Virtusa Named One of '100 Fastest Growing Public Companies' by Boston Business Journal

BOSTON, Oct. 1 /PRNewswire-FirstCall/ -- Virtusa Corporation (Nasdaq: VRTU), a global IT services company that offers business consulting and outsourcing services, has been named to the Boston Business Journal's list of the "100 Fastest Growing Public Companies" in the Boston area. The recognition honors Massachusetts-based companies that saw substantial increases in revenue from 2006 to 2008 and marks Virtusa's second award for growth in the month of September.

"Virtusa's ranking among the Boston Business Journal's '100 Fastest Growing Public Companies' affirms our success in providing IT services that deliver business results to our customers," said Doug Mow, senior vice president of marketing at Virtusa. "Particularly in the current economic climate, companies are realizing the ability of integrated IT services to enhance business performance, accelerate time-to-market, and increase efficiency of their core business processes. Our growth is a direct result of our capacity to deliver these results."

Virtusa's revenue increase of 38.73% over the two year period was enough to secure the 61st spot on the roster and comes on the heels of the company's inclusion on the Everything Channel's Fast Growth 100 list, which honors the fastest-growing integrators in the IT industry. Virtusa continues to demonstrate its commitment to positively impacting business results for companies with tightening IT budgets, most recently with the introduction of the Virtusa BPM Acceleration Methodology (VBAM) which improves the probability of successful outcomes for business process management (BPM) projects.

Owned by American City Business Journals and covering business news in the greater Boston area, the Boston Business Journal compiles its "100 Fastest Growing Public Companies" list annually and honors high-growth organizations across a variety of industries. This year, the roster's combined revenue totals $115.9 billion and features a median two year revenue growth of 59%.

About Virtusa Corporation

www.virtusa.com

Virtusa is a global information technology (IT) services company providing IT consulting, technology implementation and application outsourcing services. Using its enhanced global delivery model, innovative platforming approach and industry expertise, Virtusa provides high-value services that enhance clients' business performance, accelerate time-to-market, increase productivity and improve customer service.

Founded in 1996 and headquartered in Massachusetts, Virtusa has offices in the United States and the United Kingdom, and global delivery centers in India and Sri Lanka.

"Virtusa" is a registered trademark of Virtusa Corporation.

SOURCE Virtusa Corporation