One97 Among India’s Fastest Growing Technology Companies

Ranks 10th in Deloitte’s Technology Fast 50 India 2009 Program

One97 Communications has been ranked 10th in the list of fastest growing technology companies in India by Deloitte Touche Tohmatsu Asia Pacific as part of the Technology Fast 50 India 2009 Program. The program awards and recognizes the 50 fastest growing technology companies in India based on their percentage revenue growth over the past three financial years. One97 has recorded a growth of 435 percent over the last three years.

On being conferred the honor, Vijay Shekhar Sharma, Founder and Managing Director, One97 Communications, said, “The award strengthens our mission to be the largest telecom application company. It reinforces our belief in the values that One97 is built on. One97 has always been a young, agile outfit that has responded to the market needs very fast and that is the DNA of One97. Delivering consistently, delivering fast and banking on disruptive innovation has contributed to the One97 growth and we will continue to deliver keeping the same mantra in mind.”

He added, “One97 is India’s largest and most widely deployed telecom application platform and services company and that has been made possible by being the home to the best talent in the industry. I dedicate this award to the One97 foot soldiers, who are constantly driven by creating customer delight.”

The Technology Fast 50 India winners get an automatic entry into the Deloitte EMEA Technology Fast 500 and get an opportunity to compete against the fastest growing countries in the region. The Technology Fast 50 India companies are expected to be change leaders in the field, companies who bring about change instead of reacting to it. It is expected that technology firms stay ahead of the innovation curve and continue to create long term investor value.

About The Technology Fast 50 India Program
The Technology Fast 50 India program, which was launched in 2005, is conducted by Deloitte Touche Tohmatsu (DTT), Asia Pacific, and is part of a truly integrated global program recognizing the world’s fastest growing and most dynamic technology companies (public and private companies) and includes all areas of technology – from internet to biotechnology, from medical and scientific to computers/hardware.

The program recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years. All valid nominations in the Deloitte Technology Fast 50 India program automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific program, which recognizes the 500 fastest growing technology companies in Asia Pacific. http://www.deloitte.com

About One97 Communications
One97 is India leading telecom application services provider with the most widely deployed applications platform reaching 100% mobile users in India. Every month over 300 million unique telecom subscribers perform over 5 billion transactions on this platform. Collaborating closely with telecom operators One97 works for enhancing their revenues and profitability. One97’s offerings include content, communication and community applications to consumers and enterprises. Headquartered in New Delhi and funded by Intel Capital, SAIF Partners and SVB One97 thrives on disruptive innovation in telecom application space. More information on One97 is available on www.one97world.com

One97 Communications Contact
Farheen Akhtar
One97 Communications Pvt. Ltd.
Phone: 91-120- 47770406
Email: farheen.akhtar@one97.net

Hanmer MS&L Contact
Senthil / Venkat
98848 76835 / 98413 13473
senthil.manoharan@hanmermsl.com/ venkat@hanmermsl.com

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