Manthan Recognised Among Worlds Fastest Growing Technology Companies

Manthan Systems has been recognised as one of the fastest growing and dynamic companies in Asia and the world by Deloitte Touche Tohmatsu. Manthan was ranked No. 16 in Technology Fast 50 India 2007 and No. 95 in Technology Fast 500 in Asia Pacific 2007 in a list of 'Stellar Performers' selected from over 1250 technology companies that participated in this program.

Manthan's Chief Executive Offer and Managing Director Atul Jalan said, "We're very proud of this achievement. It is very encouraging for Manthan to be recognised among the fastest growing companies in India and the world. This recognition underlines our strong company performance across our products and services businesses, constant innovation in all aspects of the organisation, engaging the best minds in the business, and a rapidly growing customer base, all coming together to bring tremendous value to our stakeholders. Being named in the coveted Technology Fast 50 clearly demonstrates Manthan's consistent focus, execution and commitment to our customers, investors and our human resources."

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The Deloitte Fast 50 winners report quotes, "Despite challenging industry conditions in the Technology, Media and Telecommunications sectors, the companies profiled in this program have proved amazingly resilient and have achieved remarkable levels of revenue growth. Sustaining rapid revenue growth over the medium to long term is a major challenge and when achieved, creates enormous value for shareholders, employees and the local national economy."

The Deloitte Technology Fast 50 programs are conducted in the Asia Pacific countries, including Australia, China, Japan, Korea, India and New Zealand.