Replicon Named Finalist in Three Categories in the 2013 Hot Companies and Best Products Awards by Network Products Guide

San Mateo, Calif., – April 4, 2013 – Replicon, the global leader in cloud-based time tracking and expense management software, announced today that the company is a finalist in three categories in the 8th Annual 2013 Hot Companies and Best Products Awards by Network Products Guide, the industry’s leading technology research and advisory guide. Replicon is a finalist in the Best Products & Services: Cloud Computing/SaaS , Best Customer Satisfaction Program of the Year and Company Growth of the Year categories. These industry and peer awards from Network Products Guide are the world’s premier information technology awards honoring achievements and recognitions in every facet of the IT industry. Winners will be honored in Las Vegas on Tuesday, May 7, 2013 during the 8th annual dinner and presentations.

Replicon is one of the fastest-growing cloud companies in the workforce management space, with nearly 2,500 customers in 80+ countries. The company posted record growth in the 2012 fiscal year with a 47.1 percent increase in invoiced SaaS revenue and a 90 percent increase in employees over the past two years.

“We are honored to be named a finalist by our industry peers, and we thank our customers for choosing Replicon for all their time tracking needs,” said Raj Narayanaswamy, co-founder and co-CEO of Replicon. “Business today is about accelerating workforce productivity, and companies are quickly realizing the value of not only tracking employee time but understanding how that time is spent. Our rapid growth demonstrates strong demand for cloud-based solutions. Replicon strives to help our customers improve productivity and profitability with best-in-class time tracking solutions specific to their needs along with a superior customer experience.”

An annual achievements and recognition awards program with active participation from a broad spectrum of industry voices, the coveted annual Hot Companies and Best Products recognition program encompasses the world’s best in organizational performance, products and services, executives and management teams, successful deployments, product management and engineering, support and customer satisfaction, and public relations in every area of information technology.