Epicor Breaks into the Top 100 on Software Magazine’s Software 500 List and Moves up Eight Positions on Deloitte’s Technology Fast 50 for Orange County
IRVINE, Calif.--Epicor® Software Corporation (NASDAQ:EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, is pleased to announce two industry honors recognizing the company’s continued growth and success. Epicor has been recognized as one of the top 100 companies listed in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, and has also been named to Deloitte's prestigious Technology Fast 50 Program for Orange County, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP.
“We are honored to be recognized for our success as a leading software and technology provider by these two notable industry lists,” said George Klaus, chairman and CEO of Epicor. “Our move into the top 100 companies on the Software 500 and our substantial five-year growth rate (2002-2006) which moved us up considerably on the Technology Fast 50, are both testament to our focus and dedication to delivering a complete range of enterprise solutions along with single point accountability, that empowers Epicor customers to achieve operational excellence and sustained market leadership in today’s global economy.”
Software Magazine’s 25th Annual Software 500
Making its eighth consecutive appearance on the prestigious Software 500, Epicor has made a steady climb, now ranked in the top 20% of software providers. The list is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.
“The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “It is a quick reference of vendor viability. That is content of value.”
The ranking is based on total worldwide software and services revenue for 2006. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
Deloitte's Technology Fast 50 Program for Orange County
Continued growth year-over-year has placed Epicor, for the second consecutive year, among a group of select companies that qualify for the Technology Fast 50. This prestigious honor recognizes the 50 fastest-growing technology, media, telecommunications and life sciences companies in Orange County based on the percentage revenue growth over five years from 2002-2006. Epicor’s increase in revenues of 167.7 percent from 2002 to 2006 resulted in a 27 ranking in the Technology Fast 50 for Orange County.
“Sustaining high revenue growth over five years is an exceptional accomplishment. We commend Epicor for making the commitment to technology and delivering on the promise of market longevity,” said to Rick Rayson, Managing Partner, Orange County Practice, Deloitte & Touche LLP. “We are proud to honor Epicor to Deloitte’s Technology Fast 50.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
About Epicor Software Corporation
Epicor, named one of FORTUNE magazine’s 100 Fastest-Growing Companies in 2006, is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to the midmarket and divisions of Global 1000 companies. Founded in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
