KUBC.L Regulatory News (KUBC)

10 Sep 2007 07:03

Kubera Cross-Border Fund Limited10 September 2007 Adayana named to Inc 500 list of fastest growing private companies On August 23, Adayana Inc, a portfolio company of the Kubera Cross-Border Fund(LSE/AIM: KUBC), was named to the 2007 Inc. 500 list of America's fastestgrowing private companies. The Inc. 500 is one of the most well-known andreputable index of private company performance in the United States. The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. Toqualify, companies had to be US-based, privately held and independent. For moreinformation on the Inc. 500, visit www.inc.com. The text of the press release from Adayana is provided below. For more information contact: Kubera Partners, LLC (Investment manager of Kubera Cross-Border Fund Limited) Tel no: +1 (212) 295 2400www.kuberapartners.comwww.kuberacrossborderfund.com Grant Thornton Corporate Finance (Nominated Adviser) Philip Secrett, PartnerTel no: +44 (0) 20 7383 5100 LCF Edmond de Rothschild Securities Limited (Broker) Hiroshi FunakiTel no: +44 (0) 20 7845 5968 Adayana Inc. Named to 2007 Inc. 500 List of America's Fastest Growing PrivateCompanies Inc. magazine today included Adayana Inc. in its 26th annual Inc. 500 list ofthe fastest-growing private companies in the U.S. Minneapolis, MN (PRWeb) August 24, 2007 -- Inc. magazine today included AdayanaInc. (http://www.adayana.com) in its 26th annual Inc. 500 list of thefastest-growing private companies in the U.S. "If you want to find out which companies are going to change the world, look atthe Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative,dynamic, fast-growth companies in the nation, the ones coming up with solutionsto some of our most intractable ills, creating systems that let us conductbusiness faster and easier, and manufacturing products we soon discover we can'tlive without. The Inc. 500 list is Inc. magazine's tribute to American businessingenuity and ambition." "Most training and educational programs around the world are hopelessly outdatedand bear little relationship to life and work skills required in today'sincreasingly global, technology-driven, and intensely competitive workplace,"said Dr. Rajiv Tandon, CEO of Adayana. "We are immensely proud of thisrecognition of our efforts to bring employability training to benefit the youthof the world as well as their employers." The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (onnewsstands August 28 - October 2), reported aggregate revenue of $16 billion andmedian three-year growth of 939 percent. Most important, the 2007 Inc. 500companies were engines of job growth, having created more than 64,064 jobs sincethose companies were founded. The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. Toqualify, companies had to be U.S.-based and privately held, independent - notsubsidiaries or divisions of other companies - as of December 31, 2006, and havehad at least $200,000 in revenue in 2003, and $2 million in 2006. For more information on the Inc. 500, visit www.inc.com. Adayana, the only training and workforce development company from Minnesota inthe Inc. 500 Human Resources category, is a learning services outsourcingcompany headquartered in Minneapolis, Minnesota, U.S. and - through itssubsidiary - has a large and growing Indian presence. The company provides arange of technology-enabled learning services to global clients in a focused setof vertical markets that include automotive services; defense; food, agricultureand life sciences; and training outsourcing. Its range of solutions and servicesincludes workforce development; strategic business alignment consulting; custome-learning content development; licensing of customizable content libraries,learning technology integration and maintenance; and managed learning BPOservices. Adayana uses technology as an underlying enabler to support thetraining needs of its clients. The company featured among the Top 20 Companiesin the Training Outsourcing Company Industry for 2006 according toTrainingoutsorcing.com, a leading training industry research firm. Contact Information Suki IyerAdayana Inc.http://www.adayana.com/952.830.0617 This information is provided by RNS The company news service from the London Stock Exchange