Wipro Bolsters Quantum's Software Engineering and Design Services

11/10/2004 - Quantum Corp. (NYSE:DSS), a global leader in storage and Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) announced a strategic agreement in which Wipro will provide engineering and software design services to augment Quantum’s internal storage systems resources.

With the partnership, Wipro will share its expertise in developing feature enhancements, enabling Quantum to gain efficiencies through round-the-clock development and to continue bringing customer-driven innovation to its products. The agreement extends an ongoing relationship between the two companies where by Wipro has offered high-end storage solutions in India for the past four years using Quantum products.

“We are excited to extend our relationship with Quantum into the engineering services space,” said Divakaran Mangalath, CTO of Wipro Technologies. “Wipro’s strong storage practice, encompassing product engineering and systems integration solutions coupled with our proven global delivery model and quality processes, will enable Quantum to rapidly roll out its leading-edge tape and disk-based products.”

This agreement reflects Quantum’s continued momentum and commitment to growing its presence in the Indian marketplace. “Expanding our presence in India and strengthening our relationships with partners like Wipro is a key component of Quantum’s strategic efforts in the region,” said Emil Kobylarz, managing director of Quantum’s Asia Pacific Region. “The combination of Quantum’s storage leadership and Wipro’s long-standing expertise in implementing Quantum solutions and end-to-end product engineering capabilities will further Quantum’s focus on delivering industry-leading backup, recovery and archive technology.”

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 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, among others. More information is available at www.wipro.com.

About Quantum
Quantum Corp. (NYSE:DSS), founded in 1980, is a global leader in storage, delivering highly reliable backup, recovery and archive solutions that meet demanding requirements for data integrity and availability with superior price/performance and comprehensive service and support. Quantum is the world's largest supplier of half-inch cartridge tape drives, and its DLTtape® technology is the standard for tape backup, recovery and archive of business-critical data for the mid-range enterprise. Quantum offers the broadest portfolio of tape autoloaders and libraries and is one of the pioneers in the disk-based backup market, providing solutions that emulate a tape library but are optimized for backup and recovery. Quantum sales for the fiscal year ended March 31, 2004, were approximately $808 million. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.

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