Wyse, Comat and ICICI Bank Develop Blueprint for Bridging the Digital Divide in India

Private Consortium Brings Critical Educational, Financial and Social Services to Rural Areas

San Jose, CA – 06/16/2005 - Wyse Technology, the global leader in network-centric computing, Comat Technologies, Ltd, a leading e-governance company based in Bangalore, and ICICI Bank, the largest private bank in India, are jointly announcing an initiative to deliver electronic access to vital educational, financial and social services in select rural areas in the state of Karnataka, India. The official kick-off of the project to deploy these "Rural Business Centers" (RBCs) will be on June 16, 2005. It marks the first step in an evolved approach to deliver the benefits of connectivity and information access to remote and rural areas, combating the inefficiencies of historically paper-based transaction and record-keeping systems. In the mission to bridge the 'Digital Divide', this initiative - which leverages the proven benefits of thin-client architecture - represents a significant breakthrough, delivering critical services to rural citizens in real-time.

"Comat is pleased to be working with its partners to bring a broad range of services to rural India," said Mr. Sriram Raghavan, President of Comat Technologies. "This is the first time these communities will be able to access and interact with leading private enterprises, such as ICICI Bank, and other service providers in the insurance and education sector. We look forward to helping more companies join the RBC network to bring additional services to rural communities. Comat's goal in this partnership is to improve access for rural citizens to services that will help them to develop and strengthen their economic position, educational status and access to healthcare. We're excited with this pilot deployment, and we fully intend to bring similar solutions to more communities around the nation."

"With this pilot deployment in Karnataka, we are empowering rural citizens with reliable access to government, as well as private sector services, including public records, social services and banking," stated Mr. John Kish, President and CEO of global thin client computing vendor Wyse Technology. "Wyse's secure, robust devices are ideally suited for the project; by combining our thin client technology with the experience and resources of our valued regional partners, we can deliver unparalleled information access to citizens in remote areas, offering services that have been traditionally inefficient and time-consuming. We see this as the 'rural services' blueprint for populations in developing nations everywhere." Wyse has additionally shown its commitment to India with the establishment of Wyse Technology India, which has a 24,000 square foot, state-of-the-art facility serving dual purposes as both a global research and engineering center, and as the domestic headquarters for sales of the company's thin client computing products.

Collaborating with Wyse Technology and Comat are ICICI Bank, the International Finance Corporation (IFC), and other global organizations. The goal of this public-private partnership is to bring access to social, educational and financial services directly to rural communities across the nation, in a secure, simple, and reliable manner. With this model, any individual will be able to manage finances in a personal bank account, purchase insurance, obtain government forms, or take vocational education classes.

Mr. Nachiket Mor, Executive Director, ICICI Bank commented, "Technology is in our DNA and in our view Internet based channels are key to the delivery of financial services in rural India. ICICI Bank has over 2,000 rural Internet kiosks across India and we plan to increase this number significantly to cater to people at all levels of economic development. We are happy to be working with our partners to bring a variety of secure banking services to people in Karnataka."

Mr. Andi Dervishi of the Global Information and Communication Technologies of the World Bank Group said: "The World Bank Group is constantly looking for innovative approaches to finance in a sustainable fashion the narrowing of the digital gap between nations, social strata, as well as, urban and rural populations. IFC is keen in identifying and financing such commercially attractive opportunities, and then leveraging the experience and the partnerships to replicate, where possible, the generated success."

About Comat Technologies, Ltd.

Comat Technologies is an IT business solutions company that serves government, healthcare and legal support services industries. The company specializes in e-governance projects that are guided by sustainable principles that adhere to the triple bottom line. Through its partners in business and government, Comat is committed to pursuing its mission to enhance the quality of life of rural citizens around the world by offering them IT-based financial, educational and improved healthcare options. Founded in 1993, Comat is a private company with consistent strong financial results. The firm has one of the lowest attrition rates in the industry. Comat is headquartered in Bangalore, with offices worldwide. For more information, visit the Comat Technologies website at: http://www.comat.com.

About ICICI Bank ICICI

Bank is India's second-largest bank with total assets of about Rs.1,67,659 crore ($39 Billion) at March 31, 2005 and profit after tax of Rs. 2,005 crore ($466 Million) for the year ended March 31, 2005. ICICI Bank has a network of about 560 branches and extension counters and over 1,900 ATMs. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. For more information, visit the ICICI Bank website at: http://www.icicibank.com/

About Wyse Technology

Wyse Technology is the global leader in Cloud Client Computing. The Wyse portfolio includes industry-leading thin, zero and cloud PC client solutions with advanced management, desktop virtualization and cloud software supporting desktops, laptops and next generation mobile devices. Cloud client computing replaces the outdated computing model of the unsecure, unreliable, energy-intensive and expensive PC, all while delivering lower TCO and a superior user experience. Wyse has shipped more than 20 million units and has over 200 million people interacting with their products each day, enabling the leading private, public, hybrid and government cloud implementations worldwide. Wyse partners with industry-leading IT vendors, including Cisco®, Citrix®, IBM®, Microsoft, and VMware® as well as globally-recognized distribution and service partners. Wyse is headquartered in San Jose, California, U.S.A., with offices worldwide.

For more information, visit the Wyse website at http://www.wyse.com or call 1-800-GET-WYSE.

* All brands and names mentioned herein are trademarks of their respective holders.