Tejas Networks wins Deloitte Technology Fast 500 Asia Award fourth time in a row

Bangalore, India, December 18th 2009: Tejas Networks, a leader in next-generation optical networking products, announced today that it has been named as a winner in the Deloitte Technology Fast 500 Asia for the fourth year in a row. This award recognizes the 500 fastest growing technology companies in Asia.

"We are delighted to be selected amongst the winners of Deloitte Technology Fast 500 Asia for the fourth year in succession, with a revenue growth of over 206% in the last three years. This is a great recognition for Tejas Networks, which is one of the first technology product companies from India in the fast-growing telecom sector. Our consistent growth over the past many years is a result of our execution strategy of aggressively investing in R&D to build world-class products. In addition to our growth in the highly competitive Indian market, we have seen significant international success and our products are deployed in over 50 countries around the world. We see this award, a follow-up to our Fast50 India award, as a recognition of the impact we are making at a regional level and as a milestone in our journey to become a global telecom product company", said Mr. Sanjay Nayak, CEO & MD.

Deloitte's Technology Fast 500 Asia winners are selected from technology companies that are headquartered in the Asia-Pacific region and devote a significant portion of revenues to the research and development of technology.

About Tejas Networks

Tejas Networks is a leading innovator of carrier grade communications equipment. Tejas pioneered the development of cost effective, next-generation SDH/SONET as well as Carrier Ethernet products that enable telecom carriers to converge traditional voice-based transmission networks with the new data-dominated networks. Today, Tejas products are used in all major telecom networks in India and in over 50 countries around the world.