Calgary, Alberta - January 17, 2008 - Founded in 1996, Replicon is the world leader in web-based time and expense tracking solutions, and the innovator in productivity software.

Alberta Venture magazine annually produces the Fast 50 List, "Alberta's Growth Champions", listing some of the fastest growing companies in the province. The intent being to recognize growth-oriented businesses in Alberta based on sales and asset growth as some of the criteria.

Replicon, Inc was again honored by making this prestigious list, and achieved an impressive 6th place ranking.

It is the 5th consecutive year that Replicon has realized such similar and vast growth in business and overall sales in their online timesheet industry.

"It's very challenging to be a fast-growing company in such a competitive and constricted office market like Calgary's." says Raj Narayanaswamy, CEO of Replicon. "What's even more challenging is to sustain such a consistently high growth rate when you're already a well-established and market-leading company founded back in 1996!", noting that rankings on this list were highly contested in a red-hot economy.

With a remarkable client list of over 6700 companies in 60 different countries, Replicon has made itself the benchmark in the productivity software and time and expense tracking industries.