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Marlabs Ranked Number 379 Fastest Growing Technology
Company in North America on the 2003 Deloitte Technology Fast 500
Marlabs
Inc. attributes its 684Percent Revenue Growth to a relentless focus on
responsiveness to customer needs.
Edison NJ, 10th November, 2003 — Marlabs Inc. today
announced that it ranked Number 379 on the 2003 Deloitte Technology Fast
500, a ranking of the 500 fastest growing technology companies in North
America. Rankings are based on average percentage revenue growth over
five years, from 1998-2002. Marlabs grew 684% during this period.
Marlabs’ CEO, Siby Antony, credits ‘a relentless focus
on responsiveness to customer needs’ and ‘our continued investments
in R& D’ with the company’s 684% revenue growth over the
past five years. He said, “We are honored to be included in such
a distinguished list of companies for the second time. I share this success
with our committed employees and our customers who fueled this growth
by entrusting us with their mission critical business applications."
"Growing the top line enough to make the Deloitte Technology Fast
500 is especially meaningful during tough economic times for the technology
sector," said Mark A. Evans, national managing partner of Deloitte’s
Technology, Media & Telecommunications Group. "We congratulate
Marlabs on becoming one of the 500 fastest growing technology companies
in North America."
In addition to ranking 270 on 2002 Deloitte Technology Fast 500, Marlabs
was on the Fast 50 NJ list 2 years running. The Fast 500 list is compiled
from Deloitte’s 20 regional North American Fast 50 programs, and
to qualify for the Fast 500, entrants must have had 1998 operating revenues
of at least $50,000 USD and 2002 operating revenues must be at least $1
million USD.
About Marlabs Inc.
Marlabs Inc. is a business technology solutions and services 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 technology solutions for Healthcare, Finance
and Media industries. One of the fastest growing technology firms in NJ,
Marlabs is a full service provider with application development, managed
services and consulting services under one roof. Marlabs partners with
leading technology firms such as Microsoft, IBM, Oracle and Sybase to
ensure leading edge technology solutions for its clients. For more information
on Marlabs Inc., please visit www.marlabs.com.
About Deloitte.
Deloitte, one of the nation's leading professional services firms, provides
audit, tax, financial advisory services and consulting through nearly
30,000 people in more than 80 U.S. cities. The firm is dedicated to helping
its clients and its people excel. Known as an employer of choice for innovative
human resources programs, Deloitte has been recognized as one of the "100
Best Companies to Work For in America" by Fortune magazine for six
consecutive years. "Deloitte" refers to Deloitte & Touche
LLP and affiliated entities. Deloitte is the US member firm of Deloitte
Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association),
and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms
has any liability for each other's acts or omissions. Each of the member
firms is a separate and independent legal entity operating under the name
"Deloitte," "Deloitte & Touche," "Deloitte
Touche Tohmatsu" or other related names. The services described herein
are provided by the US member firm and not by the Deloitte Touche Tohmatsu
Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

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