Exoftware Is Ranked In the Top 100 in the Deloitte Technology Fast 500 EMEA

Thursday 30 November 2006

Exoftware attributes its growth to an increasing interest agile software development.

Dublin, 30 November 2006— Exoftware today announced that it ranked Number 6 in the 2006 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK & Ireland. Exoftware would also like to announce that they are ranked in the top 100 of the in the Deloitte Technology Fast 500 EMEA. Rankings are based on average percentage revenue growth over five years and Exoftware grew 1,454% percent during this period.

For the second year running, Exoftware were presented with a “Fast 50” award at the Deloitte Technology Forum on Wednesday 22nd November in the Mansion House, Dublin. Exoftware were also given another reason to celebrate as they were acknowledged as being one of the fastest growing technology companies in Europe at the Deloitte Technology Fast 500 EMEA. This achievement was awarded at the Palais Brongniart in Paris on the 27th November.

The Technology Fast 50 Programme seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over the last three financial years in Ireland, both north and south. All companies considered for the award must be technology-intensive or use unique technology in problem solving or must devote a high percentage of effort to research and development.

The Deloitte Technology Fast 500 EMEA program is the region’s most objective industry-ranking standard to focus on the technology field. It was created in 2000 to recognize the effort and dedication of the 500 fastest-growing technology companies in EMEA and includes all areas of technology: from Internet to biotechnology; from medical and scientific to computers/hardware. It includes both public and private companies. The awards, which have been running in EMEA for five years are researched and sponsored by the Deloitte Technology, Media & Telecommunications (TMT) Industry Group.

Headquartered in Dublin, Exoftware is a specialist in delivering business value through Agile software development methods such as Extreme Programming (XP), DSDM, and Scrum. Exoftware’s goal is to ensure software delivery organisations are delivering real business value – consistently, quickly and predictably. Exoftware basis its Agile work on values and principles, rather than a specific set of practices. This is a vital and key difference; ensuring that you find an Agile practice to solve your specific problem in your own context. Rather than force fitting Agile, you get a clear roadmap for your journey to Agile – specific to your organisational goals, needs and situation.

Exoftware’s CEO, Brian Hanly, credits a widespread interest in improving business value in software and the preference towards using Agile methods to achieve this with the company’s revenue growth over the past five years. He said, “achieving a spot in both the Irish Fast 50 and the European 500 is a great recognition of the hard work and success of Exoftware over the past 6 years”

“Growing the top line enough to make the Deloitte Technology Fast 50 is especially meaningful during competitive times for the technology sector,” said Simon Kerton-Johnson, Chairman of Deloitte’s UK & Ireland Fast 50. “We congratulate Exoftware on becoming one of the 50 fastest growing technology companies in Ireland.”

Contact: Exoftware Moninne McCormack +353 1 4100 647 mmccormack@exoftware.com

Editor Notes: About Exoftware Exoftware is the foremost specialist Agile software development methods, providing the most holistic and complete range of Agile software development methods services in the market. Our services range from Agile mentoring though to Agile Nearshore/Onsite Software Development. Our work takes us from the boardroom to the technical production floor, working with companies at varying levels of experience with Agile.

The misalignment of business and IT has lead to technical issues, poor quality software and software lacking business value. Through our approach we seek to align business and IT and address these complex issues ensuring speed to market brings lasting competitive advantage delivered through high value, high quality software.

We have combined our deep knowledge and experience in software development, specific industry sectors, and Agile to provide hands on, practical ways to deploy and adapt Agile for companies such as GE Mobile, HP, BT and LogicaCMG.

Working with Exoftware will give you a lasting asset in the form of transferred know-how and the delivery of a new business process and capability, where learning is on the job and the situation relevant. What’s more, we have consistently and successfully reduced testing cycles, improved speed to market, increased speed to profit, increased predictability, and reduced the over all software lifecycle.

For more information about Exoftware please visit http://www.exoftware.com

About Deloitte

In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each other’s omissions. Services are provided by member firms or their subsidiaries and not by DTT. Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority. The information contained in this press release is correct at the time of going to press. For further information, visit our website at www.deloitte.co.uk

Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.

The information contained in this press release is correct at the time of going to press.

Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the UK in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.

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