SIFY ADDS WIPRO’S CORPORATE CONNECTIVITY CUSTOMERS AS PART OF WIPRO RESTRUCTURING

Extends leadership position in Corporate Connectivity Services

Sify Limited (NASDAQ National Market : SIFY) , India’s leading integrated Internet, Virtual Private Network and e-Commerce services company, and Wipro Ltd , (NYSE: WIT) , leading Global and Domestic IT Services provider (NYSE:WIT), entered into an agreement today, to migrate corporate connectivity customers of Wipro to Sify for an undisclosed sum.

Sify is the largest player in India in providing network services to business enterprises in the corporate sector. With Wipro’s corporate connectivity customer base migrating to Sify, it would be building a strong leadership position in the Indian market.

Wipro’s corporate network customers would run their business critical applications over Sify’s mission critical backbone network covering over 200 cities across India from 53 points of presence. Sify’s integrated end to end services include managed Internet Bandwidth, Multi Protocol Label Switching (MPLS) based Virtual Private Networks, Internet Telephony, Messaging services, Security expertise, website development and Hosting services. These high quality services are ISO 9001: 2000 certified for network services, datacentre operations and customer relationship management.

Mr. Ishwar Hemrajani, Chief Executive, erstwhile WiproNet and currently Chief Executive, Technology Products Division of Wipro Infotech, said: “ We believe that the IT industry is highly dynamic and is in a constant state of evolution. Wipro continually takes stock of its strategic interest in various businesses. This decision would help focus our attention towards core businesses and strategic clients. We are confident that with the alliance with Sify, we would be able to provide high levels of customer satisfaction”.

Mr. Rahul Swarup, President of Enterprise Solutions of Sify said: “Sify is looking forward to adding Wipro’s corporate connectivity customer base to its own list of blue chip customers using network services in India. This would provide Sify a strong leadership in an industry where ownership of customer relationship and service levels is vital. We are confident that the Sify team, with its millions of man-hours of experience in servicing customers, would be able to continue the service level and build on the relationship further”.

Wipro has Service Level Agreements to provide various ISP related services with over 200 customers. The agreement provides for the transfer of Wipro’s corporate network customers together with the rights and liabilities under the Service Level Contracts.

Wipro has decided to restructure its corporate connectivity business that was being carried on by Wipro Net, a part of Wipro Infotech. As part of this restructuring, the corporate connectivity business will be discontinued. Wipro’s customers will have a smooth migration path as a result of the agreement signed with Sify. In future, Wipro will continue to provide Remote Management Services, Managed Network Services and Managed Security Services to its clients. In addition, for its strategic customers, Wipro would provide end- to- end IT and communications services, with Sify providing and managing connectivity services.