Subex Azure in Deloitte Technology Fast 50 India List

Subex Azure Ltd on December 10, 2007 announced that it has been ranked among the Deloitte Technology Fast 50 India list for the third consecutive year. This ranking places the Company in the Deloitte Technology Fast 500 Asia Pacific 2007 as well.

Subash Menon, Founder Chairman, Managing Director & CEO of the Company said, "This listing is an endorsement of Subex's proven business model and world class technology. It is also a reflection of the competitive advantage that we offer our customers through Operational Dexterity, which is a combination of service agility and operational efficiency."

The Deloitte Technology Fast 50 India 2007 Program conducted by Deloitte Touche Tohmatsu, Asia Pacific, recognizes fast growing technology Companies in terms of their revenue growth over three financial years. To qualify for this ranking, Companies must have a proprietary technology that has significantly contributed to the turnover, have produced a technology related product or spent a high percentage of their resources on research and development. The Company must also be headquartered in India.

The Company has witnessed strong customer momentum last year, establishing a strong presence in Australia, China, India, Indonesia, Japan, Taiwan, Thailand and Vietnam reflecting the Company's APAC reach. Today, the Company has clearly emerged as the leader in the software product development space through its continued focus on innovative technology solutions that will help telecom operators capture lost revenue and deliver more value to customers, investors and partners.