Press Release

AGILIANCE AND WIPRO PARTNER TO DELIVER BEST-IN-CLASS IT GOVERNANCE, RISK, AND COMPLIANCE (IT GRC) SOLUTIONS WORLDWIDE

Strategic Partnership Designed to Help Organizations Rapidly Experience the Benefits of Comprehensive IT Risk and Compliance Automation

San Jose, California and Bangalore, India, December 12, 2007- Agiliance and Wipro Technologies, the global IT services arm of Wipro Limited (NYSE:WIT), which is also a leading provider of security solutions, today announced that they have entered into a global reseller partnership. Under the terms of the agreement, Wipro will be the leading integrator and reseller of Agiliance’s flagship IT governance, risk, and compliance (IT GRC) solution, Agiliance IT-GRC. The combination of Agiliance’s innovative technology and the deep domain expertise of Wipro’s Enterprise Security Services (ESS) consultants will ensure that customers fully leverage Agiliance IT-GRC to manage IT risk, increase operational efficiencies, and shorten time to compliance.

“Wipro has partnered with Agiliance to help meet the enormous demand across our customer base for help with their IT risk and compliance initiatives,” said Prasenjit Saha, vice president of the Enterprise Security Solutions practice at Wipro. “Our shared commitment to best practices, leading software, and tested frameworks will benefit our customers, which are extremely interested in using automation to streamline and optimize their risk and compliance investments.”

“Agiliance has developed an extremely comprehensive solution that allows for a wide set of operational improvements,” said Debashis Ghoshal, vice president of business development at Agiliance. “The extensive global security consulting, deployment, and management expertise of Wipro, as well as its proven service delivery model, will ensure that our customers apply our solution in a way that best matches their specific set of circumstances. Given that successful deployments are a function of people, process, and technology, partnering with Wipro will ensure that our customers find the right balance for their organization and tune Agiliance IT-GRC to deliver maximum value.”

The Wipro ESS practice has a large team of architects and consultants with domain expertise across various industries. Wipro helps clients develop robust risk management and governance based on industry best practices within an integrated control management framework. Leveraging Agiliance’s IT GRC platform and technology expertise in enterprise security, Wipro will be able to provide comprehensive solutions for its customer’s IT risk and security needs.

Just recently Agiliance announced the availability of version 3.0 of its flagship product. Agiliance IT-GRC 3.0 breaks new ground in risk and compliance management, by enabling organizations to proactively account for changes in their risk profile as their underlying IT infrastructure, processes, applications, and users change. Built to eliminate the risk and compliance information silos that result in operational inefficiencies and inadequate risk measurement, version 3.0 links IT risk to overall enterprise risk and delivers the process and policy automation required for real-time risk and compliance management. With these enhancements, Agiliance has delivered an industry first: a fully automated IT GRC solution capable of managing the entire IT risk and compliance life cycle.

 About Agiliance

Agiliance offers the most comprehensive and scalable solution for managing the interdependent disciplines of IT governance, risk, and compliance. Its flagship product, Agiliance IT-GRC, enables businesses to develop a holistic view of their IT risk and compliance posture in order to make better business decisions. The Agiliance IT-GRC platform is the first solution that combines a robust common control framework with sophisticated policy management, workflow, and automation, providing internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and shortening time to compliance. Founded in 2005, Agiliance is headquartered in San Jose, California, and is backed by Walden International, Intel Capital, SVIC, and Red Rock Ventures. For more information, please visit Agiliance at www.agiliance.com.
 

About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first global PCMM Level 5 and SEI CMM Level 5 certified IT services organization. It was recently assessed at Level 5 for CMMI V 1.2 across offshore and on-site development centers. Wipro is one of the largest product engineering and support service providers worldwide. It provides comprehensive research and development services as well as 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, offering system integration, network integration, software solutions, and IT services. It 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. For more information, please visit its Web sites at www.wipro.com and http://www.wiprocorporate.com.

Media Contacts
India:
Radhika Mahadevan, Wipro Technologies, +91 9945042603, radhika.mahadevan@wipro.com
Ranjani S. Roy, Gutenberg Communications, +91 9886377941, ranjani@gutenbergpr.com
U.K.:
Rahul Kadavakolu, Wipro Technologies, +44 792 020 5496, rahul.kadavakolu@wipro.com
U.S.:
Abhishek Mendiratta, Wipro Technologies, +1 732 789 8646 abhishek.mendiratta@wipro.com
D. J. Lavanya, Gutenberg Communications, +1 917 623 7793, lavanya@gutenbergpr.com

Elizabeth Safran
Bottom Line Communications
+1 408 348 1214
pr@agiliance.com