Clarity Systems Limited

Clarity Systems Limited

March 21, 2006 13:30 ET

Clarity Systems Ranks High in Branham 300 Top Canadian IT Company List

TORONTO, ONTARIO--(CCNMatthews - March 21, 2006) - Clarity Systems, a leader in corporate performance management (CPM) solutions, is pleased to announce today that it has received high rankings in two categories of the Branham 300's Annual Canadian Review of top 250 Canadian IT companies for 2005.

The Branham 300 rates Canadian companies primarily based on sales revenue generation. Clarity Systems placed in the top 100, ranking 92 and climbing 20 positions from last year's ranking of 112.

Due to this significant rise in ranking, Clarity was also identified in the "Movers and Shakers" category grading companies who have increased their ranking by the highest number of spaces in comparison to last year's top 250 list.

These achievements come after Clarity reported outstanding 2005 year-end results. Clarity experienced a 38 per cent increase in revenue, reporting $22-million in sales for 2005. These strong financial results were also backed by two major achievements in the Canadian industry. Clarity was named one of Profit Magazine's 100 fastest growing Canadian companies and received awards for innovation and market expansion by the Ontario government's Ontario Global Traders Awards (OGTA).

"This is another notable Canadian achievement under our belt," said Frank Pizzolato, CEO. "The Canadian economy has been very supportive of the growth its technology companies have experienced. At Clarity, we are backed by a superior product, best-in-class services and an outstanding team of experts in this industry - we are very proud of how far we have come."

About Clarity Systems

Clarity Systems delivers superior CPM software solutions, training, consulting and advisory services for financial budgeting, planning, reporting, consolidation and analytics to a large client base across North America. Clarity's unique product, Clarity Performance Management™, is a single-integrated application that offers the flexibility, security and control needed to meet compliance requirements, make more informed business decisions and ensure better corporate responsibility through its highly feature rich environment. Named as one of Profit's 100 fastest growing companies in 2005, Clarity Systems continues to experience a large growth in revenue, expand its client base and lead the industry as the CPM solutions' specialist. For more information on Clarity, please visit our website at www.claritysystems.com or call us at 1-877-410-5070.

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