SOURCE: Abacus Data Systems, Inc.

Abacus Data Systems, Inc.

July 15, 2016 09:00 ET

Abacus Data Systems Named 7th Fastest Growing Private Company in San Diego

San Diego Business Journal Ranks Abacus as #7 on Their Prestigious List of 150 Fastest Growing Private Companies

SAN DIEGO, CA--(Marketwired - July 15, 2016) - Abacus Data Systems, Inc. (Abacus), a global provider of compliance ready virtual Desktop-as-a-Service (DaaS) offerings, which serve legal, financial, and healthcare organizations, has been recognized as the 7th fastest growing private company in San Diego County, according to the San Diego Business Journal. The San Diego Business Journal researches and publishes the list of 150 Fastest Growing Private Companies each year, uncovering the region's top emerging growth companies.

Abacus attended the San Diego Business Journal's invitation-only reception and awards ceremony at the Paradise Point Resort & Spa in San Diego on July 13. As a top 10 recipient, Abacus was honored with a video showcase highlighting the company and its achievements. Abacus has been on the publication's 150 Fastest Growing Private Companies list for two years in a row, ranking #21 in 2015.

"We are humbled to be ranked so highly among such an impressive list of companies that truly represent the San Diego economy's strength and vibrancy," said Alessandra Lezama, CEO of Abacus. "Being honored with this award for the second consecutive year reflects the enormous growth that Abacus has achieved, and is a testament to Abacus' mission of helping businesses worldwide quickly migrate to the cloud in order to remain relevant and competitive."

Most recently, Abacus announced growth to their integrated family with the addition of Amicus Attorney, one of the legal industry's practice management solutions. The growth marks Abacus' ability to deliver the widest range of Best in Class practice management, time, billing, and accounting applications powered by the compliance-ready, Desktop-as-a-Service (DaaS) Abacus Private Cloud.

"In this exciting market, Abacus is proud to help businesses easily store, protect, and access all of their information and applications at any time, and in so doing eliminate IT management and maximize productivity," concluded Lezama. "We are privileged to join the other companies on this elite list, and we thank the San Diego Business Journal for this honor."

About Abacus Data Systems
Abacus Data Systems is a leading provider of business technology products and solutions, serving small enterprise companies worldwide. Abacus gives companies sustainable and predictable performance gains while decreasing operational costs related to managing complex IT infrastructure and data center operations on their own.

Headquartered in San Diego, California, and backed by private investment with Providence Equity, Abacus operates three fully redundant data center footprints in the United States specifically engineered to host and safeguard sensitive data, giving its clients robust security and compliance policies with zero capital investment and complete data ownership in a flexible and dynamic environment. The integrated Abacus family includes Abacus Private Cloud™, AbacusLaw™ and Amicus Attorney™, providing technology solutions to over 500,000 clients worldwide.

About Providence Equity

Providence is a premier global asset management firm with $45 billion in assets under management across complementary private equity and credit businesses. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 150 companies and is the leading equity investment firm focused on the media, communications, education, and information industries. Providence is headquartered in Providence, Rhode Island, and also has offices in New York, London, Hong Kong, Singapore and New Delhi.

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