NewsGator Ranked 124th Fastest Growing Company in North America on Deloitte’s 2010 Technology Fast 500

Attributes 873% revenue growth to increased adoption of enterprise social computing

DENVER, Oct. 20, 2010 — NewsGator today announced that it ranked number 124 on the list of Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth from 2005–2009.

NewsGator grew 873% percent during this period. JB Holston, NewsGator’s President and CEO, credits the exploding interest in enterprise social computing as a primary driver to the company’s growth. Holston said, “Our agile software team is at the forefront of a revolution in the world of work. Enterprises of all sizes are adopting social computing to break down silos, drive innovation, and do more faster.  We’ve become a trusted partner to 100s of leading organizations in government and commerce around the world as this change accelerates.”

Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent. For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com.

“NewsGator and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. "Deloitte commends NewsGator for this impressive accomplishment.”

About NewsGator
NewsGator makes SharePoint social. Our Enterprise 2.0 software, Social Sites and Tomoye, boosts any organization’s performance with the power of social computing, innovation management, collaboration, and knowledge-sharing both inside the enterprise and out. Customers achieving results include Accenture, Biogen Idec, CME Federal Credit Union, Deloitte, Fujitsu, Novartis, the United States Air Force, and the United States Army.

# # #

NewsGator and NewsGator Social Sites are either trademarks or registered trademarks of NewsGator Technologies, Inc. in the United States and/or other countries. The names of all other companies and products mentioned herein may be the trademarks of their respective owners.