CyberTech Ranked Number 7 on Inc. Magazine's List of Fastest Growing Companies; Number 1 in the IT Sector.

OAK BROOK, Ill., Oct. 27 /PRNewswire/ -- CyberTech International, based in Oak Brook, Ill., is number 7 on Inc. Magazine's annual ranking of the fastest growing companies in the country. It is the fastest growing private company in Illinois, as well the fastest growing private IT services company in the U.S.

CyberTech provides comprehensive IT solutions and consulting services for organizations that use industry leading client/server technology platforms. Currently the company implements and supports the R/3 ERP package provided by SAP, Microsoft's operating systems and development platforms, and Cisco's networking technologies. CyberTech's revenues grew to nearly $50 million in 4 years, and are expected to reach $100 million by 1999. The company employs approximately 600 people worldwide, across the U.S., Europe and Asia.

Prasad Rao, President and CEO of CyberTech, stated, "Our company's growth has been fueled by increasing demand in the marketplace for scaleable solutions in IT consulting, project services, contract programming and offshore project services. In response to this demand, CyberTech invested $5 million in advanced technology centers to ensure that our consultants have the in-depth knowledge of the latest technologies to give our clients the highest quality service. We are proud to be included in this prestigious Inc. 500 ranking."

The Inc. 500, profiled in a special mid-October issue of the magazine, is a comprehensive guide to America's fastest-growing private companies. Noteworthy alumni include such household corporate names as Microsoft, Gateway 2000, US Robotics, and Oracle Corporation. To be eligible for the 1998 Inc. 500, a company must have been independent and privately held through the 1997 fiscal year, had at least $200,000 in base year sales, and have shown a sales increase from 1996 to 1997.