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MASTECH CORPORATION LEADS THE INC. 500; 5,438 PERCENT GROWTH EARNS NATIONAL RECOGNITION FOR PITTSBURGH-BASED FIRM

 MASTECH CORPORATION LEADS THE INC. 500; 5,438 PERCENT GROWTH
 EARNS NATIONAL RECOGNITION FOR PITTSBURGH-BASED FIRM
 PITTSBURGH, Sept. 28 /PRNewswire/ -- Mastech Systems Corporation, established to provide clients with a wide range of custom programming and software services, announced that it has been recognized by Inc. magazine as the fastest-growing independent software services company in the United States today.
 The news is being reported in the October issue of Inc., based on the magazine's annual search for the top 500 up-and-coming companies across the nation. This year researchers identified more than 21,000 candidates, from which they eventually selected the Inc. 500. Of that group of exceptional firms, Mastech is ranked No. 31; among the computer software services firms on the list, Mastech is a clear No. 1.
 The Inc. rankings are based on the growth that these outstanding organizations were able to achieve from 1987 through 1991. During that time, Mastech's revenues climbed to $13.5 million, for a growth rate of 5,438 percent. The number of employees rose to 250, as the firm completed hundreds of major contracts for clients ranging from the Fortune 500 to local, state and federal agencies.
 Mastech spokespersons add that the firm has taken the impressive growth documented by Inc. a step further. In 1992, revenues are expected to reach $20 million -- up nearly 50 percent from 1991 levels, in an industry where average growth has slipped to single-digit levels. In order to handle its current volume of service contracts, Mastech employs over 400 systems analysts and project managers known for their expertise in various operating environments and in leading-edge technologies.
 Sunil Wadhwani, chairman of Mastech Corporation, says, "It's truly gratifying for us to be recognized on a national level for all that the firm has accomplished in a few short years. This affirms the caliber of our people, the quality of our work, and the real need that we're able to meet in the marketplace; these are the foundations of the success we've achieved."
 "The Inc. listing has added to the sense of excitement and opportunity that characterizes this firm," adds Ashok Trivedi, president of Mastech. "Our people are proud to be part of a firm that is 'on the move,' and they're invigorated by the professional challenges they see here. With a growing corps of top-flight professionals, we're looking forward to a very bright future indeed."
 Mastech's service areas include systems integration, turnkey software design and development, custom programming, and data communications and networks. The firm maintains its headquarters in Pittsburgh, as well as offices in Washington and Dallas.
 -0- 9/28/92
 /CONTACT: Margaret Ransom of Skutski & Associates, 412-281-5656, for Mastech Systems Corporation/ CO: Mastech Systems Corporation ST: Pennsylvania, District of Columbia, Texas IN: CPR SU:


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Publication:PR Newswire
Date:Sep 28, 1992
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