Mumbai (Maharashtra), November 24, 2005 — Visesh Infotecnics Ltd. was declared a winner in the inaugural Deloitte Technology Fast 50 India 2005 program, a ranking of the 50 fastest growing technology companies in India. Rankings were based on three-year percentage revenue growth.
Receiving the Award at a glittering ceremony at The Grand Hyatt, Mumbai was Visesh Infotecnics' CEO and Managing Director, He said, “Visesh has been a creator of Intellectual Property and a Technology Innovator which has continued to create products focused on meeting customer needs. These products are being increasingly welcomed by the global market-place, resulting in the beginning of a high-growth era for Visesh and its investors. We believe in our Vision and are confident of setting new benchmarks in quality, performance and growth hereafter as well.”
The winning companies came from new and established businesses in the Technology Sector encompassing from Communications, Software, Semiconductors, Components and Electronics, Life Sciences, Internet and Computer Peripherals. The Deloitte Technology Fast 50 is part of a global Fast 500 program run in parallel with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.
Winners of the Deloitte Technology Fast 50 India 2005 program automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific 2005 program, which annually recognizes the 500 fastest growing technology companies in the Asia Pacific region.