ARISTOS Logic: Press Releases

Aristos Logic Receives the Prestigious Applied Innovation Award for Business Excellence

Industry recognition for demonstrated leadership in the area of innovation, global sourcing and business transformation

Foothill Ranch, California – November 13,  2007 - Aristos Logic, the industry leader in RAID Storage Processor (RSP™) technology, announced today that the company was awarded the Applied Innovation Award for Business Excellence instituted by the International Association of Outsourcing Professionals (IAOP), the IT Association of America (ITAA) and Wipro Technologies.

The award was presented at an event alongside the Forbes-Wipro Innovation Conference in New York attended by Steve Forbes, President & CEO, Forbes Inc and Azim Premji, Chairman, Wipro Limited. Aristos Logic received the Jury’s Special Award for successfully taking its breakthrough idea from concept to reality. The company was selected as one of the twelve winners from a worldwide pool of 150 contestants.

“This award is a testimonial to the innovation brought about by the Aristos team. I would like to congratulate our team for delivering technology as well as business model innovations that have directly benefited our customers,” commented Anil Gupta, President and CEO of Aristos Logic. “We are very proud and gratified for being recognized by a jury of such distinguished industry experts.”

Azim Premji, Chairman, Wipro Ltd. said, "Wipro's Innovation ecosystem presents real innovation that is more likely to be about how people and process make day to day improvements in how the business operates. This in itself helps promote a culture of greater innovation within the business rather than enforcing innovation through paradigm shifts in product and services and this is what we want to recognize in other organizations today."

"The award winners are companies who are game changers, the leaders who have harnessed the power of collaboration and global delivery to benefit their customers, investors and the global economy. As the standard setting association for the outsourcing industry, we are very proud to be a partner in these awards,” said Michael F Corbett, Chairman, IAOP.

Commenting on the awards, Jeff Lande, Senior Vice President, ITAA said, “Innovation requires the right mix of inspiration and perspiration. This prestigious award recognizes the organizations and people who have changed the game for their organizations. ITAA is honored to put its experience in technology and global sourcing to work in helping to judge this contest.”

About Aristos Logic:

Aristos Logic is the leading supplier of RAID building blocks to the data storage industry. The company pioneered multi-protocol RAID Storage Processor (RSP™) technology and has delivered software and silicon solutions based on the RSP technology. The scalability of Aristos Logic’s products enable customers to leverage their designs across multiple product families ranging from cost effective internal RAID storage to high performance enterprise class storage systems targeted for the data center. Aristos Logic’s products have been deployed by industry-leading storage OEMs worldwide in high-density applications that require a compact footprint along with data protection and reliability. The Company is backed by a number of distinguished strategic investors as well as leading venture firms such as J. P. Morgan Partners (now Panorama Capital), Texas Pacific Group, Woodside Fund and Quicksilver Ventures.  For further information, please visit our Web site at www.aristoslogic.com.

About IAOP:

The International Association of Outsourcing Professionals (IAOP) is the global, standard-setting organization and advocate for the outsourcing profession. With 40,000 customer, advisor and provider members world-wide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn, more visit www.outsourcingprofessional.org.

About ITAA:

The Information Technology Association of America (ITAA) provides global public policy, business networking, and national leadership to promote the continued rapid growth of the IT industry. ITAA consists of over 300 corporate members throughout the U.S. The Association plays the leading role in issues of IT industry concern including information security, taxes and finance policy, digital intellectual property protection, telecommunications competition, workforce and education, immigration, online privacy and consumer protection, government IT procurement, human resources and e-commerce policy. ITAA members range from the smallest IT start-ups to industry leaders in the Internet, software, IT services, digital content, systems integration, telecommunications, and enterprise solution fields. For more information, visit www.itaa.org. ITAA is secretariat of the World Information Technology and Services Alliance, consisting of 70 IT trade associations around the world.

About Wipro:

Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally.

Aristos Logic Contact:
Vipul Mehta
Aristos Logic Corporation
T: (949) 380-3402
F: (949) 380-3499