Westborough, Mass., September 18, 2006 Virtusa Corporation, a global provider of software development and IT services, has been named to Deloitte's prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.
Virtusa's Chairman and CEO, Kris Canekeratne stated: We are honored to be recognized by Deloitte in its Fast 50 program. We have reached this point by remaining focused on the largest and fastest growing segments of the IT services industry, and we remain committed to managing steady growth. This award is a testament to the hard work of all Virtusa employees around the globe.
About the Technology Fast 50
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are eligible to be entered into the Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com
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