Exigen® Services, a recognized leading application outsourcing provider, has announced, it was recently named one of the fastest growing companies within the EMEA, with a five-year company growth rate of 564%.

The 2009 Deloitte Technology Fast 500 rating methodology is based on a circulating capital growth indicator. Technology vendor subsidiaries from Europe, Middle Asia and Africa were ranked in accordance with officially reported company financial indicators from the past five years. Global leading professional auditors have given Exigen Services a 308th position within this rating category. The five-year company growth indicator was 564%.

The rating results were announced on November 24th, at the gala ceremony held in London. Nick Puntikov, President, Delivery, Exigen Services, participated in the event.

“Today the market requires service providers to guarantee the highest level of quality and hold deep industry expertise while applying a risk sharing approach to their relations with customers“ – Puntikov stated. “That is why in today’s tough economic environment we continue to maintain steady revenue growth”.

Average annual rating indicators in 2009 have shown slower growth compared to those reported in 2008. The 2009 Deloitte Technology Fast 500 presents a wide range of IT-service vendors from the UK, France, Netherlands, Germany and Scandinavia.

The Deloitte survey is considered to be one of the most recognized business ratings, reflecting the dynamic growth of mid-sized and large business entities. The rating sets a number of strict participation requirements that include an open audit and independent expert evaluation. Deloitte only considers those enterprises with turnover that currently equals 800 thousand Euro, and, that five years ago exceeded 50 thousand Euro.