Razorsight Achieves Record Year

Greater than 2,500% Annual Growth Over 5 Years

FAIRFAX, VA – January 10, 2007 - Razorsight Corporation, a market leader for financial business intelligence and corporate payables automation software, today announced it achieved record revenues and growth for its fiscal year ending on December 31, 2006. The company’s core Analytics software business grew at over 400% in 2006.

Razorsight also achieved record new revenue bookings in 2006 including winning many new clients – large and small. New clients in 2006 include IBM, Comcast, Time Warner, Global Crossing, GCI and Horne Engineering among many others. Razorsight has become the clear leader in the Communications, Media, Entertainment and IT Industries for direct cost management and payables automation. Razorsight recently extended its software platform to include application modules for IT Leasing, Construction, Manufacturing and Finance.

Razorsight’s 2006 results include record revenues and growth. "Razorsight's five year compound annual growth rate of over 2,500% compares favorably to the highest growth companies in the region and the nation, such as those as appearing in the top 5 of Deloitte’s Virginia Fast 50 rankings and to those appearing in the top 20 of Inc. Magazine's 500 fastest growing private companies," stated Mike Lincoln, Partner with Cooley Godward Kronish. Razorsight increased its volume of invoice data processed by 312% in 2006.

Razorsight’s newly released Automated Invoice Management (AIM) is the only turn-key solution on the market today that offers automation, business workflow, and analytics for a company’s management of direct costs, while delivering a return on investment in under 12 months. AIM fully automates invoice management, data extraction, inventory tracking and a single, integrated solution for capturing data from paper and electronic invoices, contracts, purchase orders and shipping receipts. With AIM, Razorsight’s clients gain 100% visibility into corporate spend data while eliminating the need to manually process, match and audit significant volumes of paper invoices, contracts and shipping receipts. Razorsight’s Software as a Service (SaaS) is an internet based application that’s easy to install, requires no complex IT integration and is proven to save billions. New customers can take advantage of Razorsight’s innovative solution in as little as 30 days.

“Razorsight’s impressive growth and marquee client list is a testament to the excellence of our software and the innovation of our people throughout the world. Our commitment to world class software engineering supported by high-quality service is the foundation for our growth,” stated Razorsight CEO Charlie Thomas.“AIM is the only solution of its kind which delivers near term ROI.  We have saved our customers billions of dollars and transformed the way they manage, process and audit their direct costs,” added Thomas.

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.