Calgary, AB, July 2, 2010 – Replicon, Inc., is pleased to announce it has been recognized as one of the top technology companies in Canada for its market-leading Software-as-a-Service (SaaS) timesheets and expense-tracking software.

For the second consecutive year, Replicon has been placed on the Branham300, which highlights Canada's most successful organizations in the Information and Communication Technology (ITC) industry. The listing is compiled each year by Branham Group and ranks companies by their gross annual revenue.

“Being acknowledged as one of Canada's most successful technology companies is a proud honor for everyone at Replicon,” says Raj Narayanaswamy, Co-CEO of Replicon. “We want to thank Branham Group for this prestigious recognition, as well as our own dedicated staff and loyal customers around the globe, without whom this achievement wouldn't be possible.”

Replicon's suite of software-as-a-service (SaaS) products help more than 6,700 organizations manage their project costs, employee time tracking, client billing and payroll. The company's flagship products, Web TimeSheet Project & Billing and Web TimeSheet Time & Attendance, are Web-based solutions that enable businesses to:

• Track time against projects, clients or any business activity
• Compare expected revenue to the total cost of projects
• Streamline employee time & attendance
• Integrate HR, payroll and accounting processes
• View comprehensive reports on all activities in real-time

“The past 12 to 18 months proved to be challenging for all industries, and the Canadian ICT Industry was no exception,” says Wayne Gudbranson, president and CEO of Branham Group. “The economics of the Canadian ICT industry have changed significantly and the players operating within it must adapt. Nevertheless, the leading firms within this industry have overcome difficult business conditions in the past and combined to grow by more than 40 per cent since 2003.”

Full details of the Branham300 are also published annually in Backbone Magazine, a leading publication focused on business and technology in Canada.

About Branham Group Inc.

Branham Group is a leading industry analyst and strategic consulting firm servicing the global information technology marketplace. Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (eHealth, Outsourcing, Green IT and Wireless). Branham also produces an annual listing of the top information technology companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 eHealth vendors. For more information regarding Branham Group, please visit www.branhamgroup.com.