AppLabs Named as one of the 500 Fastest-Growing Technology Companies in Deloitte's Fast 500 Program

Nov. 27, 2008 - PRLog -- Philadelphia, Lindon, USA; London, UK; Hyderabad, India; November 28, 2008: AppLabs, the world's largest independent testing, quality management and certification solutions company, today announced that it has been named to Deloitte's prestigious Fast 500 Program for North America, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

Reflecting on the listing AppLabs’ President and CEO, Makarand Teje said “We are delighted to be amongst the top 500 fastest growing companies in North America. As a player in a very niche segment, being in this elite group is a significant achievement for us and this recognition is a testimony to us being on the right track for growing our business here.”

"Deloitte’s Technology Fast 500 recognizes companies who have achieved extraordinary growth in North America’s most innovative and competitive market sectors,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications.  "We congratulate AppLabs on this significant accomplishment."

In addition to ranking on Deloitte’s Technology Fast 500, AppLabs was recently named in both, Deloitte's Technology Fast 50, 2008, which is a ranking of the 50 fastest growing technology firms in Greater Philadelphia, and in Deloitte’s Fast 500 Asia Pacific 2008 list as well.

About AppLabs:

AppLabs is the world's largest independent testing, quality management and certification solutions company. 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. Clients include American Airlines, Experian, JP Morgan, VocaLink and National Australia Bank amongst others. Headquartered in Philadelphia, the company maintains advanced testing facilities in the US, India and the Europe. For more information, visit www.applabs.com

About Deloitte:

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about  for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Press Contacts:

India

Vijaya Lakshmi
AppLabs
Tel: + 91 402 355 8000
vijaya.lakshmi@AppLabs.com

Somit Biswas
Adfactors PR Pvt. Ltd.
Mobile: + 91 98737 23210
juhee.bagri@adfactorspr.com

UK

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

Luica Mak/Melissa Au
Red Consultancy
Tel: + 44 (0) 0207 0256500
applabsteam@redconsultancy.com

North America

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