Deloitte recognizes AppLabs as India’s 10th fastest growing technology company

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 5, 2007 -- Hyderabad, India; Philadelphia, USA; London, UK; November 26, 2007: AppLabs, the world’s largest independent quality management and testing company, today announced that it ranked 10th on Deloitte’s 2007 Technology Fast 50 India, a ranking of the 50 fastest growing technology companies. Recently, AppLabs ranked 45th Fastest Growing Company in North America on Deloitte’s 2007 Technology Fast 500 program.

AppLabs’ Chief Operating Officer, Makarand Teje said, “We are delighted to be amongst the top 10 fastest growing companies in India. As a player in a very niche segment, being in this elite group is a significant achievement for us and this recognition means that we are on the right track for growing our business here.”

The Deloitte Technology Fast 50 India 2007 program, conducted by Deloitte Touche Tohmatsu Asia Pacific, recognizes and profiles 50 fast-growing technology companies in India based on their percentage revenue growth over the last three financial years. It is part of a global program run in parallel with the other regional programs in EMEA (Europe, the Middle East and Africa), North America and Asia Pacific. It includes all areas of technology — from Internet to life sciences, from computers to semiconductors — and covers both public and private companies. Your company being nominated in this prestigious report by Deloitte is certainly a valuable way to receive the recognition your organization deserves.

About AppLabs

AppLabs is a global IT services company specializing in quality management, testing, and certification solutions. With over a decade of experience, AppLabs has become a trusted partner to more than 600 companies, providing both quality assurance and third-party validation. Customers include American Stock Exchange, Royal Bank of Scotland, VISA, Zurich, Experian and GE Money. AppLabs goes beyond technical expertise when it comes to IT services and offers customers rigorous risk mitigation processes, a singular focus on quality, expert project management, communication and global delivery capabilities. It is the first software testing company to get appraised at SEI CMMI Level 5, the highest quality standard attainable in software engineering. Headquartered in Philadelphia, the company maintains advanced testing facilities in the US, India and Europe. For more information, visit www.applabs.com.

Press Contacts:

India

Vijayalakshmi K
AppLabs
Tel: + 91 402 355 8000
Mobile: + 91 98490 83391
vijaya.lakshmi@AppLabs.com

Juhee Bagri
Adfactors PR Pvt. Ltd.
Mobile: + 91 98199 24234
juhee.bagri@adfactorspr.com

UK

Stephen Johnson
AppLabs
Tel: + 44 (0) 1772 885 850
stephen.johnson@AppLabs.com

Lucy King / Nicola Craft
Buffalo Communications
Tel: + 44 (0) 2072 928 692
AppLabs@buffalo.co.uk

North America

Peter Winicov
AppLabs
Tel: + 1 610 952 1369
peter.winicov@AppLabs.com

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