Deloitte’s 2010 Technology Fast 500 List:

Virtusa named

Fastest growing companies in North America:

Virtusa Corporation, a global IT services company that offers a broad spectrum of business consulting and outsourcing services, has been named to the Technology Fast 500, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Kris Canekeratne

This marks Virtusa’s inclusion on the list for the third time in four years. Rankings are based on percentage of fiscal year revenue growth during the period from 2005-2009.

“Virtusa’s inclusion on Deloitte’s 2010 Technology Fast 500 represents the company’s continued ability to deliver efficiency, agility, and technological expertise to help customers achieve measurable business results,” said Virtusa Chairman and CEO Kris Canekeratne.

“In an environment where businesses are facing increased challenges and pressures, Virtusa has remained committed to providing customers with cost-effective IT solutions, which in turn has driven our own growth as a company,” he said.

“Virtusa and the other 2010 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth,” said Vice Chairman and Deloitte’s U.S. Technology, Media and Telecommunications leader Phil Asmundson. “Deloitte commends Virtusa for this impressive accomplishment,” he said.

“Virtusa has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honour them as one of the 2010 Technology Fast 500,” said Deloitte & Touche LLP, Venture Capital Services, Managing Partner Mark Jensen.

Earlier this month Virtusa was recognized on the FinTech 100 List as a top technology vendor serving the financial services industry. In September, Virtusa earned a spot on Everything Channel’s Fast Growth 100 List of fastest growing integrators in the IT industry. The company was also recently recognized on the Global Services 100 List for the third consecutive year.