RateGain in Top 20 of Deloitte Technology Fast 500 Asia Pacific 2007 List

RateGain IT Solutions today announced that it has been ranked 16th in the Deloitte Technology Fast 500 Asia Pacific 2007 list

Noida, UP, December 11, 2007 /India PRwire/ -- RateGain IT Solutions today announced that it has been ranked 16th in the Deloitte Technology Fast 500 Asia Pacific 2007, a ranking of the 500 fastest growing technology companies in Asia Pacific. RateGain had already topped the Deloitte Fast 50 India 2007 list earlier in November 2007.

The event, now in its sixth year, was held at the InterContinental Hotel in Hong Kong. The awards ceremony included a first-ever panel discussion featuring 5 winning company CEOs, which included RateGain’s CEO Bhanu Chopra. Tailored for the C-suite of the winning companies, the interviews addressed a series of key industry-specific topics.

RateGain's CEO Bhanu Chopra said “We are excited to receive this award and be the first Indian company to be amongst top 20 in AsiaPac for the first time in 3 years. Our focus will now be to carry this growth momentum into 2008 by looking at both organic and inorganic opportunities.”

The Deloitte Technology Fast 500 Asia Pacific program recognizes technology companies that have achieved the fastest rates of annual revenue growth in the Asia Pacific region during the past three years. It includes those companies based in Australia, China, Hong Kong SAR, India, Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore, South Korea, Taiwan, Thailand and Vietnam. The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area and is sponsored by Deloitte's Technology, Media & Telecommunications (TMT) global industry group.

Notes to Editor

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas—audit, tax, consulting, and financial advisory services—and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names.

About RateGain

RateGain is a Travel Technology Company offering innovative and value-driven e-business solutions to the hospitality and travel industry. The customer portfolio includes top Online Travel Agents, Airline, Accommodation Wholesalers and Hotels. Its solutions are in the areas of Revenue Management, Distribution, Sales and Marketing. RateGain is one of the fastest growing companies in the travel technology industry and since inception; it has introduced products with innovative features that offer unparalleled benefits to its consumers. Since it began operations in April 2004, RateGain has been continuously innovating and launching new products. For more information, please visit the company's Web site at www.rategain.com

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