SOURCE: Exalead

September 29, 2009 07:10 ET

Exalead Named to Software Magazine's 27th Annual Software 500

Software Magazine Ranks Exalead as One of the World's Largest Software Companies

SAN FRANCISCO, CA--(Marketwire - September 29, 2009) - Exalead, a global leader of search solutions and information access software in the enterprise and on the web, today announced its inclusion on the Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year.

Exalead was ranked 344 on this year's list with software revenue of $21 million, reflecting a 76% growth rate.

"Exalead's revenue growth demonstrates significant customer acceptance of Exalead and its products," said Paul Doscher, CEO of Exalead. "Our primary focus during 2008 was on obtaining and servicing new and existing customers worldwide -- we expect even more growth as we and our partners roll out new product platforms in the upcoming year."

"The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008, representing 8.8% growth from the previous year," says John P. Desmond, editor of Software Magazine and Softwaremag.com.

"The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners," Desmond says. "It is a quick reference of vendor viability. And the online version, to be posted soon at www.Softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

Some 44 percent of the 2009 Software 500 companies are privately held.

Go to www.Softwaremag.com and click on Subscribe to be among the first to see the 2009 Software 500. It is being released first in the digital publication to be distributed in mid-September.

The ranking is based on total worldwide software and services revenue for 2008. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About Exalead

Founded in 2000 by Search engine pioneers, Exalead® is a global software provider in the enterprise and Web search markets. Exalead's worldwide client base includes leading companies such as PricewaterhouseCooper, ViaMichelin, GEFCO, American Greetings and Sanofi Pasteur, and more than 100 million unique users a month use Exalead's technology for search. Today, Exalead is reshaping the digital content landscape with a platform, Exalead CloudView™ that uses advanced semantic technologies to bring structure, meaning and accessibility to previously unused or under-utilised data in the disparate, heterogeneous enterprise information cloud. The system collects data from virtually any source, in any format, and transforms it into structured, pervasive, contextualized building blocks of business information that can be directly searched and queried, or used as the foundation for a new breed of lean, innovative information access applications.

Exalead is an operating unit of Qualis, an international holding company, with offices in Paris, San Francisco, Glasgow, Milan and Darmstadt. Readers who wish to gain more information about Exalead can contact (415) 230 3800.

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