Progressive Infotech Receives Frost & Sullivan Award for Growth Strategy Leadership for Best RIM Services in India

New Delhi, Delhi, India

Progressive Infotech, a leading independent provider of IT Infrastructure Services, announced today that it has received the Growth Strategy Leadership Award for Best Remote Infrastructure Management Services in India by Frost & Sullivan. The Frost & Sullivan Award for Growth Strategy Leadership is given each year to the company that has demonstrated an exceptional growth strategy within their industry.

The sixth Frost & Sullivan India ICT Awards held in Mumbai on the 14th December 2007 were organized to recognize players that are contributing and in the future, would drive the growth of ICT industry through their market leadership, competitive strategies and innovation.

Progressive is, among, India's fastest growing Infrastructure Management companies. Its Remote Infrastructure Management (RIM) services portfolio incorporates end-to-end IT Infrastructure Monitoring & Management encompassing Networks, Systems, Applications, database services & Managed Security Services (MSS). Progressive registered a Rs. 110 crore turnover in 2006-07, a 46% rise in revenues on YOY basis. Moreover, the company has expanded its growth by opening offices in various cities and it is now present in more than 100 locations across India.

"Progressive Infotech is pleased to have received this recognition from Frost and Sullivan. Though, Progressive has received much recognition in the past, but this one is special as it comes from one of the most credible international market analysis group, said Prateek Garg, Managing Director & CEO, Progressive Infotech Pvt. Ltd.

"The award is given to Progressive Infotech based on the specific criteria evaluated by Frost & Sullivan analysts. Progressive exhibited leadership in Domestic RIM marketplace in terms of market share, growth/competitive strategies, innovation or those have done things differently for the advancement of the industry, " said Dr. T.R. Madan Mohan Director (Consulting), ICT Practice, Frost & Sullivan.

The Frost & Sullivan team of analysts monitored competitor revenue, market share, growth over the last year, market and technology innovation, go-to-market strategy and other important developments within the industry. In-depth interviews were also conducted with all market participants and extensive secondary research of proprietary data sources was conducted.

About Progressive Infotech -

Progressive Infotech is a leading independent provider of IT Infrastructure Services encompassing Provisioning, Integration and Management of IT Infrastructure. Progressive's services offering span across the IT infrastructure needs of an enterprise and has three strategic business units; Infrastructure Provisioning & Integration, Managed Services and Professional Services. It is the Premier Enterprise Partner of HP and has strategic alliances with all the industry majors and provides IT Infrastructure Management services across the industry verticals. Founded in 1998, the company employs over 550 associates and operates from its head office in Noida, covering more than 100 locations country wide including regional offices in all major cities like Mumbai, Chennai, Banglore, Hyderabad and Kolkata. For more information about the company, please visit www.progressive.in.

About Frost & Sullivan

Frost & Sullivan, the Growth Consulting Company partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

To view the photograph, please click on the link given below:

Mr. Anand Rangachary - Managing Director (South Asia & Middle East), Frost & Sullivan gives away the "Frost & Sullivan Award for Growth Strategy Leadership for Best RIM Services in India" to Prateek Garg, Managing Director & Chief Executive Officer, Progressive Infotech

Source: Progressive Infotech (Business Wire India)

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