Progressive Infotech receives Frost & Sullivan award

DQC News Bureau

New Delhi: Progressive Infotech has announced 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 were given to
players that are contributing and in the future, would drive the growth of ICT
industry through their market leadership, competitive strategies and innovation.

Progressive's Remote Infrastructure Management (RIM) services portfolio
incorporates end-to-end IT Infrastructure Monitoring and Management encompassing
Networks, Systems, Applications, database services and Managed Security Services
(MSS). Progressive registered a Rs. 110 crore turnover in 2006-07, a 46 percent
rise in revenues on YOY basis. 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 and
CEO, Progressive Infotech.

"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.