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MBDA Awards to Honor Minority Technology Firm
MED Week 2010 Celebrates the Achievements of Ross Fernandes of Q Analysts

San Francisco, August 05, 2010: The Minority Business Development Agency (MBDA) today announced the recipient of the Technology Firm of the Year Award for MED Week 2010: Q Analysts LLC and its President and CEO, Mr. Ross Fernandes.

The MED Week Awards are dedicated to celebrating the accomplishments of minority enterprises and the advocates who support them. This year's MED Week gala celebrations and awards presentation will take place on Friday, August 20, 2010 at The Palace Hotel in San Francisco.

"MBDA is proud to present this year's Minority Technology Firm of the Year Award to Q Analysts," says Salvador Enriquez, Chief of Business Development, San Francisco Enterprise Center, MBDA, U.S. Department of Commerce. "Mr. Fernandes has led remarkable innovations in the use of technology in the consulting services sector and his company has helped create and support hundreds of jobs."

Mr. Fernandes founded Q Analysts LLC in 2003 with a vision to create a world-class services organization with his former colleagues - one that would leverage their shared value system and the Balanced Scorecard approach to organizational development. Today Q Analysts LLC is a leading information technology consulting firm, specializing in software quality assurance and testing, business intelligence, data warehousing and IT professional services.

Q Analysts employs a unique combination of best practices-integrating their trademarked Follow-the-Sun Recruiting™ Ecosystem Model, knowledge management principles, state of the art technology and top-notch talent - to help large enterprise organizations reach their technology project goals. With a hands-on approach to business development, Fernandes works closely with key clients including AT&T and other Fortune 500 firms in the telecommunications, technology, healthcare/biotech and retail industries. The IT firm's innovative method combines deep technical expertise with a solid understanding of the business drivers and a proven delivery processes to deliver both a high level of effectiveness and a great of deal of flexibility.

With a five-year compounded annual growth rate (CAGR) of 38.8%, privately-held Q Analysts generated $17.5 million in sales in 2009. Q Analysts was named America's fastest growing staffing company by Staffing Industry Analysts in 2009 and remains a leader in Annual List of the Fastest-Growing Staffing Firms in America for a second consecutive year and was ranked #10 in 2010. Q Analysts was also ranked as the #17 fastest growing firm in Silicon Valley by the San Jose Business Journal in 2009.

Mr. Fernandes holds an MBA in Business from the University of Bombay and is a graduate of both the Advanced Management Education Program (AMEP) for Entrepreneurs at the Kellogg School of Business and the Management Development for Entrepreneurs program at UCLA Anderson School of Management.

MBDA San Francisco National Enterprise Center represents over 49,000 minority business enterprises (MBEs) in eight western states: Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Washington and America Samoa. The purpose of MED Week is to showcase MBEs as an invaluable community resource and a strategic center for economic development. The event will bring together Hispanic American, Asian American and African American businesses, among other MBE communities, media and the corporate community supporting these MBEs.

The Minority Business Development Agency is part of the U.S. Department of Commerce and is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America.

For more information or to schedule an interview, please contact Barbara I. Wichmann at 415.351.2227 or send your request by email to b.wichmann@artemia.com.