Speedera Networks and Wipro Net Form Strategic Partnership.

Business Editors/High-Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--May 14, 2001

Pact Enables Wipro Net to Bring Benefits of Streaming Services

to its Customers in India and South-East Asia Markets

Speedera Networks, Inc., the world's first provider of integrated streaming media, web content delivery, failover and global load balancing services for the Internet, announced today a strategic partnership with Wipro Net Ltd, the Internet Services Provider (ISP) arm of Wipro Corporation (NYSE:WIT) and one of the largest ISPs in the Indian market. The partnership signifies Speedera Networks' increasing market share in the fast-paced streaming services arena. Speedera has a global network, with enterprise customers worldwide, and is also the largest content delivery services provider in India, with broad deployment throughout Indian service provider networks in major metropolitan cities.

As the demand for fast and reliable Internet streaming services increases, organizations throughout the world are looking to their partners and industry experts to help them utilize this leading edge technology. With Speedera Networks' streaming expertise, coupled with Wipro Net's Internet based communication services in 32 cities (plus three data centers in Mumbai, Bangalore and Delhi), this partnership uniquely positions Wipro Net to be the leading streaming services provider in India.

"As the premier corporate communications and data management solutions provider in the Indian market, we are bombarded with requests from our customers to host and stream content. We have a reputation as a reliable and secure communications services provider and this was paramount in our thinking as we looked to our partners and colleagues to help us to provide these streaming services," said P. Muralidharan, head of Sales and Marketing for Wipro Net. "Speedera Networks enjoys a similar reputation and upon reviewing their company background and technology infrastructure, it was clear that a partnership between our companies would be very beneficial for our customers."

Speedera's global network reach includes points of presence in the Americas, Europe and Asia, including multiple points of presence in India's major cities. The company's position as India's leading provider of content delivery, streaming and availability services -- with premier accounts such as Rediff (Nasdaq:REDF), Satyam Infoway (Nasdaq:SIFY), Times of India, Indya.com, Fabmart and go4i.com -- make it an ideal partner for Wipro Net.

Abhay Dubey, vice president of International Sales for Speedera, added, "It is one thing to say you offer streaming services and another to be able to do it consistently, reliably and with high quality. We've developed a global network infrastructure that builds on our Global Traffic Management platform, enabling the level of service that Wipro Net customers have come to expect. Working with Wipro Net is a major success for us and we look to this region to be a strategic market for us as we move forward."

India represents a significant market for Internet services, with Internet user growth per capita expected to rocket 461% during the period 2000-2005, according to Computer Industry Almanac, Inc. During the same period, computers per capita in India will grow at a rate twice that of the Asia-Pacific region as a whole. India also has the world's third largest pool of scientific and technical personnel, an important driver for the expansion of Internet usage within the country. Cities in India such as Bangalore, Mumbai (formerly Bombay) and Hyderabad represent major concentrations of world-class high technology companies, which are heavy consumers of Internet services.

About Wipro Net

Wipro Net is a subsidiary of Wipro Corporation, which serves customers in high value information technology software, services and systems, consumer care and lighting brands, and healthcare technology services. It is the only ISP with ISO 9002 certification for network management, service implementation and customer relationship management. Wipro Net is in the business of communication solutions and data management services. Some of the product offerings include Managed Security and Network Services, CoHosting, WAN risk management services, Messaging solutions, content delivery and streaming services. For more information please contact P. Muralidharan, [phone]/65, Wipro Net Limited, 10th Floor, Du Parc Trinity, 17, MG Road, Bangalore-560 001.

About Speedera Networks

Speedera Networks, Inc. is a leading provider of managed services for improving enterprises' web presence through superior performance, quality, availability and scalability, while reducing costs. The company's edge delivery network is deployed in the Americas, Europe and Asia, with connectivity to hundreds of carriers' networks. Speedera's Universal Delivery Network features a unique set of next generation streaming, content delivery, failover and global load balancing services, all based on a common global traffic management infrastructure. The company's customers and partners include Global 2000 companies, service providers, web hosting providers and other organizations worldwide. Speedera's head office is located at 4800 Great America Parkway, Santa Clara, CA, USA 95054-1227. For more information about Speedera, please call 408/970-1500, visit http://www.speedera.com or e-mail [e-mail].