Parasoft Signs Global Software Agreement with Wipro

Wipro to use Parasoft Jtest across its Global Development centers

Released on = September 14, 2005, 7:52 am

Press Release Author = Parasoft Corporation

Industry = Software

Press Release Summary = MONROVIA, CA – September 14, 2005 – Parasoft Corporation, a leading provider of solutions for automated software error prevention, announced a strategic global partnership with Wipro [NYSE: WIT], one of the world's largest and fastest growing global software services and consulting organizations. Under the terms of the agreement, Wipro will extend their implementation of Parasoft Jtest and adopt Jtest as a standard testing product for Wipro's Java development projects worldwide.

Press Release Body = Wipro will use Jtest to perform the industry-respected best practices of coding standard analysis and unit testing on Java code before they deliver it to clients. Wipro selected Jtest because it also enables them to achieve the following goals:

1. Automate and standardize the best practices that Wipro has developed for providing customers the highest quality code.
2. Deliver executable JUnit test cases to clients.
3. Effectively test project parts or components without having access to the complete application.
4. Ensure coding best practices are applied consistently by all Wipro developers worldwide.

"Over the years, Wipro has developed a tremendous knowledge base of best practices for preventing general and project-specific problems," said Thomas Chen, President of Parasoft Asia. "These best practices are key to their ability to provide clients with the highest quality code—an ability that separates Wipro from other outsourcing
organizations. In addition to automating industry-standard best practices, Jtest also automates Wipro's unique best practices to ensure that they are all performed thoroughly and consistently by Wipro developers worldwide."

"Jtest has evolved well to become a comprehensive Java unit testing tool," said Sambuddha Deb,Chief Quality Officer,Wipro. "Wipro has been using Jtest successfully for years, and it is the perfect fit for Wipro's enterprise-wide Java development needs. By using Jtest globally, we can increasingly satisfy our clients. Since Wipro
develops Java code that complies with industry standards and best practices it satisfies the functional requirements and does not crash when it is faced with unexpected or exceptional inputs. This will allow us to deliver top-quality code to clients faster and cost effectively."

About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 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 ADS’ 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, among others. For more information, visit www.wipro.com, www.wi
procorporate.com & www.wipro.co.in

About Parasoft
Parasoft is the leading provider of innovative solutions that automatically identify and prevent software errors from reoccurring in the development and QA process. Developed with Automated Software Error Prevention (AEP) methodologies, its award-winning, patented solutions enable software development organizations to reduce delivery delays and improve the quality, security and predictability of
enterprise applications. Parasoft has more than 10,000 clients worldwide, including Bank of America, Boeing, Cisco, Disney, HP, IBM, Lehman Brothers and SBC. Founded in 1987, Parasoft is headquartered in Monrovia, CA. For more information visit: www.parasoft.com.

Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our
ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic
investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Wipro may,
from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
# # #

Web Site = http://www.parasoft.com

Contact Details = Rachel Gross
Parasoft Corporation
101 E Huntington Dr.
Monrovia, CA 91016
Phone: 626.256.3680 x1239
Email: rgross@parasoft.com

 


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