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SuccessFactorsa 1437%, Five-Year Growth Earns Ranking as One of the Fastest Growing Technology Companies in North America

^{Published on 2008-11-21 06:14:56, Last Modified on 2009-11-02 13:03:29 - Market Wire}
 

SAN MATEO, Calif.--([ BUSINESS WIRE ])--SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in [ on-demand performance and talent management solutions ], today announced that it has been named one of the fastest growing technology companies in North America. SuccessFactors placed number 133 on Deloitte's 2008 Technology Fast 500 list with rankings based on the percentage revenue growth over five years from fiscal years 2003 to 2007.

"There's a Japanese philosophy called Kaizen that focuses on continuous improvement in all facets of life. That's one of our guiding principles at SuccessFactors," said SuccessFactors CEO Lars Dalgaard. "Being named to this list is proof that we take this seriously. By constantly improving and dedicating ourselves to customer success and product innovation, we can change the world and change the way companies and people work for the better."

SuccessFactors' increase in revenues of 1437 percent from fiscal year 2003 to 2007 resulted in a No. 133 ranking in the Deloitte's 2008 Technology Fast 500 List. In addition to ranking on Deloitte's Technology Fast 500, SuccessFactors was recently ranked No. 19 on Deloitte's Technology Fast 50 Program for Silicon Valley software and information technology companies.

"Deloitte's Technology Fast 500 recognizes companies who have achieved extraordinary growth in North America's most innovative and competitive market sectors," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "We congratulate SuccessFactors on this significant accomplishment."

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. 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. For more information on Deloitte's Technology Fast 500 program, visit [ www.fast500.com ].

The [ SuccessFactors Performance and Talent Management Suite ], which includes Performance Management, Goal Management, 360 Degree Reviews, Succession Management, Compensation Management, Learning and Development, Recruiting Management, Employee Profile, and Analytics and Reporting applications, creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.

About SuccessFactors, Inc.

SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,360 customers and 4 million end users today, SuccessFactors' solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work. For more information, visit: [ http://www.successfactors.com ].