Wipro and GK Software AG Partner for Implementing SAP® Store Management Applications by GK

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company, and GK Software AG, a leading technology developer and provider of standard software for the retail sector, today announced a partnership designed to achieve fast and flexible implementations of SAP® Store Management applications by GK, for customers across the world.

The purview of this partnership covers leading store-operations software products, which are tightly integrated with SAP software. These include applications such as SAP Point-of-Sale by GK, SAP Open Scale Management by GK, SAP Store Device Control by GK, SAP Label and Poster Printing by GK and SAP Offline Mobile Store by GK, which offer state-of-the-art omni-channel capabilities for international retailers.

Wipro will offer end-to-end implementation services for joint projects. Wipro consultants have completed an advanced training program at the GK Software Academy in order to develop expertise in the software products, which will be key to this partnership. GK Software will provide consultancy services and customer support. The SAP Store Management applications by GK will be sold directly by SAP.

“This partnership is in line with our consistent focus on delivering real-time, transformational agility to our customers in the retail and consumer packaged goods industries,” said Natarajan Srinivasan, Global Head, SAP Application Services, Wipro Ltd. “Our partnership with GK Software AG will enable better collaboration across business functions to consistently provide end-to-end integrated solutions for omni-channel retailers. The solutions enabled by this partnership are capable of organizing thousands of stores and devices, hundreds of thousands of articles, and catering to millions of consumers, while providing a unified shopping experience,” he added.

Rainer Glaess, CEO of GK Software, commented, “The partnership with Wipro permits a very attractive joint product and implementation offer for retailers around the world. Wipro is a highly experienced partner with a strong global network that we expect will give our international customers confidence that industry-leading solutions will be implemented for them, on time and in a cost-efficient manner. For GK Software, the partnership offers the opportunity to scale our international business, further accelerating the growth of the company.”

“As a trusted SAP global service provider, Wipro is an ideal implementation partner for SAP Store Management applications by GK. We expect that the combined expertise between GK Software and Wipro will help achieve our shared vision of providing best-in-class, differentiated solutions to our retail customers across the globe,” said Lori Mitchell-Keller, senior vice president and head of Global Retail IBU, SAP.

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients to do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360-degree view of “Business through Technology” - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation, and an organization-wide commitment to sustainability, Wipro has a workforce of over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com.

About GK Software AG

GK Software AG is one of Europe’s leading technology developers and providers of standard software for the retail sector, and offers an extensive range of products for stores and enterprise headquarters. Thanks to its open software solutions in the GK/Retail Suite, which can be used with any platform and is fully programmed in Java, the company has established itself as one of the retail market’s leading providers of technology and innovations. Its software supports retail chains with numerous stores in optimally managing their business operations, offering them significant potential for saving costs and implementing customer loyalty programs, hence helping them improve their competitiveness.

The company employs 593 members of staff (as of September 30, 2014) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, Russia and USA. GK Software AG’s customers include many well-known retailers from both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Fressnapf, Hornbach, JYSK Nordic, Lidl, Loblaw, Migros, Netto Marken-Discount, Tchibo and Valora. The software is currently being used at 193,000 installations across approximately 37,300 stores in more than 38 countries. The company has grown rapidly in recent years, and its sales revenues totaled EUR 42.5 million in 2013. Since launching the company in 1990, the two founders Rainer Glaess (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK Software AG into a profitable company exhibiting strong growth.

Further information about the company: http://www.gk-software.com.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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Certain statements in this release concerning our future growth prospects 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 fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain 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 we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and 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. We 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. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

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Contacts:

Wipro Ltd.
Prathibha Das
+9180 39918073
prathibha.das@wipro.com
or
GK Software AG
Investor Relations
Dr. René Schiller
Phone: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
rschiller@gk-software.com

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