Diverse Lynx Ranked Number 17 in Deloitte's Technology Fast 50 Program for New York, New Jersey, and Connecticut

2008-10-27 21:02:46 - Diverse Lynx attributes cost effective quality IT solutions to its 2,158 percent revenue growth.

Princeton, NJ, October 23, 2008 - Diverse Lynx has been named to Deloitte's prestigious Technology Fast 50 Program for New York, New Jersey, and Connecticut, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

Shubhendra Varma, CEO of Diverse Lynx, credits the company's cost efficient quality solutions through an onsite offshore delivery model that resulted in repeated business for the company's 2,158 percent revenue growth from 2003-2007. Varma said, 'We are honored to be named in Deloitte's Technology Fast 50. This recognition acknowledges the hard work Diverse Lynx has invested into developing customized, cutting-edge IT solutions, clinical trials and data management services to satisfy our clients' needs.'

'Deloitte's New York, New Jersey, Connecticut Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment,' said Kevin Buckley, Technology Fast 50 Program Director, Deloitte Services LP. 'We applaud the successes of Diverse Lynx and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.'

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in New York, New Jersey, or Connecticut, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.


About Diverse Lynx
Diverse Lynx is a fast growing Information Technology and Clinical Research and Data Management Company focused on providing services to leading corporations and government agencies globally. Its IT division provides a litany of diverse services that include staff supplementation through workforce contracting, e-business consulting, web-based applications, Client Server Applications, network solutions and other in-house and offshore software developments. Its Clinical Trial & Data Management division offers clinical research outsourcing solutions to the global pharmaceutical industry and supports customers in their clinical trial management, safety, data management and regulatory affairs in the areas of Oncology, Central Nervous System, Cardiology, Nephrology, Infectious diseases and other therapeutic areas. Headquartered out of New Jersey, USA with an office in India, Diverse Lynx has collaboration throughout Europe as well as in Japan and Russia.


About Deloitte
As used in this document, 'Deloitte' means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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