First Indian Lighting Company to win an International Design for Asia award
Wipro Lighting wins the coveted ‘Design for Asia Merit Recognition Award 2010’ in Product Design category for the most influential good design in Asia. The award was won for Wipro’s designer LED streetlight, Orio.
Orio is designed for illuminating secondary roads for large software campuses, IT/ITES facilities, industrial parks, educational campuses, commercial buildings and residential townships. This LED streetlight is a futuristic luminaire that harnesses the advantages of LEDs. It is dynamically sculpted and highly function driven. Orio LED streetlight’s contemporary aerodynamic form harmoniously gels with modern urban landscape and aids in city beautification.
Orio with its revolutionary LED technology reduces power consumption up to 50%. It uses high power, high efficiency LEDs and is offered in 12 W, 18 W and 24 W. Timeless aesthetics, long service life, energy efficiency, night sky friendly optics and 90% recyclability makes it a ‘Green by Design’ luminaire. Orio offers sustainable lighting solution for years to come and reiterates Wipro’s commitment to Eco Sustainability.
Commenting on the recognition, Mr. Parag Kulkarni, Vice-President & Business Head - Commercial Lighting and Furniture Business, Wipro said, “We see LED-based lighting as a big business opportunity. Wipro Lighting has adopted innovation and design as a way of life. Orio LED street lights are a result of this. It is a matter of great pride that Wipro Lighting is the first Indian lighting company to win an International Design for Asia award.”
About Design for Asia Award
Established in 2003 by the Hong Kong Design Centre (HKDC), Design for Asia Award aims to recognize the most influential good designs in Asia and provide an international platform for the designers. It attracts as many as 500 entries from 14 countries worldwide including Japan, China, India, South Korea and Thailand. DFA Award is adjudged on good design, influence in Asia and commercial success.
About Wipro Ltd
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. 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 websites at www.wipro.com, and www.wipro.in
Wipro's forward looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, 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, 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.
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