Tejas Networks named among Deloitte Technology Fast 50 INDIA
Award recognizes 50 fastest growing technology companies in India

Bangalore, November 23, 2007 – Tejas Networks, an emerging leader in next-generation optical transport equipment, announced today that it has been named as one of the Deloitte Technology Fast 50 India Companies. This award recognizes the fastest growing technology companies in India.

"We are delighted to be selected amongst the winners of Deloitte Technology Fast 50 India. This is a great recognition for Tejas Networks, which is one of the first technology product companies from India. This award re-affirms our execution strategy of achieving significant success in a highly competitive Indian telecom market," said Sanjay Nayak, CEO & Managing Director, Tejas Networks India Limited.

Deloitte’s staff rigorously evaluated Indian technology companies through a careful analysis of a variety of parameters including quality of management, financial data, execution of strategy and dedication to research and development. The award ceremony was held at the Taj Mahal Palace & Tower, Mumbai on 22nd November 2007.

About Tejas Networks

Tejas Networks is a leading innovator of carrier grade optical transport equipment. Today, there are tens of thousands of Tejas products enabling numerous Service Provider networks around the world. Tejas is continuing to build upon its success by introducing new Carrier Ethernet platforms to further enhance the global customer experience in creating next generation networks. Contact Tejas Networks at http://www.tejasnetworks.com

About Deloitte

Deloitte Touche Tohmatsu India Pvt. Ltd. is a member firm of Deloitte Touche Tohmatsu and provides non-audit consulting services. They serve Indian business houses, multinational companies and the public sector