Timesheet software provider Replicon Inc. places first on Alberta Venture Magazine's ranking of the Fastest Growing Companies.
Calgary, Alberta, Canada - (January 4, 2005) - Replicon Inc., the leading provider of time tracking software, announced today that the company has been awarded first on Alberta Venture Magazine's List of the 50 Fastest Growing Companies in Alberta. With revenues up 3,400% over five years, Replicon has ranked on this prestigious list for the last five consecutive years.
Alberta Venture Magazine is not alone in recognizing Replicon’s impressive growth pattern. This first place ranking by Alberta Venture Magazine follows the company’s recent rankings on Deloitte’s Fast 500 and Software Magazine’s Annual Software 500 List. Replicon was also selected by Profit magazine as a Profit 100 company, recognized as one of Canada's Top 25 Exporters, and named on Deloitte's Fast 50 List.
Replicon's revenues have been steadily climbing since the company's inception in 1998. In the last two years alone, Replicon's growth increased by over 250%. "We anticipate even greater growth in 2005," says Raj Narayanaswamy, CEO and Co-founder of Replicon, "The key to Replicon's success is in our product's simplicity. We created a solution that people want to use because it is simple, quick, and easy to implement."
Alberta Venture is Alberta's only province-wide business magazine, with a readership of more than 239,800 business people throughout Alberta, across Canada and around the world. Alberta Venture has published the list of Alberta's Fastest Growing Companies annually since 1998.
Replicon's Web TimeSheet helps organizations manage corporate productivity, streamline time and billing, and increase bottom-line revenues. Replicon's products are available for purchase and easy download at Replicon's web site at www.replicon.com.
