Geodesic ranked 7th at the Deloitte Technology fast 50 India 2006 program

Geodesic Information Systems Ltd has announced that the Company was awarded the 7th place in the Deloitte Technology Fast 50 India 2006 Program. Company has won the award for the second Consecutive year. Deloitte Technology Fast 50 India 2006 program - an annual exercise conducted by Deloitte to recognize the fastest growing technology Companies in India. It is a program that recognizes excellence, innovation and the fastest growing technology companies. The Company has been a winner in Deloitte Touche Tohmatsu Asia Pacific Technology Fast 500 program in the previous three consecutive years. The Fast 50 program supplements the broader Deloitte Technology Fast 500 initiative. Deloitte calculated the fastest growing Companies based on revenue growth percentage over last three financial years 2004 to 2006.

The award acknowledges and honors fast-growing technology Companies in the Technology, Media and Telecommunications (TMT) sectors across India. The ranking of the winning Technology Fast 50 Companies were announced at the award ceremony held in New Delhi on November 25.

"Being ranked the 7th fastest growing Indian Company in the TMT (Technology, Media, Telecom) space by Deloitte is an significant achievement for Geodesic. This achievement is attributed to all the stake holders including our employees, investors and customers without whose contribution the progress made by the Company would not have been possible." Mr Kiran Kulkarni, Managing Director of the Company, said.

Source : Equity Bulls

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