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Press Release

September 28, 2010

Virtusa Recognized on the Everything Channel Fast Growth 100 List for Third Year in a Row

Strong Partnerships and Commitment to Business Results Drive Company’s Growth

WESTBOROUGH, Mass – September 28, 2010Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced that it has been recognized by Everything Channel on the CRN Fast Growth 100 list for the third consecutive year. The ranking is based on two years’ growth of net sales from calendar year 2007 to calendar year 2009.

“The Fast Growth 100 are channel innovators and mavericks who are growing in considerable size and influence," said Kelley Damore, vice president, editorial director for Everything Channel. “As business-oriented IT consultants, these organizations work closely with customers to identify multi-vendor IT solutions to solve their business problems. We congratulate Virtusa on the company’s well-earned success.”

“We’re proud to be recognized by Everything Channel for our growth, but even prouder of the company strengths that are behind that success: strong partnerships, technical expertise, and above all, a single-minded focus on delivering business results,” said Kris Canekeratne, chairman and CEO of Virtusa. “Companies today need more than just stop-gap measures to reduce costs temporarily, and Virtusa provides an entire portfolio of services to help our customers solve complex challenges and drive lasting business results with end-to-end solutions.”

Virtusa maintains strategic alliances and partnerships with leading global organizations to provide the optimal mix of technology, process and delivery in solutions. Virtusa partners include IBM, Oracle, Microsoft, SAP and Pegasystems.

The Fast Growth awards will be presented Oct. 21 at the 2010 Fast Growth conference at the Hyatt Regency in Boston. To learn more about the Fast Growth 100, visit the Fast Growth Community at community.crn.com. The Fast Growth community is a forum for leading channel executives to exchange ideas, share best practices and engage in discussions about effective channel management programs. The forum features exclusive content such as blogs from the Fast Growth winners themselves.

 

Everything Channel
Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com.

About United Business Media Limited (www.unitedbusinessmedia.com)
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM’s businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Alex Nickols
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

Contacts
Jill Aaronson
Everything Channel
(516) 562-7847
Jillian.aaronson@ec.ubm.com

 

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