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| Groupware Technology Recognized as one of 50 Fastest Growing Companies on the 2007 VARBusiness 500 List |
| President and CEO Mike Thompson Participates in Panel Discussion for Conference VIPs in New York City |
| Campbell, CA (June 26, 2007) - Groupware Technology, Inc., a growing information technology solution provider, announced today that the company was honored by CMP Technology’s VARBusiness magazine as one of the 50 Fastest Growing companies on the 2007 VARBusiness 500 list. The annual VARBusiness 500 awards recognize the top solutions providers in the industry, which in total generated over $344 billion in annual revenue. Groupware ranked seventeenth on the top 50 fastest growing list, and its 2006 revenue of $58.9 million represents 91% single year growth. |
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| President and CEO Mike Thompson was one of three top executives chosen to participate in a panel discussion to kick off the 2007 VARBusiness 500 conference in New York City this week. The executive panel shared their insights with VIP conference attendees, discussing the state of the solution provider market, challenges, trends and growth strategies (What Keeps VARBusiness 500 CEOs Up At Night, ChannelWeb, 6/12/07). |
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| Groupware was invited to attend the VARBusiness 500 conference in New York City, an exclusive event for top-level solution provider executives, industry leaders and the press. As last year’s newcomer to the 2006 list and rising star, Groupware’s continued growth earned it a position on the 50 Fastest Growing list, and the company rose to #320 on the 500 list (up from #431, 2006), which includes EDS, Accenture, Deloitte Consulting and billion dollar plus integrators and consulting companies. |
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| Founded in 1992, Groupware is led by a management team of industry veterans Mike Thompson, Anthony Miley and Scott Sutter, and a growing team of professionals dedicated to customer service excellence and technology innovation. Thompson said, "We are pleased to be recognized again this year by VARBusiness and CMP, and commend the success of this year’s award recipients." |
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| About Groupware Technology, Inc. |
| Groupware Technology, Inc. ,headquartered in the San Francisco Bay Area, is a leading information technology solution provider and a member of the Sun (SM) Partner Advantage Program . The company provides enterprise technology solutions to its Fortune 1000 customer base and specializes in storage, security, networking and enterprise systems. For more information, contact (408) 540-0090 or visit www.groupwaretechnology.com. |
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