AppLabs named Technology Company of the Year

By siliconindia   |   Saturday, 15 December 2007, 14:48 IST
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Hyderabad: Global IT services company AppLabs has been recognized as the 'Technology Company of the Year' in the 15th annual Enterprise Awards, which recognizes outstanding technology and life sciences companies in the Greater Philadelphia area. The award was given by Eastern Technology Council and Fairmount Partners. Commenting on the recognition, Sashi Reddi, Chairman and CEO, AppLabs, said, "It is indeed an honor and we are delighted to receive this award. The award recognizes AppLabs? dynamic entrepreneurial spirit, business innovation and achievements in the industry." "As our region's technology and life sciences industries continue to grow, the competitiveness of these awards continues to increase," said Dianne Strunk, CEO, Eastern Technology Council. "The 2007 Enterprise Award winners and finalists represent the pinnacle of business innovation and achievement." The Eastern Technology Council serves leaders of more than 700 technology and life sciences companies by providing valuable contacts and capital, information and education, through a wide variety of events, publications and innovative services.