AUSTIN, Texas – June 11, 2007 - Perficient, Inc. (NASDAQ: PRFT), a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America, announced today that it has been named to the 2007 VARBusiness 500 and Fast 50 lists, VARBusiness magazine’s annual list of the 500 leading revenue producers and 50 fastest growing technology solution providers in the country.
Ranked by revenues, the VB500 list reveals that Perficient has moved to the #171 spot, up significantly from #233 last year, #306 in 2005 and #426 in 2004. This marks the sixth consecutive year that Perficient has been named to this prestigious list. Perficient’s revenue growth also again earned it a spot in the top 10% of high-growth firms, ranking #33 on this year’s VARBusiness Fast 50.
“We’re honored and proud to again be recognized on the VARBusiness 500 and Fast 50 lists,” said Jack McDonald, Perficient’s chairman and chief executive officer. “We’re particularly pleased with our continued ascent in the VB 500 rankings and our inclusion once more on the list of fastest-growing firms.” The VARBusiness 500 is compiled annually by the editors of VARBusiness magazine. The 2007 rankings can be found in the June 11th, 2007, print edition of the magazine and online at www.varbusiness.com.
About VARBusiness Magazine
For the past 20 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.
About Perficient
Perficient is a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America. 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 1,100 professionals, please visit www.perficient.com.
Safe Harbor Statement
This news release contains forward-looking statements that are subject to risk and uncertainties. These forward-looking 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 are 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.