AppLabs enters Deloitte Fast 500 list

HYDERABAD, INDIA: AppLabs, a provider in quality management and certification solutions announced on Friday, that it has entered to Fast 500 Program for North America, conducted by Deloitte LLP, a provider in professional services.

It ranks over 500 fastest growing companies in technology, media, telecommunication, and life sciences sector.

The rankings are based on the percentage revenue growth over five years from 2003-2007, said a press release.

Makarand Teje, president and CEO, AppLabs, 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,” he added.

"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, vice chairman and national managing partner for Technology, Media and Telecommunications, Deloitte LLP. "We congratulate AppLabs on this significant accomplishment."