22 October 2009

Virtusa Named to Deloitte's Technology Fast 500 List

22nd October 2009, www.dailynews.lk

Virtusa Corporation has been named to Technology Fast 500, Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This marks Virtusa's inclusion on the list for the second time in three years. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008.

"Virtusa's inclusion in the Deloitte Technology Fast 500 speaks volumes about not only our corporate culture and leadership, but also our ability to deliver IT solutions that provide positive business outcomes for customers," said Virtusa Chairman Kris Canekeratne. "Today's business environment demands agile, efficient, and cost-effective lean IT solutions. Our growth is a direct result of our ability to deliver business solutions that meet and exceed our customers' goals and objectives," he said.

"Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Deloitte LLP, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Phil Asmundson. "We congratulate Virtusa on this accomplishment," he said.

In September, Virtusa ranked as one of the Boston Business Journal's "100 Fastest Growing Public Companies" in the Boston area. The company also recently earned a spot on Everything Channel's Fast Growth 100 list for the fastest growing integrators in the IT industry.

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