Thinksoft Is 20th Fastest Growing Technology Company In India

Nov. 28, 2006 – Thinksoft is 20th fastest growing technology company in India / Is also ranked in 500 fastest growing technology companies in Asia Pacific

27th November 2006.

We are proud to announce that Thinksoft Global Services was named Number 20 in the Deloitte Technology Fast 50 India 2006, a ranking of the 50 fastest growing technology companies in India. To determine the fastest growing companies, Deloitte calculated the revenue growth percentage over three years. Making in this list is quite an accomplishment for Thinksoft Global Services. The company is also ranked in the Deloitte Technology Fast 500 Asia Pacific 2006, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings for Deloitte Technology Fast 500 Asia Pacific 2006 will be announced in December 2006.

Commenting on this achievement, CEO Asvini Kumar said “ We attribute this strong growth to our unique business model which is based on specialization and building expertise. Even when the market was down, we were firm in our belief that only this model is needed to reduce quality risks in outsourcing. Our differentiation comes from the two dimensional focus – Independent Testing in the financial domain. The domain knowledge coupled with testing core competency helps create best practices and testing methodologies tailor made for financial applications and products ”.

He adds “Operating as an ‘Assurance partner’ for the clients, Thinksoft plays a key role in helping it’s clients achieve their credibility in their market space. This is done by focusing on the business requirements early in the lifecycle of software development to minimize cost/quality risks in the development and maintenance lifecycle of the financial product. The overall cost saving for the client is significant hence global Financial giants appreciate our services and our growth in turn is triggered by this”.

About the internal strengths Asvini said that “All our initiatives are driven by the motivation to be ‘Best in class’. When global clients choose us as preferred testing vendor , it is the testimony to Business Model based on this philosophy. ”

He also stated that such excellence has been established and can be further stregthened going forward only by continuous improvement of offerings, engagement models, processes and metrics to suit the market needs.

— End —