InfoVista and Wipro Expand Partnership to Support Growing Carrier Ethernet Market.Two Market Leaders Join Forces to Satisfy Demand for Business-Class and Residential Services PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. , France & HERNDON, Va. -- InfoVista (Euronext IFV IFV Infantry Fighting Vehicle IFV Incisive Formal Verifier (Cadence) IFV In Ferro Veritas (Latin: In the Sword is Truth; fencing organization and motto) IFV Innerschweizer Fussballverband - FR0004031649), the leading service-centric performance management software vendor, announced today that it has expanded its partnership with Wipro Technologies Wipro Tech (NYSE: WIT) is an information technology service company established in India in 1980. It is the global IT services arm of Wipro Limited (in operation since 1945, incorporated 1946). , the global IT services division of Wipro Limited (NYSE NYSE See: New York Stock Exchange :WIT), to include support for Carrier Ethernet implementations for its customers. This partnership allows both companies to leverage each others' strength and success in offering high-quality, service-centric reporting, fully integrated into the OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. and BSS See 802.11. BSS - Block Started by Symbol (Operations and Billing Support Systems) environments of carriers worldwide. Wipro and InfoVista will develop collaborative solutions targeted at service providers. The market for Carrier Ethernet is growing exponentially, forecast to reach $3 billion in 2009 by Heavy Reading, and service providers are fully engaged in incorporating this technology to deliver a robust alternative to traditional methods of data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . In addition, service providers also want to offer advanced management and OSS solutions to improve service accuracy and speed of rollout. Carrier Ethernet not only provides the scalability and flexibility needed for business-class services, it is also emerging as the main transport medium for residential services like triple play, which are in high demand. "Wipro is committed to supporting its service provider clients meet their current and future business challenges," said Sanjay Gupta
Sanjay Gupta (Hindi: संजय गुप्ता), born 23 October 1969, is a second-generation Indian-American physician and a , senior vice president, telecom solutions Americas, Wipro Technologies. "InfoVista's Carrier Ethernet performance management solution enhances Wipro's solution offering and will help support its customers in migrating to the next generation of service assurance solutions." VistaInsight([R]) for Networks is a next-generation performance management solution that enables service providers to adopt new OSS business models around the delivery of differentiated IP connectivity, between any kind of device, with managed services or triple play offerings. The solution is preemptive pre·emp·tive or pre-emp·tive adj. 1. Of, relating to, or characteristic of preemption. 2. Having or granted by the right of preemption. 3. a. and proactive, going beyond real-time performance reporting to also provide capacity planning, guaranteeing the uptime of business services. "InfoVista's market leadership in providing proactive assured performance solutions for business-grade Carrier Ethernet services makes us an attractive partner for service Providers," said Ronnie Ray, vice president, corporate marketing and strategic projects for InfoVista. "At this time when Carrier Ethernet is experiencing explosive growth in enterprise and residential services, Wipro is expanding rapidly in the OSS integration space, and we welcome this evolution in our relationship." Wipro and InfoVista will be demonstrating InfoVista's Carrier Ethernet performance management solution, VistaInsight([R]) for Networks, at Billing & OSS World, McCormick Place in Chicago from 24th-27th April 2007. For more information and to view the live demo please visit the Wipro Technologies booth, number 106. About Wipro Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM PCMM People Capability Maturity Model PCMM Packet Cable Multi-Media Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI See CMM. V 1.2 across offshore and onsite development center's. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, 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 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 ADS' are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com http://www.wiprocorporate.com. About InfoVista InfoVista is the Service-Centric Performance Management Software Company that assures the optimal delivery of business-critical IT services. Driven by a uniquely adaptive and real-time technology foundation, InfoVista solutions improve business effectiveness, reduce operating risk Operating risk The inherent or fundamental risk of a firm, without regard to financial risk. The risk that is created by operating leverage. Also called business risk. , lower cost of operations, increase agility and create competitive advantage. Eighty percent of the world's largest service providers as ranked by Fortune[R], as well as leading Global 2000 enterprises, rely on InfoVista to enhance the business value of their technology assets. Representative customers include Bell Canada, Bharti, BNP Paribas, British Telecom, Cable & Wireless, Colt, Defense Information Systems Agency (DISA 1. (body) DISA - Defense Information Systems Agency. 2. (standard) DISA - Data Interchange Standards Association. ), Deloitte & Touche, Deutsche Telekom, France Telecom, Natexis, Savvis Corporation, SingTel, T-Mobile, Telefonica, Telstra and Voca. A Software Magazine 500 company, InfoVista stock is traded on the Eurolist by Euronext (FR0004031649). For more information about the company, please visit www.infovista.com. Cautionary Statement for Purposes of the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information contained herein, the matters discussed in this news release are "forward looking statements." These statements involve risks and uncertainties which could cause actual results to differ materially from those in such forward-looking statements; including, without limitation, risks and uncertainties arising from the rapid evolution of our markets, competition, market acceptance of our products, our dependence upon spending by the telecommunications industry and our ability to develop and protect new technologies. For a description of other factors which might affect our actual results, please see the "Risk Factors" section and other disclosures in InfoVista's public filings with the US Securities & Exchange Commission and French Autorite des Marches Financiers. Readers of this news release are cautioned not to put undue reliance on any forward-looking statement. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. InfoVista is a registered trademark of InfoVista, S.A. |
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