DataCert Named to Deloitte's Technology Fast 500 and Software Magazine's Software 500
HOUSTON, October 31, 2006 - DataCert, Inc., the leading provider of electronic invoicing and legal spend management solutions, today announced its rankings of 185 on Deloitte's Technology Fast 500 and 348 on Software Magazine's Software 500. This marks DataCert's fourth consecutive listing on Deloitte's Technology Fast 500 and its third consecutive listing on the Software 500. Both awards recognize DataCert for revenue-based achievement.
Eric M. Elfman, DataCert's president and CEO, commented, "DataCert's commitment to software innovation is key to our sustained growth as a company. This recognition by both Deloitte and Software Magazine, coupled with our inclusion on the Inc. 500 for the third consecutive year, reinforces our assertion that there is a real need in corporate law departments for legal spend management technology."
Deloitte's Technology Fast 500
DataCert earned its fourth consecutive listing on Deloitte's Technology Fast 500 with revenue growth of 902% from 2001 to 2005.
The Fast 500 ranks the fastest-growing technology, media, telecommunications and life sciences companies in North America. Companies are selected based on percentage revenue growth from 2001 to 2005. Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology.
"To be successful in today's increasingly competitive landscape, companies have to be better, smarter, and more innovative than in the past, and the Technology Fast 500 companies are doing exactly that," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We applaud DataCert for being among the fastest-growing companies in North America."
For more information on Deloitte's Technology Fast 500 programs, visit www.fast500.com.
DataCert secured its third consecutive ranking on Software Magazine's Software 500, which is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. DataCert first appeared on the Software 500 in 2004 at number 415 and has inched its way up the ranking every year.
The ranking is based on total worldwide software and services revenue for 2005. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. This year's Software 500 includes industry leaders such as Microsoft, IBM, EDS and Oracle. For more information on the Software 500, visit www.softwaremag.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas - audit, tax, consulting and financial advisory services - and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names.
In the United States, Deloitte & Touche USA LLP is the member firm of Deloitte Touche Tohmatsu, and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. The subsidiaries of the U.S. member firm are among the nation's leading professional services firms, providing audit, tax, consulting, and financial advisory services through nearly 40,000 people in more than 90 cities. Known as an employer of choice for innovative human resources programs, it is dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm's Web site at www.deloitte.com/us.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine and the Software Decision Journal have been a brand name in the high-tech industry for nearly 30 years. Softwaremag.com, its web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 24th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
Advanced Invoice Management System (AIMS) is DataCert's web-based application that facilitates the approval and payment of electronic invoices between law firms and vendors and corporate law departments. Its primary purpose is to help managers proactively analyze corporate legal spend. Using AIMS, legal invoices are validated against corporate outside counsel guidelines, routed, adjusted and approved, then posted to a matter management and/or accounts payable system.
About DataCert, Inc.
DataCert, Inc. is the largest and fastest-growing supplier of electronic invoicing and corporate legal spend management solutions. DataCert's products and services provide a substantial return on investment to corporations looking to take control of their outside legal spend. With more than 7,200 customers in 110 countries, including 55 of the Fortuner 500, DataCert processes in excess of $9 billion of electronic invoicing data on an annualized basis. DataCert is headquartered in Houston with regional offices in London and Austin. Visit DataCert at www.datacert.com for more information.