SOURCE: Aria Systems

Aria Systems

May 17, 2010 17:46 ET

Aria Systems Named a Top 50 Startup at TiEcon 2010

SaaS Billing Leader Recognized as One of Software's Most Promising Startups

SAN MATEO, CA--(Marketwire - May 17, 2010) -  Aria Systems, Inc. (http://www.AriaSystems.com), the leading provider of on-demand billing and subscription management solutions, today announced that it was recognized at TiEcon 2010 as a Top 10 Startup in the Software category. The prestigious TiE50 award recognizes the 50 most promising startup companies from five focus fields: Internet, Biosciences, Cleantech, Wireless, and Software. Aria Systems was one of just ten software vendors to be recognized from a pool of nearly 4,000 applicants.

"We're proud to be recognized as a TiE50 award winner," said Mike Morini, CEO at Aria Systems. "Aria was the first company to seize the opportunity to use a SaaS model to dramatically expand the market reach of billing and subscription management solutions. That same entrepreneurial spirit, promoted by the TiE50 awards, drives us to continue to innovate in our space."

TiE is a global, not-for-profit, non-political, and non-religious organization dedicated to fostering entrepreneurs across its international network. Since its founding in 1992, TiE has grown to become the world's largest organization for entrepreneurs and professionals with over 12,000 members worldwide. Last year's TiE50 winners have attracted over $2 billion in investment since being recognized at TiEcon 2009.

TiEcon 2010 is the world's largest conference for entrepreneurs and brings together over 3,000 world-class entrepreneurs and leaders from business, technology, venture capital, and media for two days of education, networking and business building.

About Aria Systems

Aria Systems is the leader in on-demand billing and subscription management solutions. Since its inception in 2003 as the pioneer in SaaS billing, Aria has grown rapidly to manage millions of accounts in every country in the world and spanning a wide range of industries. The Aria Billing and Subscription Management Platform is the industry's most reliable, flexible and scalable on-demand platform for organizations looking to accelerate recurring revenue capture while significantly reducing operating costs. Aria Systems also leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI DSS Level 1 compliance for the entire billing management process. Aria's team is comprised of industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.

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