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Synechron ranks amongst Top 250 Companies in the Inc. 500 List of Fastest Growing Companies - Records three-year growth of 1016.3%

Piscataway, NJ, 27th August 2007:

Synechron today formally announced that it has been featured in the 2007 Inc. 500 list of Fastest Growing SMEs. The Inc. 500, published annually by Inc Magazine, showcases the fastest growing, privately held companies in the United States across all domains and industries. The Inc. 500 award ceremony this year will be held September 6th through 8th at the Chicago Hilton with former President Bill Clinton slated to participate in the conference as a keynote speaker.

With a three-year growth percentage of 1016.3%, Synechron ranked a commendable 222nd from several thousand entrants in this prestigious annual survey. Synechron also ranked 23rd from the list of fastest growing IT Services companies and ranked 17th from the list of companies in the New York–New Jersey–Long Island area.

For the past 25 years, the Inc. 500 has been paying tribute to American entrepreneurial genius, recognizing and honoring the fastest growing, privately held companies across diverse industries and domains. The top 500 fastest growing companies are ranked on the basis of their three-year growth from 2003 through 2006.

Since inception in 2001, Synechron has been growing exponentially, recording over 100% growth in revenues almost every year. For the last two consecutive years, Synechron has also emerged as one of the Top 3 fastest growing IT solution & services firms in India according to a survey conducted by a leading national IT publication.

With several new services such as Remote Infrastructure Management and Business Intelligence/Data Warehousing being offered to its clients, and with the recent strategic acquisition of 110 Technologies, a New Jersey-based, high-end financial services firm, specializing in the Capital Markets domain, Synechron targets maintaining this dynamic growth for several years ahead.

About Synechron

Synechron is a Global IT Solutions & Services provider with a niche focus on the BFSI (Banking and Financial Services) space with headquarters in New Jersey, global offices in the US, and a state-of-the-art Development Center based in Pune, India. Synechron provides a range of IT solutions with a domain focus in Capital Markets, Insurance, Mortgage Banking and Internet Media & Technology. Services include development, customization, integration, maintenance, support, migration, automation, QA Services and KPO services. For more information visit www.synechron.com

Synechron Corporate Contact:

Siddharth Madhusudan for corporate communications


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