AUSTIN, Texas, June 14, 2005—Perficient, Inc. (NASDAQ: PRFT), a leading information technology consulting firm in the central United States, announced today that it has been named the fifth fastest-growing technology solution provider in North America by VARBusiness magazine, the country’s leading information technology consulting trade publication.
Perficient has also been named to the 2005 VARBusiness 500, VARBusiness’ annual list of the 500 leading revenue producers – accounting for $334 billion in sales of information technology (IT) services and products – among approximately 90,000 solution providers in the country. Ranked by revenues, the list reveals that Perficient has moved up to the #306 spot from #426 last year. This marks the fourth consecutive year that Perficient has been named to this prestigious list.
In addition, earlier this year, Jack McDonald, Perficient’s chairman and chief executive officer, accepted an invitation to join the VARBusiness 500 Advisory Board, an exclusive, 10-member group that counsels VARBusiness magazine.
“Companies like Perficient are powering our national economic engine and keeping it competitive,” said Robert C. DeMarzo, VARBusiness publisher.
“We’re proud and honored to be recognized once again in the VARBusiness 500,” said McDonald. “We’re particularly pleased that our significant revenue growth has led us to be named the fifth fastest-growing firm in the country and advanced us 120 rankings on the list. Placing in the top 1% of listed achievers is especially rewarding because our growth has come with increased profitability.” The VARBusiness 500 is compiled annually by the editors of VARBusiness magazine. The 2005 rankings may be seen in the June 13th, 2005, print edition of the magazine and online at www.varbusiness.com.
About VARBusiness Magazine
For the past 18 years, VARBusiness’ strategic resources have been the gateway to the Solution Provider community. VARBusiness provides unique strategic business and technology insight for Solution Providers 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 on the magazine’s Web site at www.varbusiness.com.
About Perficient
Perficient is a leading information technology consulting firm serving Global 2000 and midsize companies in the central 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. Our solutions enable our clients to operate a real-time enterprise that dynamically adapts business processes and the systems that support them to the changing demands of an increasingly global, Internet-driven and competitive marketplace. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner and a Microsoft Gold Certified Partner. For more information about Perficient, which has more than 510 professionals in the central United States and Canada, please visit www.perficient.com. IBM is a trademark of International Business Machines Corporation in the United States, other countries, or both.
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-Q.