AppLabs, the world's largest independent testing, quality management and certification solutions company, today announced that it has been named to Deloitte's prestigious Fast 500 Program for North America, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

Reflecting on the listing AppLabs’ President and CEO, Makarand Teje said “We are delighted to be amongst the top 500 fastest growing companies in North America. As a player in a very niche segment, being in this elite group is a significant achievement for us and this recognition is a testimony to us being on the right track for growing our business here.”

"Deloitte’s Technology Fast 500 recognizes companies who have achieved extraordinary growth in North America’s most innovative and competitive market sectors,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "We congratulate AppLabs on this significant accomplishment."

In addition to ranking on Deloitte’s Technology Fast 500, AppLabs was recently named in both, Deloitte's Technology Fast 50, 2008, which is a ranking of the 50 fastest growing technology firms in Greater Philadelphia, and in Deloitte’s Fast 500 Asia Pacific 2008 list as well.

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AppLabs is the world’s largest independent testing, quality management and certification solutions company. With over a decade of experience, AppLabs has become a trusted partner to more than 600 companies, providing both quality assurance and third-party validation. Clients include American Airlines, Experian, JP Morgan, VocaLink and National Australia Bank amongst others. AppLabs goes beyond technical expertise when it comes to IT services and offers customers rigorous risk mitigation processes, a singular focus on quality, expert project management, communication and global delivery capabilities. It is the first software testing company to get appraised at SEI CMMI Level 5, the highest quality standard attainable in software engineering. Headquartered in Philadelphia, the company maintains advanced testing facilities in the US, India and the Europe. For more information, visit www.applabs.com