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We are committed to maintaining stringent control over client data security, and to simplifying our clients' audit and legal compliance requirements.
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Razorsight's Growth Drives Move to New Headquarters
Continued Expansion Forecasted
FAIRFAX, VA - April 4, 2006 - Following five years of profitable growth, Razorsight has relocated to a new headquarters facility as part of its continued global expansion. Razorsight, a market leading provider of invoice management and financial analysis software, announced that it has officially completed its move to a new facility in the suburbs of Washington, D.C. Razorsight has more than doubled its number of employees and revenues each of the last four years. The company anticipates continued expansion over the next several years. Razorsight's worldwide headquarters is now located at 3926 Pender Drive in Fairfax, Virginia.
Chief Executive Officer Charlie Thomas stated, "Over the past year Razorsight has built an exceptional management team, landed several Fortune 100 companies as customers, and successfully positioned to penetrate new commercial and public sector markets. Our new headquarters facility is three times the size of our former building and will enable Razorsight to continue our explosive growth in 2006 and beyond."
About Razorsight
Razorsight (www.razorsight.com) is the market leader in on-demand business intelligence for finance executives. Razorsight's Software as a Service (SaaS) provides a new level of visibility into corporate expenditures through our advanced technology which automates the manual process of receiving, validating and auditing invoices in any format. Razorsight captures invaluable data from invoices, contracts and other sources of information to provide business intelligence that significantly reduces operating costs and enhances Sarbanes-Oxley compliance. Razorsight's web-based software is easy to install, requires no capital investment, is highly scalable and proven to save money. Razorsight's solution is installed at several Fortune 500 companies. Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India.
Lisa Jensen
Director of Marketing
Razorsight
Lisa.jensen@razorsight.com
703-995-5900
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