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SunTec Wins Deloitte’s First ‘Technology Fast 50 India’ Award

Trivandrum, India, 2 December, 2005. SunTec Business Solutions is pleased to announce that it has been awarded recognition by Deloitte as one of the top 50 fastest growing companies in India. This is the first time Deloitte’s award has been instituted in India to recognise companies with superior growth rates in this region. SunTec was chosen after a rigorous selection process that included a strict scrutiny of the company’s finances and revenue growth over the last three years.

Mr. K. Nanda Kumar, President and CEO of SunTec, commented: "We are greatly honoured to be recognised by Deloitte for both our growth performance and strong corporate fundamentals. Our sustained revenue growth is a testament to the quality of our products and our service offerings. It also confirms that we are able to deliver the kind of competitive-edge solutions that our telecommunications and financial services clients need to succeed in a rapidly-changing marketplace. Overall, we look well set to continue our growth momentum by adding new clients and strengthening our market position."

Winners of the Deloitte Technology Fast 50 India will automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific 2005, a programme that annually recognises the 500 fastest growing technology companies in the region.