Press release from Business Wire India
Source: WIPRO
Wednesday, February 16, 2011 07:30 PM IST (02:00 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Wipro Technologies Expands Canadian Operations
Toronto, Ontario, Canada, Wednesday, February 16, 2011 -- (Business Wire India) -- Wipro Technologies, the Global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced the inauguration of a new office in Mississauga, Ontario, as part of an expansion plan for its Canadian operations. This office will serve as Wipro's Canadian headquarters as the company plans to intensify its focus on Canada, as one of the strategic geographies supporting Wipro's growth.
Wipro has been supporting customers in the Canadian marketplace since 1996. Expanding its presence through this new office in Mississauga, Ontario, will enhance Wipro's presence and bring the company closer to its customers. Wipro's intimate knowledge of the Canadian landscape combined with its global experience and insights will help it create and implement innovative solutions that help clients transform and achieve high performance.
"The opening of our office in Mississauga, Ontario not only extends our local presence in Canada, but also demonstrates our commitment to our customers and partners in the region. This move also strongly reflects the strategic importance of the Canadian market in Wipro's growth strategy," stated Chris Lord, Vice President and Country Head, Canada for Wipro Technologies. "Through more local offices and a strengthened local Canadian leadership team, we will be able to provide additional support and scale to our existing customers with even faster deployment times for resources at client sites."
"We are thrilled to have Wipro set up Canadian headquarters in Mississauga," said Mayor McCallion. "Wipro's strong global presence and level of commitment to the Canadian market make it a privilege to welcome them into our leading business community in Mississauga."
About Wipro Technologies
Wipro Technologies, a $6B division of Wipro Limited (NYSE:WIT), is one of the global providers of technology, consulting and business process outsourcing services operating in 54 countries around the world. Wipro provides industry leading comprehensive services, including systems integration, testing, information systems outsourcing, package implementation, software application development and maintenance, and end to end business process services to corporations globally enabling transformational business benefits well beyond cost reduction. Wipro's commitment to innovation and continuous improvement has resulted in reusable frameworks, components, and Intellectual property that speeds time to market and reduces the cost of innovation for our clients. Wipro is committed to Canada and is undertaking significant initiatives to extend its Canadian presence significantly through tangible client and partner relationships both domestically and globally. For more information please visit 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 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.
CONTACT DETAILS
Kathleen Ulrich, Wipro Technologies, +1 (732) 509-1337, kathleen.ulrich@wipro.com
Dirk Lewis, Wipro Technologies, +91 7760983976, dirk.lewis@wipro.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY
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