Persistent Systems, one of the leaders in software product development services, today announced that it has been ranked as one of the fastest-growing companies on the Deloitte Technology Fast 500 Asia Pacific 2009 list. The ranking is based on percentage revenue growth over three years. Persistent was selected in the areas of technology, media and telecommunications and has won this award four times in the last five years.

"It is a great honor to be selected to Deloitte’s 500 fastest growing companies list in Asia Pacific," said Dr. Anand Deshpande, CEO, Persistent Systems. "Persistent is focused on partnering with customers and delivering quality solutions and services. Demand for our service expertise remains strong and we expect that our commitment to customer success will drive our growth in the future. Being included with the many great companies on this list confirms what our customers already know about Persistent."

"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company’s services and its leadership," said Ian Thatcher, partner in charge of Deloitte’s Technology Fast 500 Asia Pacific program. "Persistent Systems has shown the right stuff for growth."