Razorsight Named One of the Fastest Growing Companies in North America on Deloitte’s Technology Fast 500

FAIRFAX, VA – October 23, 2007 – Razorsight Corporation, a market leading provider of on-demand financial business intelligence solutions for communications, media and entertainment companies, has been named to Deloitte’s 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002–2006.

“Razorsight’s inclusion in the Deloitte Technology Fast 500 is another key benchmark of our continued market growth and expansion,” stated Charlie Thomas, CEO of Razorsight. “We attribute this growth to our tight focus on financial business intelligence solutions that have continued to deliver bottom line results for our customers, into the millions. We are honored to be among such a prestigious list of innovators.”

”Deloitte’s Technology Fast 500 recognizes technology companies who have achieved extraordinary growth in North America’s most innovative and competitive sectors,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. “We congratulate Razorsight on this significant accomplishment.”

In addition to ranking on Deloitte’s Technology Fast 500, Razorsight ranked eighth on the Virginia Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Virginia. 

About Razorsight

Razorsight Corporation is the market leader in on-demand financial business intelligence solutions for Communications, Media and Entertainment companies.  Razorsight’s Software-as-a-Service (SaaS) solutions automate payables processes, eliminate paper, provide detailed visibility into carrier cost and revenue data, and ensure actionable insight that reduces operating costs, improves margins and enables better SOX compliance.

Razorsight has dramatically transformed the way communications companies process, manage and leverage corporate payables and receivables data. Razorsight's highly scalable, web-based software is easy to install, requires no capital investment and has helped clients realize documented savings of over $2 Billion. Razorsight solutions are used by industry leaders such as Verizon, Time Warner and Comcast, as well as by small and medium sized carriers such as Globalcom to capture, audit and analyze more than $50 Billion in annual corporate spend. Razorsight has a 100% referenceable client base, a testimony to its customer focus and its commitment to meet and surpass customer expectations. 

Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: www.razorsight.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas—audit, tax, consulting, and financial advisory services—and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names.

CONTACTS:

Kim Larkin
Larkin Communications for Razorsight
Office: (703) 250-3590, x3406
Mobile: (202) 391-5205
klarkin@larkincomm.com
www.larkincomm.com

Nilanjan Ray
Director, Marketing at Razorsight
nilanjan.ray@razorsight.com
www.razorsight.com