On being conferred this recognition, Madan Padaki, CEO, MeritTrac Services, said, “MeritTrac has always been at the forefront of innovation and this has translated into a robust growth in revenues as acknowledged by Deloitte. This award follows close on the heels on MeritTrac being conferred the Red Herring 100 Asia award for technological innovation and is a testament to the impact created by the company within a short span of time.”

The Deloitte Technology Fast 50 India list is compiled from Deloitte’s Technology Fast 50 India program. The awards list is compiled based on revenue growth over the past 3 years and represents success in technological innovation in business.

MeritTrac has shown a robust revenue growth for the 3 year period from ’05 to ’07. This growth can be attributed to the increased adoption in the market of scientific assessment tools and MeritTrac’s innovative delivery mechanisms. While a lot of this growth has been fuelled by the IT/BPO space, MeritTrac has added over 70 customers in other verticals like BFSI, Retail, Manufacturing, Healthcare and the PSUs. Mr. Padaki opined that usage in other sectors has been increasing and future growth will be driven by business in these sectors. He was also of the opinion that huge opportunities lay in the Individual Certification and Education Assessment space which MeritTrac was tapping through specialized offerings.

Recipients were presented the award by Deloitte in Mumbai at an awards ceremony.

Source: Press release distribution via India PRwire

About Deloitte Asia Pacific

Deloitte member firms in Asia Pacific have over 23,000 people providing audit, tax, consulting and financial advisory services across Australia, Brunei, China, Guam, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, Marshall Islands, Micronesia, New Zealand, Northern Mariana Islands, Palau, Papua New Guinea, the Philippines, Singapore, Taiwan, Thailand and Vietnam.

With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte member firms in Asia Pacific serve some of the region’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies.

For more information, please visit www.deloitte.comand use the global site selector to locate the individual Asia Pacific member firm websites.

MeritTracä is India's Largest Skills Assessment Company. MeritTrac designs and delivers assessments to evaluate abilities, skills and knowledge for both corporate & individual customers. Since its inception in 2000, MeritTrac has assessed over 2 million candidates for over 150 clients across 75 cities pan-India forindustry verticals like IT, BPO, BFSI, Engineering, FMCG, Healthcare, Retail, Education, Manufacturing & PSUs among others.MeritTrac is neither a Placement/Recruitmentagency nor a Training firm,and is uniquely positioned as an "Independent" assessment company that provides quantitative inputs on the talent pool and helps in measuring competencies for specific roles. Its suite of scientifically designed assessments is used by corporates for pre-recruitment/employee assessments and by individuals for measuring their skills for employability. MeritTrac'sexpert test development teamhas generated over 75000 questions across 300 areas spanning Communication Skills (English & other Indian Languages), General Abilities, Domains Skills (Technologies, Engineering, Accounting, etc.) andPsychometrics.All testscan bedelivered in bothonline and offlinemodes under supervision.Online tests are delivered using OnTrac-a proprietary web-based testing engine. The company counts some of the world's most admired & respected companies like ABB, Accenture, Aricent, Cholamandalam DBS, Cognizant, Google, HAL, Honeywell, HP, HSBC GLT, IBM, ICICI Bank, ICICI Prudential, ITC, Microsoft, MindTree, NSE, SAP Labs, Satyam, TESCO, Wipro and Wockhardt. A Manipal Education Group (MEG) investee company, Bangalore-based MeritTrac has 450+ employees and 1000+ certified test administrators operating out of offices in all the metros. MeritTrac also operates 21 state-of-the-art online testing centers "MeritTrac Assessment Zones (MAZ)" across 16 cities with 1300+ online terminals. MeritTrac assessments have been delivered in Brazil, China, Costa Rica, Mauritius & Philippines. MeritTrac is represented by business partners in the USA & the Philippines.

In response to this growing need to protect consumers with a cost effective and easily deployed mutual authentication solution, Comodo launched its Mutual Authentication Solution. Based on PKI, recognized as one of the most secure environments by the FFIEC, Comodo MA solution uniquely provides a Best Practices approach to be fully compliant with FFIEC guidelines. This solution has been proven to be one of the fastest and lowest cost solutions on the market today with most Comodo customers becoming fully compliant within 4 weeks or less. This solution enables both consumer authentication of bank site before sensitive information is compromised and allows banks to verify consumer identity. By contrast, all two factor solutions do allow bank to authenticate the identity of the User - but do nothing to enable consumer authentication of the site identity that is outside the browser environment and thus "un spoofed." With non browser based verification, consumers are protected against mimics sites designed to steal information.

Comodo MA Solution

Comodo's patented SVT technology is at the heart of the Comodo Mutual Authentication solution and includes authentication processes for both sides of the transaction - consumer authenticating the bank and vice versa. Consumers can verify the legitimacy of the bank with a free digital reader called VerificationEngine (www.vengine.com). This effective, "spoof-proof" means to establish trust, authenticate identities and ensure a trusted transaction protects consumers because; a) Verification Engine automatically distinguishes between "good" high assurance padlocks which vet web business for legitimacy and "bad" low assurance padlocks and b) VE protects consumers by allowing them to verify specific Web content, (e.g. log-in box) automatically thus verifying site identity. To authenticate content, consumers simply roll their mouse over the content they want to authenticate and they will see a highly visible "green is good to go" border on verified content. Importantly, since the verification process takes place outside the browser, it protects consumers from mimic sites and fake indicators that can be spoofed within the browser.

Once consumers can verify the authenticity of the log-in box at a bank site, financial institutions can authenticate the consumer identity with Client Certificates on the users' PC. These PC certificates are one of the most cost effective, simple and fully compliant two factor authentication solutions available on the market. With this authentication technology, consumers can conduct online transactions with no change to their current, normal online banking behavior thus freeing banks (and consumers) from having to use tokens, image recognition solutions or multi layered passwords.

"Consumers can now be empowered to avoid most phishing and pharming attacks with a new level of security. By making this highly sophisticated solution highly accessible to credit unions and regional banks, we believe that Web content verification will become a trusted and standard part of a consumer's online process." said Melih Abdulhayoglu, President and CEO of Comodo. "SVT is a revolutionary approach to providing mutual authentication because for the first time consumers can proactively protect themselves against phishers and banks have an easy way to authenticate end users. Together, this breakthrough approach to mutual authentication is being adopted by community banks and credit unions as one of the most effective and efficient approaches to trusted online financial interactions."

Source: Press release distribution via India PRwire

About Comodo

Comodo is a leading global provider of Identity and Trust Assurance services on the Internet, with over 200,000 customers worldwide. Headquartered in Jersey City, NJ with global offices in the UK, Ukraine and India, the company offers businesses and consumers the intelligent security, authentication and assurance services necessary to ensure trust in online transactions.

As a leading Certification Authority, and in combination with the Digital Trust Lab. Comodo helps enterprises address digital ecommerce and infrastructure needs with reliable, third generation solutions that improve customer relationships, enhance customer trust and create efficiencies across digital ecommerce operations. Comodo's solutions include integrated Web hosting management solutions, infrastructure services, digital e-commerce services, digital certification, identity assurance, customer privacy and vulnerability management solutions. For additional information on Comodo - Creating Trust Online™ - please visit: www.comodo.com.