AUSTIN, Texas (June 27, 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 is ranked #9 on Fortune Small Business magazine’s FSB100, a list of the 100 fastest-growing public companies in the country with revenues of less than $200 million in 2006.
In addition, Perficient ranked #5 in the nation on the FSB100 Revenue Growth list with 77% three-year annualized revenue growth and #3 on the FSB100 Stock Return list with stock appreciation of 94.2% on an annualized threeyear basis.
The FSB100 appears in the July/August issue of Fortune Small Business, a leading business and technology publication published by Time Warner Inc.
“We’re honored to be recognized among the very fastest overall growers on the 2007 Fortune Small Business list and as a top-five firm for both revenue growth and stock performance,” said Jack McDonald, Perficient’s chairman and chief executive officer. “We continue to execute aggressively against our growth goals and believe our most substantial opportunities still lie ahead.”
Perficient was the highest-ranking IT consulting firm on the list.
The full FSB100 list can be found online at:
http://money.cnn.com/magazines/fsb/fsb100/2007/full_list/
To compile the list, financial research firm Zacks ranked public companies with revenues of less than $200 million in 2006 and a stock price of more than $1, based on their percentage growth in earnings, revenue, and stock performance over a three year period.
In May, Perficient was ranked #6 on the Business 2.0 2007 Fastest-Growing Technology Companies list.
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 1,200 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 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.