Wipro licenses IEEE 1394 AVLINK Software Stack to Zoran for Digital Video Recorder Application

Bangalore, August 4, 2004 -- Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT), today announced the licensing of its IEEE 1394 Audio Video LINK (AVLINK) software stack to Zoran Corporation, a leading provider of digital solutions-on-a-chip for applications in the growing digital entertainment and digital imaging markets.

"We chose Wipro to deliver Zoran a proven 1394 AVLINK software stack to ship in our DVD recorders," said Dr. Jinxing (Gene) Liu, vice president and general manager DVD division at Zoran. "We value Wipro’s commitment to quality and strong technical support."

Wipro has licensed its IEEE 1394 AVLINK software stack to Zoran and has backed it up with extensive customization support. Wipro’s AVLINK Software stack includes the AVLINK driver and bus manager, FCP/CMP, AV/C general command set, AV/C HDD sub-unit and camcorder controller sub-unit.

The increasing usage of digital televisions (DTV), digital video recorders, digital set top boxes and camcorders, has made the connectivity of these devices a major challenge. With its excellent peer-to-peer connectivity features, IEEE 1394 has emerged as the next-generation interface for peripheral products at home to provide the consumer one wholesome experience.

"We value our relationship with Zoran and their selection of our 1394 AVLINK software stack and this further enhances our leadership in 1394 solutions”, said Ramesh Emani, President, Embedded & Product Engineering Solutions, Wipro Technologies. “Our connectivity solutions portfolio includes IEEE 1394, USB, ethernet and wireless LAN. We continue to invest in the 1394 market and the coming year will see us growing our portfolio of 1394 solutions" he further added.

Wipro has a leadership position in connectivity solutions particularly in IEEE 1394 with a comprehensive suite of IPs consisting of both 1394a and 1394b link layer and physical layer cores. Wipro’s IEEE 1394 software solutions have been successfully ported to Wipro’s own IP cores and to off-the-shelf 1394 chips including those from TI and Fujitsu.

About Wipro Limited

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. More information is available at www.wipro.com, www.wiprocorporate.com & www.wipro.co.in

For more information about Zoran, please visit www.zoran.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 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 visit our websites at www.wipro.com, www.wiprocorporate.com & www.wipro.co.in