AUSTIN, Texas – October 2nd, 2006 --Perficient, Inc. (NASDAQ: PRFT), a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States, today announced that it has been ranked #5 on the most recent Investor Business Daily’s IBD 100® Top-Rated Stocks List.
According to IBD, The IBD® 100 Top-Rated Stocks (formerly IBD® 100 SmartLink) is IBD's weekly computer-generated ranking of the leading companies in America and the highest-rated stocks available today. The IBD® 100 stock list features companies that show superior earnings and strong price performance. Rankings are based on a combination of each company's recent earnings growth record; IBD's Composite Rating, which includes key measures such as return on equity, sales growth and profit margins; and relative price performance in the last 12 months.
“We’re excited that our performance and potential is being so highly regarded on this influential list,” said Perficient chairman and chief executive Jack McDonald. “IBD has been identifying high-growth companies and important market trends for investors for more than three decades. Their recent recognition of Perficient is testament to the progress we’ve made and the opportunities ahead for the company, our employees, our clients and our shareholders.”
Additionally, IBD’s Stock Checkup™ has currently awarded Perficient an A+ rating, with an overall score of 98 out of a possible 100 points. Among its peer group in the Computer – Tech Services Group, Perficient is currently ranked ‘Best in Group’ and #1 out of 72 companies on an overall and fundamental basis.
Perficient is a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States. Perficient helps clients gain competitive advantage by using Internet-based technologies to make their businesses more responsive to market opportunities and threats, strengthen relationships with customers, suppliers and partners, improve productivity and reduce information technology costs. Perficient is a member of the Russell 2000® index and is traded on the Nasdaq Global Select MarketSM, a market for public companies that meet the highest listing standards in the world. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner, a Microsoft Gold Certified Partner, a Documentum Select Services Team Partner and an Oracle-Siebel partner. For more information about Perficient, which employs more than 950 professionals, please visit www.perficient.com.
Safe Harbor Statement
This news release contains forward-looking statements that are subject to risk and uncertainties. These forwardlooking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from management's current expectations and the forward-looking statements made in this press release. These risks and uncertainties include, 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, the company’s ability to identify, compete for and complete strategic acquisition and partnership opportunities, and other risks detailed from time to time in the company's filings with Securities and Exchange Commission, including the most recent Form 10-K and Form 10-Q