Glodyne Technoserve Limited was the winner in the Deloitte Technology Fast 500 Asia Pacific 2008 Program, an award which acknowledges and honors fast-growing technology companies across Asia Pacific.

The high profile awards ceremony, which was held in Hong Kong on December 11, 2008, was attended by winning companies from Australia, China/Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore and Taiwan.

The Company has received this prestigious award for the second consecutive year. This award is testimonial of Glodyne’s strong growth story. Earlier the company was declared winner in the Deloitte Technology Fast 500 Asia Pacific 2007 and 2005 Program.

Glodyne has also been declared winner in the Deloitte Technology Fast 50 India 2008 Program, making it one of the fastest growing Technology Services company in the country. Commenting on the awards received Mr. Sarnaaik said “These awards are recognition of our efforts and winning them motivates us to our focus harder on our goals.”

The event included the presentation of awards to winning companies, the release of dynamic new industry research and insightful contributions from guest speakers, industry specialists and peers on the success factors for fast growing companies and issues facing them as they continue their growth.