[Immediate Release]
(January 6, 2003 HONG
KONG) Excel Technology International Holdings Limited (“Excel”, together with
its subsidiaries, the “Group”; stock code: 8048) is honoured to be the 178th
of the “First 250 of the Deloitte Touche Tohmatsu Asia Pacific Technology
Fast 500”, a ranking of the 250 fast-growing technology companies in
Asia Pacific.
The "Deloitte
Touche Tohmatsu Asia Pacific Technology Fast 500" program recognizes fast
growing technology companies across Asia Pacific. Rankings are based on the company’s three-year percentage
revenue growth. The winning companies came from new and established businesses
and from across Asia Pacific and industry sectors. Excel grew 77% percent during this period.
This award recognizes Excel’s successful growth from a Hong Kong based
company to now a strong regional financial technology provider with offices in
Beijing, Shanghai, Shenzhen, Guangzhou, and Singapore.
“Those companies that
have earned a position on the First 250 list of the “Deloitte Touche Tohmatsu
Asia Pacific Technology Fast 500” have made a significant achievement. Even
though this has been a tough period for technology companies almost all
companies who participated in our survey have expansion plans, some indicating
they intended to increase headcount by as much as 20%. There are exciting companies developing
significant new technologies and building a better platform for further
expansion,” said Ian Thatcher, Lead Partner, Deloitte Touche Tohmatsu Asia
Pacific Technology Fast 500.
Ms. Peggy Chan, Chairman and CEO of Excel, said, “We
have succeeded through a clear market focus in building a strong financial
technology platform. Our superior product offerings and quality service have
enabled our clients to attain a sustainable competitive advantage as they
expand into China and South East Asia. We are also proud of our deep-rooted culture to strive
for excellence. Being industry
focus has given us the advantage of having a better understanding of market
needs and trends in the information technology industry to enable business
delivery. Today, we are very
excited to receive such an honorable award in recognition of Excel’s dedication
and commitment. We will continue to offer our clients with even more innovative
products and services bringing them greater benefits.”
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