< 2004 News Listings Yantra Ranked Number 369 Fastest Growing Technology Company in North America on the 2004 Deloitte Technology Fast 500 Attributes 498 Percent Revenue Growth to Industry Specific Customer Focus and Increased Demand for Synchronized Supply Chain Operations TEWKSBURY, MA November 10, 2004 Yantra Corporation, the leading provider of solutions for fulfillment excellence, today announced that it ranked Number 369 on the prestigious 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1999- 2003. Yantra grew 498 percent during this period. (Photo: http://www.newscom.com/cgi-bin/prnh/20000705/YANTLOGO ) Yantra's CEO, Devdutt Yellurkar credits Yantra's customer-centric approach and complete synchronized supply chain offering with the company's 498 percentage revenue growth. According to Yellurkar, "Yantra's commitment to helping organizations such as Circuit City and SYSCO transform their business and address customer needs through superior technology solutions has made us a leader in our market. We are honored to be recognized by the Fast 500 program for our efforts." "Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Mark Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "Yantra has shown the right stuff for growth." In addition to ranking on the Deloitte Technology Fast 500, Yantra ranked 30 on the New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New England. Fast 500 Selection and Qualifications The Fast 500 list is compiled from Deloitte's 19 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD. Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. About Yantra Corporation Yantra Corporation is a leading provider of solutions for Fulfillment Excellence. Yantra's Synchronized Fulfillment Solutions deliver real-time, intelligent execution between the customer, operations, partners and the supply chain. Privately held and headquartered outside of Boston, Massachusetts, Yantra focuses on retail, wholesale distribution, logistics and manufacturing vertical industries, and works with world-class companies such as Argos, Best Buy, DHL, Motorola, School Specialty, Inc., Screwfix Direct, SYSCO Corporation, Target, Texas Instruments and Thomson. For more information call 888-2-YANTRA or visit http://www.yantra.com. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. Contacts: Julie Mello Horn Group, Inc. (781) 356-7148 jmello@horngroup.com SOURCE Yantra Corporation Web Site: http://www.yantra.com Photo Notes: NewsCom: http://www.newscom.com/cgibin/prnh/20000705/YANTLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
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