo:http://photos.prnewswire.com/prnh/20121129/579804
http://photoarchive.ap.org/
Wipro Ltd

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