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.

Edison, New Jersey – 1st October, 2003 - Marlabs Inc. has been named to Deloitte & Touche's prestigious “Technology Fast 50" Program for New Jersey, a ranking of the 50 fastest growing technology companies in the area, for the second year running. Rankings are based on the percentage of growth in fiscal year revenues from 1998-2002.

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.
Marlabs is a Business Technology services and solutions firm based out of Edison, NJ with development centers in Philadelphia, PA and Austin, TX and a Global Development Center in Bangalore, India. Marlabs specializes in developing, and implementing solutions across a broad spectrum of industries including financial, Media and Healthcare. Within Healthcare, Marlabs has developed products and solutions for providers, payers and intermediaries such as Third Party Administrators (TPA’s) and Managed Care Organizations (MCO’s).

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
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people to excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at  www.deloitte.com/us. For more information on the Technology Fast 50 and Fast 500 programs, please visit www.fast50.com.