Wipro Limited
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced a global reseller agreement with Wipro Limited (NYSE: WIT), a $1.35 billion global information technology (IT) services company
McLean, Va., (November 15, 2005) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced a global reseller agreement with Wipro Limited (NYSE: WIT), a $1.35 billion global information technology (IT) services company. With more than 42,000 employees worldwide, Wipro is a leading provider of integrated business, technology, and process solutions on a global delivery platform.
Under the new agreement, Wipro will resell MicroStrategy’s technology to its enterprise-scale customers covering a broad spectrum of industries. Wipro plans to dedicate a team of individuals who will become experts on MicroStrategy software and develop solutions around the MicroStrategy platform. In addition, MicroStrategy will be showcased in Wipro’s “Solution Center,” located at Wipro’s headquarters in Bangalore, India.
“Our global customers are continually looking for more efficient ways to utilize their vast amounts of business data to enhance corporate performance,” said Vivek Bhasin, Vice President, eBusiness and DataWarehouse, Wipro. “MicroStrategy’s integrated business intelligence platform is well-suited for Wipro’s enterprise-scale customers, with its scalability and flexibility to support global corporations with thousands of users and terabytes of data.”
“We are delighted to add Wipro to our portfolio of alliances,” said Tom Villani, MicroStrategy’s Vice President of Global Alliances. “By partnering with Wipro, we are able to leverage the breadth of their global presence and extensive experience in IT to help extend our customer reach, both domestically and internationally. Wipro customers cover a myriad of industries and we look forward to working with the Wipro associates to identify new business opportunities.”
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 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. For more information, please visit our website at www.wipro.com, www.wiprocorporate.com , and www.wipro.co.in
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks that could cause MicroStrategy’s actual results to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of MicroStrategy to implement and achieve widespread customer acceptance of its software on a timely basis; delays in MicroStrategy’s ability to develop or ship new products; market acceptance of new products; competitive factors; currency fluctuations; and other risks detailed in MicroStrategy’s periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy