QBurst Claims Fourth Win in Deloitte Technology Fast 500 Asia Pacific Program

Attributes its 145% growth to employees. End Quote

(1888PressRelease) December 17, 2015 - QBurst today announced that it ranked 314 on the Deloitte Technology Fast 500™ Asia Pacific 2015, a ranking of the 500 fastest-growing technology companies in Asia Pacific. QBurst has improved its position by 60 points this year. Rankings are based on percentage revenue growth over three years. QBurst grew 145% during this period.

QBurst has been featured in Deloitte Technology Fast 500™ for the past four consecutive years.

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership, "said Ichiro Nakayama, DTTL Leader, Deloitte Technology Fast 500™ Asia Pacific program. "QBurst has shown the right calibre for growth."

In addition to ranking on the Deloitte Technology Fast 500™, QBurst ranked 36th on the India Deloitte Technology Fast 50, which is a ranking of the 50 fastest-growing technology firms in India. In this year's ranking,

QBurst, currently in its 11th year of operation, is one of the fastest-growing technology companies in Kerala. It has recently opened a 400-seater office in Technopark Phase 3 in Trivandrum and is in the process of expanding its office space in Kochi, Koratty, and Calicut. The expansion plans are expected to increase their headcount from the current size of 1250 to 2000 by the end of 2016.

Niranjana Nair, Director of Business Development, credits the dedication and hard work of employees to QBurst's success in the Deloitte rankings. She said, "This is the fourth time we are winning this award. This wouldn't have been possible without the dedication and hard work of each and everyone at QBurst."

Deloitte Technology Fast 500™ Asia Pacific selection and qualification
The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least $50000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About QBurst
QBurst is a global product development and consulting company with a strong focus on new-generation technology platforms. The company provides services around mobile and web development, big data analytics, cloud, DevOps, testing, and user experience design.

QBurst is a 100% export-oriented undertaking duly licensed by the STPI (Software Technology Parks of India) vide permission number STPT/IMSC/536/P/2005-06/020 dated 29th March 2011. The company is located in Electronics Technology Park of Kerala (Technopark, Trivandrum) with additional SEZ units spread across Kochi, Calicut, Koratty, and Chennai. The company has a significant global presence with offices in the United States, the United Kingdom, Poland, the UAE, Singapore, and Australia.

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© 2015. For information, contact Deloitte Touche Tohmatsu Limited.

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