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SunTec wins Deloitte Technology Fast 500 Asia Pacific 2005 Award

Trivandrum, India, December 8, 2005: SunTec Business Solutions has been recognised as one of the top 500 fastest growing companies in Asia Pacific by Deloitte in Technology Fast 500 Asia Pacific 2005 Program. The basic criterion for selection to the programme is the percentage revenue growth over the last three years, verified by Deloitte.

"SunTec feels privileged to be chosen as one of the 500 fastest growing companies in the Asia Pacific region. This recognition brings in a new level of confidence for us to perform better and deliver world-class solutions for the industry", said SunTec CEO, K Nanda Kumar.

SunTec earlier this month was announced winner of the Deloitte Technology Fast 50 India 2005 programme and was automatically qualified for participation in the Deloitte Technology Fast 500 Asia Pacific 2005 programme. Around 46 companies from the fastest 50 Indian companies were selected in this programme and SunTec is one of them. SunTec shares this honor with companies from Australia, China, Japan, Korea, Malaysia, New Zealand, Singapore, and Taiwan.

The Deloitte Technology Fast 50 India 2005 award was presented to Mr. K Nanda Kumar at an awards ceremony on November 24, 2005 in Mumbai. He will be receiving the Technology Fast 500 Asia Pacific award at an awards ceremony in Hong Kong on December 8, 2005.