For Immediate Release
Chennai, India: November 16, 2010 - FatPipe Networks™, the inventor and multiple patents holder of WAN optimization redundancy and security products, announced today that it won the prestigious Deloitte Technology Fast 50 India award, ranking number one, with a spectacular growth rate of 1,765%. The awards ceremony was held in Bangalore last Friday.
The Technology Fast 50 India awards, a preeminent awards program, is a ranking of India’s 50 fastest-growing technology media and telecom (TMT) companies in India based on percentage revenue growth over three financial years.
“We are truly honored by this unique and distinguished recognition. We feel this is a confirmation that the time is right for FatPipe to be focused on the Indian market,” said Dr. Ragula Bhaskar, Chief Executive Officer.
As part of an elite group of companies listed, FatPipe will also be listed in the Asia Fast 500, and its rank will be announced on December 2, 2010.
“The Deloitte Tech Fast 50 India programme has become a benchmark in the industry and these rankings help build credibility,” said Deloitte Touche Tohmastu India Private Ltd Senior Director P N Sunarshan. “It’s a positive sign that the top three companies this year have performed better than the toppers of the previous year,” he said.
About FatPipe Networks
FatPipe Networks is the inventor and multiple patents holder of technology that provides the highest levels Internet/ WAN reliability, fault tolerance, redundancy, security and acceleration. FatPipe’s line of products cover an array of features and benefits for companies that run mission critical Internet/WAN applications over any type of network infrastructure, including Data Centers and Disaster Recovery sites. Customer benefits include up to seven-nines WAN redundancy, reliability, and speed; dynamic load balancing, Quality of Service (QoS), and additional security; as well as data compression, acceleration, optimization, and IPSec capabilities.
FatPipe's core patented and patent-pending technology provides methods that enable high-speed data transfer through multiple lines, multiple ISPs, and backbones over the Internet or other WANs with seamless re-assembly of data streams. FatPipe holds seven patents for its technology. For more information, please visit: www.fatpipe.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK Private Company Limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
Contact
Hayley Elias
Marketing
FatPipe Networks
Tel: (801) 281 3434 ext. 2226
Email:hayley@fatpipeinc.com
FatPipe Networks™, MPVPN™, IPVPN™, and SPAM POLICE™ are trademarks of FatPipe Networks in the U.S. and other countries. All other trademarks and registered trademarks are property of their respective owners. FatPipe owns the following US Patents: No. 6,493,341; No. 6,253,247; No. 6,295,276; No. 6,775,235, No. 7,269,143, 7,406,048, and No. 7,444,506.
