AUSTIN, Texas--(BUSINESS WIRE)—June 16, 2004—Perficient, Inc. (NASDAQ: PRFT), a leading eBusiness solutions provider to Global 3000 companies in the central United States, today announced that it has been named to the 2004 VARBusiness 500, VARBusiness magazine’s annual listing of the top 500 solutions providers in North America, ranked by revenue. The third consecutive year that Perficient has been named to the prestigious list, the company is ranked #426, up from #479 in 2003. In addition, Perficient’s substantial recent growth helped the company ascend at a pace faster than more than 90% of firms on the list.
“We’re proud and honored to once again be included in the VARBusiness 500,” said Perficient chairman and chief executive Jack McDonald. “We’re particularly pleased that our revenue growth helped us rise 53 rankings, which placed us in the top 10% of achievers on a year-over-year rankings basis. This recognition is especially rewarding because our growth came with increased profitability. We’ll continue to maintain our strong fiscal discipline and focus on profitability as we strive to reach our goal of becoming a $100 million IT services firm by the end of 2006.”
The VARBusiness 500 ranking is compiled annually by the editors or VARBusiness, a leading IT trade magazine. The 2004 rankings are available in the June 15th, 2004, print edition of VARBusiness and online now at www.varbusiness.com.
About VARBusiness Magazine
For the past 16 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community. VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available at its Web site, www.VARBusiness.com
Perficient is a leading provider of eBusiness solutions to Global 3000 companies in the central United States. Perficient helps companies acquire and strengthen their customer relationships, reduce their costs and empower their employees by helping them create Enabled Enterprises™, Web-based infrastructures with dynamically-integrated business applications that extend enterprise technology assets to customers, employees, suppliers and partners. Perficient is an award-winning “Premier Level” IBM business partner and a recognized expert in IBM’s WebSphere® software. Perficient’s other partners consist of leading eBusiness technology and services providers including Microsoft, Stellent, Bowstreet, Wily Technology, Tibco, Mainline, Digex, Fusion and others. For more information about Perficient, which has more than 210 professionals in the Central US and Canada, please visit http://www.perficient.com/. IBM and WebSphere are trademarks of International Business Machines Corporation in the United States, other countries, or both.
Safe Harbor Statement
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive services, demand for services like those provided by the company and market acceptance risks, fluctuations in operating results, cyclical market pressures on the technology industry, the ability to manage strains associated with the company’s growth, credit risks associated with the company’s accounts receivable, the company’s ability to continue to attract and retain high quality employees, accurately set fees for and timely complete its current and future client projects, and other risks detailed from time to time in the company’s filings with Securities and Exchange Commission, including the most recent Form 10-KSB and Form 10-QSB.