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| Groupware Technology Ranks Number 1 on the Silicon Valley Business Journal's List of the 50 Fastest Growing Private Companies |
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| Campbell, CA (September 27, 2007) - Groupware Technology, Inc., a growing enterprise information technology solution provider, announced today that the company ranked number one on the Silicon Valley / San Jose Business Journal's list of the fifty fastest-growing private companies, based on their percentage revenue growth between 2004 and 2006. Groupware topped the list with over 3,193 percent growth between 2004 and 2006, nearly twice the rate of growth of the number two award recipient. Also for its unprecedented growth, Inc. magazine recently ranked Groupware as the fastest growing IT services company in the U.S. and placed it seventh overall on its Inc. 500 list of the fastest-growing private companies. |
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| The company has been recognized extensively by IT industry and channel publications like CRN and VARBusiness for its historic growth. President and CEO Mike Thompson stated, "We are extremely proud this year to be recognized locally by the Silicon Valley Business Journal, on the heels of topping the national Inc. 500 list. The Business Journal award is a reminder of our important role as a member of the local business community, and we are committed to supporting the growth of the local economy." |
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| The Silicon Valley / San Jose Business Journal hosted the 2007 fast growth honorees at an award reception at the Hyatt Regency Santa Clara on September 20, 2007. Other top 10 award recipients included Meade Construction, Auction Drop, Splice Communications and XOJET. Groupware employees attended the event and Groupware Technology is featured in the September 21st special publication of the Business Journal. |
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| The principals of Groupware Technology recently purchased a building in Campbell to house the company's growing operations and will move into the 17,220 square foot property in early November. The building is located on Division Street. Thompson stated, "We are committed to providing a great place to work for Silicon Valley technology professionals and our current and future employees." |
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| About Groupware Technology, Inc. |
| Groupware Technology, Inc. is a leading information technology solution provider and Sun Microsystems Advantage Partner headquartered in the San Francisco Bay Area. 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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