SOURCE: Nimsoft

November 14, 2008 03:00 ET

Nimsoft Named to Deloitte's Technology Fast 50

Fastest Growing Systems Management Company Posts 981 Percent Growth

REDWOOD CITY, CA--(Marketwire - November 14, 2008) - Nimsoft Inc., the "Big 4" alternative for IT performance and availability monitoring solutions, today announced it has been named to Deloitte's 2008 Silicon Valley Technology Fast 50. With revenue growth of 981 percent over the last five years, Nimsoft is the fastest growing systems management company and 24th fastest growing company in Silicon Valley. The Silicon Valley Fast 50 is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in Silicon Valley based on percentage fiscal year revenue growth over five years (2003-2007).

"With more than 700 customers in 30 countries, Nimsoft has generated meteoric growth over the last five years and we are honored to be included in this prestigious list," commented Gary Read, CEO and president of Nimsoft. "Our continued growth is a testament to the strength of our products and our ongoing commitment to customer satisfaction. While the Big 4 vendors get poor marks from their customers, over 95 percent of Nimsoft customers are very satisfied."

"Deloitte's Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mark Jensen, Managing Partner, National Venture Capital Services, Deloitte & Touche LLP, in Silicon Valley. "We applaud the successes of Nimsoft and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscal year 2007, be headquartered in the San Francisco Bay Area, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com. This year's Silicon Valley Technology Fast 50 program was co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services -- A Wells Fargo Company.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see http://www.deloitte.com about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

About Nimsoft

Nimsoft is the fastest growing provider of next generation performance and availability monitoring solutions for the complete physical and virtualized IT infrastructure. The Nimsoft solutions redefine the standards for ease of use and speed of deployment -- providing outstanding return on investment and unparalleled customer satisfaction. Over 700 customers in 30 countries rely on Nimsoft solutions to monitor their IT based business applications and services. These customers include mid-market and global organizations, such as Barclays Capital and Amway Corporation, Bay Area Rapid Transit, Ladbrokes, MTU Aero Engines, TriNet, TRW Automotive, and hundreds of leading managed service providers such as CDW Berbee, Easynet and Rackspace Managed Hosting. For more information, visit www.nimsoft.com.

Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies. © 2008 Nimsoft Inc. all rights reserved.

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