Bomgar Ranked No. 28 on Deloitte’s 2008 Technology Fast 500

Summary: The ninth software company named to the top 30, Bomgar joins the fastest growing companies in North America

RIDGELAND, Miss., Nov. 12, 2008 - Bomgar Corporation, a leading provider of appliance-based virtual support software, today announced it ranked 28 on Deloitte's 2008 Technology Fast 500 annual list. Companies with explosive growth in North America across technology, media, telecommunications and life sciences industries are eligible for the list. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. Bomgar grew 11,500 percent during this period.

Bomgar Corporation's CEO, Joel Bomgar, credits the company's rapid growth to its keen focus on appliance-based virtual support software that eliminates the frustration of phone-only and on-site tech support and meets the increased enterprise demand for Internet-based remote support technology. The company's flagship product, the Bomgar Box, provides IT a secure and auditable help desk solution designed to remotely connect the help desk to end users that require on-demand technical assistance.

"This recognition on Deloitte's prestigious Technology Fast 500 list affirms the continued growth of our market and the unique value Bomgar's virtual support software offers organizations. We are excited and honored to be named as one of the fastest growing software companies in the nation, " he said.

"Each company on Deloitte's Technology Fast 500 is an innovator with an exceptional five-year track record of growth," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "Bomgar has earned its position among the fastest growing companies in North America, and we are proud to honor this important accomplishment. "

Bomgar previously ranked No. 12 on Deloitte's Rising Stars list for 2007, a special designation for 10 companies that have been in business a minimum of three years, but not more than five years.

Overall, companies that ranked on the 2008 Technology Fast 500 had growth rates ranging from 242 to 138,762 percent over five years, with an average growth rate of 3,043 percent.

Fast 500 Selection and Qualifying Criteria

The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007.

Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.

Bomgar is the worldwide leader in secure, appliance-based remote support. The company’s award winning solutions enable organizations to improve IT support efficiency by securely accessing and managing virtually any system – Mac, Linux, BlackBerry and Windows Mobile smartphones plus all versions of Windows. Over 5,000 leading companies around the world have deployed Bomgar’s enterprise-class solutions to transform their IT support functions and significantly improve operational efficiency and customer satisfaction while dramatically reducing costs. Bomgar is a privately-held company headquartered in Ridgeland, Mississippi with offices in Atlanta, San Francisco, Washington DC, Paris and London. In 2009, Bomgar was named one of the 500 fastest-growing companies in the US by Inc. Magazine.

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