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| Global Consultants, Inc. Exceeds $240 million in sales in 2006; Continues global expansion |
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| GCI Records Over 35% Year-Over-Year Growth |
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| Morristown, NJ - December 19, 2006 |
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| Global Consultants, Inc. (GCI), one of the fastest growing providers of end-to-end information technology services and solutions worldwide, continued its rapid global expansion with over $240 million in total sales this year, resulting in an increase of over 35% compared to 2005. |
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| "We are pleased with our overall growth and client-related performance this year", said Hiten Patel, chairman and chief executive officer of GCI. "However, we expect 2007 to be another major milestone year for us as we continue to expand our presence on a global scale, especially in China and Brazil, as well as expand our technology practices and domain expertise in key verticals" |
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| In addition to the company's strong financial performance, GCI secured a number of high-profile awards and industry accolades in 2006, such as: |
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Honored as Regional Supplier of the Year by the National Minority Supplier Development Council; |
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Awarded Supplier of the Year by the NY / NJ Minority Supplier Development Council; |
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Named as one of New Jersey's finest, honoring the 50 fastest growing companies in the state by NJBIZ, New Jersey's premier business news publication; |
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Received Supplier Recognition Award for Customer Service from AT&T, Inc. (NYSE: T); |
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Selected as a finalist for the Large Corporation of the Year by New Jersey Technology Council; |
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Secured $30 million in equity funding from Oak Investment Partners to expand the company's global service and delivery capabilities; and |
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Recognized for growth and achievements by Silicon India SI100, DiversityBusiness.com and NJBIZ. |
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| GCI now has over 22 offices and six global delivery centers with over 3,000 employees worldwide. The company primarily services Global 2000 customers in a range of industries, including banking and financial services, telecommunications, retail, pharmaceutical and health care, technology and services, manufacturing and government. Services provided range in everything from information technology application development, Web 2.0 services, enterprise application integration and staff augmentation to enterprise software solution deployment, eBusiness implementations, SAP customer relationship management initiatives and quality assurance and testing, among other highly-specialized technology offerings. |
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| About GCI |
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| Established in 1991, Global Consultants, Inc. (GCI) is one of the fastest growing end-to-end information technology services and solutions firms worldwide. A $200 million firm, GCI's client-centric philosophy, commitment to service excellence and global delivery model global engagement model enables its Fortune 500 clients to succeed in today's global digital economy. With over 3,000 IT professionals globally, GCI provides onsite, offsite and offshore technology services and solutions to leading financial services, telecommunications, manufacturing, retail and logistics corporations. The privately-held company has offices in the U.S., Europe, and India, including five existing global delivery centers with plans to expand into Brazil and China in 2007. |
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| Media Contact: |
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Emilio Dabul
M: 908-822-7106
E: edabul@fast-lane.net |
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