CBay makes Deloitte Fast 500 list

MUMBAI: CBay Systems, a provider of healthcare business process outsourcing services and Indian transcription technology and services to the US healthcare market, today announced that it had, found mention in the Deloitte Technology Fast 500 club.

The ranking rates the 500 fastest growing technology companies in North America based on percentage revenue growth over the past five years. CBay Systems recorded 779 percent growth during this span.

"Making the Deloitte Technology Fast 500 for the second year in a row is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's media and telecommunications industry practice.

"Achieving sustained revenue growth of 779 percent over five years is a tremendous achievement. We congratulate CBay Systems on being one of the 500 fastest growing technology companies in North America."

Inclusion on the nation-wide Fast 500 list follows CBay's recent

acknowledgement as a member of the Deloitte Technology Fast 50 in

Maryland. This list highlights the 50 fastest growing technology

companies in the state of Maryland for 2005.

The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research.