ACL Wireless reinforces earlier victory
Hong Kong, December 08, 2005
Hong Kong, 08 December 2005 - ACL Wireless Ltd, a leading developer and provider of mobile applications, has further reinforced its position as the fastest growing technology company in India, by successfully securing the 15 th position in the ‘Deloitte Technology Fast 500 Asia Pacific 2005' program.
The highest ranked Indian company amongst the winners, ACL effectively rounded off a double victory, having already been ranked the over all winner in the Deloitte Technology Fast 50 India at a high profile awards ceremony in Mumbai recently.
The Asia Pacific rankings announced today at the Deloitte Technology Fast 500 Asia Pacific Awards ceremony in Hong Kong, saw some of the top names in the technology, media and telecommunications industry come together to honor the winners.
Speaking about ACL's brilliant performance, Mr. Sanjay Goyal, CEO ACL Wireless Ltd said, “We're very pleased to be receiving this recognition from Deloitte. In an intensely competitive market place, b eing the fastest growing technology company in our region and amongst the top 15 in Asia Pacific is a creditable achievement for the team. T his award recognizes the ingenuity, spirit and resilience shown by ACL to be amongst the best technology companies in the world.”
“The biggest challenge of managing high growth is coping with a constantly changing business landscape where new technologies, new companies and business models are emerging and replacing old ones”. “Also key is the challenge, especially in the Indian context, of retaining key people and finding new talent to grow in the tech space”, he added.
Elaborating further Mr. Goyal said, “Being able to identify and bet on the next opportunity in the technology space, building unique proprietary products and evolving a new highly scalable business model are the key reasons for ACL's resounding success.”
The Deloitte Technology Fast 500 Asia Pacific and Deloitte Technology Fast 50 India programs, with counterparts in North America, Europe, Middle East and Africa, are well-respected and now established amongst the most objective awards of their type globally in the technology, media and telecommunications Industry.
The Asia Pacific program covers companies based in Australia, China, Hong Kong SAR, India, Indonesia, Japan, Macau, Malaysia, Philippines, New Zealand, Singapore, South Korea, Taiwan and Thailand. It is in turn supported by the Deloitte Technology Fast 50, which ranks high-growth technology companies by country or specifically defined geographic area.
Rapid revenue growth is an achievement, but sustaining revenue growth over long periods is the ultimate challenge. The programs are a ranking of the leading technology companies in their respective regions and are based on the average revenue growth rates over a three-year period.
ACL demonstrated a steadfast 2102 per cent revenue growth over the past three years to emerge the best performing Indian company both in the domestic as well as the Asia Pacific circuit.
About ACL Wireless
ACL Wireless Limited is a leading developer and provider of mobile applications for consumers as well as enterprises. It is the leader in the Instant Messaging & Community space in emerging markets across the globe, with 30 mobile operator customers across 18 countries. Moreover, it is one of the leading providers of Enterprise Mobility Solutions and Mobile Value Added services in India. Founded in 2000, the company employs 150 people and operates from its head office and R&D center in New Delhi, India, with regional offices in Mumbai, Shanghai & Dubai.
About Technology, Media and Telecommunications (TMT)
The Deloitte Touche Tohmatsu (“DTT”) TMT Industry Group consists of the TMT practices organized in the various member firms of DTT and includes more than 5,000 member firm partners, directors and senior managers supported by thousands of other professionals dedicated to helping their clients evaluate complex issues, develop fresh approaches to problems and implement practical solutions. There are dedicated TMT member firm practices in 45 countries and centers of excellence in the Asia Pacific, Americas and Europe Middle East Africa (EMEA). DTT's member firms serve nearly 85 percent of the TMT companies in the Fortune Global 500. Clients of DTT's member firms' TMT practices include some of the world's top software companies, computer manufacturers, wireless operators, satellite broadcasters, advertising agencies and semiconductor foundries – as well as leaders in publishing, telecommunications and peripheral equipment manufacturing.
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 150 countries.
With access to the deep intellectual capital of 120,000 people worldwide, Deloitte delivers services in four professional areas - audit, tax, consulting and financial advisory services and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients and successful, fast-growing global growth 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.
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ACL Wireless Limited
Corporate Communications
Tel: +91.11.2643 8813
Email: pr@acl-wireless.com |
