Marlabs Inc. Named One of New Jersey’s Fastest Growing Technology Companies for the second year in a row as part of the Deloitte & Touche “Fast 50” Program.
The CEO of Marlabs, Siby Antony, credits the commitment and dedication of Marlabs employees and the continued focus on R&D for the company’s growth from 1998–2002. He said, “I take this opportunity to thank our employees and customers who made Marlabs Inc. a success.” Marlabs Inc. has been providing technology services and solutions to prestigious companies in the state as well as nationally for over 7 years, and today its clients include a broad spectrum of Fortune 500 as well as small to midsize companies such as Campbell Soup Company, Siemens, Fifth Third Bank, ACR, J P Morgan Chase, Y&R / Ford Motor Company, Baylor Health Care System to name a few. Marlabs' increase in revenues of 684 percent from 1998 to 2002 resulted in a ranking of 18th overall in the Fast 50 for New Jersey. “The Deloitte & Touche New Jersey Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,” said Paul Mlynarski, Tax Partner and Chair of the New Jersey Technology Fast 50. “We applaud the successes of Marlabs Inc. and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.” To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in New Jersey, and be "technology companies," defined as companies that own proprietary technology which contributes to a significant portion of the company’s operating revenues or devotes a high percentage of effort to research and development of technology. Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com. About Marlabs Inc. One of the fastest growing technology firms in NJ, Marlabs focuses on outsourcing IT services, custom application architecture & development, document and content management systems, web services, and business intelligence solutions. In addition, Marlabs also offers hosting and managed services from its Austin center as well as technology staff augmentation services to select clients and partners. Marlabs partners with leading technology firms such as Microsoft, IBM and Oracle to ensure leading edge technology solutions for its clients. For more information on Marlabs Inc., please visit www.marlabs.com. About Deloitte & Touche |